TR11 3BE is a residential postcode situated on Vernon Place, Falmouth, TR11 with 35 addresses.
It ranks as the 879th largest and 488th most expensive of the 978 postcodes in the TR11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 31 houses and 4 flats.
TR11 3BE is a residential postcode situated on Vernon Place, Falmouth, TR11 with 35 addresses.
It ranks as the 879th largest and 488th most expensive of the 978 postcodes in the TR11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 31 houses and 4 flats.
Sale prices range from £178,527 for 2 bedroom leasehold flats (387 ft2) to £494,545 for 4 bedroom freehold houses with a garden (1,668 ft2) .
Monthly rental prices range from £1,228 pcm for 2 bed flats to £2,217 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 8.3%.
The average value per square foot is £363.
The last sale in TR11 3BE sold for £265,000 on 12th January 2026. Since then prices are up an average of 0.6%.
The current average value in the postcode is £345,719.
The TR11 3BE Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £345,719 |
| April 2025 | -0.4% | £357,510 |
| April 2024 | -0.3% | £358,879 |
| April 2023 | 1.7% | £359,969 |
| April 2022 | 12.8% | £353,957 |
| April 2021 | 6.7% | £313,875 |
| April 2020 | 3.3% | £294,245 |
| April 2019 | -0.3% | £284,903 |
| April 2018 | 3.7% | £285,804 |
| April 2017 | 2.8% | £275,620 |
| April 2016 | 8.2% | £268,123 |
| April 2015 | 7.5% | £247,748 |
| April 2014 | 0.8% | £230,453 |
| April 2013 | 0.6% | £228,674 |
| April 2012 | 0.2% | £227,276 |
| April 2011 | 3.5% | £226,877 |
| April 2010 | 1.2% | £219,137 |
| April 2009 | -9.3% | £216,544 |
| April 2008 | -1.5% | £238,651 |
| April 2007 | 0% | £242,221 |
The current average rental value in the postcode is £1,871.
The TR11 3BE Rental Market has increased by 88.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,871pcm |
| April 2025 | 9.4% | £1,797pcm |
| April 2024 | 12.3% | £1,643pcm |
| April 2023 | -0.1% | £1,464pcm |
| April 2022 | 18.1% | £1,464pcm |
| April 2021 | 15.4% | £1,240pcm |
| April 2020 | 2.8% | £1,075pcm |
| April 2019 | -2.3% | £1,046pcm |
| April 2018 | 5.6% | £1,071pcm |
| April 2017 | 2.2% | £1,014pcm |
| April 2016 | 1.7% | £992pcm |
| April 2015 | 2.4% | £976pcm |
| April 2014 | 2.6% | £953pcm |
| April 2013 | -0.5% | £929pcm |
| April 2012 | 0% | £934pcm |
| April 2011 | 4.5% | £934pcm |
| April 2010 | 4% | £894pcm |
| April 2009 | -6% | £859pcm |
| April 2008 | -7.4% | £914pcm |
| April 2007 | 0% | £987pcm |
The last sale was on 12th January 2026 for £265,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 48 sales since 1995.
TR11 3BE has seen 5 sales in the last three years and 1 sale in the last twelve months.
TR11 3BE is the 879th largest and the 488th most expensive postcode out of the 978 postcodes in the TR11 area.
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The closest station to TR11 3BE is Falmouth Town station which is 800 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around TR11 3BE, 63.4% of property is privately rented and 23.6% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR11 3BE, 43.2% of residents are recorded as possessing school level qualifications and 43.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR11 3BE, the average age was 41.6 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR11 3BE, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR11 3BE, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.