Penwerris Lane - TR11 2TR
Key Postcode Insights
TR11 2TR is a residential postcode situated on Penwerris Lane, Falmouth, TR11 with 3 addresses.
It ranks as the 77th largest and 609th most expensive of the 978 postcodes in the TR11 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £466,668
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,676pcm
- 10 Year change
- up 78.0%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR11 2TR is a residential postcode situated on Penwerris Lane, Falmouth, TR11 with 3 addresses.
It ranks as the 77th largest and 609th most expensive of the 978 postcodes in the TR11 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £466,668
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,676pcm
- 10 Year change
- up 78.0%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR11 2TR
- Mirador
4 Bed Modern House
- Rose Cottage
3 Bed Period House
- Tehidy
4 Bed Mid-century House
Sales Market Trends
The last sale in TR11 2TR sold for £510,000 on 24th October 2023. Since then prices are down an average of 1.2%.
The current average value in the postcode is £466,668.
The TR11 2TR Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £466,668 |
| June 2025 | 0.5% | £475,522 |
| June 2024 | -0.5% | £472,939 |
| June 2023 | 0.4% | £475,368 |
| June 2022 | 12.6% | £473,417 |
| June 2021 | 8.7% | £420,384 |
| June 2020 | 3.5% | £386,636 |
| June 2019 | 0.6% | £373,645 |
| June 2018 | 2.3% | £371,256 |
| June 2017 | 3.8% | £362,929 |
| June 2016 | 7.3% | £349,567 |
| June 2015 | 7.2% | £325,644 |
| June 2014 | 1.7% | £303,697 |
| June 2013 | -0.6% | £298,560 |
| June 2012 | 1.2% | £300,350 |
| June 2011 | 2.6% | £296,855 |
| June 2010 | 4.3% | £289,421 |
| June 2009 | -8.8% | £277,463 |
| June 2008 | -2.9% | £304,376 |
| June 2007 | 0% | £313,617 |
Rental Market Trends
The current average rental value in the postcode is £1,676.
The TR11 2TR Rental Market has increased by 78.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,676pcm |
| June 2025 | 6.8% | £1,591pcm |
| June 2024 | 7.6% | £1,490pcm |
| June 2023 | 1.4% | £1,384pcm |
| June 2022 | 12.9% | £1,365pcm |
| June 2021 | 16.5% | £1,209pcm |
| June 2020 | 2.4% | £1,038pcm |
| June 2019 | 0.3% | £1,014pcm |
| June 2018 | 4.7% | £1,011pcm |
| June 2017 | 2.5% | £965pcm |
| June 2016 | 0.6% | £941pcm |
| June 2015 | 2.2% | £935pcm |
| June 2014 | 3.9% | £915pcm |
| June 2013 | -1.2% | £881pcm |
| June 2012 | 0.6% | £891pcm |
| June 2011 | 2.9% | £886pcm |
| June 2010 | 7.8% | £861pcm |
| June 2009 | -8.2% | £799pcm |
| June 2008 | 1.4% | £870pcm |
| June 2007 | 0% | £858pcm |
Sales History
The last sale was on 24th October 2023 for £510,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 6 sales since 1995.
TR11 2TR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2023£510,000 | 4 Bed HouseMirador, Penwerris Lane, Falmouth, TR11 2TRMirador, Penwerris Lane, Falmouth, TR11 2TR
- Sold Aug 2023£262,500 | 3 Bed HouseRose Cottage, Penwerris Lane, Falmouth, TR11 2TRRose Cottage, Penwerris Lane, Falmouth, TR11 2TR
- Sold Sep 2021£662,000 | 4 Bed HouseTehidy, Penwerris Lane, Falmouth, TR11 2TRTehidy, Penwerris Lane, Falmouth, TR11 2TR
- Sold Jul 2016£340,000 | 4 Bed HouseMirador, Penwerris Lane, Falmouth, TR11 2TRMirador, Penwerris Lane, Falmouth, TR11 2TR
- Sold Nov 2012£145,000 | 3 Bed HouseRose Cottage, Penwerris Lane, Falmouth, TR11 2TRRose Cottage, Penwerris Lane, Falmouth, TR11 2TR
Nearby Postcodes
TR11 2TR is the 77th largest and the 609th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 2SZ, Tehidy Terrace, Falmouth, TR11TR11 2SZ13 Addresses|53 m away
- TR11 2QD, Penwerris Lane, Falmouth, TR11TR11 2QD8 Addresses|54 m away
- TR11 2PN, Tresawle Road, Falmouth, TR11TR11 2PN37 Addresses|77 m away
- TR11 2PG, Riverview, Falmouth, TR11TR11 2PG18 Addresses|99 m away
- TR11 2PP, Bowles Road, Falmouth, TR11TR11 2PP32 Addresses|116 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- period house (1)
- modern house (1)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (0)
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 School700 m away
- King Charles Church of England Primary School1.6 km away
- Falmouth School1.3 km away
- Penryn College2.7 km away
- Richard Lander School10.9 km away
More reading links
Public Transport Nearby
The closest station to TR11 2TR is Penmere station, which is 1.5 kilometres away.
- Penmere|1.5 km away
- Falmouth Town|1.9 km away
- Falmouth Docks|2.1 km away
- Penryn (Cornwall)|2.4 km away
