UK Property Check · Printed on 8 November 2026ukpropertycheck.co.uk/postcode/tr18
TR18Penzance, Cornwall, England
House prices in TR18, Penzance
Homes in TR18 sold for a median of £260,000 between September 2024 and August 2026, from 510 standard sales.
That is 10% below the £287,500 median for the Cornwall council area.
Prices by property type
| Type | Sales | Median price | Middle half |
|---|---|---|---|
| Detached | 78 | £438,000 | £351,000 to £544,000 |
| Semi-detached | 77 | £290,000 | £250,000 to £365,000 |
| Terraced | 249 | £245,000 | £195,000 to £305,000 |
| Flats and maisonettes | 106 | £169,000 | £121,000 to £254,000 |
TR18 has too few sales linked to an energy certificate for its own price per m². Across the TR postcode area, whose median sale price is within 20% of TR18's, it was £3,569 per m² from 370 linked sales.
Terraced houses were the most common type sold here, at 49% of sales, ahead of flats and maisonettes at 21%.
Flats here sold for a median of £169,000, 25% more than the £135,000 typical of the 6 nearest districts with enough flat sales.
Compare an asking price
- Check a home for its floor area
- How much to offer, then how to put the offer in writing
- Work out stamp duty
Where prices are higher in TR18
Of the postcode sectors with at least 20 standard sales, prices were highest in TR18 4, around Penzance, with a median of £309,000, and lowest in TR18 2, around Penzance, at £225,000. Dashed outlines on the map show roughly where the two sectors are.
Each dot is a postcode in TR18 with at least 3 standard sales from September 2024 to August 2026, shaded by the median price of those sales. Select a dot for its median and a link to its sales, or use the list below the map.
Map loading
List the 56 postcodes on the map, dearest first
| Postcode | Median price | Standard sales |
|---|---|---|
| TR18 4DZ | £617,500 | 6 |
| TR18 4LB | £500,000 | 3 |
| TR18 4SH | £450,000 | 3 |
| TR18 5QA | £442,500 | 3 |
| TR18 4LZ | £437,500 | 4 |
| TR18 4SY | £427,500 | 4 |
| TR18 5DG | £408,000 | 3 |
| TR18 4BG | £395,000 | 3 |
| TR18 4JF | £385,000 | 3 |
| TR18 2AZ | £375,000 | 3 |
| TR18 5AY | £330,000 | 4 |
| TR18 2BL | £325,000 | 3 |
| TR18 3LG | £323,000 | 4 |
| TR18 4HS | £317,000 | 3 |
| TR18 3EG | £305,000 | 4 |
| TR18 3HF | £305,000 | 4 |
| TR18 2BJ | £282,500 | 3 |
| TR18 2FJ | £280,000 | 9 |
| TR18 2GA | £280,000 | 3 |
| TR18 2FX | £277,500 | 4 |
| TR18 2AP | £270,000 | 3 |
| TR18 4HR | £270,000 | 3 |
| TR18 3AB | £266,000 | 3 |
| TR18 3ET | £265,000 | 4 |
| TR18 4RP | £265,000 | 5 |
| TR18 4RX | £260,000 | 3 |
| TR18 2BA | £255,000 | 3 |
| TR18 3QR | £252,500 | 3 |
| TR18 2PB | £250,000 | 3 |
| TR18 4AQ | £250,000 | 3 |
| TR18 4SP | £250,000 | 3 |
| TR18 5DZ | £238,000 | 3 |
| TR18 2HB | £237,000 | 4 |
| TR18 2DX | £230,000 | 3 |
| TR18 4HU | £230,000 | 5 |
| TR18 2BU | £225,000 | 7 |
| TR18 2DF | £220,000 | 3 |
| TR18 2PU | £220,000 | 3 |
| TR18 3ER | £220,000 | 3 |
| TR18 5QB | £205,000 | 3 |
| TR18 2ER | £202,500 | 6 |
| TR18 5HW | £200,000 | 3 |
| TR18 5AS | £197,500 | 5 |
| TR18 2DL | £187,500 | 3 |
| TR18 3QX | £185,000 | 3 |
| TR18 3DR | £180,000 | 3 |
| TR18 3HG | £180,000 | 3 |
| TR18 5BG | £180,000 | 3 |
| TR18 4EZ | £175,500 | 6 |
| TR18 3QS | £170,000 | 3 |
| TR18 2DR | £150,000 | 3 |
| TR18 2TB | £125,000 | 9 |
| TR18 2EZ | £120,000 | 3 |
| TR18 2PS | £120,000 | 4 |
| TR18 4JH | £85,000 | 4 |
| TR18 3DW | £65,000 | 5 |
Prices over time
The median rose 44%, from £180,000 in 2016 to £260,000 in 2025, more than the 36% rise for a typical district in the South West.
Postcode districts in the Cornwall council area
Median sale price of the 39 districts with at least 100 standard sales, September 2024 to August 2026, dearest first, each named by its post town. TR18 is the tenth cheapest. TR18 and the 14 districts nearest it in the ranking are shown.
- TR16 Redruth£285,000
- PL12 Saltash£275,000
- PL17 Callington£275,000
- PL18 Gunnislake£271,000
- TR10 Penryn£270,000
- PL26 St Austell£265,000
- TR9 St Columb£260,000
- TR18 Penzance, this district£260,000
- PL25 St Austell£257,500
- PL15 Launceston£255,000
- PL32 Camelford£249,500
- PL14 Liskeard£240,000
- TR15 Redruth£239,000
- PL11 Torpoint£235,000
- PL24 Par£230,000
All 39 districts in Cornwall, ranked
Energy ratings of homes for sale
| Rating | Homes | Share |
|---|---|---|
| A | 2 | |
| B | 23 | |
| C | 190 | |
| D | 296 | |
| E | 77 | |
| F | 39 | |
| G | 12 |
Only 34% of homes put up for sale were rated C or better, against 52% across England and Wales. D was the most common rating: see what a D rating means.
When the homes were built
| Built | Homes | Share |
|---|---|---|
| 192 | ||
| 123 | ||
| 71 | ||
| 49 | ||
| 111 | ||
| 48 | ||
| 37 | ||
| 8 |
49% of homes put up for sale were built before 1930, against 24% across England and Wales. For older homes RICS suggests a Level 3 survey: see which survey you need.
With 30% built before 1900, ask early whether a home is listed or in a conservation area, which limits the work you can do: see buying a listed building and buying in a conservation area.
Recent sales
The 10 latest sales ran from £115,000 for a flat on Green Market to £725,000 for a terraced house on St Marys Place.
The latest standard sales recorded in TR18. Sales take 2 weeks to 2 months to appear (how to find out what a house sold for). Select an address to check that home, or a postcode for every sale there.
- Pendower House Fradgan PlaceSold for £400,000
- 4 Gwavas QuaySold for £345,000
- 16, Mount's Bay Lodge New Town LaneSold for £161,000
- 2 Lescudjack RoadSold for £315,000
- 9 Redinnick PlaceSold for £255,000
- 3 St Marys PlaceSold for £725,000
- 29 Trerew RoadSold for £166,000
- 2, Hea Mews Hea CornerSold for £355,000
- Flat 3, 4 Green MarketSold for £115,000
- 2 Custom House LaneSold for £270,000
Living in TR18
Crime
94 crimes per 1,000 residents in the year to August 2026
Higher than 75 in 100 postcode districts. England and Wales: 84. The middle half of postcode districts are between 47 and 93.
The rate counts every crime recorded in an area against the people who live there, so shops, stations and nightlife push it up.
Gigabit broadband
Across its postcodes, an average of 78% of homes can get it
Lower than 68 in 100 postcode districts. England and Wales: 89%. The middle half of postcode districts are between 73% and 94%.
Radon
Every postcode is in a 1 km square that includes a radon Affected Area
Higher than 83 in 100 postcode districts.
In a radon Affected Area, UKHSA recommends a radon test. A UKradon report gives the result for an exact address.
Council tax
Band D is £2,591 a year in Cornwall for 2026 to 2027
Higher than 86 in 100 council areas. England: £2,392. The middle half of council areas are between £2,323 and £2,526.
Band D includes every charge on the bill, such as police, fire and any county, parish or town council.
The free check gives these for a single home, with the nearest schools and road and rail noise (how we work them out).
Crime: data.police.uk, with Census 2021 population from the Office for National Statistics. Broadband: Ofcom Connected Nations, January 2026. Radon: the British Geological Survey and UKHSA. Council tax: the Ministry of Housing, Communities and Local Government. Contains public sector information licensed under the Open Government Licence v3.0.
Prices by council ward
Median price in the council wards that cover most of TR18, from the sales in TR18, September 2024 to August 2026, dearest first:
- Penzance Promenade 191 sales£285,000
- Mousehole, Newlyn & St Buryan 96 sales£271,500
- Ludgvan, Madron, Gulval & Heamoor 80 sales£260,000
- Penzance East 161 sales£225,000
Coal mining
None of the 862 live postcodes in TR18 is in the Mining Remediation Authority's coal mining reporting area, although 10% of postcodes in the South West are.
About these figures
The figures come from 510 standard sales in TR18, the latest on 28 August 2026 (what counts as a standard sale). Of these, 21% were flats.
Updated 15 October 2026 with sales recorded to August 2026. Next update due in late November 2026.
Contains HM Land Registry data © Crown copyright and database right 2026. Energy certificate data from the Ministry of Housing, Communities and Local Government. Both are licensed under the Open Government Licence v3.0.