Sold house prices in TR18

Sold house prices in TR18 have an overall average of £250,747, based on all 3,929 residential sales on record — drawn from every recorded UK house sale.

TR18 market analysis

Medians over the most recent 12 months of all UK property sales (to July 2026). Median is used, not mean — it isn't skewed by the odd very-high sale.

Across TR18, the median sold price over the 12 months to July 2026 was £250,000 — it fell 2% on the year before. That reflects 256 recorded sales. Detached homes are the priciest at a median of £417,500, while flat/maisonette homes are the most affordable at £176,500. Over the past year, other homes moved the most (+23.5%). Within TR18, the TR18 3 sector saw the strongest recent growth (+8%) and TR18 4 the softest (-11%).

New-build homes were 0% of recent sales, a share that is falling.

These figures track the median of prices actually paid, not a like-for-like index. A move can reflect a change in what sold — more new homes, or a different mix of house types and sizes — as much as any change in what a given home is worth.

£250,000
Median sold price (12m)
-2%
Year-on-year change
256
Sales in last 12 months
£250,747
Average, all time (2015–2026)

Median sold price by year

202120222023202420252026£240k£247k

New-build share of sales

9.1%20222.4%20230.8%20240.3%20250%2026

Median price by property type (last 12 months)

TypeMedian12-month changeSales
Terraced£242,000-2.4%129
Flat/Maisonette£176,500+5.7%48
Semi-detached£290,000+0%34
Detached£417,500-5.1%30
Other£210,000+23.5%15

Change compares the median for the last 12 months with the 12 months before.

Annual price change by postcode sector

Sector20222023202420252026Median
TR18 2+32.4%-2.2%-5.5%+4.4%-3.3%£210,000
TR18 3+9.6%+3.4%+5.9%-13.9%+8.1%£251,250
TR18 4+17.2%-12.5%-3%-1.8%-10.8%£267,500
TR18 5+14.8%-1.9%+17.2%-19.7%-9.4%£240,000

Year-on-year change in the median sold price; green = up, red = down. Final column is the latest-year median.

Development activity

New-build homes were 0% of sales in the latest year, and the share is ▼ falling over the period — a marker of how much new housing is being built here (not a price forecast). See the new-build chart above.

How these figures are calculated. Year-on-year change compares the median sold price over the most recent 12 months of data with the 12 months before it. We use the median, not the average, so a few unusually high or low sales don't distort it. Because HM Land Registry data lags — sales take time to be registered — the most recent month or two are provisional and tend to revise upward. Figures track the mix of what actually sold, so they are not a like-for-like index. The same method is used across this site, so an area's figure here matches its ranking in investment trends.

📈 See investment trends across Cornwall →

Recent sales in TR18

£240,000
18, POLTAIR TERRACE, PENZANCE, CORNWALL, TR18 3EG
TerracedJul 2026
£200,000
1, CHYCORNICK COTTAGES, PENZANCE, CORNWALL, TR18 3BT
TerracedJul 2026
£240,000
1, ANTOINE TERRACE, PENZANCE, CORNWALL, TR18 5BW
TerracedJul 2026
£238,000
14, BELGRAVIA STREET, PENZANCE, CORNWALL, TR18 2BJ
TerracedJul 2026
£185,000
3, ROSCADGHILL PARC, PENZANCE, CORNWALL, TR18 3QX
TerracedJul 2026
£110,000
1, OCEAN BLUE APARTMENTS, JENNINGS STREET, PENZANCE, CORNWALL, TR18 2GZ
Flat/MaisonetteJul 2026
£450,000
27, LANNOWETH ROAD, PENZANCE, CORNWALL, TR18 3AB
Semi-detachedJul 2026
£265,000
7, MOUNT'S BAY LODGE, NEW TOWN LANE, PENZANCE, CORNWALL, TR18 2FJ
Flat/MaisonetteJul 2026
£430,000
1, GWEDHENNEK, PENZANCE, CORNWALL, TR18 3NJ
DetachedJul 2026
£395,000
21, REGENT SQUARE, PENZANCE, CORNWALL, TR18 4BG
DetachedJul 2026
£480,000
5, MARINE TERRACE, PENZANCE, CORNWALL, TR18 4DL
TerracedJul 2026
£495,000
5, MENNAYE ROAD, PENZANCE, CORNWALL, TR18 4NG
TerracedJul 2026
£410,000
3, ORCHARD TERRACE, PENZANCE, CORNWALL, TR18 5BJ
TerracedJul 2026
£196,000
FLAT 4, 32, MORRAB ROAD, PENZANCE, CORNWALL, TR18 4EZ
Flat/MaisonetteJun 2026
£120,000
THE NET LOFT, 4B, LOWER GREEN STREET, PENZANCE, CORNWALL, TR18 5LA
TerracedJun 2026
£125,000
7, PROSPECT PLACE, PENZANCE, CORNWALL, TR18 2PS
Flat/MaisonetteJun 2026
£215,000
FLAT 4, ST PAULS HOUSE, CLARENCE PLACE, PENZANCE, CORNWALL, TR18 2QA
Flat/MaisonetteJun 2026
£98,000
FLAT 2, 9, ALBERT STREET, PENZANCE, CORNWALL, TR18 2LR
Flat/MaisonetteJun 2026
£160,000
4, SIMPSONS COURT, VICTORIA PLACE, PENZANCE, CORNWALL, TR18 4BP
Flat/MaisonetteJun 2026
£325,000
4, SEA VIEW TERRACE, PENZANCE, CORNWALL, TR18 5PE
TerracedJun 2026
£287,500
5, ST MARYS STREET, PENZANCE, CORNWALL, TR18 2DH
TerracedJun 2026
£250,000
DOCK COTTAGE, CHAPEL STREET, PENZANCE, CORNWALL, TR18 4AQ
TerracedJun 2026
£318,000
32, BAY VIEW TERRACE, PENZANCE, CORNWALL, TR18 4HS
TerracedJun 2026
£215,000
1, PENDREA PLACE, PENZANCE, CORNWALL, TR18 3NE
Semi-detachedJun 2026

Streets in TR18

CHAPEL STREET
69 sales · avg £262,672
NEW TOWN LANE
67 sales · avg £311,312
ALEXANDRA ROAD
61 sales · avg £310,943
MARKET JEW STREET
60 sales · avg £362,977
MORRAB ROAD
55 sales · avg £264,879
CALDWELLS ROAD
50 sales · avg £169,592
RICHMOND STREET
46 sales · avg £206,250
EAST TERRACE
44 sales · avg £133,222
CAUSEWAYHEAD
43 sales · avg £155,141
BELGRAVIA STREET
43 sales · avg £188,870
ADELAIDE STREET
39 sales · avg £165,499
ST JAMES STREET
37 sales · avg £173,220
CHYANDOUR CLIFF
36 sales · avg £245,836
ROSEVEAN ROAD
35 sales · avg £165,886
HIGH STREET
35 sales · avg £160,406
DANIEL PLACE
34 sales · avg £151,861
TREMAINE CLOSE
33 sales · avg £157,544
TREDARVAH ROAD
33 sales · avg £382,120
LANNOWETH ROAD
33 sales · avg £246,936
GWAVAS STREET
33 sales · avg £164,742
CENTENARY WAY
31 sales · avg £278,827
FORE STREET
30 sales · avg £388,333
PENDARVES ROAD
29 sales · avg £187,345
PENARE ROAD
29 sales · avg £200,776
MANOR WAY
29 sales · avg £233,216
LESKINNICK TERRACE
29 sales · avg £191,955
CHYWOONE HILL
29 sales · avg £322,052
ST DOMINIC STREET
28 sales · avg £160,821
MOUNT STREET
28 sales · avg £168,336
JELBERT WAY
28 sales · avg £69,079

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