Penwerris Terrace - TR11 2PB
Key Postcode Insights
TR11 2PB is a residential postcode situated on Penwerris Terrace, Falmouth, TR11 with 14 addresses.
It ranks as the 543rd largest and 869th most expensive of the 978 postcodes in the TR11 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £739,532
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,368pcm
- 10 Year change
- up 80.4%
- Ave. £ per ft²
- £548/ft²
- Ave. Gross Yield
- 2.2%/year/yr
Key Postcode Insights
TR11 2PB is a residential postcode situated on Penwerris Terrace, Falmouth, TR11 with 14 addresses.
It ranks as the 543rd largest and 869th most expensive of the 978 postcodes in the TR11 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £739,532
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,368pcm
- 10 Year change
- up 80.4%
- Ave. £ per ft²
- £548/ft²
- Ave. Gross Yield
- 2.2%/year/yr
Explore Propertiesin TR11 2PB
- Broadwater
4 Bed House
- Dolphin Place
5 Bed Mid-century House
- Down Under
4 Bed Mid-century House
- Grayshott
4 Bed Mid-century House
- Kiln View
5 Bed Modern House
Sales Market Trends
The last sale in TR11 2PB sold for £695,000 on 5th August 2024. Since then prices are down an average of 3.4%.
The current average value in the postcode is £739,532.
The TR11 2PB Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £739,532 |
| June 2025 | -0.6% | £761,445 |
| June 2024 | 0.2% | £766,380 |
| June 2023 | 0.6% | £764,732 |
| June 2022 | 12.2% | £759,839 |
| June 2021 | 10.2% | £677,240 |
| June 2020 | 3.7% | £614,683 |
| June 2019 | 0.9% | £592,520 |
| June 2018 | 1.9% | £587,309 |
| June 2017 | 4.6% | £576,481 |
| June 2016 | 8.4% | £551,258 |
| June 2015 | 7.5% | £508,741 |
| June 2014 | 1.6% | £473,124 |
| June 2013 | -0.8% | £465,633 |
| June 2012 | 0.6% | £469,433 |
| June 2011 | 4.6% | £466,642 |
| June 2010 | 4% | £446,227 |
| June 2009 | -6.2% | £429,042 |
| June 2008 | -3.4% | £457,598 |
| June 2007 | 0% | £473,926 |
Rental Market Trends
The current average rental value in the postcode is £1,368.
The TR11 2PB Rental Market has increased by 80.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,368pcm |
| June 2025 | 5.8% | £1,314pcm |
| June 2024 | 8.4% | £1,241pcm |
| June 2023 | 1.1% | £1,145pcm |
| June 2022 | 13.2% | £1,133pcm |
| June 2021 | 18.4% | £1,000pcm |
| June 2020 | 2.5% | £845pcm |
| June 2019 | 0.2% | £824pcm |
| June 2018 | 4.8% | £822pcm |
| June 2017 | 3.4% | £785pcm |
| June 2016 | 1.4% | £759pcm |
| June 2015 | 1.9% | £748pcm |
| June 2014 | 3.9% | £734pcm |
| June 2013 | -1.6% | £707pcm |
| June 2012 | 0.1% | £718pcm |
| June 2011 | 4.7% | £718pcm |
| June 2010 | 7.8% | £685pcm |
| June 2009 | -5.6% | £636pcm |
| June 2008 | 0.5% | £673pcm |
| June 2007 | 0% | £670pcm |
Sales History
The last sale was on 5th August 2024 for £695,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 13 sales since 1995.
TR11 2PB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£695,000 | 4 Bed HouseGrayshott, Penwerris Terrace, Falmouth, TR11 2PBGrayshott, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Apr 2022£1,240,000 | 5 Bed HouseDolphin Place, Penwerris Terrace, Falmouth, TR11 2PBDolphin Place, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Sep 2020£1,125,000 | 5 Bed HouseTopsail, Penwerris Terrace, Falmouth, TR11 2PBTopsail, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Mar 2020£580,000 | 4 Bed HouseDown Under, Penwerris Terrace, Falmouth, TR11 2PBDown Under, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Jul 2019£900,000 | 5 Bed HouseKiln View, Penwerris Terrace, Falmouth, TR11 2PBKiln View, Penwerris Terrace, Falmouth, TR11 2PB
Nearby Postcodes
TR11 2PB is the 543rd largest and the 869th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2LN, Basset Street, Falmouth, TR11TR11 2LN11 Addresses|60 m away
- TR11 2SW, Dunstanville Terrace, Falmouth, TR11TR11 2SW50 Addresses|62 m away
- TR11 2PA, Penwerris Terrace, Falmouth, TR11TR11 2PA23 Addresses|63 m away
- TR11 2LP, Lambert Terrace, Falmouth, TR11TR11 2LP5 Addresses|85 m away
- TR11 2SS, Basset Place, Falmouth, TR11TR11 2SS6 Addresses|85 m away
Property Types
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 5 other addresses of unknown type
- modern house (3)
- mid-century house (4)
- house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (1)
- G (0)
- D (3)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Apr 2022£1,240,000 | 5 Bed HouseDolphin Place, Penwerris Terrace, Falmouth, TR11 2PBDolphin Place, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Sep 2020£1,125,000 | 5 Bed HouseTopsail, Penwerris Terrace, Falmouth, TR11 2PBTopsail, Penwerris Terrace, Falmouth, TR11 2PB
- Sold Jan 2017£925,000 | 5 Bed HouseMainstay, Penwerris Terrace, Falmouth, TR11 2PBMainstay, Penwerris Terrace, Falmouth, TR11 2PB
Schools Nearby
- Falmouth Primary Academy400 m away
- Flushing School700 m away
- King Charles Church of England Primary School1.2 km away
- Falmouth School1.4 km away
- Penryn College3.0 km away
- Richard Lander School11.3 km away
More reading links
Public Transport Nearby
The closest station to TR11 2PB is Penmere station, which is 1.2 kilometres away.
- Penmere|1.2 km away
- Falmouth Town|1.4 km away
- Falmouth Docks|1.7 km away
- Penryn (Cornwall)|2.8 km away
