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
- The Limes, 3, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£55,000 · 1998£187,000
- The Limes, Flat 2, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£240,000 · 2022£213,000
- The Limes, Garden Flat, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£148,000 · 2009£168,000
- The Little House, Farmers Meadow, Newlyn, Penzance, Cornwall, TR18 5BP£115,000 · 2015£168,000
- The Malt House, 4, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5AJ£70,000 · 2002£153,000
- The Malt House, 8, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AJ£220,000 · 2019£237,000
- The Malt House, Balcony Flat, Malt House Gardens, Newlyn, Penzance, Penwith, Cornwall, TR18 5EX£114,000 · 2006£130,000
- The Malt House, Flat 4, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AJ£141,000 · 2021£163,000
- The Malt House, Flat 5, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5AJ£20,000 · 1995£106,000
- The Malt House, Flat 8, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AJ£335,000 · 2025£304,000
- The Malt House, Studio Flat 7, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5AJ£115,000 · 2006£132,000
- The Mission, Flat 1, Promenade, Penzance, Penwith, Cornwall, TR18 4HH£140,000 · 2006£187,000
- The Mission, Flat 2, Promenade, Penzance, Penwith, Cornwall, TR18 4HH£110,500 · 2003£195,000
- The Mission, Flat 3, Promenade, Penzance, Penwith, Cornwall, TR18 4HH£102,000 · 2003£145,000
- The Mission, Flat 4, Promenade, Penzance, Penwith, Cornwall, TR18 4HH£76,500 · 2003£113,000
- The Mission, Flat 5, Promenade, Penzance, Penwith, Cornwall, TR18 4HH£68,000 · 2003£101,000
- The Moorings, The Fradgan, Newlyn, Penzance, Penwith, Cornwall, TR18 5BE£185,000 · 2019£231,000
- The Nook, Chyandour Square, Penzance, Cornwall, TR18 3LW£215,000 · 2015£309,000
- The Old Bakehouse, High Street, Penzance, Cornwall, TR18 2FD£95,000 · 2009£111,000
- The Old Bakehouse, High Street, Penzance, Cornwall, TR18 2SX£125,000 · 2009£149,000
- The Old Barracks House, Chyandour Cliff, Penzance, Cornwall, TR18 3LH£745,000 · 2024£691,000
- The Old Board School, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5AW£92,000 · 1996£486,000
- The Old Chapel, 2, Mount Street, Penzance, Cornwall, TR18 2EU£188,000 · 2017£201,000
- The Old Chapel, 3, Mount Street, Penzance, Cornwall, TR18 2EU£173,000 · 2006£174,000
- The Old Chapel, 4, Mount Street, Penzance, Cornwall, TR18 2EU£197,500 · 2016£207,000
- The Old Chapel, Flat 1, Mount Street, Penzance, Penwith, Cornwall, TR18 2EU£188,500 · 2007£175,000
- The Old Club, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LX£485,000 · 2020£619,000
- The Old Coach House, Penare Terrace, Penzance, Cornwall, TR18 2DS£183,500 · 2010£273,000
- The Old Coach House, School Lane, Gulval, Penzance, Cornwall, TR18 3BJ£357,500 · 2020£449,000
- The Old Coach House, South Place Folly, Penzance, Cornwall, TR18 4JB£285,000 · 2023£283,000
- The Old Coach House, Trythogga, Gulval, Penzance, Cornwall, TR18 3LY£395,000 · 2016£448,000
- The Old Custom House, 53, Chapel Street, Penzance, Cornwall, TR18 4AF£390,000 · 2004£538,000
- The Old Mill, Treneere Lane, Heamoor, Penzance, Cornwall, TR18 3HT£570,000 · 2022£587,000
- The Old Mill, Treneere, Penzance, Penwith, Cornwall, TR18 3HT£360,000 · 2008£603,000
- The Old Pilchard Museum, Flat 3, The Coombe, Newlyn, Penzance, Penwith, Cornwall, TR18 5QH£135,000 · 2006£131,000
- The Old Pilchard Museum, Flat 4, The Coombe, Newlyn, Penzance, Penwith, Cornwall, TR18 5QH£145,000 · 2006£137,000
- The Old Pilchard Works, 1, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£195,000 · 2015£228,000
- The Old Pilchard Works, 5, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£223,000 · 2022£222,000
- The Old Pumphouse, Chywoone Grove, Newlyn, Penzance, Cornwall, TR18 5NU£135,100 · 2017£189,000
- The Old Telephone Exchange 43-44, Flat 1, New Street, Penzance, Penwith, Cornwall, TR18 2LZ£160,000 · 2003£222,000
- The Old Telephone Exchange 43-44, Flat 3, New Street, Penzance, Cornwall, TR18 2LZ£430,000 · 2009£412,000
- The Old Vicarage, Trewartha Terrace, Penzance, Cornwall, TR18 2HE£550,000 · 2015£654,000
- The Old Workshop, Trevarrack Noweth, Gulval, Penzance, Cornwall, TR18 3DE£55,000 · 1998£245,000
- The Orchard, Hea Corner, Heamoor, Penzance, Penwith, Cornwall, TR18 3HF£140,000 · 2003£283,000
- The Penzance Auction House, Lansdowne Place, Penzance, Cornwall, TR18 4RE£500,000 · 2019£720,000
- The Penznce Christadelphian Hall, Windsor Terrace, Penzance, Cornwall, TR18 2PX£100,000 · 2020£135,000
- The Pilchard Shed, The Strand, Newlyn, Penzance, Cornwall, TR18 5HW£170,000 · 2018£226,000
- The Pilchard Works, 2, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£230,000 · 2007£187,000
- The Pilchard Works, 6, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£195,000 · 2025£194,000
- The Pilchard Works, 7, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£167,000 · 2024£156,000
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 →