Budock Water, Falmouth - TR11 2LZ
Key Postcode Insights
TR11 2LZ is a residential postcode situated on Budock Water, Falmouth, TR11 with 4 addresses.
It ranks as the 119th largest and 415th most expensive of the 978 postcodes in the TR11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £317,313
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,471pcm
- 10 Year change
- up 78.9%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
TR11 2LZ is a residential postcode situated on Budock Water, Falmouth, TR11 with 4 addresses.
It ranks as the 119th largest and 415th most expensive of the 978 postcodes in the TR11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £317,313
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,471pcm
- 10 Year change
- up 78.9%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin TR11 2LZ
- 1 Beacon Cottages Falmouth
3 Bed House
- 2 Beacon Cottages Falmouth
Unknown
- 3 Beacon Cottages Falmouth
3 Bed Period House
- 4 Beacon Cottages Falmouth
2 Bed Period House
Sales Market Trends
The last sale in TR11 2LZ sold for £255,000 on 13th September 2023. Since then prices are down an average of 0.9%.
The current average value in the postcode is £317,313.
The TR11 2LZ Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £317,313 |
| June 2025 | 0.1% | £322,235 |
| June 2024 | -0.2% | £321,959 |
| June 2023 | 0.4% | £322,566 |
| June 2022 | 12.3% | £321,167 |
| June 2021 | 8.7% | £285,972 |
| June 2020 | 3.8% | £263,067 |
| June 2019 | 0.2% | £253,523 |
| June 2018 | 2.1% | £252,948 |
| June 2017 | 3.9% | £247,801 |
| June 2016 | 7.2% | £238,448 |
| June 2015 | 7.9% | £222,375 |
| June 2014 | 1.8% | £206,108 |
| June 2013 | -0.4% | £202,443 |
| June 2012 | 1.1% | £203,345 |
| June 2011 | 2.7% | £201,110 |
| June 2010 | 4.4% | £195,811 |
| June 2009 | -9.2% | £187,601 |
| June 2008 | -3.1% | £206,647 |
| June 2007 | 0% | £213,170 |
Rental Market Trends
The current average rental value in the postcode is £1,471.
The TR11 2LZ Rental Market has increased by 78.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £1,471pcm |
| June 2025 | 6.6% | £1,393pcm |
| June 2024 | 8% | £1,306pcm |
| June 2023 | 0.8% | £1,210pcm |
| June 2022 | 13.3% | £1,200pcm |
| June 2021 | 16.8% | £1,058pcm |
| June 2020 | 2.6% | £906pcm |
| June 2019 | -0.5% | £883pcm |
| June 2018 | 5% | £887pcm |
| June 2017 | 2.8% | £845pcm |
| June 2016 | 0.3% | £822pcm |
| June 2015 | 2.3% | £819pcm |
| June 2014 | 4.1% | £801pcm |
| June 2013 | -1.2% | £770pcm |
| June 2012 | 0.6% | £779pcm |
| June 2011 | 2.8% | £775pcm |
| June 2010 | 8.2% | £754pcm |
| June 2009 | -8.6% | £697pcm |
| June 2008 | 0.9% | £762pcm |
| June 2007 | 0% | £755pcm |
Sales History
The last sale was on 13th September 2023 for £255,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 8 sales since 1995.
TR11 2LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£255,000 | 2 Bed House4 Beacon Cottages, Falmouth, TR11 2LZ4 Beacon Cottages, Falmouth, TR11 2LZ
- Sold Jun 2021£269,000 | 3 Bed House1 Beacon Cottages, Falmouth, TR11 2LZ1 Beacon Cottages, Falmouth, TR11 2LZ
- Sold Jun 2021£300,000 | 3 Bed House3 Beacon Cottages, Falmouth, TR11 2LZ3 Beacon Cottages, Falmouth, TR11 2LZ
- Sold Apr 2007£158,100 | 2 Bed House4 Beacon Cottages, Falmouth, TR11 2LZ4 Beacon Cottages, Falmouth, TR11 2LZ
- Sold Oct 2000£89,950 | 3 Bed House3 Beacon Cottages, Falmouth, TR11 2LZ3 Beacon Cottages, Falmouth, TR11 2LZ
Nearby Postcodes
TR11 2LZ is the 119th largest and the 415th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2LP, Lambert Terrace, Falmouth, TR11TR11 2LP5 Addresses|34 m away
- TR11 2LY, Beacon Terrace, Falmouth, TR11TR11 2LY10 Addresses|38 m away
- TR11 2NB, Frobisher Terrace, Falmouth, TR11TR11 2NB22 Addresses|60 m away
- TR11 2LN, Basset Street, Falmouth, TR11TR11 2LN11 Addresses|61 m away
- TR11 2LR, Polwhaveral Terrace, Falmouth, TR11TR11 2LR11 Addresses|66 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (2)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Falmouth Primary Academy300 m away
- Flushing School800 m away
- King Charles Church of England Primary School1.2 km away
- Falmouth School1.4 km away
- Penryn College2.9 km away
- Richard Lander School11.4 km away
More reading links
Public Transport Nearby
The closest station to TR11 2LZ is Penmere station, which is 1.1 kilometres away.
- Penmere|1.1 km away
- Falmouth Town|1.4 km away
- Falmouth Docks|1.7 km away
- Penryn (Cornwall)|2.8 km away
