New Street - TR18 2LZ
Key Postcode Insights
TR18 2LZ is a residential postcode situated on New Street, Penzance, TR18 with 13 addresses.
It ranks as the 511th largest and 429th most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 4 houses and 9 flats.
- Ave. Sale Price
- £343,449
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £1,081pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
TR18 2LZ is a residential postcode situated on New Street, Penzance, TR18 with 13 addresses.
It ranks as the 511th largest and 429th most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 4 houses and 9 flats.
- Ave. Sale Price
- £343,449
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £1,081pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin TR18 2LZ
- Exchange Building
Early-century Building | 5 Units
- The Old Bike Shed
Unknown
- 1 New Street
Building | 4 Flats
- 2 New Street
3 Bed Early-century House
- 3 New Street
3 Bed Early-century House
Sales Market Trends
The last sale in TR18 2LZ sold for £280,000 on 29th April 2024. Since then prices are down an average of 3.8%.
The current average value in the postcode is £343,449.
The TR18 2LZ Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £343,449 |
| June 2025 | -2.5% | £350,866 |
| June 2024 | 1.8% | £359,836 |
| June 2023 | -2.1% | £353,432 |
| June 2022 | 14.1% | £360,868 |
| June 2021 | 14.8% | £316,342 |
| June 2020 | 1.4% | £275,547 |
| June 2019 | -0.2% | £271,725 |
| June 2018 | 3.5% | £272,290 |
| June 2017 | 4% | £263,131 |
| June 2016 | 3.1% | £252,919 |
| June 2015 | 1.7% | £245,321 |
| June 2014 | 2.1% | £241,234 |
| June 2013 | 1.4% | £236,213 |
| June 2012 | 0% | £233,011 |
| June 2011 | -1.9% | £232,912 |
| June 2010 | 4.9% | £237,513 |
| June 2009 | -11.8% | £226,498 |
| June 2008 | -3.4% | £256,762 |
| June 2007 | 0% | £265,899 |
Rental Market Trends
The current average rental value in the postcode is £1,081.
The TR18 2LZ Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £1,081pcm |
| June 2025 | 7.8% | £1,020pcm |
| June 2024 | 5.1% | £946pcm |
| June 2023 | 4.9% | £900pcm |
| June 2022 | 8.2% | £858pcm |
| June 2021 | 11.4% | £793pcm |
| June 2020 | 1.7% | £712pcm |
| June 2019 | 3.6% | £701pcm |
| June 2018 | 1.7% | £676pcm |
| June 2017 | -0.5% | £665pcm |
| June 2016 | 0.7% | £668pcm |
| June 2015 | 2.1% | £664pcm |
| June 2014 | 3.4% | £650pcm |
| June 2013 | -1.2% | £628pcm |
| June 2012 | 1.6% | £636pcm |
| June 2011 | 1.3% | £626pcm |
| June 2010 | 3.6% | £618pcm |
| June 2009 | -7.6% | £596pcm |
| June 2008 | 4.4% | £645pcm |
| June 2007 | 0% | £618pcm |
Sales History
The last sale was on 29th April 2024 for £280,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 11 sales since 1995.
TR18 2LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£280,000 | 3 Bed House2, New Street, Penzance, TR18 2LZ2, New Street, Penzance, TR18 2LZ
- Sold Nov 2021£570,000 | 4 Bed FlatApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Mar 2021£210,000 | 3 Bed House2, New Street, Penzance, TR18 2LZ2, New Street, Penzance, TR18 2LZ
- Sold Jul 2018£80,000 | 2 Bed House1, New Street, Penzance, TR18 2LZ1, New Street, Penzance, TR18 2LZ
- Sold Oct 2013£162,500 | 3 Bed House3, New Street, Penzance, TR18 2LZ3, New Street, Penzance, TR18 2LZ
Nearby Postcodes
TR18 2LZ is the 511th largest and the 429th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2LD, Market Jew Street, Penzance, TR18TR18 2LD1 Addresses|22 m away
- TR18 2NL, Princes Street, Penzance, TR18TR18 2NL3 Addresses|25 m away
- TR18 2FH, Market Place Walk, Penzance, TR18TR18 2FH6 Addresses|41 m away
- TR18 2LN, Gulval, Penzance, TR18TR18 2LN16 Addresses|50 m away
- TR18 2JA, Market Place, Penzance, TR18TR18 2JA1 Addresses|57 m away
Property Types
- 4 modern houses built after 1980
- 2 early-century houses built between 1912 and 1935
- 5 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- modern house (4)
- early-century house (2)
- early-century flat (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (1)
- D (8)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Nov 2021£570,000 | 4 Bed FlatApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Nov 2009£430,000 | 4 Bed FlatApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Feb 2023£335,000 | 2 Bed House38, New Street, Penzance, TR18 2NA38, New Street, Penzance, TR18 2NA
Schools Nearby
- St Mary's CofE Primary School, Penzance600 m away
- St Mary's Catholic School, Penzance800 m away
- Alverton Primary School1.0 km 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 2LZ 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
