Market Place - TR18 2JB
Key Postcode Insights
TR18 2JB is a residential postcode situated on Market Place, Penzance, TR18 with 6 addresses.
It ranks as the 240th largest and 212th 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 6 properties: 2 houses and 4 flats.
- Ave. Sale Price
- £254,036
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,008pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
TR18 2JB is a residential postcode situated on Market Place, Penzance, TR18 with 6 addresses.
It ranks as the 240th largest and 212th 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 6 properties: 2 houses and 4 flats.
- Ave. Sale Price
- £254,036
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,008pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin TR18 2JB
Sales Market Trends
The last sale in TR18 2JB sold for £625,000 on 27th February 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £254,036.
The TR18 2JB Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £254,036 |
| June 2025 | -2.8% | £261,077 |
| June 2024 | 2.2% | £268,629 |
| June 2023 | -2.1% | £262,913 |
| June 2022 | 13.8% | £268,662 |
| June 2021 | 15.3% | £236,153 |
| June 2020 | 1.4% | £204,899 |
| June 2019 | 0% | £202,072 |
| June 2018 | 3% | £202,067 |
| June 2017 | 3.9% | £196,105 |
| June 2016 | 3.6% | £188,749 |
| June 2015 | 1.4% | £182,216 |
| June 2014 | 1.8% | £179,754 |
| June 2013 | 1.2% | £176,608 |
| June 2012 | -0.3% | £174,458 |
| June 2011 | -1.6% | £174,950 |
| June 2010 | 4.3% | £177,798 |
| June 2009 | -10.9% | £170,527 |
| June 2008 | -3.2% | £191,413 |
| June 2007 | 0% | £197,808 |
Rental Market Trends
The current average rental value in the postcode is £1,008.
The TR18 2JB Rental Market has increased by 60.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,008pcm |
| June 2025 | 7.4% | £957pcm |
| June 2024 | 5.5% | £890pcm |
| June 2023 | 4.8% | £844pcm |
| June 2022 | 7.9% | £806pcm |
| June 2021 | 11.8% | £747pcm |
| June 2020 | 1.7% | £668pcm |
| June 2019 | 3.8% | £657pcm |
| June 2018 | 1.2% | £632pcm |
| June 2017 | -0.6% | £625pcm |
| June 2016 | 1.2% | £629pcm |
| June 2015 | 1.8% | £621pcm |
| June 2014 | 3% | £610pcm |
| June 2013 | -1.3% | £592pcm |
| June 2012 | 1.3% | £600pcm |
| June 2011 | 1.7% | £592pcm |
| June 2010 | 3.1% | £583pcm |
| June 2009 | -6.6% | £566pcm |
| June 2008 | 4.6% | £606pcm |
| June 2007 | 0% | £579pcm |
Sales History
The last sale was on 27th February 2025 for £625,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
TR18 2JB has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 2JB is the 240th largest and the 212th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4AD, Chapel Street, Newlyn, Penzance, TR18TR18 4AD6 Addresses|18 m away
- TR18 2FH, Market Place Walk, Penzance, TR18TR18 2FH6 Addresses|24 m away
- TR18 2JA, Market Place, Penzance, TR18TR18 2JA1 Addresses|35 m away
- TR18 2NL, Princes Street, Penzance, TR18TR18 2NL3 Addresses|58 m away
- TR18 2LZ, New Street, Penzance, TR18TR18 2LZ13 Addresses|59 m away
Property Types
- 4 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century flat (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2022£1,100,000 | 2 Bed FlatMarket House, Market Place, Penzance, TR18 2JGMarket House, Market Place, Penzance, TR18 2JG
- Sold Feb 2025£625,000 | 2 Bed FlatFlat 3, 13-14, Market Place, Penzance, TR18 2JBFlat 3, 13-14, Market Place, Penzance, TR18 2JB
- Sold Dec 2021£575,000 | 2 Bed FlatFlat 3, 13-14, Market Place, Penzance, TR18 2JBFlat 3, 13-14, Market Place, Penzance, TR18 2JB
Schools Nearby
- St Mary's CofE Primary School, Penzance500 m away
- St Mary's Catholic School, Penzance900 m away
- Alverton Primary School900 m away
- Humphry Davy School800 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.1 km away
More reading links
Public Transport Nearby
The closest station to TR18 2JB is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.8 km away
- Lelant Saltings|9.6 km away
- Carbis Bay|10.2 km away
