Penare Gardens - TR18 2AR
Key Postcode Insights
TR18 2AR is a residential postcode situated on Penare Gardens, Penzance, TR18 with 7 addresses.
It ranks as the 295th largest and 386th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £243,497
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,096pcm
- 10 Year change
- up 65.8%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
TR18 2AR is a residential postcode situated on Penare Gardens, Penzance, TR18 with 7 addresses.
It ranks as the 295th largest and 386th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £243,497
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,096pcm
- 10 Year change
- up 65.8%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin TR18 2AR
- 1 Penare Gardens
Building | 1 Flat
- 2 Penare Gardens
Building | 1 Flat
- 3 Penare Gardens
3 Bed Mid-century House
- 4 Penare Gardens
3 Bed Mid-century House
- 5 Penare Gardens
Unknown
Sales Market Trends
The last sale in TR18 2AR sold for £75,000 on 27th May 2025. Since then prices are up an average of 51.7%.
The current average value in the postcode is £243,497.
The TR18 2AR Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £243,497 |
| June 2025 | -2.1% | £249,182 |
| June 2024 | 1.6% | £254,564 |
| June 2023 | -2.1% | £250,528 |
| June 2022 | 14.9% | £255,871 |
| June 2021 | 15.8% | £222,702 |
| June 2020 | 1.2% | £192,326 |
| June 2019 | 0% | £190,098 |
| June 2018 | 3.9% | £190,060 |
| June 2017 | 4.5% | £182,894 |
| June 2016 | 3.4% | £175,091 |
| June 2015 | 1.7% | £169,330 |
| June 2014 | 1.8% | £166,442 |
| June 2013 | 1.8% | £163,475 |
| June 2012 | -0.1% | £160,577 |
| June 2011 | -1.7% | £160,768 |
| June 2010 | 5.5% | £163,487 |
| June 2009 | -11.9% | £154,993 |
| June 2008 | -3.3% | £175,842 |
| June 2007 | 0% | £181,805 |
Rental Market Trends
The current average rental value in the postcode is £1,096.
The TR18 2AR Rental Market has increased by 65.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £1,096pcm |
| June 2025 | 8.2% | £1,036pcm |
| June 2024 | 4.9% | £957pcm |
| June 2023 | 4.8% | £912pcm |
| June 2022 | 9% | £870pcm |
| June 2021 | 12.3% | £798pcm |
| June 2020 | 1.4% | £711pcm |
| June 2019 | 3.8% | £700pcm |
| June 2018 | 2.1% | £675pcm |
| June 2017 | -0.1% | £661pcm |
| June 2016 | 1.1% | £661pcm |
| June 2015 | 2.1% | £654pcm |
| June 2014 | 3.1% | £641pcm |
| June 2013 | -0.8% | £622pcm |
| June 2012 | 1.5% | £626pcm |
| June 2011 | 1.6% | £617pcm |
| June 2010 | 4.2% | £608pcm |
| June 2009 | -7.6% | £583pcm |
| June 2008 | 4.5% | £631pcm |
| June 2007 | 0% | £604pcm |
Sales History
The last sale was on 27th May 2025 for £75,000 and since then the market in the area has increased by 51.7%. The postcode has had a total of 14 sales since 1995.
TR18 2AR has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£75,000 | 2 Bed House1, Penare Gardens, Penzance, TR18 2AR1, Penare Gardens, Penzance, TR18 2AR
- Sold May 2025£75,000 | 3 Bed Flat1 Penare Court, Penare Gardens, Penzance, TR18 2AR1 Penare Court, Penare Gardens, Penzance, TR18 2AR
- Sold Feb 2025£81,000 | 3 Bed House2, Penare Gardens, Penzance, TR18 2AR2, Penare Gardens, Penzance, TR18 2AR
- Sold Feb 2025£81,000 | 3 Bed Flat2 Penare Court, Penare Gardens, Penzance, TR18 2AR2 Penare Court, Penare Gardens, Penzance, TR18 2AR
- Sold Mar 2013£159,950 | 3 Bed House4, Penare Gardens, Penzance, TR18 2AR4, Penare Gardens, Penzance, TR18 2AR
Nearby Postcodes
TR18 2AR is the 295th largest and the 386th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2AS, Penare Gardens, Penzance, TR18TR18 2AS6 Addresses|21 m away
- TR18 2DT, Penare Terrace, Penzance, TR18TR18 2DT17 Addresses|46 m away
- TR18 2DS, Penare Terrace, Penzance, TR18TR18 2DS10 Addresses|49 m away
- TR18 2BG, Penare Road, Penzance, TR18TR18 2BG4 Addresses|56 m away
- TR18 2DR, St. Henry Street, Penzance, TR18TR18 2DR23 Addresses|73 m away
Property Types
- 2 period flats built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- period flat (2)
- mid-century house (2)
- mid-century flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (1)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold May 2024£250,000 | 2 Bed House6, Penare Gardens, Penzance, TR18 2AS6, Penare Gardens, Penzance, TR18 2AS
- Sold Mar 2007£174,250 | 3 Bed House9, Penare Gardens, Penzance, TR18 2AS9, Penare Gardens, Penzance, TR18 2AS
- Sold Dec 2006£173,000 | 2 Bed House6, Penare Gardens, Penzance, TR18 2AS6, Penare Gardens, Penzance, TR18 2AS
Schools Nearby
- St Mary's Catholic School, Penzance200 m away
- Pensans Community Primary School800 m away
- St Mary's CofE Primary School, Penzance1.2 km away
- Humphry Davy School300 m away
- Mounts Bay Academy1.4 km away
- St Ives School9.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 2AR is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.4 km away
- Lelant Saltings|9.1 km away
- Carbis Bay|9.6 km away
