Market Place - TR18 2JG
Key Postcode Insights
TR18 2JG is a residential postcode situated on Market Place, Penzance, TR18 with 2 addresses.
It ranks as the 48th largest and 114th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £159,953
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £801pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
TR18 2JG is a residential postcode situated on Market Place, Penzance, TR18 with 2 addresses.
It ranks as the 48th largest and 114th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £159,953
- 10 Year change
- up 31.0%
- Ave. Rental Price
- £801pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Sales Market Trends
The last sale in TR18 2JG sold for £1,100,000 on 24th November 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £159,953.
The TR18 2JG Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £159,953 |
| June 2025 | -2.6% | £163,938 |
| June 2024 | 2.2% | £168,324 |
| June 2023 | -2.4% | £164,741 |
| June 2022 | 13.2% | £168,763 |
| June 2021 | 14.1% | £149,036 |
| June 2020 | 1.7% | £130,638 |
| June 2019 | -0.4% | £128,410 |
| June 2018 | 2.6% | £128,961 |
| June 2017 | 3% | £125,738 |
| June 2016 | 3.4% | £122,081 |
| June 2015 | 1.1% | £118,103 |
| June 2014 | 1.3% | £116,837 |
| June 2013 | 1.1% | £115,390 |
| June 2012 | -0.8% | £114,185 |
| June 2011 | -2.3% | £115,072 |
| June 2010 | 2.8% | £117,826 |
| June 2009 | -11.3% | £114,570 |
| June 2008 | -2.7% | £129,098 |
| June 2007 | 0% | £132,746 |
Rental Market Trends
The current average rental value in the postcode is £801.
The TR18 2JG Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £801pcm |
| June 2025 | 7.6% | £758pcm |
| June 2024 | 5.5% | £704pcm |
| June 2023 | 4.5% | £667pcm |
| June 2022 | 7.4% | £638pcm |
| June 2021 | 10.7% | £594pcm |
| June 2020 | 2% | £537pcm |
| June 2019 | 3.4% | £527pcm |
| June 2018 | 0.8% | £509pcm |
| June 2017 | -1.5% | £505pcm |
| June 2016 | 1% | £513pcm |
| June 2015 | 1.5% | £508pcm |
| June 2014 | 2.5% | £500pcm |
| June 2013 | -1.5% | £488pcm |
| June 2012 | 0.8% | £496pcm |
| June 2011 | 0.9% | £492pcm |
| June 2010 | 1.7% | £487pcm |
| June 2009 | -7% | £479pcm |
| June 2008 | 5.1% | £516pcm |
| June 2007 | 0% | £490pcm |
Sales History
The last sale was on 24th November 2022 for £1,100,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
TR18 2JG has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 2JG is the 48th largest and the 114th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2EQ, Bread Street, Penzance, TR18TR18 2EQ10 Addresses|29 m away
- TR18 2JF, Market Place, Penzance, TR18TR18 2JF5 Addresses|35 m away
- TR18 2FB, Bread Street, Penzance, TR18TR18 2FB3 Addresses|40 m away
- TR18 2FG, Belgravia Street, Penzance, TR18TR18 2FG9 Addresses|42 m away
- TR18 2LD, Market Jew Street, Penzance, TR18TR18 2LD1 Addresses|49 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- 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, Penzance600 m away
- St Mary's Catholic School, Penzance800 m away
- Pensans Community Primary School1.0 km away
- Humphry Davy School700 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.0 km away
More reading links
Public Transport Nearby
The closest station to TR18 2JG is Penzance station, which is 400 metres away.
- Penzance|400 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
- Carbis Bay|10.1 km away
