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
- High Mountains, 2, Boase Street, Newlyn, Penzance, Cornwall, TR18 5EF£400,000 · 2022£397,000
- High Point, Gurnick Estate, Newlyn, Penzance, Cornwall, TR18 5DU£610,000 · 2025£620,000
- Highcrest Cottage, Bon Cot Road, Newlyn, Penzance, Cornwall, TR18 5BY£225,000 · 2017£317,000
- Higher Belmont, Bon Cot Road, Newlyn, Penzance, Cornwall, TR18 5BY£450,000 · 2010£476,000
- Higher Churchtown Barn, Gulval, Penzance, Cornwall, TR18 3BB£30,000 · 1996£193,000
- Hill Cottage, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£450,000 · 2020£525,000
- Hillside, Gulval Cross, Gulval, Penzance, Cornwall, TR18 3BN£200,000 · 2025£203,000
- Hillside House, Boase Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JE£164,000 · 2003£289,000
- Hilltop, Tredavoe Lane, Newlyn, Penzance, Cornwall, TR18 5DL£512,000 · 2018£668,000
- Holbein House, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£649,400 · 2021£726,000
- Incledon Villa, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£188,000 · 2001£513,000
- Ingham, Tredavoe Lane, Newlyn, Penzance, Cornwall, TR18 5DN£381,000 · 2024£278,000
- Inish Rath, Alverton Road, Penzance, Cornwall, TR18 4TQ£234,000 · 2002£568,000
- Inishclare, Hawkins Road, Penzance, Penwith, Cornwall, TR18 4LT£250,000 · 2002£601,000
- Jackson House, 1, Alverton Street, Penzance, Cornwall, TR18 4ET£200,000 · 2008£281,000
- Jamaica Villa, Jamaica Terrace, Heamoor, Penzance, Cornwall, TR18 3HQ£122,500 · 2009£178,000
- Jasmine Cottage, 9, Farmers Meadow, Newlyn, Penzance, Penwith, Cornwall, TR18 5BP£145,000 · 2007£201,000
- Jubilee Cottage, Redinnick Terrace, Penzance, Cornwall, TR18 4HR£270,000 · 2024£278,000
- Karrji, Pendrea Road, Gulval, Penzance, Cornwall, TR18 3ND£190,000 · 2025£192,000
- Keane Manor, The Carn, Newlyn, Penzance, Penwith, Cornwall, TR18 5QG£130,000 · 2001£471,000
- Keigwin Hotel, Alexandra Road, Penzance, Cornwall, TR18 4LZ£349,300 · 2005£460,000
- Kelynack Cottage, 6, Trewarveneth Street, Newlyn, Penzance, Cornwall, TR18 5JQ£239,950 · 2014£308,000
- Kenilworth, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5HQ£207,500 · 2014£333,000
- Kensa, 15, Clements Road, Penzance, Cornwall, TR18 4LL£425,000 · 2020£528,000
- Kernyk, Hawkins Road, Penzance, Penwith, Cornwall, TR18 4LT£193,000 · 2002£451,000
- Kimberley House, Flat 1, Morrab Road, Penzance, Cornwall, TR18 4EZ£87,500 · 2009£104,000
- Kimberley House, Flat 3, Morrab Road, Penzance, Cornwall, TR18 4EZ£81,000 · 2009£99,000
- Kimberley House, Flat 4, Morrab Road, Penzance, Cornwall, TR18 4EZ£81,000 · 2009£99,000
- Kimberley House, Flat 5, Morrab Road, Penzance, Cornwall, TR18 4EZ£81,000 · 2009£99,000
- Kimberley House, Flat 6, Morrab Road, Penzance, Cornwall, TR18 4EZ£81,000 · 2009£99,000
- Kimberley House, Flat 7, Morrab Road, Penzance, Cornwall, TR18 4EZ£81,000 · 2009£99,000
- Kinnaird Hall, Chapel Street, Penzance, Cornwall, TR18 4AW£100,000 · 2020£126,000
- Kittiwake, 1, Harbour View Terrace, Newlyn, Penzance, Cornwall, TR18 5EE£302,500 · 2025£320,000
- Kitts Court, 3, Chapel Street, Penzance, Penwith, Cornwall, TR18 4AG£50,000 · 1998£262,000
- Knapp, Tredavoe Lane, Newlyn, Penzance, Penwith, Cornwall, TR18 5DL£105,000 · 2001£319,000
- Knights Court, Causewayhead, Penzance, Penwith, Cornwall, TR18 2SP£471,725 · 2007£576,000
- Knights Court, 70, Causewayhead, Penzance, Cornwall, TR18 2SR£130,000 · 2007£124,000
- Kwik-Fit, Eastern Green, Penzance, Cornwall, TR18 3AS£425,000 · 2013£618,000
- La Grange, Trythogga, Gulval, Penzance, Cornwall, TR18 3LX£245,000 · 2018£334,000
- La Pietra, Faugan Lane, Newlyn, Penzance, Cornwall, TR18 5DJ£480,000 · 2019£605,000
- Lafrowda, The Carn, Newlyn, Penzance, Cornwall, TR18 5QG£223,000 · 2013£353,000
- Land Lying On The North West Side Of, Cliff Road, Penzance, Penwith, Cornwall, TR18 4LZ£154,000 · 1997£688,000
- Landicla, Gulval, Penzance, Penwith, Cornwall, TR18 3BG£150,000 · 1997£602,000
- Lanherne, Lescudjack Terrace, Penzance, Cornwall, TR18 3AE£295,000 · 2015£375,000
- Lansdowne Bungalow, Alverton, Penzance, Cornwall, TR18 4RD£299,950 · 2016£437,000
- Lansdowne Cottage, Alverton, Penzance, Cornwall, TR18 4RD£240,000 · 2016£411,000
- Lansdowne House, Flat 4, Alverton, Penzance, Penwith, Cornwall, TR18 4RD£120,000 · 2007£135,000
- Laregan House, Flat 2, Laregan Hill, Penzance, Cornwall, TR18 4QE£90,000 · 1999£267,000
- Laregan House, Flat 3, Laregan Hill, Penzance, Cornwall, TR18 4QE£180,000 · 2018£212,000
- Laregan House, Flat 4, Laregan Hill, Penzance, Cornwall, TR18 4QE£352,000 · 2026£372,000
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 →