Smithick Hill - TR11 3AX
Key Postcode Insights
TR11 3AX is a residential postcode situated on Smithick Hill, Falmouth, TR11 with 18 addresses.
It ranks as the 654th largest and 154th most expensive of the 978 postcodes in the TR11 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 18 properties: 3 houses and 15 flats.
- Ave. Sale Price
- £288,165
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 72.8%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR11 3AX is a residential postcode situated on Smithick Hill, Falmouth, TR11 with 18 addresses.
It ranks as the 654th largest and 154th most expensive of the 978 postcodes in the TR11 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 18 properties: 3 houses and 15 flats.
- Ave. Sale Price
- £288,165
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 72.8%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin TR11 3AX
- Boswynn
5 Bed Modern House
- Pennycomequick
Building  |  2 Flats
- Pirates Rest
4 Bed Modern House
- 1 Smithick Hill
Building  |  1 Flat
- 2 Smithick Hill
Building  |  1 Flat
Sales Market Trends
The last sale in TR11 3AX sold for £215,000 on 19th September 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £288,165.
The TR11 3AX Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £288,165 |
| June 2025 | -0.8% | £295,222 |
| June 2024 | 0.3% | £297,666 |
| June 2023 | 0.6% | £296,739 |
| June 2022 | 11% | £295,027 |
| June 2021 | 8.6% | £265,837 |
| June 2020 | 4.1% | £244,813 |
| June 2019 | 0.2% | £235,065 |
| June 2018 | 1% | £234,566 |
| June 2017 | 3.5% | £232,352 |
| June 2016 | 7.6% | £224,520 |
| June 2015 | 7.5% | £208,571 |
| June 2014 | 1.6% | £194,029 |
| June 2013 | -1% | £191,033 |
| June 2012 | 0.5% | £192,899 |
| June 2011 | 3.3% | £191,969 |
| June 2010 | 2.8% | £185,788 |
| June 2009 | -7.4% | £180,666 |
| June 2008 | -3.1% | £195,130 |
| June 2007 | 0% | £201,332 |
Rental Market Trends
The current average rental value in the postcode is £1,328.
The TR11 3AX Rental Market has increased by 72.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,328pcm |
| June 2025 | 5.7% | £1,269pcm |
| June 2024 | 8.5% | £1,200pcm |
| June 2023 | 0.9% | £1,106pcm |
| June 2022 | 12.1% | £1,096pcm |
| June 2021 | 16.7% | £978pcm |
| June 2020 | 2.9% | £837pcm |
| June 2019 | -0.5% | £814pcm |
| June 2018 | 4% | £818pcm |
| June 2017 | 2.4% | £787pcm |
| June 2016 | 0.7% | £768pcm |
| June 2015 | 1.8% | £763pcm |
| June 2014 | 3.8% | £750pcm |
| June 2013 | -1.8% | £722pcm |
| June 2012 | 0% | £735pcm |
| June 2011 | 3.4% | £735pcm |
| June 2010 | 6.7% | £711pcm |
| June 2009 | -6.8% | £667pcm |
| June 2008 | 0.8% | £715pcm |
| June 2007 | 0% | £710pcm |
Sales History
The last sale was on 19th September 2025 for £215,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 34 sales since 1995.
TR11 3AX has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Sep 2025£215,000 | 2 Bed Flat1 Fountain Court, Smithick Hill, Falmouth, TR11 3AX1 Fountain Court, Smithick Hill, Falmouth, TR11 3AX
- Sold Sep 2025£215,000 | 2 Bed Flat1 Bells Chapel, Smithick Hill, Falmouth, TR11 3AX1 Bells Chapel, Smithick Hill, Falmouth, TR11 3AX
- Sold Mar 2025£300,000 | 2 Bed Flat8 Fountain Court, Smithick Hill, Falmouth, TR11 3AX8 Fountain Court, Smithick Hill, Falmouth, TR11 3AX
- Sold Nov 2023£725,000 | 5 Bed HouseBoswynn, Smithick Hill, Falmouth, TR11 3AXBoswynn, Smithick Hill, Falmouth, TR11 3AX
- Sold Jun 2021£221,500 | 2 Bed Flat3 Fountain Court, Smithick Hill, Falmouth, TR11 3AX3 Fountain Court, Smithick Hill, Falmouth, TR11 3AX
Nearby Postcodes
TR11 3AX is the 654th largest and the 154th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 3BA, Budock Water, Falmouth, TR11TR11 3BA3 Addresses|22 m away
- TR11 3AF, Market Street, Falmouth, TR11TR11 3AF1 Addresses|40 m away
- TR11 3AZ, Bells Court, Falmouth, TR11TR11 3AZ3 Addresses|45 m away
- TR11 3AY, Smithick Hill, Falmouth, TR11TR11 3AY2 Addresses|45 m away
- TR11 3BE, Vernon Place, Falmouth, TR11TR11 3BE35 Addresses|54 m away
Property Types
- 2 modern houses built after 1980
- 16 modern flats built after 1980
- modern house (2)
- modern flat (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (9)
- F (0)
- C (7)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2023£725,000 | 5 Bed HouseBoswynn, Smithick Hill, Falmouth, TR11 3AXBoswynn, Smithick Hill, Falmouth, TR11 3AX
- Sold Apr 2016£415,000 | 2 Bed Flat10 Fountain Court, Smithick Hill, Falmouth, TR11 3AX10 Fountain Court, Smithick Hill, Falmouth, TR11 3AX
- Sold Nov 2020£360,000 | 2 Bed Flat10 Fountain Court, Smithick Hill, Falmouth, TR11 3AX10 Fountain Court, Smithick Hill, Falmouth, TR11 3AX
Schools Nearby
- Falmouth Primary Academy700 m away
- King Charles Church of England Primary School800 m away
- Flushing School1.0 km away
- Falmouth School1.8 km away
- Penryn College3.5 km away
- Richard Lander School11.9 km away
More reading links
Public Transport Nearby
The closest station to TR11 3AX is Falmouth Town station, which is 800 metres away.
- Falmouth Town|800 m away
- Penmere|1.1 km away
- Falmouth Docks|1.1 km away
- Penryn (Cornwall)|3.4 km away