Penmere Hill - TR11 2QZ
Key Postcode Insights
TR11 2QZ is a residential postcode situated on Penmere Hill, Falmouth, TR11 with 3 addresses.
It ranks as the 76th largest and 445th 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 3 properties: 3 houses.
- Ave. Sale Price
- £376,397
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,669pcm
- 10 Year change
- up 79.7%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
TR11 2QZ is a residential postcode situated on Penmere Hill, Falmouth, TR11 with 3 addresses.
It ranks as the 76th largest and 445th 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 3 properties: 3 houses.
- Ave. Sale Price
- £376,397
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,669pcm
- 10 Year change
- up 79.7%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin TR11 2QZ
Sales Market Trends
The last sale in TR11 2QZ sold for £480,000 on 3rd January 2024. Since then prices are down an average of 1.2%.
The current average value in the postcode is £376,397.
The TR11 2QZ Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £376,397 |
| June 2025 | -0.2% | £384,677 |
| June 2024 | 0.1% | £385,267 |
| June 2023 | 0.6% | £384,902 |
| June 2022 | 11.9% | £382,524 |
| June 2021 | 9.3% | £341,711 |
| June 2020 | 3.9% | £312,605 |
| June 2019 | 0.7% | £300,833 |
| June 2018 | 1.9% | £298,869 |
| June 2017 | 4% | £293,182 |
| June 2016 | 7.9% | £282,042 |
| June 2015 | 7.9% | £261,392 |
| June 2014 | 1.8% | £242,238 |
| June 2013 | -0.5% | £237,991 |
| June 2012 | 0.8% | £239,237 |
| June 2011 | 3.5% | £237,274 |
| June 2010 | 4.3% | £229,277 |
| June 2009 | -8% | £219,753 |
| June 2008 | -3.2% | £238,969 |
| June 2007 | 0% | £246,862 |
Rental Market Trends
The current average rental value in the postcode is £1,669.
The TR11 2QZ Rental Market has increased by 79.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,669pcm |
| June 2025 | 6.4% | £1,591pcm |
| June 2024 | 8.3% | £1,495pcm |
| June 2023 | 0.9% | £1,380pcm |
| June 2022 | 13.1% | £1,368pcm |
| June 2021 | 17.5% | £1,209pcm |
| June 2020 | 2.7% | £1,029pcm |
| June 2019 | -0.1% | £1,002pcm |
| June 2018 | 5% | £1,003pcm |
| June 2017 | 2.9% | £955pcm |
| June 2016 | 0.9% | £928pcm |
| June 2015 | 2.2% | £920pcm |
| June 2014 | 4.1% | £900pcm |
| June 2013 | -1.4% | £865pcm |
| June 2012 | 0.3% | £877pcm |
| June 2011 | 3.5% | £874pcm |
| June 2010 | 8.2% | £845pcm |
| June 2009 | -7.4% | £780pcm |
| June 2008 | 0.7% | £843pcm |
| June 2007 | 0% | £837pcm |
Sales History
The last sale was on 3rd January 2024 for £480,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 2 sales since 1995.
TR11 2QZ has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR11 2QZ is the 76th largest and the 445th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2RA, Penmere Hill, Falmouth, TR11TR11 2RA11 Addresses|33 m away
- TR11 2QH, Kings Avenue, Falmouth, TR11TR11 2QH20 Addresses|72 m away
- TR11 2QQ, Penmere Crescent, Falmouth, TR11TR11 2QQ19 Addresses|80 m away
- TR11 2QG, Penmere Place, Falmouth, TR11TR11 2QG10 Addresses|88 m away
- TR11 2RF, Theydon Road, Falmouth, TR11TR11 2RF12 Addresses|90 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jan 2024£480,000 | 4 Bed House18, Penmere Hill, Falmouth, TR11 2QZ18, Penmere Hill, Falmouth, TR11 2QZ
- Sold Apr 2020£350,000 | 3 Bed House45, Penmere Hill, Falmouth, TR11 2RA45, Penmere Hill, Falmouth, TR11 2RA
- Sold Mar 2018£345,000 | 4 Bed House6, Penmere Hill, Falmouth, TR11 2RD6, Penmere Hill, Falmouth, TR11 2RD
Schools Nearby
- Marlborough School400 m away
- King Charles Church of England Primary School600 m away
- St Mary's Catholic Primary School, Falmouth600 m away
- Falmouth School1.3 km away
- Penryn College3.0 km away
- Richard Lander School12.3 km away
More reading links
Public Transport Nearby
The closest station to TR11 2QZ is Penmere station, which is 100 metres away.
- Penmere|100 m away
- Falmouth Town|1.2 km away
- Falmouth Docks|1.8 km away
- Penryn (Cornwall)|3.0 km away
