House prices in TR18
Median value — November 2026
£256,000
Modelled from 6,077 properties Stede tracks in TR18
Market snapshot
£256,000
Median value
£288,432
Average value
199
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 house49%£237,000
- Detached house17%£414,000
- Flat / Maisonette17%£153,000
- Semi-detached house16%£287,000
- Property1%£261,000
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
- 2 Coombe Road, Penzance, Penwith, Cornwall, TR18 3NR£250,000 · 2023£263,000
- 2 Coombe Vale, Newlyn, Penzance, Penwith, Cornwall, TR18 5QU£53,000 · 1997£288,000
- 2 Cornwall Terrace, Penzance, Cornwall, TR18 4HN£335,000 · 2017£469,000
- 2 Coulsons Terrace, Penzance, Penwith, Cornwall, TR18 4DX£94,500 · 1999£390,000
- 2 Creeping Lane, Newlyn, Penzance, Cornwall, TR18 5DF£280,000 · 2013£391,000
- 2 Creeping Lane, Penzance, Cornwall, TR18 4PB£420,000 · 2014£579,000
- 2 Cross Street, Penzance, Penwith, Cornwall, TR18 2EY£125,000 · 2020£153,000
- 2 Custom House Lane, Penzance, Penwith, Cornwall, TR18 2NN£270,000 · 2026£273,000
- 2 Daniel Place, Penzance, Penwith, Cornwall, TR18 4DU£110,500 · 2003£235,000
- 2 Donnington Road, Penzance, Penwith, Cornwall, TR18 4PH£460,000 · 2007£584,000
- 2 Ebenezer Place, Newlyn, Penzance, Cornwall, TR18 5ER£156,000 · 2026£168,000
- 2 Eden Gardens, Newlyn, Penzance, Cornwall, TR18 5EP£190,000 · 2017£242,000
- 2 Eden Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5ET£135,000 · 2006£168,000
- 2 Eden Terrace, Newlyn, Penzance, Cornwall, TR18 5ES£110,000 · 2019£134,000
- 2 Empress Avenue, Penzance, Cornwall, TR18 2UQ£305,000 · 2018£549,000
- 2 Faugan Road, Newlyn, Penzance, Penwith, Cornwall, TR18 5DH£55,500 · 1998£276,000
- 2 Flat 1, Belmont Villas, Penzance, Cornwall, TR18 4HY£119,950 · 2016£141,000
- 2 Flat 4, Belmont Villas, Penzance, Penwith, Cornwall, TR18 4HY£124,000 · 2005£139,000
- 2 Florence Place, Newlyn, Penzance, Cornwall, TR18 5PT£235,000 · 2023£338,000
- 2 Forbes Close, Newlyn, Penzance, Penwith, Cornwall, TR18 5EU£170,000 · 2018£228,000
- 2 Forbes Road, Newlyn, Penzance, Cornwall, TR18 5DQ£300,000 · 2025£318,000
- 2 Fradgan Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5BD£51,500 · 1999£185,000
- 2 Freshbrook Close, Eastern Green, Penzance, Cornwall, TR18 3RQ£137,000 · 2017£184,000
- 2 Glenway, Newlyn, Penzance, Cornwall, TR18 5DY£410,000 · 2019£505,000
- 2 Gloucester Crescent, Newlyn, Penzance, Penwith, Cornwall, TR18 5DR£155,000 · 2007£240,000
- 2 Gloucester Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5DT£150,000 · 2012£244,000
- 2 Gloucester Road, Newlyn, Penzance, Cornwall, TR18 5DP£220,000 · 2021£242,000
- 2 Greenbank, Penzance, Penwith, Cornwall, TR18 4ST£98,000 · 1998£421,000
- 2 Ground Floor Apartment, Belmont Villas, Penzance, Cornwall, TR18 4HY£122,000 · 2012£152,000
- 2 Gulval Cross, Gulval, Penzance, Cornwall, TR18 3BN£231,500 · 2021£245,000
- 2 Gwavas Bungalows, Newlyn, Penzance, Cornwall, TR18 5PF£397,500 · 2019£509,000
- 2 Gwel Lewern, Eastern Green, Penzance, Penwith, Cornwall, TR18 3AX£160,000 · 2003£286,000
- 2 Harbour View, Green Rocks, Penzance, Cornwall, TR18 5JZ£120,000 · 2025£239,000
- 2 Hea Road, Heamoor, Penzance, Cornwall, TR18 3HB£175,000 · 2011£241,000
- 2 Heabrook Parc, Heamoor, Penzance, Cornwall, TR18 3QR£134,000 · 2012£201,000
- 2 Helnoweth Hill, Gulval, Penzance, Penwith, Cornwall, TR18 3DS£59,950 · 1999£249,000
- 2 High Street, Penzance, Cornwall, TR18 2SX£214,250 · 2025£227,000
- 2 Higher Green Street, Newlyn, Penzance, Penwith, Cornwall, TR18 5LB£230,000 · 2022£223,000
- 2 Higher Lidden Road, Penzance, Cornwall, TR18 4NZ£385,000 · 2012£591,000
- 2 Higher Quarry Gardens, Tredarvah, Penzance, Penwith, Cornwall, TR18 4JX£202,000 · 2006£198,000
- 2 Holly Terrace, Heamoor, Penzance, Cornwall, TR18 3EJ£143,000 · 2016£203,000
- 2 Jack Lane, Newlyn, Penzance, Cornwall, TR18 5HZ£168,250 · 2016£166,000
- 2 Jack Stephens Estate, Penzance, Cornwall, TR18 2QE£141,000 · 2025£160,000
- 2 Jacobs Lane, Penzance, Cornwall, TR18 2FN£205,000 · 2021£247,000
- 2 Jamaica Road, Heamoor, Penzance, Penwith, Cornwall, TR18 3QJ£47,950 · 2000£181,000
- 2 Jamaica Terrace, Heamoor, Penzance, Penwith, Cornwall, TR18 3HQ£33,000 · 1998£179,000
- 2 Johns Place, Penzance, Cornwall, TR18 2HZ£125,000 · 2024£129,000
- 2 Kenstella Road, Newlyn, Penzance, Penwith, Cornwall, TR18 5AY£190,000 · 2003£379,000
- 2 Kia Ora Villas, Penzance, Penwith, Cornwall, TR18 2AN£77,500 · 1999£305,000
- 2 Kings Road, Penzance, Cornwall, TR18 4LG£385,000 · 2015£567,000
About this area
TR18 is a UK postcode district. Stede can model 6,077 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 £288,432.
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 49% of the properties Stede tracks in TR18.
199 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 £288,432 and the median is £256,000 across 6,077 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?
49% 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 6,077 properties in TR18, with 199 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 →