Morrab Road - TR18 4HD
Key Postcode Insights
TR18 4HD is a residential postcode situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 167th largest and 61st most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £166,837
- 10 Year change
- up 44.9%
- Ave. Rental Price
- £868pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
TR18 4HD is a residential postcode situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 167th largest and 61st most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £166,837
- 10 Year change
- up 44.9%
- Ave. Rental Price
- £868pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin TR18 4HD
- 1 Marine Garden Morrab Road
2 Bed Modern House
- 2 Marine Garden Morrab Road
2 Bed Mid-century House
- Marine Cottage
2 Bed Period House
- Songlines
4 Bed Period House
Sales Market Trends
The last sale in TR18 4HD sold for £136,500 on 28th March 2017. Since then prices are up an average of 42.8%.
The current average value in the postcode is £166,837.
The TR18 4HD Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £166,837 |
| June 2025 | -1.9% | £171,894 |
| June 2024 | 1.8% | £175,236 |
| June 2023 | -2.2% | £172,113 |
| June 2022 | 16% | £176,059 |
| June 2021 | 17.6% | £151,715 |
| June 2020 | 0.8% | £129,002 |
| June 2019 | 0.8% | £127,964 |
| June 2018 | 4.7% | £127,006 |
| June 2017 | 5.3% | £121,257 |
| June 2016 | 4.1% | £115,149 |
| June 2015 | 1.7% | £110,631 |
| June 2014 | 1.6% | £108,830 |
| June 2013 | 2% | £107,109 |
| June 2012 | -0.1% | £104,992 |
| June 2011 | -0.6% | £105,107 |
| June 2010 | 6.4% | £105,785 |
| June 2009 | -11% | £99,416 |
| June 2008 | -3.6% | £111,709 |
| June 2007 | 0% | £115,902 |
Rental Market Trends
The current average rental value in the postcode is £868.
The TR18 4HD Rental Market has increased by 72.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £868pcm |
| June 2025 | 8.4% | £826pcm |
| June 2024 | 5.1% | £762pcm |
| June 2023 | 4.7% | £725pcm |
| June 2022 | 10.1% | £692pcm |
| June 2021 | 14.1% | £629pcm |
| June 2020 | 1.1% | £552pcm |
| June 2019 | 4.6% | £546pcm |
| June 2018 | 2.9% | £521pcm |
| June 2017 | 0.7% | £507pcm |
| June 2016 | 1.7% | £503pcm |
| June 2015 | 2.1% | £495pcm |
| June 2014 | 2.9% | £485pcm |
| June 2013 | -0.5% | £471pcm |
| June 2012 | 1.5% | £474pcm |
| June 2011 | 2.6% | £467pcm |
| June 2010 | 5.2% | £455pcm |
| June 2009 | -6.7% | £432pcm |
| June 2008 | 4.2% | £464pcm |
| June 2007 | 0% | £445pcm |
Sales History
The last sale was on 28th March 2017 for £136,500 and since then the market in the area has increased by 42.8%. The postcode has had a total of 7 sales since 1995.
TR18 4HD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2017£136,500 | 2 Bed House2 Marine Garden, Morrab Road, Penzance, TR18 4HD2 Marine Garden, Morrab Road, Penzance, TR18 4HD
- Sold Nov 2016£160,000 | 4 Bed HouseSonglines, Morrab Road, Penzance, TR18 4HDSonglines, Morrab Road, Penzance, TR18 4HD
- Sold May 2004£178,500 | 2 Bed House1 Marine Garden, Morrab Road, Penzance, TR18 4HD1 Marine Garden, Morrab Road, Penzance, TR18 4HD
- Sold Oct 2003£143,500 | 2 Bed House1 Marine Garden, Morrab Road, Penzance, TR18 4HD1 Marine Garden, Morrab Road, Penzance, TR18 4HD
- Sold Jul 2003£130,000 | 2 Bed House2 Marine Garden, Morrab Road, Penzance, TR18 4HD2 Marine Garden, Morrab Road, Penzance, TR18 4HD
Nearby Postcodes
TR18 4HD is the 167th largest and the 61st most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4JE, Queens Court, Penzance, TR18TR18 4JE5 Addresses|34 m away
- TR18 4HB, Brighton Terrace, Penzance, TR18TR18 4HB12 Addresses|38 m away
- TR18 4DL, Marine Terrace, Penzance, TR18TR18 4DL21 Addresses|48 m away
- TR18 4JB, South Place Folly, Penzance, TR18TR18 4JB10 Addresses|62 m away
- TR18 4DU, Daniel Place, Penzance, TR18TR18 4DU56 Addresses|78 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- period house (2)
- modern house (1)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2024£625,000 | 4 Bed House29, Morrab Road, Penzance, TR18 4EZ29, Morrab Road, Penzance, TR18 4EZ
- Sold Sep 2022£589,000 | 5 Bed House21, Morrab Road, Penzance, TR18 4EZ21, Morrab Road, Penzance, TR18 4EZ
- Sold Apr 2023£580,000 | 5 Bed House51, Morrab Road, Penzance, TR18 4EX51, Morrab Road, Penzance, TR18 4EX
Schools Nearby
- St Mary's CofE Primary School, Penzance200 m away
- Alverton Primary School700 m away
- Newlyn School1.1 km away
- Humphry Davy School1.2 km away
- Mounts Bay Academy2.0 km away
- St Ives School10.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 4HD is Penzance station, which is 900 metres away.
- Penzance|900 m away
- St Erth|9.1 km away
- Lelant Saltings|9.9 km away
- Lelant|10.6 km away
