House prices in TR18
Median value — July 2026
£255,000
Modelled from 6,291 properties Stede tracks in TR18
Market snapshot
£255,000
Median value
£291,924
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 | £71,785 |
| 2001 | £85,207 |
| 2002 | £116,381 |
| 2003 | £137,817 |
| 2004 | £163,952 |
| 2005 | £167,117 |
| 2006 | £180,044 |
| 2007 | £192,065 |
| 2008 | £166,885 |
| 2009 | £169,669 |
| 2010 | £176,531 |
| 2011 | £169,797 |
| 2012 | £167,568 |
| 2013 | £172,410 |
| 2014 | £180,423 |
| 2015 | £190,215 |
| 2016 | £189,861 |
| 2017 | £200,281 |
| 2018 | £206,906 |
| 2019 | £210,701 |
| 2020 | £232,259 |
| 2021 | £250,101 |
| 2022 | £280,115 |
| 2023 | £265,278 |
| 2024 | £263,111 |
| 2025 | £256,353 |
| 2026 | £255,000 |
Property types
- Mid-terrace house48%£240,000
- Detached house17%£404,000
- Flat / Maisonette16%£159,000
- Semi-detached house15%£287,000
- Property4%£193,000
Recent sales
- Pendower House, Fradgan Place, Newlyn, Penzance, Cornwall, TR18 5BD£400,000 · 2026£400,000
- 4 Gwavas Quay, Newlyn, Penzance, Cornwall, TR18 5BB£345,000 · 2026£311,000
- Mount's Bay Lodge, 16, New Town Lane, Penzance, Cornwall, TR18 2FJ£161,000 · 2026£183,000
- 2 Lescudjack Road, Penzance, Penwith, Cornwall, TR18 3AD£315,000 · 2026£313,000
- 9 Redinnick Place, Penzance, Cornwall, TR18 4HP£255,000 · 2026£240,000
- 3 St Marys Place, Penzance, Penwith, Cornwall, TR18 4EE£725,000 · 2026£696,000
- 29 Trerew Road, Penzance, Cornwall, TR18 4RX£166,000 · 2026£165,000
- Hea Mews, 2, Hea Corner, Heamoor, Penzance, Cornwall, TR18 3HF£355,000 · 2026£360,000
Addresses in TR18
- Valdemosa, Old Paul Hill, Newlyn, Penzance, Cornwall, TR18 5BX£295,000 · 2024£311,000
- Vellanhoggan Cottage, Vellanhoggan, Gulval, Penzance, Cornwall, TR18 3DN£300,000 · 2026£298,000
- Venton Vean, Trewithen Road, Penzance, Cornwall, TR18 4LS£465,000 · 2010£693,000
- Vine Cottages, 2, Boase Street, Newlyn, Penzance, Cornwall, TR18 5JF£285,000 · 2018£329,000
- Violin Workshop, Bread Street, Penzance, Cornwall, TR18 2EH£125,000 · 2015£170,000
- Vista Del Mar, The Bowjey Hill, Newlyn, Penzance, Cornwall, TR18 5LS£175,000 · 2018£224,000
- Vorladron Apartments, 2, Bread Street, Penzance, Cornwall, TR18 2EG£155,000 · 2018£200,000
- Voundervour House, Voundervour Lane, Penzance, Penwith, Cornwall, TR18 4BE£240,000 · 2005£381,000
- Warehouse Rear Of The Post Office, Jack Lane, Newlyn, Penzance, Cornwall, TR18 5HZ£175,000 · 2026£159,000
- Warwick House, 16A, Morrab Place, Penzance, Cornwall, TR18 4DG£295,000 · 2008£406,000
- Water Pumping Station, Greenbank, Penzance, Cornwall, TR18 4ST£25,000 · 2025£26,000
- Watts Farm, Garden House, Alexandra Place, Penzance, Cornwall, TR18 4NE£550,000 · 2015£744,000
- Watts Farm House, Alexandra Place, Penzance, Cornwall, TR18 4NE£420,000 · 2018£526,000
- Watts Farm, The Studio, Alexandra Place, Penzance, Cornwall, TR18 4NE£600,000 · 2022£560,000
- Weighbridge, 1, Fore Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5LG£250,000 · 2005£393,000
- Weighbridge, 2, Fore Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5LG£97,950 · 2000£384,000
- Wesley Cottage, 10, Bolitho Road, Heamoor, Penzance, Penwith, Cornwall, TR18 3EH£34,000 · 1995£214,000
- Wesley Villa, Chyandaunce, Gulval, Penzance, Cornwall, TR18 3DA£315,000 · 2022£301,000
- West Breeze, Redinnick Terrace, Penzance, Cornwall, TR18 4HR£165,000 · 2022£152,000
- West Lodge, Alverton Road, Penzance, Penwith, Cornwall, TR18 4TL£950,000 · 2024£962,000
- West Lodge, Clarence Street, Penzance, Penwith, Cornwall, TR18 2PA£87,000 · 2000£316,000
- West Park, Gulval, Penzance, Penwith, Cornwall, TR18 3BB£225,000 · 2019£288,000
- Westbourne, Alexandra Road, Penzance, Penwith, Cornwall, TR18 4LZ£105,000 · 1997£590,000
- Westcliffe, Alverton Road, Penzance, Cornwall, TR18 4TQ£800,000 · 2023£767,000
- Westholme, Belle Vue, Newlyn, Penzance, Cornwall, TR18 5ED£550,000 · 2022£495,000
- Westholme, Clements Road, Penzance, Cornwall, TR18 4LJ£530,000 · 2024£521,000
- Wharf House, Lamorna Birch, Wharf Road, Penzance, Cornwall, TR18 2JY£185,000 · 2022£162,000
- Wharf House, The Crows Nest, Wharf Road, Penzance, Cornwall, TR18 2JY£150,000 · 2019£164,000
- Wharf House, The Sail Lot, Wharf Road, Penzance, Cornwall, TR18 2JY£157,000 · 2019£194,000
- Wharf House, Wheelhouse, Wharf Road, Penzance, Cornwall, TR18 2JY£182,500 · 2018£200,000
- Wheal Betsy, Chywoone Hill, Newlyn, Penzance, Penwith, Cornwall, TR18 5AP£155,000 · 1996£853,000
- Wherry Flats, 2, Alexandra Road, Penzance, Cornwall, TR18 4LY£185,000 · 2025£177,000
- Whispering Pines, 2, Hea Corner, Heamoor, Penzance, Cornwall, TR18 3HF£85,000 · 2024£84,000
- Whispering Pines, Hea Corner, Heamoor, Penzance, Cornwall, TR18 3HF£225,000 · 2016£317,000
- White Cottage, Josephs Lane, Penzance, Cornwall, TR18 3JN£365,000 · 2018£451,000
- White Dove Studio, Bread Street, Penzance, Cornwall, TR18 2EQ£158,000 · 2024£152,000
- Whiteways Guest House, 1, East Terrace, Penzance, Cornwall, TR18 2TD£228,000 · 2018£285,000
- Willowbank, Castle Horneck Road, Penzance, Cornwall, TR18 4TY£296,000 · 2014£444,000
- Windsong, Trewithen Road, Penzance, Cornwall, TR18 4LS£440,000 · 2019£545,000
- Winslow Cottage, 31, St Peters Hill, Newlyn, Penzance, Cornwall, TR18 5EH£175,000 · 2020£199,000
- Wood Carvers Cottage, Lescudjack Road, Penzance, Penwith, Cornwall, TR18 3AD£167,500 · 2008£224,000
- Wooden Bungalow, Fore Street, Newlyn, Penzance, Cornwall, TR18 5JT£388,000 · 2014£580,000
- Yacht Inn, Green Street, Penzance, Cornwall, TR18 4AU£45,000 · 2022£44,000
- York House, 10, Centenary Way, Penzance, Cornwall, TR18 2FY£265,500 · 2025£260,000
- York House, 11, Centenary Way, Penzance, Cornwall, TR18 2FY£295,000 · 2024£270,000
- York House, 3, Centenary Way, Penzance, Cornwall, TR18 2FY£300,000 · 2025£293,000
- York House, 5, Centenary Way, Penzance, Cornwall, TR18 2FY£350,000 · 2024£321,000
- York House, 9, Centenary Way, Penzance, Cornwall, TR18 2FY£280,000 · 2024£277,000
- Zimmermans Cottage, Mount Prospect Terrace, Newlyn, Penzance, Penwith, Cornwall, TR18 5QF£320,000 · 1998£1,462,000
About this area
TR18 is a UK postcode district. Stede can model 6,291 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 £255,000 and an average of £291,924.
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 £291,924 and the median is £255,000 across 6,291 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 6,291 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 →