Adelaide Street - TR18 2ER
Key Postcode Insights
TR18 2ER is a residential postcode situated on Adelaide Street, Penzance, TR18 with 53 addresses.
It ranks as the 825th largest and 258th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 53 houses.
- Ave. Sale Price
- £214,117
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
TR18 2ER is a residential postcode situated on Adelaide Street, Penzance, TR18 with 53 addresses.
It ranks as the 825th largest and 258th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 53 houses.
- Ave. Sale Price
- £214,117
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin TR18 2ER
- 4A Adelaide Street
3 Bed Period House
- 4 Adelaide Street
3 Bed Period House
- 5 Adelaide Street
2 Bed Period House
- 6 Adelaide Street
2 Bed Period House
- 7 Adelaide Street
2 Bed Period House
Sales Market Trends
The last sale in TR18 2ER sold for £245,000 on 19th December 2025. Since then prices are up an average of 2.1%.
The current average value in the postcode is £214,117.
The TR18 2ER Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £214,117 |
| June 2025 | -1.2% | £218,188 |
| June 2024 | 1.1% | £220,850 |
| June 2023 | -2.1% | £218,437 |
| June 2022 | 16.2% | £223,228 |
| June 2021 | 16.3% | £192,162 |
| June 2020 | 0.9% | £165,161 |
| June 2019 | -0.1% | £163,721 |
| June 2018 | 4.8% | £163,874 |
| June 2017 | 5% | £156,327 |
| June 2016 | 3.2% | £148,845 |
| June 2015 | 1.9% | £144,266 |
| June 2014 | 1.7% | £141,605 |
| June 2013 | 2.4% | £139,238 |
| June 2012 | 0% | £135,938 |
| June 2011 | -1.9% | £135,915 |
| June 2010 | 6.6% | £138,608 |
| June 2009 | -13.1% | £130,038 |
| June 2008 | -3.3% | £149,674 |
| June 2007 | 0% | £154,790 |
Rental Market Trends
The current average rental value in the postcode is £1,051.
The TR18 2ER Rental Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.3% | £1,051pcm |
| June 2025 | 9.2% | £989pcm |
| June 2024 | 4.4% | £905pcm |
| June 2023 | 4.8% | £867pcm |
| June 2022 | 10.2% | £828pcm |
| June 2021 | 12.8% | £751pcm |
| June 2020 | 1.2% | £666pcm |
| June 2019 | 3.7% | £658pcm |
| June 2018 | 3% | £634pcm |
| June 2017 | 0.5% | £616pcm |
| June 2016 | 0.8% | £613pcm |
| June 2015 | 2.3% | £608pcm |
| June 2014 | 3% | £594pcm |
| June 2013 | -0.1% | £577pcm |
| June 2012 | 1.6% | £578pcm |
| June 2011 | 1.3% | £569pcm |
| June 2010 | 5.4% | £562pcm |
| June 2009 | -9% | £533pcm |
| June 2008 | 4.5% | £586pcm |
| June 2007 | 0% | £560pcm |
Sales History
The last sale was on 19th December 2025 for £245,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 105 sales since 1995.
TR18 2ER has seen 10 sales in the last three years and 4 sales in the last twelve months.
- Sold Dec 2025£245,000 | 2 Bed House24, Adelaide Street, Penzance, TR18 2ER24, Adelaide Street, Penzance, TR18 2ER
- Sold Sep 2025£180,000 | 2 Bed House5, Adelaide Street, Penzance, TR18 2ER5, Adelaide Street, Penzance, TR18 2ER
- Sold Aug 2025£90,000 | 2 Bed House21, Adelaide Street, Penzance, TR18 2ER21, Adelaide Street, Penzance, TR18 2ER
- Sold Jul 2025£160,000 | 2 Bed House30, Adelaide Street, Penzance, TR18 2ER30, Adelaide Street, Penzance, TR18 2ER
- Sold Nov 2024£225,000 | 2 Bed House37, Adelaide Street, Penzance, TR18 2ER37, Adelaide Street, Penzance, TR18 2ER
Nearby Postcodes
TR18 2ER is the 825th largest and the 258th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2FQ, Camberwell Vean, Penzance, TR18TR18 2FQ12 Addresses|35 m away
- TR18 2HJ, Victoria Mews, Penzance, TR18TR18 2HJ8 Addresses|44 m away
- TR18 2DD, Albert Terrace, Penzance, TR18TR18 2DD11 Addresses|48 m away
- TR18 2FR, Penwith Street, Penzance, TR18TR18 2FR7 Addresses|50 m away
- TR18 2ET, Penwith Street, Penzance, TR18TR18 2ET14 Addresses|65 m away
Property Types
- 40 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 12 other addresses of unknown type
- period house (40)
- modern house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (3)
- C (6)
- G (4)
- D (23)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Aug 2022£272,500 | 3 Bed House58, Adelaide Street, Penzance, TR18 2ES58, Adelaide Street, Penzance, TR18 2ES
- Sold Dec 2025£245,000 | 2 Bed House24, Adelaide Street, Penzance, TR18 2ER24, Adelaide Street, Penzance, TR18 2ER
- Sold May 2024£232,500 | 3 Bed House15, Adelaide Street, Penzance, TR18 2ER15, Adelaide Street, Penzance, TR18 2ER
Schools Nearby
- St Mary's Catholic School, Penzance500 m away
- St Mary's CofE Primary School, Penzance900 m away
- Pensans Community Primary School900 m away
- Humphry Davy School500 m away
- Mounts Bay Academy1.7 km away
- St Ives School9.8 km away
More reading links
Public Transport Nearby
The closest station to TR18 2ER is Penzance station, which is 200 metres away.
- Penzance|200 m away
- St Erth|8.5 km away
- Lelant Saltings|9.3 km away
- Carbis Bay|9.8 km away