Penmere Hill - TR11 2RB
Key Postcode Insights
TR11 2RB is a residential postcode situated on Penmere Hill, Falmouth, TR11 with 10 addresses.
It ranks as the 395th largest and 330th 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 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £289,524
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,513pcm
- 10 Year change
- up 72.7%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
TR11 2RB is a residential postcode situated on Penmere Hill, Falmouth, TR11 with 10 addresses.
It ranks as the 395th largest and 330th 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 10 properties: 9 houses and 1 flat.
- Ave. Sale Price
- £289,524
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,513pcm
- 10 Year change
- up 72.7%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin TR11 2RB
- 7B Penmere Hill
2 Bed Flat
- 9 Penmere Hill
Unknown
- 11 Penmere Hill
Unknown
- 13 Penmere Hill
3 Bed Period House
- 15 Penmere Hill
3 Bed Period House
Sales Market Trends
The last sale in TR11 2RB sold for £290,000 on 21st March 2023. Since then prices are down an average of 2.0%.
The current average value in the postcode is £289,524.
The TR11 2RB Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £289,524 |
| June 2025 | 0% | £293,903 |
| June 2024 | -0.1% | £293,815 |
| June 2023 | 0.3% | £294,213 |
| June 2022 | 11.2% | £293,261 |
| June 2021 | 7.9% | £263,649 |
| June 2020 | 4.1% | £244,308 |
| June 2019 | -0.1% | £234,707 |
| June 2018 | 1.1% | £234,925 |
| June 2017 | 2.9% | £232,328 |
| June 2016 | 7.3% | £225,873 |
| June 2015 | 7.7% | £210,505 |
| June 2014 | 1.3% | £195,521 |
| June 2013 | -0.8% | £192,986 |
| June 2012 | 0.5% | £194,527 |
| June 2011 | 2.3% | £193,645 |
| June 2010 | 2.3% | £189,372 |
| June 2009 | -9% | £185,190 |
| June 2008 | -2.6% | £203,590 |
| June 2007 | 0% | £209,067 |
Rental Market Trends
The current average rental value in the postcode is £1,513.
The TR11 2RB Rental Market has increased by 72.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £1,513pcm |
| June 2025 | 6.6% | £1,433pcm |
| June 2024 | 8.1% | £1,344pcm |
| June 2023 | 0.6% | £1,243pcm |
| June 2022 | 12.5% | £1,236pcm |
| June 2021 | 16% | £1,099pcm |
| June 2020 | 2.9% | £947pcm |
| June 2019 | -0.9% | £921pcm |
| June 2018 | 4.2% | £929pcm |
| June 2017 | 1.8% | £892pcm |
| June 2016 | 0.4% | £876pcm |
| June 2015 | 1.9% | £873pcm |
| June 2014 | 3.6% | £857pcm |
| June 2013 | -1.6% | £827pcm |
| June 2012 | -0.1% | £841pcm |
| June 2011 | 2.3% | £841pcm |
| June 2010 | 6.1% | £822pcm |
| June 2009 | -8.4% | £775pcm |
| June 2008 | 1.2% | £846pcm |
| June 2007 | 0% | £836pcm |
Sales History
The last sale was on 21st March 2023 for £290,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 21 sales since 1995.
TR11 2RB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£290,000 | 3 Bed House17, Penmere Hill, Falmouth, TR11 2RB17, Penmere Hill, Falmouth, TR11 2RB
- Sold Jul 2022£335,000 | 3 Bed House25, Penmere Hill, Falmouth, TR11 2RB25, Penmere Hill, Falmouth, TR11 2RB
- Sold Apr 2022£310,000 | 3 Bed House21, Penmere Hill, Falmouth, TR11 2RB21, Penmere Hill, Falmouth, TR11 2RB
- Sold Sep 2021£258,000 | 3 Bed House19, Penmere Hill, Falmouth, TR11 2RB19, Penmere Hill, Falmouth, TR11 2RB
- Sold Jun 2019£195,500 | 2 Bed Flat7B, Penmere Hill, Falmouth, TR11 2RB7B, Penmere Hill, Falmouth, TR11 2RB
Nearby Postcodes
TR11 2RB is the 395th largest and the 330th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2RN, Penmere Court, Falmouth, TR11TR11 2RN12 Addresses|28 m away
- TR11 2RD, Penmere Hill, Falmouth, TR11TR11 2RD7 Addresses|44 m away
- TR11 2RE, Chard Terrace, Falmouth, TR11TR11 2RE10 Addresses|45 m away
- TR11 2QG, Penmere Place, Falmouth, TR11TR11 2QG10 Addresses|57 m away
- TR11 2RA, Penmere Hill, Falmouth, TR11TR11 2RA11 Addresses|87 m away
Property Types
- 7 period houses built between 1800 and 1911
- 1 flat of an unknown age
- 2 other addresses of unknown type
- period house (7)
- flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (3)
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 School500 m away
- St Mary's Catholic Primary School, Falmouth700 m away
- Falmouth School1.3 km away
- Penryn College3.1 km away
- Richard Lander School12.3 km away
More reading links
Public Transport Nearby
The closest station to TR11 2RB is Penmere station, which is 200 metres away.
- Penmere|200 m away
- Falmouth Town|1.1 km away
- Falmouth Docks|1.7 km away
- Penryn (Cornwall)|3.1 km away
