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Bricks&Logic is a trading name of Urban Markets Ltd
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Registered Address: 2 Leman St, London E1 8FA
TR18 2HQHouse Prices / South West, Cornwall, Penrose Terrace
Last updated May 2026
Key Postcode Insights
TR18 2HQ is a residential postcode situated on Penrose Terrace, Penzance, TR18 with 15 addresses.
It ranks as the 548th largest and 730th most expensive of the 841 postcodes in the TR18 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 10 houses and 5 flats.
15
Properties
- Houses
- Flats
Key Postcode Insights
TR18 2HQ is a residential postcode situated on Penrose Terrace, Penzance, TR18 with 15 addresses.
It ranks as the 548th largest and 730th most expensive of the 841 postcodes in the TR18 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 10 houses and 5 flats.
15
Properties
- Houses
- Flats
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House Pricesin TR18 2HQ
Sale prices range from £163,543 for 2 bedroom leasehold flats (645 ft2) to £571,652 for 5 bedroom freehold houses with a garden (2,529 ft2) .
Monthly rental prices range from £850 pcm for 2 bed flats to £1,931 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 6.2%.
The average value per square foot is £265.
Average Sale Value
£378,263
Average Rental Value
£1,362 pcm
Average Rental Yield
4.3% /year
Average Value Per Sqft
£265 /ft2
Sales Market Trendsin TR18 2HQ
The last sale in TR18 2HQ sold for £242,000 on 24th November 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £378,263.
The TR18 2HQ Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4% | £378,263 |
| April 2025 | -0.1% | £394,027 |
| April 2024 | 0.1% | £394,437 |
| April 2023 | 2.2% | £394,166 |
| April 2022 | 15.5% | £385,868 |
| April 2021 | 12.9% | £333,951 |
| April 2020 | -0.5% | £295,834 |
| April 2019 | 1.7% | £297,298 |
| April 2018 | 3.1% | £292,189 |
| April 2017 | 4.2% | £283,283 |
| April 2016 | 6.2% | £271,749 |
| April 2015 | 0.3% | £255,868 |
| April 2014 | 1.5% | £255,078 |
| April 2013 | 3.5% | £251,209 |
| April 2012 | 0.4% | £242,718 |
| April 2011 | -0.9% | £241,817 |
| April 2010 | 3% | £244,060 |
| April 2009 | -11.7% | £236,919 |
| April 2008 | -2.5% | £268,197 |
| April 2007 | 0% | £275,166 |
Rental Market Trendsin TR18 2HQ
The current average rental value in the postcode is £1,362.
The TR18 2HQ Rental Market has increased by 68.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,362pcm |
| April 2025 | 9.5% | £1,309pcm |
| April 2024 | 5.2% | £1,195pcm |
| April 2023 | 5.1% | £1,137pcm |
| April 2022 | 9.6% | £1,082pcm |
| April 2021 | 11.6% | £987pcm |
| April 2020 | 2.4% | £885pcm |
| April 2019 | 3.2% | £865pcm |
| April 2018 | 2.1% | £837pcm |
| April 2017 | 1.3% | £820pcm |
| April 2016 | 0.7% | £810pcm |
| April 2015 | 2.9% | £804pcm |
| April 2014 | 2.5% | £781pcm |
| April 2013 | 0.6% | £763pcm |
| April 2012 | 2% | £758pcm |
| April 2011 | 2.3% | £743pcm |
| April 2010 | 1.4% | £726pcm |
| April 2009 | -6.1% | £716pcm |
| April 2008 | 4.5% | £763pcm |
| April 2007 | 0% | £731pcm |
Properties and Buildingsin TR18 2HQ, Penrose Terrace, Penzance, TR18
- 3, Penrose Terrace, Penzance, TR18 Period building3 units
- 4, Penrose Terrace, Penzance, TR18 2HQ
- 5, Penrose Terrace, Penzance, TR18 2HQ4 bed house
- 6, Penrose Terrace, Penzance, TR18 2HQ
- 7, Penrose Terrace, Penzance, TR18 Period building2 units
- 8, Penrose Terrace, Penzance, TR18 2HQ5 bed period house
- 9, Penrose Terrace, Penzance, TR18 2HQ5 bed period house
- 10, Penrose Terrace, Penzance, TR18 2HQ4 bed house
- 11, Penrose Terrace, Penzance, TR18 2HQ
- 12, Penrose Terrace, Penzance, TR18 Period building3 units
Sales Historyin TR18 2HQ
The last sale was on 24th November 2025 for £242,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 34 sales since 1995.
TR18 2HQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
Sold Nov 2025£242,000 | 3 Bed HousePenrose Terrace12A, Penrose Terrace, Penzance, TR18 2HQ
Sold Mar 2024£695,000 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold Jul 2023£650,000 | 5 Bed HousePenrose Terrace12, Penrose Terrace, Penzance, TR18 2HQ
Sold Nov 2022£400,000 | 4 Bed HousePenrose Terrace4, Penrose Terrace, Penzance, TR18 2HQ
Sold Mar 2021£520,000 | 2 Bed FlatPenrose TerraceRear Of 7, Penrose Terrace, Penzance, TR18 2HQ
Sold Mar 2021£520,000 | 4 Bed HousePenrose Terrace7, Penrose Terrace, Penzance, TR18 2HQ
Sold Apr 2018£400,000 | 2 Bed FlatPenrose TerraceRear Of 7, Penrose Terrace, Penzance, TR18 2HQ
Sold Apr 2018£400,000 | 4 Bed HousePenrose Terrace7, Penrose Terrace, Penzance, TR18 2HQ
Sold Dec 2017£410,000 | 5 Bed HousePenrose Terrace8, Penrose Terrace, Penzance, TR18 2HQ
Sold Oct 2016£122,000 | 2 Bed Flat3, Penrose TerraceFlat 2, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Aug 2016£400,000 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold Jul 2016£135,000 | 2 Bed Flat3, Penrose TerraceFlat 1, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Mar 2016£450,000 | 4 Bed HousePenrose Terrace5, Penrose Terrace, Penzance, TR18 2HQ
Sold Sep 2015£156,500 | 3 Bed HousePenrose Terrace12A, Penrose Terrace, Penzance, TR18 2HQ
Sold Jul 2014£340,000 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold Oct 2011£385,000 | 5 Bed HousePenrose Terrace12, Penrose Terrace, Penzance, TR18 2HQ
Sold Nov 2010£347,500 | 4 Bed HousePenrose Terrace10, Penrose Terrace, Penzance, TR18 2HQ
Sold May 2010£340,000 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold Jan 2007£122,000 | 2 Bed Flat3, Penrose TerraceFlat 2, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Aug 2005£120,000 | 2 Bed Flat3, Penrose TerraceFlat 1, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Feb 2004£130,000 | 3 Bed HousePenrose Terrace12A, Penrose Terrace, Penzance, TR18 2HQ
Sold Mar 2003£85,000 | 3 Bed FlatPenrose Terrace3, Penrose Terrace, Penzance, TR18 2HQ
Sold Nov 2002£89,950 | 2 Bed Flat3, Penrose TerraceFlat 1, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Oct 2002£295,000 | 5 Bed HousePenrose Terrace12, Penrose Terrace, Penzance, TR18 2HQ
Sold Jun 2002£84,950 | 3 Bed HousePenrose Terrace12A, Penrose Terrace, Penzance, TR18 2HQ
Sold Aug 2001£120,000 | 4 Bed HousePenrose Terrace5, Penrose Terrace, Penzance, TR18 2HQ
Sold Dec 2000£147,500 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold May 2000£130,000 | 5 Bed HousePenrose Terrace11, Penrose Terrace, Penzance, TR18 2HQ
Sold Aug 1998£41,000 | 2 Bed Flat3, Penrose TerraceFlat 1, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Dec 1997£37,750 | 2 Bed Flat3, Penrose TerraceFlat 1, 3, Penrose Terrace, Penzance, TR18 2HQ
Sold Dec 1995£78,000 | 5 Bed HousePenrose Terrace9, Penrose Terrace, Penzance, TR18 2HQ
Sold Dec 1995£74,000 | 5 Bed HousePenrose Terrace12, Penrose Terrace, Penzance, TR18 2HQ
Sold Feb 1995£115,000 | 2 Bed FlatPenrose TerraceRear Of 7, Penrose Terrace, Penzance, TR18 2HQ
Sold Feb 1995£115,000 | 4 Bed HousePenrose Terrace7, Penrose Terrace, Penzance, TR18 2HQ
Nearby Postcodesto TR18 2HQ
TR18 2HQ is the 548th largest and the 730th most expensive postcode out of the 841 postcodes in the TR18 area.
- 42 mTR18 2HG, Penzance, TR18TR18 2HG7 Addresses
- 50 mTR18 3AB, Lannoweth Road, Penzance, TR18TR18 3AB73 Addresses
- 51 mTR18 2TB, East Terrace, Penzance, TR18TR18 2TB38 Addresses
- 57 mTR18 2TE, Mabbots Court, Penzance, TR18TR18 2TE27 Addresses
- 79 mTR18 3AA, Lannoweth Road, Penzance, TR18TR18 3AA4 Addresses
- 91 mTR18 2HA, Leskinnick Street, Penzance, TR18TR18 2HA6 Addresses
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Property Typesin TR18 2HQ
- 2 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (2)
- period flat (8)
- house (2)
- Unknown (3)
Energy Efficiencyof properties in TR18 2HQ
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (9)
Top 3 Most Expensive Saleson Penrose Terrace
Schools Nearbyto TR18 2HQ
The nearest primary school to TR18 2HQ is St Mary's Catholic School, Penzance which is 444 metres away.
- 444mSt Mary's Catholic School, Penzance
- 1.0kmPensans Community Primary School
- 1.1kmSt Mary's CofE Primary School, Penzance
The nearest secondary school is Humphry Davy School which is 585 metres away.
- 585mHumphry Davy School
- 1.8kmMounts Bay Academy
- 9.6kmSt Ives School
More reading links
Public Transport Nearbyto TR18 2HQ
The closest station to TR18 2HQ is Penzance station which is 100 metres away.
- 143mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
- 9.6kmCarbis Bay
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