New Street - TR18 2NE
Key Postcode Insights
TR18 2NE is a residential postcode situated on New Street, Penzance, TR18 with 23 addresses.
It ranks as the 684th largest and 217th 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 23 properties: 10 houses and 13 flats.
- Ave. Sale Price
- £231,799
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £960pcm
- 10 Year change
- up 64.5%
- Ave. £ per ft²
- £342/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
TR18 2NE is a residential postcode situated on New Street, Penzance, TR18 with 23 addresses.
It ranks as the 684th largest and 217th 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 23 properties: 10 houses and 13 flats.
- Ave. Sale Price
- £231,799
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £960pcm
- 10 Year change
- up 64.5%
- Ave. £ per ft²
- £342/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin TR18 2NE
- Abbey Lodge
Unknown
- Abbey Mews
Building  |  4 Flats
- The Potting Shed
Unknown
- 20 New Street
Period Building | 5 Units
- 21 New Street
Unknown
Sales Market Trends
The last sale in TR18 2NE sold for £290,000 on 25th April 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £231,799.
The TR18 2NE Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £231,799 |
| June 2025 | -2.2% | £238,505 |
| June 2024 | 2% | £243,860 |
| June 2023 | -2.3% | £239,157 |
| June 2022 | 14.8% | £244,898 |
| June 2021 | 16% | £213,267 |
| June 2020 | 1.2% | £183,806 |
| June 2019 | 0.1% | £181,628 |
| June 2018 | 3.7% | £181,420 |
| June 2017 | 4.3% | £174,950 |
| June 2016 | 3.6% | £167,802 |
| June 2015 | 1.3% | £161,930 |
| June 2014 | 1.3% | £159,826 |
| June 2013 | 1.6% | £157,708 |
| June 2012 | -0.5% | £155,272 |
| June 2011 | -1.5% | £156,030 |
| June 2010 | 4.6% | £158,389 |
| June 2009 | -11.2% | £151,449 |
| June 2008 | -3.2% | £170,573 |
| June 2007 | 0% | £176,137 |
Rental Market Trends
The current average rental value in the postcode is £960.
The TR18 2NE Rental Market has increased by 64.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £960pcm |
| June 2025 | 8.1% | £913pcm |
| June 2024 | 5.3% | £844pcm |
| June 2023 | 4.6% | £802pcm |
| June 2022 | 8.9% | £767pcm |
| June 2021 | 12.5% | £704pcm |
| June 2020 | 1.5% | £626pcm |
| June 2019 | 3.9% | £616pcm |
| June 2018 | 1.9% | £593pcm |
| June 2017 | -0.3% | £582pcm |
| June 2016 | 1.2% | £584pcm |
| June 2015 | 1.8% | £577pcm |
| June 2014 | 2.6% | £567pcm |
| June 2013 | -1% | £552pcm |
| June 2012 | 1.1% | £558pcm |
| June 2011 | 1.8% | £552pcm |
| June 2010 | 3.4% | £542pcm |
| June 2009 | -7% | £525pcm |
| June 2008 | 4.7% | £564pcm |
| June 2007 | 0% | £539pcm |
Sales History
The last sale was on 25th April 2025 for £290,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 43 sales since 1995.
TR18 2NE has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£290,000 | 2 Bed FlatRosemary Cottage, Abbey Mews, New Street, Penzance, TR18 2NERosemary Cottage, Abbey Mews, New Street, Penzance, TR18 2NE
- Sold Mar 2025£173,000 | 2 Bed Flat26, New Street, Penzance, TR18 2NE26, New Street, Penzance, TR18 2NE
- Sold Jan 2024£265,000 | 2 Bed House25A, New Street, Penzance, TR18 2NE25A, New Street, Penzance, TR18 2NE
- Sold Feb 2023£200,000 | 2 Bed FlatFlat 4, 20, New Street, Penzance, TR18 2NEFlat 4, 20, New Street, Penzance, TR18 2NE
- Sold Feb 2022£225,000 | 2 Bed House24, New Street, Penzance, TR18 2NE24, New Street, Penzance, TR18 2NE
Nearby Postcodes
TR18 2NE is the 684th largest and the 217th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2ND, Foster Place, Penzance, TR18TR18 2ND2 Addresses|26 m away
- TR18 2JZ, Abbey Street, Penzance, TR18TR18 2JZ1 Addresses|26 m away
- TR18 2LW, Custom House Lane, Penzance, TR18TR18 2LW4 Addresses|45 m away
- TR18 2NB, Cherry Gardens, Penzance, TR18TR18 2NB21 Addresses|50 m away
- TR18 4AG, Chapel Street, Newlyn, Penzance, TR18TR18 4AG3 Addresses|54 m away
Property Types
- 18 period houses built between 1800 and 1911
- 5 other addresses of unknown type
- period house (18)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is E.
- A (0)
- E (6)
- B (0)
- F (2)
- C (0)
- G (1)
- D (5)
- No EPC (9)
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, Penzance900 m away
- Alverton Primary School1.1 km away
- Humphry Davy School900 m away
- Mounts Bay Academy2.0 km away
- St Ives School10.1 km away
More reading links
Public Transport Nearby
The closest station to TR18 2NE is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
- Lelant|10.1 km away
