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Morla Lane is a residential street with 4 addresses.
It ranks as the 71st largest and 56th most expensive of the 606 streets in the TR15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 4 properties: 4 flats.
Morla Lane is a residential street with 4 addresses.
It ranks as the 71st largest and 56th most expensive of the 606 streets in the TR15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 4 properties: 4 flats.
Sale prices range from £139,008 for 2 bedroom Leasehold flats with a garden (387 ft2) to £144,305 for 2 bedroom Leasehold flats (505 ft2) .
Monthly rental prices range from £671 pcm for 2 bed flats to £684 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.8%.
The average value per square foot is £322.
The current average value in the street is £142,981.
The Morla Lane Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.3% | £142,981 |
| May 2025 | 0.7% | £146,419 |
| May 2024 | -2.5% | £145,384 |
| May 2023 | 2.7% | £149,152 |
| May 2022 | 15.3% | £145,287 |
| May 2021 | 8.9% | £125,995 |
| May 2020 | 3.7% | £115,671 |
| May 2019 | 1.1% | £111,557 |
| May 2018 | 1.8% | £110,359 |
| May 2017 | 3.8% | £108,452 |
| May 2016 | 3.1% | £104,432 |
| May 2015 | -0.2% | £101,255 |
| May 2014 | 2.3% | £101,485 |
| May 2013 | -0.9% | £99,156 |
| May 2012 | -1.8% | £100,044 |
| May 2011 | 0.2% | £101,909 |
| May 2010 | -2.6% | £101,670 |
| May 2009 | -11.1% | £104,362 |
| May 2008 | 1.1% | £117,454 |
| May 2007 | 0% | £116,172 |
The current average rental value in the street is £681.
The Morla Lane Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £681pcm |
| May 2025 | 10.4% | £648pcm |
| May 2024 | 4.8% | £587pcm |
| May 2023 | 4.5% | £560pcm |
| May 2022 | 8.4% | £536pcm |
| May 2021 | 10.5% | £495pcm |
| May 2020 | 2% | £448pcm |
| May 2019 | 2.9% | £439pcm |
| May 2018 | 0.8% | £427pcm |
| May 2017 | -1.4% | £423pcm |
| May 2016 | 0.1% | £429pcm |
| May 2015 | 1.5% | £429pcm |
| May 2014 | 1.5% | £423pcm |
| May 2013 | -1.4% | £416pcm |
| May 2012 | 0.6% | £422pcm |
| May 2011 | 1.1% | £420pcm |
| May 2010 | -0.1% | £415pcm |
| May 2009 | -7.1% | £415pcm |
| May 2008 | 4.3% | £447pcm |
| May 2007 | 0% | £428pcm |
Morla Lane, Redruth, TR15 is the 71st largest and the 56th most expensive street in the TR15 area.
There is 1 postcode on Morla Lane, Redruth, TR15.
The closest station to Morla Lane, Redruth, TR15 is Redruth station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Morla Lane, Redruth, TR15, 63.2% of property is socially rented and 14.4% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Morla Lane, Redruth, TR15, 18.7% of residents are recorded as possessing school level qualifications and 18.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Morla Lane, Redruth, TR15, the average age was 41.9 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Morla Lane, Redruth, TR15, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Morla Lane, Redruth, TR15, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.