Custom House Lane - TR18 2LW
Key Postcode Insights
TR18 2LW is a residential postcode situated on Custom House Lane, Penzance, TR18 with 4 addresses.
It ranks as the 141st largest and 744th 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 4 properties: 4 houses.
- Ave. Sale Price
- £415,863
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,216pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £550/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
TR18 2LW is a residential postcode situated on Custom House Lane, Penzance, TR18 with 4 addresses.
It ranks as the 141st largest and 744th 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 4 properties: 4 houses.
- Ave. Sale Price
- £415,863
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,216pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £550/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin TR18 2LW
- 5A Custom House Lane
Unknown
- 5 Custom House Lane
2 Bed Period House
- 6 Custom House Lane
Unknown
- 7 Custom House Lane
Unknown
Sales Market Trends
The last sale in TR18 2LW sold for £250,000 on 14th January 2010. Since then prices are up an average of 61.3%.
The current average value in the postcode is £415,863.
The TR18 2LW Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £415,863 |
| June 2025 | -1.2% | £423,768 |
| June 2024 | 1.1% | £428,939 |
| June 2023 | -2.1% | £424,252 |
| June 2022 | 16.2% | £433,558 |
| June 2021 | 16.3% | £373,221 |
| June 2020 | 0.9% | £320,779 |
| June 2019 | -0.1% | £317,981 |
| June 2018 | 4.8% | £318,279 |
| June 2017 | 5% | £303,621 |
| June 2016 | 3.2% | £289,090 |
| June 2015 | 1.9% | £280,197 |
| June 2014 | 1.7% | £275,028 |
| June 2013 | 2.4% | £270,430 |
| June 2012 | 0% | £264,022 |
| June 2011 | -1.9% | £263,977 |
| June 2010 | 6.6% | £269,207 |
| June 2009 | -13.1% | £252,562 |
| June 2008 | -3.3% | £290,700 |
| June 2007 | 0% | £300,637 |
Rental Market Trends
The current average rental value in the postcode is £1,216.
The TR18 2LW Rental Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.3% | £1,216pcm |
| June 2025 | 9.2% | £1,144pcm |
| June 2024 | 4.4% | £1,048pcm |
| June 2023 | 4.8% | £1,004pcm |
| June 2022 | 10.2% | £958pcm |
| June 2021 | 12.8% | £870pcm |
| June 2020 | 1.2% | £771pcm |
| June 2019 | 3.7% | £762pcm |
| June 2018 | 3% | £734pcm |
| June 2017 | 0.5% | £713pcm |
| June 2016 | 0.8% | £710pcm |
| June 2015 | 2.3% | £704pcm |
| June 2014 | 3% | £688pcm |
| June 2013 | -0.1% | £668pcm |
| June 2012 | 1.6% | £669pcm |
| June 2011 | 1.3% | £659pcm |
| June 2010 | 5.4% | £650pcm |
| June 2009 | -9% | £617pcm |
| June 2008 | 4.5% | £678pcm |
| June 2007 | 0% | £649pcm |
Sales History
The last sale was on 14th January 2010 for £250,000 and since then the market in the area has increased by 61.3%. The postcode has had a total of 7 sales since 1995.
TR18 2LW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2010£250,000 | 2 Bed House5, Custom House Lane, Penzance, TR18 2LW5, Custom House Lane, Penzance, TR18 2LW
- Sold Dec 2006£195,000 | 2 Bed House5, Custom House Lane, Penzance, TR18 2LW5, Custom House Lane, Penzance, TR18 2LW
- Sold Sep 2002£119,000 | 3 Bed House7, Custom House Lane, Penzance, TR18 2LW7, Custom House Lane, Penzance, TR18 2LW
- Sold Feb 2001£88,000 | 3 Bed House6, Custom House Lane, Penzance, TR18 2LW6, Custom House Lane, Penzance, TR18 2LW
- Sold Jun 1998£43,499 | 3 Bed House6, Custom House Lane, Penzance, TR18 2LW6, Custom House Lane, Penzance, TR18 2LW
Nearby Postcodes
TR18 2LW is the 141st largest and the 744th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2NA, New Street, Penzance, TR18TR18 2NA8 Addresses|23 m away
- TR18 2NN, Custom House Lane, Penzance, TR18TR18 2NN4 Addresses|26 m away
- TR18 4AG, Chapel Street, Newlyn, Penzance, TR18TR18 4AG3 Addresses|45 m away
- TR18 2NE, New Street, Penzance, TR18TR18 2NE23 Addresses|45 m away
- TR18 2NT, New Street, Penzance, TR18TR18 2NT49 Addresses|49 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 other addresses of unknown type
- period house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jan 2010£250,000 | 2 Bed House5, Custom House Lane, Penzance, TR18 2LW5, Custom House Lane, Penzance, TR18 2LW
- Sold Jun 2005£225,000 | 3 Bed House2, Custom House Lane, Penzance, TR18 2NN2, Custom House Lane, Penzance, TR18 2NN
- Sold Dec 2006£195,000 | 2 Bed House5, Custom House Lane, Penzance, TR18 2LW5, Custom House Lane, Penzance, TR18 2LW
Schools Nearby
- St Mary's CofE Primary School, Penzance500 m away
- St Mary's Catholic School, Penzance900 m away
- Alverton Primary School1.0 km away
- Humphry Davy School900 m away
- Mounts Bay Academy1.9 km away
- St Ives School10.1 km away
More reading links
Public Transport Nearby
The closest station to TR18 2LW is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
- Carbis Bay|10.2 km away
