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
- Mount's Bay Lodge, 44, New Town Lane, Penzance, Cornwall, TR18 2FJ£236,950 · 2018£242,000
- Mount's Bay Lodge, 45, New Town Lane, Penzance, Cornwall, TR18 2FJ£371,950 · 2020£351,000
- Mount's Bay Lodge, 46, New Town Lane, Penzance, Cornwall, TR18 2FJ£237,950 · 2017£247,000
- Mount's Bay Lodge, 47, New Town Lane, Penzance, Cornwall, TR18 2FJ£391,950 · 2019£391,000
- Mount's Bay Lodge, 48, New Town Lane, Penzance, Cornwall, TR18 2FJ£391,950 · 2018£385,000
- Mount's Bay Lodge, 49, New Town Lane, Penzance, Cornwall, TR18 2FJ£295,000 · 2025£283,000
- Mount's Bay Lodge, 5, New Town Lane, Penzance, Cornwall, TR18 2FJ£359,950 · 2022£310,000
- Mount's Bay Lodge, 50, New Town Lane, Penzance, Cornwall, TR18 2FJ£432,950 · 2017£431,000
- Mount's Bay Lodge, 51, New Town Lane, Penzance, Cornwall, TR18 2FJ£486,000 · 2023£435,000
- Mount's Bay Lodge, 6, New Town Lane, Penzance, Cornwall, TR18 2FJ£401,950 · 2019£410,000
- Mount's Bay Lodge, 7, New Town Lane, Penzance, Cornwall, TR18 2FJ£265,000 · 2026£268,000
- Mount's Bay Lodge, 8, New Town Lane, Penzance, Cornwall, TR18 2FJ£365,000 · 2021£335,000
- Mount's Bay Lodge, 9, New Town Lane, Penzance, Cornwall, TR18 2FJ£299,950 · 2018£285,000
- Mount's Bay Retail Centre, Unit 2, Wharf Road, Penzance, Cornwall, TR18 4FG£185,000 · 2017£271,000
- Mounts Bay Lodge, Unit 1, Wharf Road, Penzance, Cornwall, TR18 2JY£147,500 · 2018£214,000
- Mounts View, 1, Trythogga, Gulval, Penzance, Cornwall, TR18 3LX£450,000 · 2025£517,000
- Mounts View, 2, Trythogga, Gulval, Penzance, Cornwall, TR18 3LX£425,000 · 2025£504,000
- Myrtle Cottage, St Peters Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5EQ£760,000 · 2026£779,000
- Nampara, Chapel Road, Heamoor, Penzance, Cornwall, TR18 3JL£280,000 · 2019£366,000
- Nancothan House, Alexandra Road, Penzance, Cornwall, TR18 4LX£266,000 · 2018£342,000
- Navy Inn, Queen Street, Penzance, Cornwall, TR18 4DE£300,000 · 2026£399,000
- Nevada Villa, Hea Road, Heamoor, Penzance, Cornwall, TR18 3HB£525,000 · 2025£547,000
- Newlyn Cottage, The Coombe, Newlyn, Penzance, Penwith, Cornwall, TR18 5HS£88,000 · 1999£321,000
- Newlyn Trinity Methodist Church, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AR£142,000 · 2022£150,000
- Normanhurst, 27, Penare Road, Penzance, Cornwall, TR18 3AJ£210,000 · 2010£335,000
- Norwood, Bay View Villas, Penzance, Cornwall, TR18 4HU£640,000 · 2026£682,000
- Oakburn Villa, Flat 1, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£92,500 · 2003£131,000
- Oakburn Villa, Flat 2, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£140,000 · 2021£131,000
- Oakburn Villa, Flat 3, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£165,000 · 2026£157,000
- Oakburn Villa, Flat 4, Trewithen Road, Penzance, Cornwall, TR18 4LS£124,950 · 2017£137,000
- Oakburn Villa, Flat 5, Trewithen Road, Penzance, Penwith, Cornwall, TR18 4LS£85,500 · 2003£131,000
- Oakland Mews, 1, St Michaels Street, Penzance, Cornwall, TR18 2FF£280,000 · 2025£294,000
- Oakland Mews, 10, St Michaels Street, Penzance, Cornwall, TR18 2FF£195,000 · 2009£184,000
- Oakland Mews, 3, St Michaels Street, Penzance, Penwith, Cornwall, TR18 2FF£295,000 · 2008£236,000
- Oakland Mews, 4, St Michaels Street, Penzance, Cornwall, TR18 2FF£151,000 · 2011£168,000
- Oakland Mews, 5, St Michaels Street, Penzance, Cornwall, TR18 2FF£190,000 · 2017£212,000
- Oakland Mews, 7, St Michaels Street, Penzance, Cornwall, TR18 2FF£199,950 · 2009£189,000
- Oakland Mews, 8, St Michaels Street, Penzance, Cornwall, TR18 2FF£199,950 · 2010£188,000
- Oakland Mews, 9, St Michaels Street, Penzance, Cornwall, TR18 2FF£236,500 · 2024£219,000
- Ocean Blue Apartments, 1, Jennings Street, Penzance, Cornwall, TR18 2GZ£110,000 · 2026£140,000
- Ocean Blue Apartments, 10, Jennings Street, Penzance, Cornwall, TR18 2GZ£134,450 · 2023£119,000
- Ocean Blue Apartments, 12, Jennings Street, Penzance, Cornwall, TR18 2GZ£185,000 · 2018£194,000
- Ocean Blue Apartments, 14, Jennings Street, Penzance, Cornwall, TR18 2GZ£225,000 · 2018£238,000
- Ocean Blue Apartments, 16, Jennings Street, Penzance, Cornwall, TR18 2GZ£110,000 · 2015£133,000
- Ocean Blue Apartments, 17, Jennings Street, Penzance, Cornwall, TR18 2GZ£92,500 · 2020£91,000
- Ocean Blue Apartments, 18, Jennings Street, Penzance, Cornwall, TR18 2GZ£221,000 · 2016£214,000
- Ocean Blue Apartments, 19, Jennings Street, Penzance, Cornwall, TR18 2GZ£197,000 · 2014£184,000
- Ocean Blue Apartments, 20, Jennings Street, Penzance, Cornwall, TR18 2GZ£490,000 · 2019£510,000
- Ocean Blue Apartments, 21, Jennings Street, Penzance, Cornwall, TR18 2GZ£190,000 · 2018£201,000
- Ocean Blue Apartments, 24, Jennings Street, Penzance, Cornwall, TR18 2GZ£235,000 · 2018£248,000
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 →