TR11 5NQ is a residential postcode situated on Penoweth, Mylor Bridge, Falmouth, TR11 with 32 addresses.
It ranks as the 862nd largest and 734th most expensive of the 978 postcodes in the TR11 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
TR11 5NQ is a residential postcode situated on Penoweth, Mylor Bridge, Falmouth, TR11 with 32 addresses.
It ranks as the 862nd largest and 734th most expensive of the 978 postcodes in the TR11 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 houses.
Sale prices range from £248,329 for 2 bedroom freehold houses with a garden (495 ft2) to £647,078 for 4 bedroom freehold houses with a garden (1,612 ft2) .
Monthly rental prices range from £1,396 pcm for 2 bed houses to £2,201 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 7.2%.
The average value per square foot is £478.
The last sale in TR11 5NQ sold for £535,000 on 25th October 2024. Since then prices are down an average of 4.4%.
The current average value in the postcode is £481,033.
The TR11 5NQ Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £481,033 |
| April 2025 | 0.2% | £500,795 |
| April 2024 | -1.1% | £499,676 |
| April 2023 | 1.7% | £505,270 |
| April 2022 | 15.2% | £496,670 |
| April 2021 | 6.4% | £431,200 |
| April 2020 | 2.5% | £405,180 |
| April 2019 | 1.1% | £395,183 |
| April 2018 | 4% | £390,718 |
| April 2017 | 4.2% | £375,550 |
| April 2016 | 7.6% | £360,409 |
| April 2015 | 6.7% | £334,805 |
| April 2014 | 0.7% | £313,830 |
| April 2013 | 1.5% | £311,730 |
| April 2012 | 0.8% | £307,057 |
| April 2011 | 2.9% | £304,537 |
| April 2010 | 2.2% | £295,871 |
| April 2009 | -9.8% | £289,550 |
| April 2008 | -0.6% | £321,025 |
| April 2007 | 0% | £323,059 |
The current average rental value in the postcode is £1,910.
The TR11 5NQ Rental Market has increased by 86.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,910pcm |
| April 2025 | 9.2% | £1,845pcm |
| April 2024 | 10.1% | £1,690pcm |
| April 2023 | 1.4% | £1,535pcm |
| April 2022 | 17% | £1,514pcm |
| April 2021 | 14.8% | £1,295pcm |
| April 2020 | 2.3% | £1,128pcm |
| April 2019 | -0.3% | £1,102pcm |
| April 2018 | 5.3% | £1,105pcm |
| April 2017 | 2.7% | £1,050pcm |
| April 2016 | 1.7% | £1,022pcm |
| April 2015 | 2.7% | £1,005pcm |
| April 2014 | 2.7% | £979pcm |
| April 2013 | 0.7% | £954pcm |
| April 2012 | 0.7% | £947pcm |
| April 2011 | 4.4% | £940pcm |
| April 2010 | 4.2% | £901pcm |
| April 2009 | -6.7% | £865pcm |
| April 2008 | -3.9% | £927pcm |
| April 2007 | 0% | £965pcm |
The last sale was on 25th October 2024 for £535,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 45 sales since 1995.
TR11 5NQ has seen 5 sales in the last three years and no sales in the last twelve months.
TR11 5NQ is the 862nd largest and the 734th most expensive postcode out of the 978 postcodes in the TR11 area.
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The closest station to TR11 5NQ is Penryn (Cornwall) station which is 2.7 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around TR11 5NQ, 68.1% of property is privately owned outright and 19.8% is privately 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 5NQ, 8.4% of residents are recorded as possessing school level qualifications and 41.7% 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 5NQ, the average age was 49.4 and the most common age was 72.
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 5NQ, 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 5NQ, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.