Penare Terrace - TR18 2DT
Key Postcode Insights
TR18 2DT is a residential postcode situated on Penare Terrace, Penzance, TR18 with 17 addresses.
It ranks as the 592nd largest and 216th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 17 properties: 6 houses and 11 flats.
- Ave. Sale Price
- £230,746
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 64.6%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
TR18 2DT is a residential postcode situated on Penare Terrace, Penzance, TR18 with 17 addresses.
It ranks as the 592nd largest and 216th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 17 properties: 6 houses and 11 flats.
- Ave. Sale Price
- £230,746
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 64.6%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin TR18 2DT
- Penmegan
Unknown
- 5 Penare Terrace
Building  |  2 Flats
- 6 Penare Terrace
Unknown
- 7 Penare Terrace
Building  |  2 Flats
- 8 Penare Terrace
5 Bed Period House
Sales Market Trends
The last sale in TR18 2DT sold for £275,000 on 10th November 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £230,746.
The TR18 2DT Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £230,746 |
| June 2025 | -2.6% | £237,024 |
| June 2024 | 2% | £243,334 |
| June 2023 | -2.2% | £238,588 |
| June 2022 | 14.6% | £243,903 |
| June 2021 | 15.8% | £212,847 |
| June 2020 | 1.3% | £183,766 |
| June 2019 | 0.3% | £181,374 |
| June 2018 | 3.7% | £180,820 |
| June 2017 | 4.3% | £174,328 |
| June 2016 | 3.7% | £167,140 |
| June 2015 | 1.6% | £161,106 |
| June 2014 | 1.7% | £158,577 |
| June 2013 | 1.5% | £155,936 |
| June 2012 | -0.3% | £153,607 |
| June 2011 | -1.3% | £154,039 |
| June 2010 | 4.9% | £156,055 |
| June 2009 | -10.7% | £148,828 |
| June 2008 | -3.4% | £166,680 |
| June 2007 | 0% | £172,570 |
Rental Market Trends
The current average rental value in the postcode is £972.
The TR18 2DT Rental Market has increased by 64.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £972pcm |
| June 2025 | 7.7% | £922pcm |
| June 2024 | 5.3% | £856pcm |
| June 2023 | 4.7% | £813pcm |
| June 2022 | 8.7% | £776pcm |
| June 2021 | 12.4% | £714pcm |
| June 2020 | 1.6% | £635pcm |
| June 2019 | 4.1% | £625pcm |
| June 2018 | 1.9% | £601pcm |
| June 2017 | -0.2% | £589pcm |
| June 2016 | 1.4% | £591pcm |
| June 2015 | 2% | £582pcm |
| June 2014 | 2.9% | £571pcm |
| June 2013 | -1% | £555pcm |
| June 2012 | 1.3% | £561pcm |
| June 2011 | 1.9% | £553pcm |
| June 2010 | 3.6% | £543pcm |
| June 2009 | -6.4% | £524pcm |
| June 2008 | 4.4% | £560pcm |
| June 2007 | 0% | £536pcm |
Sales History
The last sale was on 10th November 2025 for £275,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 18 sales since 1995.
TR18 2DT has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Nov 2025£275,000 | 5 Bed House8, Penare Terrace, Penzance, TR18 2DT8, Penare Terrace, Penzance, TR18 2DT
- Sold Sep 2025£185,000 | 2 Bed FlatFlat 2, 9, Penare Terrace, Penzance, TR18 2DTFlat 2, 9, Penare Terrace, Penzance, TR18 2DT
- Sold Jul 2024£350,000 | 3 Bed Flat7, Penare Terrace, Penzance, TR18 2DT7, Penare Terrace, Penzance, TR18 2DT
- Sold May 2022£261,000 | 4 Bed House12, Penare Terrace, Penzance, TR18 2DT12, Penare Terrace, Penzance, TR18 2DT
- Sold Aug 2018£185,000 | 3 Bed Flat5, Penare Terrace, Penzance, TR18 2DT5, Penare Terrace, Penzance, TR18 2DT
Nearby Postcodes
TR18 2DT is the 592nd largest and the 216th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2DR, St. Henry Street, Penzance, TR18TR18 2DR23 Addresses|28 m away
- TR18 2AS, Penare Gardens, Penzance, TR18TR18 2AS6 Addresses|35 m away
- TR18 2DS, Penare Terrace, Penzance, TR18TR18 2DS10 Addresses|42 m away
- TR18 2AR, Penare Gardens, Penzance, TR18TR18 2AR7 Addresses|46 m away
- TR18 2HD, St. Johns Terrace, Penzance, TR18TR18 2HD8 Addresses|57 m away
Property Types
- 3 period houses built between 1800 and 1911
- 12 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (3)
- period flat (12)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (3)
- G (0)
- D (7)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2024£395,000 | 4 Bed House1, Penare Terrace, Penzance, TR18 2DS1, Penare Terrace, Penzance, TR18 2DS
- Sold Jul 2024£350,000 | 3 Bed Flat7, Penare Terrace, Penzance, TR18 2DT7, Penare Terrace, Penzance, TR18 2DT
- Sold Sep 2021£345,250 | 4 Bed House4, Penare Terrace, Penzance, TR18 2DS4, Penare Terrace, Penzance, TR18 2DS
Schools Nearby
- St Mary's Catholic School, Penzance200 m away
- Pensans Community Primary School800 m away
- St Mary's CofE Primary School, Penzance1.1 km away
- Humphry Davy School300 m away
- Mounts Bay Academy1.5 km away
- St Ives School9.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 2DT is Penzance station, which is 400 metres away.
- Penzance|400 m away
- St Erth|8.4 km away
- Lelant Saltings|9.2 km away
- Carbis Bay|9.6 km away
