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House Prices in TR17

The average house price in TR17 (Marazion) is £1,095,000 using HM Land Registry data.

The average property price increased by £135,707 (27.37%) over the last 5 years and increased by £27,191 (4.09%) over the last 12 months.

Over the last year, there were 6 residential property sales – a decrease of 12 transactions (-200.00%) relative to the previous year. The majority of house sales (2) were in the £540,000 - £652,000 range. Then came properties in the £764,000 - £876,000 range, where 2 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 183 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In Oct 24, there were 2 new estate agency instructions, 3 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in TR17 (Marazion)

27.37%

Property prices in Marazion increased by 27.37% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TR17 (Marazion) Over the Last Year

4.09%

Property prices in Marazion increased by 4.09% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for TR17 (Marazion) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TR17 (Marazion)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TR17 (Marazion)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TR17 (Marazion)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TR17 (Marazion) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR17 postcode area since 1995.

Recent Sales in TR17 (Marazion)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Chy-reene-warra, Rose Hill, Marazion, Cornwall, TR17 0HB	£795,000	£795,000	£00	02 Feb 2024	07 Jun 2024	126 Days
Brovadnack, Green Lane West, Marazion, Cornwall, TR17 0HH	£800,000	£785,000	-£15,000	22 Jul 2023	09 May 2024	292 Days
Roshera, Green Lane, Marazion, Cornwall, TR17 0HQ	£750,000	£725,000	-£25,000	28 Sep 2023	09 Feb 2024	134 Days
Anchor Cottage, Chapel Street, Marazion, Cornwall, TR17 0AE	£585,000	£540,000	-£45,000	23 Dec 2022	31 Oct 2023	312 Days
Acacia, Turnpike Hill, Marazion, Cornwall, TR17 0AU	£550,000	£550,000	£00	07 Jul 2022	10 Aug 2023	399 Days
Lowarth Mor, Higher Fore Street, Marazion, Cornwall, TR17 0BQ	£400,000	£390,000	-£10,000	05 Apr 2023	21 Jun 2023	77 Days
Honeysuckle Cottage, Fore Street, Marazion, Cornwall, TR17 0AL	£325,000	£290,000	-£35,000	15 Apr 2022	13 Apr 2023	363 Days
Mounts Bay House, Turnpike Hill, Marazion, Cornwall, TR17 0AY	£1,350,000	£1,150,000	-£200,000	26 May 2022	18 Oct 2022	145 Days
3 Treworvenneth Drive, Marazion, Cornwall, TR17 0BT	£275,000	£275,000	£00	10 Mar 2022	17 Aug 2022	160 Days
2 School Lane, Marazion, Cornwall, TR17 0DG	£335,000	£330,000	-£5,000	28 Jan 2022	28 Jul 2022	181 Days
Penvista, Turnpike Hill, Marazion, Cornwall, TR17 0AY	£350,000	£350,000	£00	22 Apr 2022	11 Jul 2022	80 Days
Lynsdale, Leys Lane, Marazion, Cornwall, TR17 0AQ	£325,000	£313,000	-£12,000	15 Dec 2021	01 Jun 2022	168 Days
Old Lookout, West End, Marazion, Cornwall, TR17 0EL	£575,000	£550,000	-£25,000	07 Dec 2021	24 May 2022	168 Days
Sandpiper, Higher Fore Street, Marazion, Cornwall, TR17 0BQ	£385,000	£385,000	£00	02 Apr 2022	04 Apr 2022	2 Days
Penwithian, Higher Fore Street, Marazion, Cornwall, TR17 0BQ	£495,000	£485,000	-£10,000	29 Jan 2021	30 Sep 2021	244 Days
Chy Lowenna, Fore Street, Marazion, Cornwall, TR17 0AD	£245,000	£230,000	-£15,000	07 Aug 2020	08 Sep 2021	397 Days
Chy An Gwel, 6, Trevenner Lane, Marazion, Cornwall, TR17 0BL	£425,000	£412,000	-£13,000	16 Apr 2021	20 Aug 2021	126 Days
1 Shop Hill, Marazion, Cornwall, TR17 0BG	£300,000	£290,000	-£10,000	17 Sep 2020	29 Jun 2021	285 Days
Gordon House, North Street, Marazion, Cornwall, TR17 0ED	£349,950	£250,000	-£99,950	27 Jun 2008	23 Jun 2021	4744 Days
Penhale, North Street, Marazion, Cornwall, TR17 0ED	£325,000	£315,000	-£10,000	17 Aug 2020	18 May 2021	274 Days

Most Expensive Streets in TR17 (Marazion)

Postcode	Street	Area	Average	No. of Sales
TR17 0AY	Turnpike Hill	Marazion	£605,500	4
TR17 0EA	Rhymney Villas	Marazion	£588,333	3
TR17 0EX	Godolphin Terrace	Marazion	£486,000	3
TR17 0EL	West End	Marazion	£461,666	3
TR17 0ED	North Street	Marazion	£446,250	4
TR17 0ED	North Street	Marazion	£446,250	4
TR17 0BQ	Higher Fore Street	Marazion	£435,280	5
TR17 0BQ	Higher Fore Street	Marazion	£435,280	5
TR17 0BB	Higher Fore Street	Marazion	£373,333	3
TR17 0BB	Higher Fore Street	Marazion	£373,333	3

Least Expensive Streets in TR17 (Marazion)

Postcode	Street	Area	Average	No. of Sales
TR17 0EF	St Pirans Court, West End	Marazion	£191,750	4
TR17 0BJ	Trevenner Square	Marazion	£270,500	4
TR17 0AD	Fore Street	Marazion	£271,000	3
TR17 0BL	Trevenner Lane	Marazion	£286,000	3
TR17 0DB	Gwel An Mor, Fore Street, Marazion	Marazion	£291,666	3
TR17 0DB	Gwel An Mor, Fore Street, Marazion	Marazion	£291,666	3
TR17 0DS	Chy-ar-venton, Turnpike Road	Marazion	£304,000	3
TR17 0DS	Chy-ar-venton, Turnpike Road	Marazion	£304,000	3
TR17 0DG	School Lane	Marazion	£317,142	7
TR17 0DG	School Lane	Marazion	£317,142	7