House prices in TR18
Median value — November 2026
£256,000
Modelled from 6,294 properties Stede tracks in TR18
Market snapshot
£256,000
Median value
£294,842
Average value
206
Sales in the last 12 months
-1%
Change over the past year
Value over time
- Modelled value
- Projected
Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.
View as a table
| Year | Modelled value |
|---|---|
| 2000 | £72,349 |
| 2001 | £85,876 |
| 2002 | £117,294 |
| 2003 | £138,898 |
| 2004 | £165,238 |
| 2005 | £168,428 |
| 2006 | £181,456 |
| 2007 | £193,572 |
| 2008 | £168,194 |
| 2009 | £171,000 |
| 2010 | £177,916 |
| 2011 | £171,128 |
| 2012 | £168,882 |
| 2013 | £173,762 |
| 2014 | £181,839 |
| 2015 | £191,707 |
| 2016 | £191,351 |
| 2017 | £201,852 |
| 2018 | £208,529 |
| 2019 | £212,354 |
| 2020 | £234,081 |
| 2021 | £252,063 |
| 2022 | £282,312 |
| 2023 | £267,358 |
| 2024 | £265,174 |
| 2025 | £257,534 |
| 2026 | £256,000 |
Property types
- Mid-terrace house48%£237,000
- Detached house17%£414,500
- Flat / Maisonette16%£153,000
- Semi-detached house15%£287,000
- Property4%£241,000
Recent sales
- Pendower House, Fradgan Place, Newlyn, Penzance, Cornwall, TR18 5BD£400,000 · 2026£414,000
- 4 Gwavas Quay, Newlyn, Penzance, Cornwall, TR18 5BB£345,000 · 2026£329,000
- Mount's Bay Lodge, 16, New Town Lane, Penzance, Cornwall, TR18 2FJ£161,000 · 2026£191,000
- 2 Lescudjack Road, Penzance, Penwith, Cornwall, TR18 3AD£315,000 · 2026£333,000
- 9 Redinnick Place, Penzance, Cornwall, TR18 4HP£255,000 · 2026£246,000
- 3 St Marys Place, Penzance, Penwith, Cornwall, TR18 4EE£725,000 · 2026£802,000
- 29 Trerew Road, Penzance, Cornwall, TR18 4RX£166,000 · 2026£177,000
- Hea Mews, 2, Hea Corner, Heamoor, Penzance, Cornwall, TR18 3HF£355,000 · 2026£399,000
Addresses in TR18
- Barton Mews, 2, Treneere Lane, Heamoor, Penzance, Cornwall, TR18 3LB£173,000 · 2016£229,000
- Barton Mews, 4, Treneere Lane, Heamoor, Penzance, Cornwall, TR18 3LB£190,000 · 2020£239,000
- Barton Mews, 5, Treneere Lane, Heamoor, Penzance, Cornwall, TR18 3LB£189,995 · 2015£243,000
- Bay View Villas, Chy Bran, Penzance, Penwith, Cornwall, TR18 4HU£320,000 · 2007£403,000
- Bay View Villas, Claremont Villa, Penzance, Penwith, Cornwall, TR18 4HU£285,000 · 2005£434,000
- Bay View Villas, Dunbar Villa, Penzance, Cornwall, TR18 4HU£550,000 · 2023£485,000
- Bay View Villas, Norwood, Penzance, Cornwall, TR18 4HU£300,000 · 2016£455,000
- Bay View Villas, Norwood, Penzance, Penwith, Cornwall, TR18 4HU£240,000 · 2006£513,000
- Bay View Villas, Roskelly, Penzance, Cornwall, TR18 4HU£300,000 · 2009£429,000
- Bay View Villas, Treleigh, Penzance, Cornwall, TR18 4HU£335,000 · 2017£442,000
- Bay View Villas, Treleigh, Penzance, Penwith, Cornwall, TR18 4HU£189,000 · 2002£353,000
- Bay View Villas, Trevine House, Penzance, Penwith, Cornwall, TR18 4HU£187,000 · 2001£509,000
- Bayside, Fore Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JT£210,000 · 1999£703,000
- Bayview, Adit Lane, Newlyn, Penzance, Cornwall, TR18 5DX£412,000 · 2019£544,000
- Bayview Cottage, Britons Hill, Penzance, Penwith, Cornwall, TR18 3AF£250,000 · 2008£380,000
- Beachfield Hotel, Promenade, Penzance, Cornwall, TR18 4NW£670,000 · 2021£841,000
- Beacon House, 6, Parc Terrace, Newlyn, Penzance, Penwith, Cornwall, TR18 5AS£160,000 · 2006£219,000
- Beechwood, Alexandra Place, Penzance, Penwith, Cornwall, TR18 4NE£190,000 · 2003£383,000
- Belhaven, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£286,000 · 2006£396,000
- Bell Tower, 1, Chapel Street, Penzance, Penwith, Cornwall, TR18 4AQ£250,000 · 2023£224,000
- Bell Tower, 2, Chapel Street, Penzance, Penwith, Cornwall, TR18 4AQ£325,000 · 2022£305,000
- Bell Tower, 3, Chapel Street, Penzance, Penwith, Cornwall, TR18 4AQ£85,000 · 2003£133,000
- Belmont, Old Paul Hill, Newlyn, Penzance, Cornwall, TR18 5BS£475,000 · 2021£546,000
- Bettys Garden, 6A, Penkernick Close, Newlyn, Penzance, Cornwall, TR18 5DA£399,950 · 2014£528,000
- Biscovey, Trewithen Road, Penzance, Cornwall, TR18 4LS£635,000 · 2025£653,000
- Blue Elvin, Fore Street, Newlyn, Penzance, Cornwall, TR18 5JT£1,496,500 · 2023£1,485,000
- Boase Castle House, Belle Vue, Newlyn, Penzance, Cornwall, TR18 5ED£455,000 · 2013£617,000
- Bodillys Cottage, Church Street, Newlyn, Penzance, Cornwall, TR18 5JY£266,000 · 2023£231,000
- Bodinnar, Gwavas Road, Newlyn, Penzance, Penwith, Cornwall, TR18 5EG£184,000 · 2002£386,000
- Bolitho Nursery, Polwithen Road, Penzance, Cornwall, TR18 4JR£1,500,000 · 2015£2,003,000
- Bonnington, Adit Lane, Newlyn, Penzance, Penwith, Cornwall, TR18 5DX£458,500 · 2014£592,000
- Bosalverne, Alverton Road, Penzance, Penwith, Cornwall, TR18 4TQ£630,000 · 2011£811,000
- Boscovean, Polmennor Road, Heamoor, Penzance, Cornwall, TR18 3JF£680,000 · 2013£846,000
- Boskye, Green Lane Hill, Gulval, Penzance, Cornwall, TR18 3LZ£295,000 · 2016£415,000
- Bosleven, Flat 2, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£49,500 · 1999£155,000
- Bosleven, Flat 3, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£270,000 · 2022£240,000
- Bosleven, Garden Flat, Trewithen Road, Penzance, Cornwall, TR18 4LS£182,000 · 2011£195,000
- Bow Cottage, 26A, New Street, Penzance, Penwith, Cornwall, TR18 2NE£153,000 · 2005£164,000
- Bowithick, 2, Laregan Hill, Penzance, Cornwall, TR18 4NY£675,000 · 2018£930,000
- Branksome, 27, Flat 2, Mennaye Road, Penzance, Cornwall, TR18 4NG£345,000 · 2013£451,000
- Branwell House, Clarence Street, Penzance, Cornwall, TR18 2NP£1,450,000 · 2022£1,691,000
- Brentwood House, Bread Street, Penzance, Penwith, Cornwall, TR18 2EH£330,000 · 2018£433,000
- Briar Rose Cottage, 17, Landeryon Gardens, Penzance, Penwith, Cornwall, TR18 4JN£300,000 · 2006£451,000
- Briarbank, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AW£195,000 · 2025£198,000
- Bridge House, Tolcarne Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5PR£238,750 · 2023£238,000
- Bridgids Praze Bungalow, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LJ£84,000 · 1996£432,000
- Brighton House, Brighton Terrace, Penzance, Cornwall, TR18 4HB£173,000 · 2021£215,000
- Brioni, Castle Road, Penzance, Cornwall, TR18 2AX£390,000 · 2024£395,000
- Bron-Y-Mor, Tolcarne Place, Newlyn, Penzance, Cornwall, TR18 5PR£365,000 · 2016£510,000
- Brook House, Polmennor Road, Heamoor, Penzance, Penwith, Cornwall, TR18 3JF£525,000 · 2017£703,000
About this area
TR18 is a UK postcode district. Stede can model 6,294 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.
As of November 2026, TR18 has a median estimated value of £256,000 and an average of £294,842.
Modelled values in TR18 are -1% over the past year and +2% over five years.
The market here is mostly mid-terrace houses, which make up 48% of the properties Stede tracks in TR18.
206 sales were recorded in TR18 over the past 12 months.
Common questions
What is the average house price in TR18?
As of November 2026, the average estimated value is £294,842 and the median is £256,000 across 6,294 properties Stede tracks in TR18. This is not a formal market valuation.
Are house prices in TR18 going up or down?
Modelled values in TR18 are -1% over the past year and +2% over five years, based on the UK House Price Index.
What types of property are in TR18?
48% of the properties Stede tracks in TR18 are mid-terrace houses. detached houses are next most common, at 17%.
How many properties are in TR18?
Stede can model 6,294 properties in TR18, with 206 recorded sales in the past 12 months.
How does Stede calculate house prices for TR18?
These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.
How we calculate this
These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.
Read the full methodology and data sources →