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
- Cliff Manor House, Fore Street, Newlyn, Penzance, Cornwall, TR18 5JP£675,000 · 2017£939,000
- Clifton Villa, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5HQ£175,000 · 2007£264,000
- Co-Operative Group, Promenade, Penzance, Cornwall, TR18 4NP£2,211,052 · 2022£2,514,000
- Coach House Cottages, 2, St Marys Terrace, Penzance, Penwith, Cornwall, TR18 4DZ£66,500 · 2002£209,000
- Coast, 12A, Lidden Road, Penzance, Cornwall, TR18 4PG£745,000 · 2021£825,000
- Cockleshells, 4 - 6, New Road, Newlyn, Penzance, Cornwall, TR18 5PZ£117,500 · 2015£142,000
- Coombe Cottage, Chyandour Coombe, Penzance, Penwith, Cornwall, TR18 3LP£66,000 · 1997£320,000
- Coombe House, Chyandour Coombe, Penzance, Cornwall, TR18 3LP£499,434 · 2012£720,000
- Coombe Lodge, Chyandour Coombe, Penzance, Cornwall, TR18 3LP£460,000 · 2023£413,000
- Coombe Lodge, Old Paul Hill, Newlyn, Penzance, Cornwall, TR18 5BX£325,000 · 2010£438,000
- Coopers Court, Coopers Cottage, Fore Street, Newlyn, Penzance, Cornwall, TR18 5JN£242,000 · 2018£315,000
- Cormorant Cottage, 6, Lower Queen Street, Penzance, Penwith, Cornwall, TR18 4DT£180,000 · 2016£259,000
- Corner Cottage, 43, Penlee Street, Penzance, Cornwall, TR18 2DE£175,000 · 2024£182,000
- Cornerstone, Castle Horneck Road, Penzance, Cornwall, TR18 4TY£360,000 · 2010£509,000
- Cornish Cafe, 12, Market Place, Penzance, Cornwall, TR18 2JB£138,000 · 2021£172,000
- Cornwall Cottage, Leskinnick Place, Penzance, Cornwall, TR18 2EZ£60,000 · 2015£120,000
- County Court, Alverton Terrace, Penzance, Cornwall, TR18 4GH£250,000 · 2020£351,000
- Cragside, Mount Prospect Terrace, Newlyn, Penzance, Cornwall, TR18 5QF£647,500 · 2025£850,000
- Cranbrook, The Carn, Newlyn, Penzance, Cornwall, TR18 5QG£200,000 · 2010£311,000
- Cranfield, Flat 1, Alexandra Road, Penzance, Cornwall, TR18 4LZ£172,500 · 2018£187,000
- Cranfield, Flat 2, Alexandra Road, Penzance, Cornwall, TR18 4LZ£237,950 · 2014£243,000
- Cranfield, Flat 3, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£321,000 · 2021£303,000
- Crest Haven, Tredavoe Lane, Newlyn, Penzance, Penwith, Cornwall, TR18 5DN£157,000 · 2017£220,000
- Crownley, 15, Chapel Street, Penzance, Cornwall, TR18 4AW£250,000 · 2014£459,000
- Cumberland House, 3, High Street, Penzance, Cornwall, TR18 2FD£100,000 · 2009£107,000
- Cumberland House, 6, High Street, Penzance, Cornwall, TR18 2FD£100,000 · 2009£107,000
- Cumberland House, 7, High Street, Penzance, Cornwall, TR18 2FD£100,000 · 2009£107,000
- Cumberland House, Flat 2, High Street, Penzance, Penwith, Cornwall, TR18 2FD£110,000 · 2008£111,000
- Cumberland House, Flat 4, High Street, Penzance, Penwith, Cornwall, TR18 2FD£85,000 · 2008£95,000
- Cumberland House, Flat 5, High Street, Penzance, Penwith, Cornwall, TR18 2FD£118,000 · 2008£116,000
- Cumberland House, Flat 8, High Street, Penzance, Penwith, Cornwall, TR18 2FD£120,000 · 2008£118,000
- Custom House, Dock Lane, Penzance, Cornwall, TR18 4AS£330,000 · 2020£444,000
- Dalton Cottage, Mennaye Road, Penzance, Penwith, Cornwall, TR18 4NG£100,000 · 2006£184,000
- Dawn View, 47, Gurnick Road, Newlyn, Penzance, Cornwall, TR18 5DG£200,000 · 2021£230,000
- Devon Cottage, Leskinnick Place, Penzance, Cornwall, TR18 2EZ£185,000 · 2023£216,000
- Devonia, Britons Hill, Penzance, Cornwall, TR18 3AF£331,000 · 2020£423,000
- Dinsul House, Hea Road, Heamoor, Penzance, Cornwall, TR18 3HB£425,000 · 2019£589,000
- Dock Cottage, Chapel Street, Penzance, Cornwall, TR18 4AQ£250,000 · 2026£249,000
- Dolphin Inn, Jack Lane, Newlyn, Penzance, Cornwall, TR18 5HZ£200,000 · 2019£277,000
- Dunedin Guest House, Alexandra Road, Penzance, Cornwall, TR18 4LZ£235,000 · 2002£516,000
- Eakring, Alexandra Road, Penzance, Cornwall, TR18 4LZ£275,000 · 2009£386,000
- East Lodge, Clarence Street, Penzance, Penwith, Cornwall, TR18 2PA£73,000 · 1999£303,000
- East View, St Peters Hill, Newlyn, Penzance, Cornwall, TR18 5EJ£350,000 · 2019£452,000
- East View, 1, Lower Art Gallery Terrace, Newlyn, Penzance, Cornwall, TR18 5PP£210,000 · 2015£265,000
- Ebb Tide, Belle Vue, Newlyn, Penzance, Penwith, Cornwall, TR18 5ED£240,000 · 2021£256,000
- Ebrenn, Pendrea Road, Gulval, Penzance, Cornwall, TR18 3ND£190,000 · 2023£171,000
- Edwards Barn, 44 - 46, The Strand, Newlyn, Penzance, Cornwall, TR18 5HW£175,000 · 2021£220,000
- El Shaddai, 11, Gwel Lewern, Eastern Green, Penzance, Penwith, Cornwall, TR18 3AX£182,500 · 2005£268,000
- Ellis Square, Voundervour Lane, Penzance, Cornwall, TR18 4UH£675,000 · 2023£748,000
- Elmsdale, Alexandra Road, Penzance, Cornwall, TR18 4LZ£450,000 · 2020£564,000
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 →