Properties for sale in TR18
Penzance
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- Price Paid By Year
- Property Type Price
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House Prices in TR18
Properties in TR18 have an average house price of £291,656.00 and had 1041 Property Transactions within the last 3 years.
The most expensive property was sold for £1,496,500.00.
Property Price Paid in TR18 by Year
The average sold property price by year was:
| Year | Average Sold Price | Sold Properties |
|---|---|---|
| 2026 | £270,018.00 | 115 Properties |
| 2025 | £274,616.00 | 310 Properties |
| 2024 | £307,011.00 | 316 Properties |
| 2023 | £301,384.00 | 300 Properties |
| 2022 | £294,427.00 | 322 Properties |
| 2021 | £277,994.00 | 413 Properties |
| 2020 | £240,450.00 | 296 Properties |
| 2019 | £228,921.00 | 370 Properties |
| 2018 | £221,217.00 | 337 Properties |
| 2017 | £219,489.00 | 398 Properties |
| 2016 | £202,949.00 | 381 Properties |
| 2015 | £204,931.00 | 353 Properties |
| 2014 | £198,603.00 | 359 Properties |
| 2013 | £195,497.00 | 305 Properties |
| 2012 | £186,046.00 | 262 Properties |
| 2011 | £185,695.00 | 252 Properties |
| 2010 | £194,989.00 | 279 Properties |
| 2009 | £167,502.00 | 265 Properties |
| 2008 | £199,114.00 | 209 Properties |
| 2007 | £199,813.00 | 426 Properties |
| 2006 | £189,480.00 | 480 Properties |
| 2005 | £183,323.00 | 346 Properties |
| 2004 | £173,582.00 | 404 Properties |
| 2003 | £154,419.00 | 382 Properties |
| 2002 | £112,850.00 | 466 Properties |
| 2001 | £87,785.00 | 519 Properties |
| 2000 | £74,882.00 | 499 Properties |
| 1999 | £63,802.00 | 470 Properties |
| 1998 | £56,614.00 | 402 Properties |
| 1997 | £54,353.00 | 490 Properties |
| 1996 | £50,538.00 | 434 Properties |
| 1995 | £47,187.00 | 285 Properties |
Property Price per Property Type in TR18
Here you can find historic sold price data in order to help with your property search.
The average Property Paid Price for specific property types in the last three years are:
| Property Type | Average Sold Price | Sold Properties |
|---|---|---|
| Detached House | £479,922.00 | 152 Detached Houses |
| Flat | £188,970.00 | 214 Flats |
| Semi Detached House | £315,230.00 | 152 Semi Detached Houses |
| Terraced House | £272,105.00 | 523 Terraced Houses |
Houses and Flats for sale in TR18, Penzance
There are 198 results. Property prices in TR18 range from £80k to £672k with an average price of £291k.
2 Bedrooms
1 Bathroom
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Property market in TR18
What's for sale
219 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
219 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 67% | 25% |
| Typical asking price | £297k | £150k |
| Average bedrooms | 2.9 | 1.8 |
| Typical time to sell | 4 months | 5 months |
Asking prices over time
typical asking price of the homes first listed each quarter · −7.7% since 2024 Q4Prices in and around TR18
typical asking price, cheapest firstSchools in TR18
6 primary · 2 secondary · 100% rated good or outstanding- Mounts Bay Academy secondary · Good
- Humphry Davy School secondary · Good
- Heamoor Community Primary School primary · Good
- Gulval School primary · Good
- St Mary's Catholic School, Penzance primary · Good
- St Mary's CofE Primary School, Penzance primary · Good
Based on 219 homes for sale on Houses now, 541 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently Asked Questions about TR18
What is the average house price in TR18?
The average home for sale in TR18 is priced at £297,000. A few very expensive homes pull that average up, so a more typical price is £250,000. This is based on the 219 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in TR18?
A typical 2-bedroom home in TR18 costs £210,000 and a 3-bedroom home £305,000. So the extra bedroom adds about £95,000. 1-bedroom homes start at around £135,000, and 4-bedroom homes are about £475,000.
What price range should I expect in TR18?
Most homes in TR18 are priced between £91,000 and £772,000, leaving out the very cheapest and most expensive. One in five costs less than £160,000, and one in five £420,000 or more.
How many homes are for sale in TR18?
There are 198 homes for sale in TR18 on Houses right now. 46 new listings came onto the market in the last 30 days.
Are house prices going up in TR18?
No, they are falling. Homes put up for sale in TR18 over the last 12 months were advertised at a typical £240,000, 5.8% lower than the year before (£255,000). By size, 1-bedroom homes are down 5%, 2-bedroom homes are down 7% and 3-bedroom homes are down 5%.
How long does it take to sell a home in TR18?
Homes usually sell or come off the market within about 4 months. About 16% go within the first month, and a quarter take longer than about 8 months. Houses go faster, in about 4 months against about 5 months for flats.
What rental yield can I get in TR18?
Around 4.3% gross. That compares a typical rent of £900 a month with a typical sold price of £252,000. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in TR18?
Terraced houses are the most common, about a third of homes for sale in TR18. Flats and apartments come next, followed by bungalows. Flats and apartments are the cheapest, at about £150,000, and detached houses the most expensive, at about £485,000.
Where are the cheapest places to buy near TR18?
Of the areas around TR18, TR14 is the cheapest, with a typical asking price of £245,000, followed by TR27 (£273,000) and TR13 (£350,000). TR18 itself is £250,000.
Are homes in TR18 freehold or leasehold?
About 8 in 10 homes for sale in TR18 are freehold and the rest leasehold, which is mostly flats.
What are the schools like in TR18?
There are 6 primary and 2 secondary schools in TR18. 100% of those inspected by Ofsted were rated good or outstanding.
Which areas are included in the TR18 postcode district?
The main area within TR18 is Penzance.
What has been the average sold property price in TR18 over the last three years?
Terraced Houses in TR18 have an average sold price of £272,105, while Flats have an average of £188,970. Detached Houses have an average of £479,922 and Semi Detached Houses have an average of £315,230. The average sold property price in TR18 over the last three years is approximately £283,882.
Which train stations are available in TR18?
The train station available in TR18 is Penzance Station.