Penalverne Drive - TR18 2RG
Key Postcode Insights
TR18 2RG is a residential postcode situated on Penalverne Drive, Penzance, TR18 with 10 addresses.
It ranks as the 426th largest and 298th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £217,561
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £989pcm
- 10 Year change
- up 67.8%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR18 2RG is a residential postcode situated on Penalverne Drive, Penzance, TR18 with 10 addresses.
It ranks as the 426th largest and 298th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £217,561
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £989pcm
- 10 Year change
- up 67.8%
- Ave. £ per ft²
- £354/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin TR18 2RG
- 9 Penalverne Drive
3 Bed Mid-century House
- 10 Penalverne Drive
2 Bed Early-century House
- 11 Penalverne Drive
Unknown
- 12 Penalverne Drive
3 Bed Mid-century House
- 13 Penalverne Drive
Unknown
Sales Market Trends
The last sale in TR18 2RG sold for £204,500 on 16th October 2019. Since then prices are up an average of 30.0%.
The current average value in the postcode is £217,561.
The TR18 2RG Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £217,561 |
| June 2025 | -1.1% | £222,185 |
| June 2024 | 1.4% | £224,636 |
| June 2023 | -2.4% | £221,612 |
| June 2022 | 15.6% | £227,044 |
| June 2021 | 15.8% | £196,403 |
| June 2020 | 1.1% | £169,574 |
| June 2019 | -0.2% | £167,733 |
| June 2018 | 4.4% | £168,005 |
| June 2017 | 4.2% | £160,999 |
| June 2016 | 3.2% | £154,437 |
| June 2015 | 1.5% | £149,657 |
| June 2014 | 1.3% | £147,373 |
| June 2013 | 1.9% | £145,422 |
| June 2012 | -0.4% | £142,653 |
| June 2011 | -2.1% | £143,191 |
| June 2010 | 5.2% | £146,300 |
| June 2009 | -13% | £139,097 |
| June 2008 | -2.9% | £159,800 |
| June 2007 | 0% | £164,604 |
Rental Market Trends
The current average rental value in the postcode is £989.
The TR18 2RG Rental Market has increased by 67.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £989pcm |
| June 2025 | 9.3% | £933pcm |
| June 2024 | 4.6% | £853pcm |
| June 2023 | 4.5% | £816pcm |
| June 2022 | 9.6% | £780pcm |
| June 2021 | 12.3% | £712pcm |
| June 2020 | 1.4% | £633pcm |
| June 2019 | 3.7% | £625pcm |
| June 2018 | 2.5% | £603pcm |
| June 2017 | -0.3% | £588pcm |
| June 2016 | 0.8% | £590pcm |
| June 2015 | 2% | £585pcm |
| June 2014 | 2.6% | £573pcm |
| June 2013 | -0.6% | £559pcm |
| June 2012 | 1.2% | £562pcm |
| June 2011 | 1.1% | £556pcm |
| June 2010 | 4% | £550pcm |
| June 2009 | -8.8% | £529pcm |
| June 2008 | 5% | £580pcm |
| June 2007 | 0% | £552pcm |
Sales History
The last sale was on 16th October 2019 for £204,500 and since then the market in the area has increased by 30.0%. The postcode has had a total of 2 sales since 1995.
TR18 2RG has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 2RG is the 426th largest and the 298th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2RT, Trevean Road, Penzance, TR18TR18 2RT36 Addresses|71 m away
- TR18 2RH, Carminowe Crescent, Penzance, TR18TR18 2RH10 Addresses|73 m away
- TR18 2RU, Trezela Road, Penzance, TR18TR18 2RU38 Addresses|76 m away
- TR18 2QA, Clarence Place, Penzance, TR18TR18 2QA18 Addresses|92 m away
- TR18 2PX, Windsor Terrace, Penzance, TR18TR18 2PX10 Addresses|102 m away
Property Types
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (2)
- early-century house (1)
- early-century flat (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold May 2024£280,000 | 3 Bed House2, Penalverne Drive, Penzance, TR18 2RE2, Penalverne Drive, Penzance, TR18 2RE
- Sold Oct 2019£204,500 | 3 Bed House9, Penalverne Drive, Penzance, TR18 2RG9, Penalverne Drive, Penzance, TR18 2RG
- Sold Mar 2019£190,000 | 3 Bed House5, Penalverne Drive, Penzance, TR18 2RF5, Penalverne Drive, Penzance, TR18 2RF
Schools Nearby
- Pensans Community Primary School500 m away
- St Mary's Catholic School, Penzance700 m away
- St Mary's CofE Primary School, Penzance800 m away
- Humphry Davy School500 m away
- Mounts Bay Academy1.3 km away
- St Ives School10.1 km away
More reading links
Public Transport Nearby
The closest station to TR18 2RG is Penzance station, which is 700 metres away.
- Penzance|700 m away
- St Erth|8.9 km away
- Lelant Saltings|9.7 km away
- Carbis Bay|10.2 km away
