Area guide
Everything you need to know about buying property in the TR18 postcode area, covering Penzance and surrounding areas. All price data sourced from HM Land Registry — updated July 2026.
Average price
£175,985
Median price
£167,000
5-year trend
+199.1%
Total sales
11,712
The TR18 area has 713 individual postcodes with 11,712 registered sales. Prices are +55.6% below the national average, with the largest concentration in Penzance. The five-year price movement is +199.1%.
TR18 averages £175,985, placing it in the affordable category, +55.6% below the national average. Affordable areas can offer good value for first-time buyers and investors seeking lower entry points. The dataset includes 11,712 recorded sales across 713 postcodes.
The five-year price trend in TR18 is +199.1%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.
TR18 2ER
£116,649 avg · 105 sales
TR18 3AX
£147,899 avg · 104 sales
TR18 4DU
£110,310 avg · 104 sales
TR18 3QR
£91,368 avg · 100 sales
TR18 2TB
£152,636 avg · 98 sales
TR18 2DE
£101,688 avg · 95 sales
TR18 2HB
£127,554 avg · 91 sales
TR18 4EZ
£182,197 avg · 85 sales
TR18 2DF
£114,416 avg · 82 sales
This TR18 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.
Data last updated: July 2026 · View methodology
The average sold price in the TR18 postcode area is £175,985, based on 11,712 HM Land Registry transactions. The largest town in this area is Penzance.
Properties in TR18 average £175,985, which is +55.6% below the national average of £396,803 for England and Wales.
The median price (£167,000) is 5.1% below the average (£175,985), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.
Prices in TR18 have moved +199.1% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.
No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.
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