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
- Evergreen Cottage, Old Paul Hill, Newlyn, Penzance, Cornwall, TR18 5BS£385,000 · 2022£341,000
- Exchange Building, 43 - 44, Apartment 2, New Street, Penzance, Cornwall, TR18 2LZ£570,000 · 2021£544,000
- Fairholme, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5HG£380,000 · 2023£370,000
- Faugan House, Faugan Lane, Newlyn, Penzance, Cornwall, TR18 5DJ£465,000 · 2007£605,000
- Fern Villa, 2, Highfields, Newlyn, Penzance, Cornwall, TR18 5BH£465,000 · 2022£466,000
- Fernleigh, Hawkins Road, Penzance, Penwith, Cornwall, TR18 4LT£125,000 · 1996£619,000
- Ferriby, Laregan Hill, Penzance, Cornwall, TR18 4NY£700,000 · 2015£825,000
- Field Of Birds, Gulval, Penzance, Cornwall, TR18 3BG£526,000 · 2015£697,000
- Fingle, Castle Road, Penzance, Penwith, Cornwall, TR18 2AX£250,000 · 2012£330,000
- Finings, 13, Landeryon Gardens, Penzance, Cornwall, TR18 4JN£495,000 · 2014£655,000
- Fircones, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£450,000 · 2017£615,000
- Firmont, Clements Road, Penzance, Penwith, Cornwall, TR18 4LJ£285,000 · 2005£427,000
- First Floor Apartment 2 Belmont Villas, Penlee View Terrace, Penzance, Penwith, Cornwall, TR18 4HY£103,000 · 2013£130,000
- Flat 1, 19, Chapel Street, Penzance, Cornwall, TR18 4AW£210,000 · 2014£225,000
- Flat 2, 9, Penare Terrace, Penzance, Cornwall, TR18 2DT£185,000 · 2025£185,000
- Folly House, Promenade, Penzance, Cornwall, TR18 4HH£240,000 · 2024£245,000
- Former Royal British Legion, Clifton Hill, Newlyn, Penzance, Cornwall, TR18 5HU£110,000 · 2024£125,000
- Foster Hall, 20, Flat 2, New Street, Penzance, Penwith, Cornwall, TR18 2NE£118,000 · 2007£128,000
- Foster Hall, 20, Flat 3, New Street, Penzance, Penwith, Cornwall, TR18 2NE£165,000 · 2004£176,000
- Foster Hall, 20, Flat 4, New Street, Penzance, Penwith, Cornwall, TR18 2NE£200,000 · 2023£179,000
- Foster Hall, 20, Flat 5, New Street, Penzance, Penwith, Cornwall, TR18 2NE£111,000 · 2006£126,000
- Foster Hall, 20, New Street, Penzance, Penwith, Cornwall, TR18 2NE£89,950 · 2003£145,000
- Foundry House, Orchard Place, Newlyn, Penzance, Cornwall, TR18 5BG£260,000 · 2018£345,000
- Foxy Locks, 5, The Arcade, Penzance, Cornwall, TR18 2EJ£100,000 · 2024£114,000
- Franwill Cottages, 1, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JX£167,500 · 2007£220,000
- Franwill Cottages, 2, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JX£115,600 · 2026£132,000
- Franwill Cottages, 3, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JX£158,000 · 2020£176,000
- Franwill Cottages, 4, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JX£180,000 · 2024£171,000
- Franwill Cottages, 5, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JX£131,000 · 2015£179,000
- Full Circle, 20A, Boscathnoe Way, Penzance, Cornwall, TR18 3JP£280,000 · 2012£431,000
- Garage 1, Penlee Manor Drive, Penzance, Cornwall, TR18 4HW£25,000 · 2018£36,000
- Garage 2, Penlee Manor Drive, Penzance, Cornwall, TR18 4HW£25,000 · 2018£36,000
- Garage 8, Polmennor Cottages, Heamoor, Penzance, Cornwall, TR18 3JE£7,000 · 2019—
- Garage And Store, 11, Marine Terrace, Penzance, Cornwall, TR18 4DL£95,000 · 2019£135,000
- Garage, Hea Road, Heamoor, Penzance, Cornwall, TR18 3HB£15,500 · 2022£17,000
- Garage On The East Side Of, Chyandaunce Close, Gulval, Penzance, Cornwall, TR18 3BP£10,000 · 2017£15,000
- Garbo House, Bread Street, Penzance, Cornwall, TR18 2EH£175,000 · 2016£187,000
- Garden Cottage, Castle Horneck, Penzance, Cornwall, TR18 4LP£580,000 · 2017£795,000
- Garden Flat, 4, Clarence Place, Penzance, Cornwall, TR18 2QA£240,000 · 2022£209,000
- Garswood, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LX£59,000 · 1998£285,000
- Geranium Cottage, Adit Lane, Newlyn, Penzance, Penwith, Cornwall, TR18 5DX£297,000 · 2007£386,000
- Gernick Field Cottage, Tredavoe Lane, Newlyn, Penzance, Cornwall, TR18 5DL£255,000 · 2016£361,000
- Gernick Field Studio, Tredavoe Lane, Newlyn, Penzance, Cornwall, TR18 5DL£600,000 · 2010£616,000
- Gernick Field, Tredavoe Lane, Newlyn, Penzance, Cornwall, TR18 5DL£430,000 · 2013£601,000
- Glen Afton, Alexandra Road, Penzance, Cornwall, TR18 4LZ£600,000 · 2024£602,000
- Glen Trewithen, Trewithen Road, Penzance, Cornwall, TR18 4LS£775,000 · 2021£894,000
- Glendurgan, Gwavas Road, Newlyn, Penzance, Cornwall, TR18 5LU£610,000 · 2022£700,000
- Golden Meadow, Gulval, Penzance, Penwith, Cornwall, TR18 3BD£480,000 · 2008£740,000
- Goonown, Alexandra Road, Penzance, Cornwall, TR18 4LZ£450,000 · 2022£432,000
- Graceland, Gulval, Penzance, Penwith, Cornwall, TR18 3BG£197,000 · 1999£896,000
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 →