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
- Regent Cottage, Regent Terrace, Penzance, Cornwall, TR18 4DN£425,000 · 2024£444,000
- Regent Cottage, The Annexe, Regent Terrace, Penzance, Cornwall, TR18 4DN£125,000 · 1998£507,000
- Regent Court, 1-2, Queen Street, Penzance, Cornwall, TR18 4DE£394,289 · 2019£550,000
- Regent Hotel, Chapel Street, Penzance, Cornwall, TR18 4AE£699,999 · 2004£983,000
- Regent Joinery Works, Voundervour Lane, Penzance, Cornwall, TR18 4BE£135,000 · 2017£205,000
- Regent Square Studio, Penzance, Cornwall, TR18 4FH£65,000 · 2018£92,000
- Rhoda Cottage, Taroveor Road, Penzance, Penwith, Cornwall, TR18 2DA£150,000 · 2008£208,000
- Richmond Chapel Studio, Tolver Place, Penzance, Cornwall, TR18 2AB£100,000 · 2020£140,000
- Richmond Coach House, York Street, Penzance, Penwith, Cornwall, TR18 2PW£29,000 · 1996£183,000
- Richmond Lodge, York Street, Penzance, Penwith, Cornwall, TR18 2PW£176,500 · 2020£224,000
- Richmond Villa, York Street, Penzance, Penwith, Cornwall, TR18 2PW£193,000 · 2007£250,000
- Ridge Vale, Green Lane Hill, Gulval, Penzance, Cornwall, TR18 3LZ£265,000 · 2017£354,000
- Ridgeo Mill, 5, Ridgeovean, Gulval, Penzance, Penwith, Cornwall, TR18 3BX£207,500 · 2012£299,000
- Ridgeo Mill, 6, Ridgeovean, Gulval, Penzance, Penwith, Cornwall, TR18 3BX£129,950 · 2001£366,000
- Ridgeo Mill, The Studio, Ridgeovean, Gulval, Penzance, Penwith, Cornwall, TR18 3BX£85,000 · 2005£93,000
- Ridgeovean Farm House, Ridgevale Close, Gulval, Penzance, Cornwall, TR18 3RB£200,000 · 2021£444,000
- Ridgeway, Boase Street, Newlyn, Penzance, Cornwall, TR18 5JE£225,000 · 2011£355,000
- Riviera Apartments, 52, Flat 2, Market Jew Street, Penzance, Cornwall, TR18 2HZ£117,000 · 2021£108,000
- Riviera Apartments, 52, Flat 3, Market Jew Street, Penzance, Cornwall, TR18 2HZ£130,000 · 2022£112,000
- Riviera Apartments, 52, Flat 4, Market Jew Street, Penzance, Cornwall, TR18 2HZ£117,000 · 2006£131,000
- Riviera Apartments, 52, Flat 5, Market Jew Street, Penzance, Cornwall, TR18 2HZ£91,000 · 2003£140,000
- Rock Cottage, The Carn, Newlyn, Penzance, Penwith, Cornwall, TR18 5QG£195,000 · 2003£324,000
- Rock Hall, Rock Terrace, Heamoor, Penzance, Cornwall, TR18 3JJ£422,500 · 2024£622,000
- Rockside, The Carn, Newlyn, Penzance, Penwith, Cornwall, TR18 5QG£193,000 · 2001£506,000
- Rose Cottage, Gwavas Road, Newlyn, Penzance, Penwith, Cornwall, TR18 5EG£275,000 · 2004£374,000
- Rose Cottage, 8, Leskinnick Place, Penzance, Cornwall, TR18 2EZ£169,000 · 2019£203,000
- Roseland 2000, Bon Cot Road, Newlyn, Penzance, Cornwall, TR18 5BY£500,000 · 2020£610,000
- Roselyn, The Bowjey Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5LN£201,000 · 2008£324,000
- Rosevean Bungalow, Hea Corner, Heamoor, Penzance, Cornwall, TR18 3HF£285,000 · 2026£300,000
- Rosevean Cottages, 2A, Rosevean Road, Penzance, Cornwall, TR18 2DZ£215,000 · 2024£198,000
- Rosmellyn, Alverton Terrace, Penzance, Cornwall, TR18 4JH£295,000 · 2022£327,000
- Royale Court, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£195,000 · 2005£181,000
- Royale Court, Flat 1, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£210,000 · 2022£207,000
- Royale Court, Flat 10, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£208,000 · 2020£210,000
- Royale Court, Flat 11, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£92,500 · 2001£179,000
- Royale Court, Flat 12, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£210,000 · 2021£185,000
- Royale Court, Flat 2, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£155,000 · 2014£159,000
- Royale Court, Flat 3, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£119,000 · 2016£136,000
- Royale Court, Flat 4, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£150,000 · 2017£180,000
- Royale Court, Flat 5, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£167,500 · 2015£160,000
- Royale Court, Flat 6, Chyandour Cliff, Penzance, Penwith, Cornwall, TR18 3LQ£165,000 · 2016£163,000
- Royale Court, Flat 7, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£190,000 · 2018£199,000
- Royale Court, Flat 8, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£230,000 · 2021£207,000
- Royale Court, Flat 9, Chyandour Cliff, Penzance, Cornwall, TR18 3LQ£120,000 · 2013£133,000
- Rubble Cottage, 2, Boase Street, Newlyn, Penzance, Cornwall, TR18 5JE£299,950 · 2015£351,000
- Rugen, Alexandra Road, Penzance, Cornwall, TR18 4LZ£249,950 · 2013£350,000
- Saffron Cottage, Church Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JY£52,500 · 1996£292,000
- Salamanda Quay, 18, Church Street, Newlyn, Penzance, Cornwall, TR18 5JY£137,500 · 2011£201,000
- Sallyport House, Church Street, Newlyn, Penzance, Cornwall, TR18 5JY£360,000 · 2025£335,000
- Samson, The Ropewalk, Penzance, Cornwall, TR18 4QH£70,000 · 2023£79,000
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 →