House prices in TR18
Median value — July 2026
£256,000
Modelled from 6,294 properties Stede tracks in TR18
Market snapshot
£256,000
Median value
£295,618
Average value
206
Sales in the last 12 months
-1%
Change over the past year
Value over time
- Modelled value
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 | £72,067 |
| 2001 | £85,541 |
| 2002 | £116,837 |
| 2003 | £138,358 |
| 2004 | £164,595 |
| 2005 | £167,773 |
| 2006 | £180,750 |
| 2007 | £192,818 |
| 2008 | £167,540 |
| 2009 | £170,334 |
| 2010 | £177,224 |
| 2011 | £170,462 |
| 2012 | £168,225 |
| 2013 | £173,086 |
| 2014 | £181,131 |
| 2015 | £190,961 |
| 2016 | £190,606 |
| 2017 | £201,066 |
| 2018 | £207,717 |
| 2019 | £211,528 |
| 2020 | £233,170 |
| 2021 | £251,082 |
| 2022 | £281,214 |
| 2023 | £266,318 |
| 2024 | £264,143 |
| 2025 | £257,358 |
| 2026 | £256,000 |
Property types
- Mid-terrace house48%£237,000
- Detached house17%£416,500
- Flat / Maisonette16%£153,000
- Semi-detached house15%£289,000
- Property4%£242,000
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£332,000
- 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 Pines, Tredarvah Drive, Penzance, Penwith, Cornwall, TR18 4SU£325,000 · 2002£620,000
- The Potting Shed, New Street, Penzance, Penwith, Cornwall, TR18 2NE£299,900 · 2003£338,000
- The Regent, Chapel Street, Penzance, Cornwall, TR18 4AE£275,000 · 2016£378,000
- The Regent, Flat 4, Chapel Street, Penzance, Cornwall, TR18 4AE£135,000 · 2025£136,000
- The Regent, Flat 6, Chapel Street, Penzance, Cornwall, TR18 4AE£144,950 · 2019£151,000
- The Regent, Flat 7, Chapel Street, Penzance, Cornwall, TR18 4AE£99,500 · 2019£108,000
- The Regent, Flat 9, Chapel Street, Penzance, Cornwall, TR18 4AE£220,000 · 2023£197,000
- The Retreat, 14A, Laregan Hill, Penzance, Cornwall, TR18 4NY£699,999 · 2018£1,021,000
- The Rosary, Polmennor Road, Heamoor, Penzance, Cornwall, TR18 3JG£285,000 · 2011£374,000
- The Sail Loft, 32, Boase Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5JE£122,500 · 2008£135,000
- The Shekinah Centre, Taroveor Road, Penzance, Cornwall, TR18 2AA£250,000 · 2024£283,000
- The Store House, Bread Street, Penzance, Penwith, Cornwall, TR18 2EQ£72,500 · 1999£485,000
- The Studio, Bellevue Terrace, Penzance, Cornwall, TR18 2BZ£140,000 · 2020£195,000
- The Studio, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AP£455,000 · 2017£667,000
- The Studio, North Corner, Newlyn, Penzance, Penwith, Cornwall, TR18 5JG£175,000 · 2006£235,000
- The Studio, 30, 1, Bread Street, Penzance, Penwith, Cornwall, TR18 2EH£159,500 · 2022£140,000
- The Studio, 30, 2, Bread Street, Penzance, Penwith, Cornwall, TR18 2EH£119,000 · 2014£183,000
- The Studio, 30, 3, Bread Street, Penzance, Penwith, Cornwall, TR18 2EH£62,000 · 2001£197,000
- The Summerhouse, Cornwall Terrace, Penzance, Cornwall, TR18 4HL£720,000 · 2019£935,000
- The Sycamores, Polmennor Road, Heamoor, Penzance, Cornwall, TR18 3JF£495,000 · 2024£512,000
- The Vicarage, The Coombe, Newlyn, Penzance, Cornwall, TR18 5HT£371,000 · 2016£600,000
- The Warehouse, Flat 1, Bread Street, Penzance, Cornwall, TR18 2EG£210,000 · 2018£296,000
- The Warehouse Studio Apartments, 4, Leskinnick Place, Penzance, Cornwall, TR18 2EZ£160,000 · 2023£144,000
- The Weeths, Alverton Place, Penzance, Penwith, Cornwall, TR18 4JJ£290,000 · 2000£918,000
- The Wharf House, Laura Knight, Wharf Road, Penzance, Cornwall, TR18 2JY£120,000 · 2021£113,000
- The Wharf House, The Wheel House, Wharf Road, Penzance, Cornwall, TR18 2JY£216,500 · 2024£202,000
- The Whispers, Tredarvah Drive, Penzance, Cornwall, TR18 4SU£475,000 · 2019£617,000
- The Willows, Treneere Lane, Heamoor, Penzance, Penwith, Cornwall, TR18 3HS£130,000 · 2000£405,000
- The Works, South Parade Mews, Penzance, Cornwall, TR18 4EJ£320,000 · 2024£277,000
- The Writs, 24, Rosevean Road, Penzance, Penwith, Cornwall, TR18 2DU£76,000 · 1999£319,000
- Three Garages, Trythogga Road, Gulval, Penzance, Cornwall, TR18 3NA£72,500 · 2023£80,000
- Tolcarne Farm Cottage, 3, Tolcarne, Newlyn, Penzance, Cornwall, TR18 5QH£225,000 · 2023£236,000
- Tolcarne Stores, 1, Creeping Lane, Newlyn, Penzance, Cornwall, TR18 5DB£390,000 · 2016£427,000
- Tolcarne Stores, 2, Creeping Lane, Newlyn, Penzance, Cornwall, TR18 5DB£425,000 · 2023£421,000
- Tolcarne Stores, 3, Creeping Lane, Newlyn, Penzance, Cornwall, TR18 5DB£420,000 · 2021£466,000
- Tolver Hall, Taroveor Road, Penzance, Penwith, Cornwall, TR18 2BH£25,000 · 1995£168,000
- Tonkins Cottage, Fore Street, Newlyn, Penzance, Cornwall, TR18 5JR£220,000 · 2021£255,000
- Trafalgar Court, 1, East Terrace, Penzance, Cornwall, TR18 2TB£150,000 · 2025£145,000
- Trafalgar Court, 10, East Terrace, Penzance, Cornwall, TR18 2TB£132,500 · 2021£124,000
- Trafalgar Court, 11, East Terrace, Penzance, Penwith, Cornwall, TR18 2TB£140,000 · 2017£150,000
- Trafalgar Court, 12, East Terrace, Penzance, Cornwall, TR18 2TB£135,000 · 2014£159,000
- Trafalgar Court, 14, East Terrace, Penzance, Penwith, Cornwall, TR18 2TB£105,000 · 2016£120,000
- Trafalgar Court, 15, East Terrace, Penzance, Cornwall, TR18 2TB£155,000 · 2024£141,000
- Trafalgar Court, 16, East Terrace, Penzance, Penwith, Cornwall, TR18 2TB£145,000 · 2022£133,000
- Trafalgar Court, 17, East Terrace, Penzance, Cornwall, TR18 2TB£112,000 · 2017£123,000
- Trafalgar Court, 18, East Terrace, Penzance, Cornwall, TR18 2TB£130,000 · 2021£120,000
- Trafalgar Court, 19, East Terrace, Penzance, Cornwall, TR18 2TB£220,000 · 2019£223,000
- Trafalgar Court, 2, East Terrace, Penzance, Penwith, Cornwall, TR18 2TB£105,000 · 2021£101,000
- Trafalgar Court, 20, East Terrace, Penzance, Cornwall, TR18 2TB£150,000 · 2010£144,000
- Trafalgar Court, 21, East Terrace, Penzance, Cornwall, TR18 2TB£95,000 · 2025£105,000
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 July 2026, TR18 has a median estimated value of £256,000 and an average of £295,618.
Modelled values in TR18 are -1% over the past year and +8% 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 July 2026, the average estimated value is £295,618 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 +8% 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 →