TR18 2GZ is a residential postcode situated on Jennings Street, Penzance, TR18 with 37 addresses.
It ranks as the 774th largest and 423rd most expensive of the 841 postcodes in the TR18 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 37 properties: 37 flats.
TR18 2GZ is a residential postcode situated on Jennings Street, Penzance, TR18 with 37 addresses.
It ranks as the 774th largest and 423rd most expensive of the 841 postcodes in the TR18 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 37 properties: 37 flats.
Sale prices range from £164,348 for 1 bedroom leasehold flats with a balcony (312 ft2) to £391,041 for 3 bedroom leasehold flats with a balcony (1,356 ft2) .
Monthly rental prices range from £538 pcm for 1 bed flats to £947 pcm for 3 bed flats.
The gross rental yield is between 2.9% and 3.9%.
The average value per square foot is £374.
The last sale in TR18 2GZ sold for £117,430 on 28th March 2024. Since then prices are down an average of 2.1%.
The current average value in the postcode is £261,897.
The TR18 2GZ Sales Market has increased by 29.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £261,897 |
| April 2025 | -1% | £265,723 |
| April 2024 | -0.1% | £268,494 |
| April 2023 | 1.5% | £268,863 |
| April 2022 | 13.1% | £264,790 |
| April 2021 | 10.2% | £234,140 |
| April 2020 | 0.2% | £212,407 |
| April 2019 | 1.1% | £212,042 |
| April 2018 | 1.4% | £209,836 |
| April 2017 | 2.3% | £206,915 |
| April 2016 | 4.3% | £202,193 |
| April 2015 | 0.7% | £193,832 |
| April 2014 | 1.8% | £192,533 |
| April 2013 | 1.9% | £189,074 |
| April 2012 | 0.3% | £185,496 |
| April 2011 | -2% | £184,881 |
| April 2010 | 1.8% | £188,593 |
| April 2009 | -11.3% | £185,242 |
| April 2008 | -3.1% | £208,852 |
| April 2007 | 0% | £215,553 |
The current average rental value in the postcode is £726.
The TR18 2GZ Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6.8% | £726pcm |
| April 2025 | 8.5% | £679pcm |
| April 2024 | 4.9% | £626pcm |
| April 2023 | 4.4% | £597pcm |
| April 2022 | 7.3% | £571pcm |
| April 2021 | 8.9% | £533pcm |
| April 2020 | 3.1% | £489pcm |
| April 2019 | 2.5% | £474pcm |
| April 2018 | 0.4% | £463pcm |
| April 2017 | -0.6% | £461pcm |
| April 2016 | -1.1% | £464pcm |
| April 2015 | 3.4% | £469pcm |
| April 2014 | 2.8% | £454pcm |
| April 2013 | -1% | £441pcm |
| April 2012 | 2% | £446pcm |
| April 2011 | 1.3% | £437pcm |
| April 2010 | 0.2% | £432pcm |
| April 2009 | -5.8% | £431pcm |
| April 2008 | 3.9% | £457pcm |
| April 2007 | 0% | £440pcm |
The last sale was on 28th March 2024 for £117,430 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 52 sales since 1995.
TR18 2GZ has seen 2 sales in the last three years and no sales in the last twelve months.
TR18 2GZ is the 774th largest and the 423rd most expensive postcode out of the 841 postcodes in the TR18 area.
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The closest station to TR18 2GZ is Penzance station which is 300 metres away.
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