Penwerris Lane - TR11 2PF
Key Postcode Insights
TR11 2PF is a residential postcode situated on Penwerris Lane, Falmouth, TR11 with 27 addresses.
It ranks as the 804th largest and 526th most expensive of the 978 postcodes in the TR11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 27 properties: 9 houses and 18 flats.
- Ave. Sale Price
- £403,368
- 10 Year change
- up 28.4%
- Ave. Rental Price
- £1,457pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR11 2PF is a residential postcode situated on Penwerris Lane, Falmouth, TR11 with 27 addresses.
It ranks as the 804th largest and 526th most expensive of the 978 postcodes in the TR11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 27 properties: 9 houses and 18 flats.
- Ave. Sale Price
- £403,368
- 10 Year change
- up 28.4%
- Ave. Rental Price
- £1,457pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £396/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR11 2PF
- 1 Fal View Penwerris Lane
4 Bed Modern House
- 2 Fal View Penwerris Lane
4 Bed Modern House
- 3 Fal View Penwerris Lane
4 Bed Modern House
- Carrick House
Building  |  3 Flats
- Crowstone
4 Bed Mid-century House
Sales Market Trends
The last sale in TR11 2PF sold for £750,000 on 17th September 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £403,368.
The TR11 2PF Sales Market has increased by 28.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £403,368 |
| June 2025 | -1.1% | £413,804 |
| June 2024 | 0.4% | £418,470 |
| June 2023 | 0.7% | £416,846 |
| June 2022 | 10.9% | £414,009 |
| June 2021 | 8.6% | £373,385 |
| June 2020 | 4.1% | £343,897 |
| June 2019 | 0.4% | £330,232 |
| June 2018 | 1% | £328,885 |
| June 2017 | 3.6% | £325,638 |
| June 2016 | 7.7% | £314,200 |
| June 2015 | 7.4% | £291,701 |
| June 2014 | 1.8% | £271,540 |
| June 2013 | -1.2% | £266,659 |
| June 2012 | 0.7% | £269,800 |
| June 2011 | 3.7% | £267,995 |
| June 2010 | 3% | £258,528 |
| June 2009 | -6.7% | £250,938 |
| June 2008 | -3.4% | £269,098 |
| June 2007 | 0% | £278,556 |
Rental Market Trends
The current average rental value in the postcode is £1,457.
The TR11 2PF Rental Market has increased by 72.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,457pcm |
| June 2025 | 5.3% | £1,394pcm |
| June 2024 | 8.6% | £1,323pcm |
| June 2023 | 1.1% | £1,218pcm |
| June 2022 | 11.9% | £1,205pcm |
| June 2021 | 16.7% | £1,077pcm |
| June 2020 | 2.9% | £923pcm |
| June 2019 | -0.3% | £897pcm |
| June 2018 | 3.9% | £899pcm |
| June 2017 | 2.5% | £865pcm |
| June 2016 | 0.8% | £844pcm |
| June 2015 | 1.8% | £837pcm |
| June 2014 | 4.1% | £822pcm |
| June 2013 | -1.9% | £790pcm |
| June 2012 | 0.2% | £806pcm |
| June 2011 | 3.8% | £805pcm |
| June 2010 | 6.8% | £775pcm |
| June 2009 | -6.1% | £726pcm |
| June 2008 | 0.5% | £773pcm |
| June 2007 | 0% | £769pcm |
Sales History
The last sale was on 17th September 2025 for £750,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 37 sales since 1995.
TR11 2PF has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£750,000 | 4 Bed HouseMariners, Penwerris Lane, Falmouth, TR11 2PFMariners, Penwerris Lane, Falmouth, TR11 2PF
- Sold Jul 2024£398,000 | 3 Bed FlatFlat 4, Penwerris Old School, Penwerris Lane, Falmouth, TR11 2PFFlat 4, Penwerris Old School, Penwerris Lane, Falmouth, TR11 2PF
- Sold Jun 2024£500,000 | 4 Bed House2 Fal View, Penwerris Lane, Falmouth, TR11 2PF2 Fal View, Penwerris Lane, Falmouth, TR11 2PF
- Sold Jun 2024£542,500 | 4 Bed House1 Fal View, Penwerris Lane, Falmouth, TR11 2PF1 Fal View, Penwerris Lane, Falmouth, TR11 2PF
- Sold Jul 2023£318,827 | 2 Bed FlatFlat 3, Penwerris Old School, Penwerris Lane, Falmouth, TR11 2PFFlat 3, Penwerris Old School, Penwerris Lane, Falmouth, TR11 2PF
Nearby Postcodes
TR11 2PF is the 804th largest and the 526th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2QB, Penwerris Lane, Falmouth, TR11TR11 2QB5 Addresses|18 m away
- TR11 2SY, Stratton Terrace, Falmouth, TR11TR11 2SY40 Addresses|70 m away
- TR11 2PG, Riverview, Falmouth, TR11TR11 2PG18 Addresses|81 m away
- TR11 5NZ, Meadowbank Road, Falmouth, TR11TR11 5NZ24 Addresses|90 m away
- TR11 2ND, Meadowbank Road, Falmouth, TR11TR11 2ND29 Addresses|93 m away
Property Types
- 1 period house built between 1800 and 1911
- 4 modern houses built after 1980
- 4 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 4 other addresses of unknown type
- period house (1)
- modern house (4)
- modern flat (4)
- mid-century house (1)
- mid-century flat (12)
- flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (3)
- F (0)
- C (9)
- G (0)
- D (1)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Sep 2025£750,000 | 4 Bed HouseMariners, Penwerris Lane, Falmouth, TR11 2PFMariners, Penwerris Lane, Falmouth, TR11 2PF
- Sold Sep 2021£662,000 | 4 Bed HouseTehidy, Penwerris Lane, Falmouth, TR11 2TRTehidy, Penwerris Lane, Falmouth, TR11 2TR
- Sold Jun 2024£542,500 | 4 Bed House1 Fal View, Penwerris Lane, Falmouth, TR11 2PF1 Fal View, Penwerris Lane, Falmouth, TR11 2PF
Schools Nearby
- Falmouth Primary Academy600 m away
- Flushing School600 m away
- King Charles Church of England Primary School1.5 km away
- Falmouth School1.4 km away
- Penryn College2.8 km away
- Richard Lander School11.1 km away
More reading links
Public Transport Nearby
The closest station to TR11 2PF is Penmere station, which is 1.4 kilometres away.
- Penmere|1.4 km away
- Falmouth Town|1.7 km away
- Falmouth Docks|1.9 km away
- Penryn (Cornwall)|2.6 km away
