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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
TR18 2PZHouse Prices / South West, Cornwall, Clarence Terrace
Last updated May 2026
Key Postcode Insights
TR18 2PZ is a residential postcode situated on Clarence Terrace, Penzance, TR18 with 5 addresses.
It ranks as the 199th largest and 736th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 5 properties: 5 houses.
5
Properties
- Houses
Key Postcode Insights
TR18 2PZ is a residential postcode situated on Clarence Terrace, Penzance, TR18 with 5 addresses.
It ranks as the 199th largest and 736th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 5 properties: 5 houses.
5
Properties
- Houses
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House Pricesin TR18 2PZ
Sale prices range from £415,146 for 4 bedroom freehold houses with a garden (1,318 ft2) to £476,424 for 4 bedroom freehold houses with a garden (1,732 ft2) .
Monthly rental prices range from £1,397 pcm for 4 bed houses to £1,505 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 4.0%.
The average value per square foot is £302.
Average Sale Value
£444,465
Average Rental Value
£1,443 pcm
Average Rental Yield
3.9% /year
Average Value Per Sqft
£302 /ft2
Sales Market Trendsin TR18 2PZ
The last sale in TR18 2PZ sold for £342,000 on 18th December 2017. Since then prices are up an average of 33.9%.
The current average value in the postcode is £444,465.
The TR18 2PZ Sales Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £444,465 |
| April 2025 | 0.4% | £467,940 |
| April 2024 | -0.2% | £466,291 |
| April 2023 | 2.2% | £467,055 |
| April 2022 | 17.1% | £456,822 |
| April 2021 | 14.3% | £390,018 |
| April 2020 | -1.2% | £341,269 |
| April 2019 | 2.7% | £345,389 |
| April 2018 | 4% | £336,330 |
| April 2017 | 5% | £323,282 |
| April 2016 | 6.8% | £307,794 |
| April 2015 | 0% | £288,229 |
| April 2014 | 1.6% | £288,267 |
| April 2013 | 4.4% | £283,764 |
| April 2012 | 1% | £271,820 |
| April 2011 | -0.5% | £269,048 |
| April 2010 | 3.6% | £270,384 |
| April 2009 | -11.7% | £261,009 |
| April 2008 | -2.2% | £295,721 |
| April 2007 | 0% | £302,519 |
Rental Market Trendsin TR18 2PZ
The current average rental value in the postcode is £1,443.
The TR18 2PZ Rental Market has increased by 74.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,443pcm |
| April 2025 | 10% | £1,401pcm |
| April 2024 | 4.9% | £1,274pcm |
| April 2023 | 5.2% | £1,214pcm |
| April 2022 | 11.1% | £1,155pcm |
| April 2021 | 12.9% | £1,040pcm |
| April 2020 | 1.7% | £921pcm |
| April 2019 | 4.2% | £906pcm |
| April 2018 | 3% | £869pcm |
| April 2017 | 2% | £844pcm |
| April 2016 | 1.2% | £827pcm |
| April 2015 | 2.7% | £817pcm |
| April 2014 | 2.5% | £796pcm |
| April 2013 | 1.4% | £776pcm |
| April 2012 | 2.7% | £765pcm |
| April 2011 | 2.8% | £745pcm |
| April 2010 | 1.9% | £725pcm |
| April 2009 | -6.2% | £711pcm |
| April 2008 | 4.8% | £758pcm |
| April 2007 | 0% | £724pcm |
Explore Propertiesin TR18 2PZ, Clarence Terrace, Penzance, TR18
Sales Historyin TR18 2PZ
The last sale was on 18th December 2017 for £342,000 and since then the market in the area has increased by 33.9%. The postcode has had a total of 10 sales since 1995.
TR18 2PZ has seen no sales in the last three years and no sales in the last twelve months.
Sold Dec 2017£342,000 | 4 Bed HouseClarence Terrace5, Clarence Terrace, Penzance, TR18 2PZ
Sold Mar 2015£325,000 | 4 Bed HouseClarence Terrace5, Clarence Terrace, Penzance, TR18 2PZ
Sold Aug 2014£325,000 | 4 Bed HouseClarence Terrace4, Clarence Terrace, Penzance, TR18 2PZ
Sold Mar 2014£270,000 | 4 Bed HouseClarence Terrace2, Clarence Terrace, Penzance, TR18 2PZ
Sold Feb 2013£245,000 | 4 Bed HouseClarence Terrace3, Clarence Terrace, Penzance, TR18 2PZ
Sold Mar 2010£280,000 | 4 Bed HouseClarence Terrace4, Clarence Terrace, Penzance, TR18 2PZ
Sold Aug 2002£180,000 | 4 Bed HouseClarence Terrace3, Clarence Terrace, Penzance, TR18 2PZ
Sold Apr 2001£132,500 | 4 Bed HouseClarence Terrace1, Clarence Terrace, Penzance, TR18 2PZ
Sold Feb 1997£51,500 | 4 Bed HouseClarence Terrace3, Clarence Terrace, Penzance, TR18 2PZ
Sold Nov 1996£79,950 | 4 Bed HouseClarence Terrace5, Clarence Terrace, Penzance, TR18 2PZ
Nearby Postcodesto TR18 2PZ
TR18 2PZ is the 199th largest and the 736th most expensive postcode out of the 841 postcodes in the TR18 area.
- 31 mTR18 2PA, Clarence Street, Penzance, TR18TR18 2PA3 Addresses
- 56 mTR18 2QA, Clarence Place, Penzance, TR18TR18 2QA18 Addresses
- 61 mTR18 2PU, Bullock Market Terrace, Penzance, TR18TR18 2PU7 Addresses
- 68 mTR18 2PB, St. Clare Street, Penzance, TR18TR18 2PB20 Addresses
- 74 mTR18 2AE, Bullock Market Terrace, Penzance, TR18TR18 2AE1 Addresses
- 74 mTR18 2ST, Causewayhead, Penzance, TR18TR18 2ST2 Addresses
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Property Typesin TR18 2PZ
- 1 period house built between 1800 and 1911
- 3 houses of an unknown age
- 1 other address of unknown type
- period house (1)
- house (3)
- Unknown (1)
Energy Efficiencyof properties in TR18 2PZ
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Clarence Terrace
Schools Nearbyto TR18 2PZ
The nearest primary school to TR18 2PZ is Pensans Community Primary School which is 633 metres away.
- 633mPensans Community Primary School
- 645mSt Mary's Catholic School, Penzance
- 764mSt Mary's CofE Primary School, Penzance
The nearest secondary school is Humphry Davy School which is 455 metres away.
- 455mHumphry Davy School
- 1.4kmMounts Bay Academy
- 10.0kmSt Ives School
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Public Transport Nearbyto TR18 2PZ
The closest station to TR18 2PZ is Penzance station which is 600 metres away.
- 552mPenzance
- 8.8kmSt Erth
- 9.6kmLelant Saltings
- 10.1kmCarbis Bay
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