TR11 5EP is a residential postcode situated on The Square, Mawnan Smith, Falmouth, TR11 with 23 addresses.
It ranks as the 756th largest and 223rd 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 23 properties: 12 houses and 11 flats.
TR11 5EP is a residential postcode situated on The Square, Mawnan Smith, Falmouth, TR11 with 23 addresses.
It ranks as the 756th largest and 223rd 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 23 properties: 12 houses and 11 flats.
Sale prices range from £183,777 for 2 bedroom leasehold flats (538 ft2) to £575,166 for 4 bedroom freehold houses with a garden (1,301 ft2) .
Monthly rental prices range from £1,274 pcm for 2 bed flats to £2,323 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 8.5%.
The average value per square foot is £320.
The last sale in TR11 5EP sold for £285,000 on 18th February 2025. Since then prices are down an average of 3.1%.
The current average value in the postcode is £304,864.
The TR11 5EP Sales Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £304,864 |
| April 2025 | -0.3% | £315,290 |
| April 2024 | -0.9% | £316,236 |
| April 2023 | 1.7% | £319,236 |
| April 2022 | 14.1% | £313,881 |
| April 2021 | 6% | £275,177 |
| April 2020 | 3.1% | £259,569 |
| April 2019 | 0.3% | £251,677 |
| April 2018 | 2.8% | £250,904 |
| April 2017 | 3.6% | £244,152 |
| April 2016 | 7.3% | £235,690 |
| April 2015 | 6.5% | £219,574 |
| April 2014 | 0.7% | £206,114 |
| April 2013 | 0.5% | £204,744 |
| April 2012 | 0.3% | £203,632 |
| April 2011 | 2.5% | £203,066 |
| April 2010 | 1.3% | £198,207 |
| April 2009 | -9% | £195,709 |
| April 2008 | -0.9% | £214,990 |
| April 2007 | 0% | £217,021 |
The current average rental value in the postcode is £1,579.
The TR11 5EP Rental Market has increased by 81.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,579pcm |
| April 2025 | 9% | £1,516pcm |
| April 2024 | 10.4% | £1,391pcm |
| April 2023 | 1.4% | £1,261pcm |
| April 2022 | 15.6% | £1,244pcm |
| April 2021 | 14.1% | £1,076pcm |
| April 2020 | 2.7% | £943pcm |
| April 2019 | -0.8% | £919pcm |
| April 2018 | 4.3% | £926pcm |
| April 2017 | 2% | £889pcm |
| April 2016 | 1.5% | £871pcm |
| April 2015 | 2.6% | £858pcm |
| April 2014 | 2.4% | £837pcm |
| April 2013 | -0.3% | £817pcm |
| April 2012 | 0.3% | £819pcm |
| April 2011 | 4% | £816pcm |
| April 2010 | 2.9% | £785pcm |
| April 2009 | -5.8% | £763pcm |
| April 2008 | -4.1% | £810pcm |
| April 2007 | 0% | £845pcm |
The last sale was on 18th February 2025 for £285,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 17 sales since 1995.
TR11 5EP has seen 4 sales in the last three years and no sales in the last twelve months.
TR11 5EP is the 756th largest and the 223rd most expensive postcode out of the 978 postcodes in the TR11 area.
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The closest station to TR11 5EP is Penmere station which is 4.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TR11 5EP, 43.5% of property is privately owned outright and 20.6% is socially rented.
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 5EP, 15.6% of residents are recorded as possessing school level qualifications and 35.5% 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 5EP, the average age was 43.5 and the most common age was 17.
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 5EP, 0.7% 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 5EP, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.