Alverne Buildings - TR18 2RR
Key Postcode Insights
TR18 2RR is a residential postcode situated on Alverne Buildings, Penzance, TR18 with 20 addresses.
It ranks as the 641st largest and 196th 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 20 properties: 20 houses.
- Ave. Sale Price
- £197,869
- 10 Year change
- up 44.4%
- Ave. Rental Price
- £1,027pcm
- 10 Year change
- up 72.0%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
TR18 2RR is a residential postcode situated on Alverne Buildings, Penzance, TR18 with 20 addresses.
It ranks as the 641st largest and 196th 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 20 properties: 20 houses.
- Ave. Sale Price
- £197,869
- 10 Year change
- up 44.4%
- Ave. Rental Price
- £1,027pcm
- 10 Year change
- up 72.0%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin TR18 2RR
- 1 Alverne Buildings
2 Bed Period House
- 2 Alverne Buildings
Unknown
- 3 Alverne Buildings
2 Bed Period House
- 4 Alverne Buildings
Unknown
- 5 Alverne Buildings
2 Bed Period House
Sales Market Trends
The last sale in TR18 2RR sold for £190,000 on 6th March 2026. Since then prices are up an average of 0.4%.
The current average value in the postcode is £197,869.
The TR18 2RR Sales Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £197,869 |
| June 2025 | -1.4% | £202,590 |
| June 2024 | 1.5% | £205,410 |
| June 2023 | -2.2% | £202,454 |
| June 2022 | 16% | £206,972 |
| June 2021 | 16.9% | £178,450 |
| June 2020 | 0.9% | £152,599 |
| June 2019 | 0.4% | £151,292 |
| June 2018 | 4.8% | £150,655 |
| June 2017 | 5% | £143,798 |
| June 2016 | 3.7% | £136,997 |
| June 2015 | 1.8% | £132,059 |
| June 2014 | 1.7% | £129,720 |
| June 2013 | 2.1% | £127,492 |
| June 2012 | 0% | £124,855 |
| June 2011 | -1.3% | £124,862 |
| June 2010 | 6.5% | £126,513 |
| June 2009 | -12.3% | £118,812 |
| June 2008 | -3.3% | £135,457 |
| June 2007 | 0% | £140,113 |
Rental Market Trends
The current average rental value in the postcode is £1,027.
The TR18 2RR Rental Market has increased by 72.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £1,027pcm |
| June 2025 | 9% | £971pcm |
| June 2024 | 4.7% | £891pcm |
| June 2023 | 4.8% | £851pcm |
| June 2022 | 10% | £812pcm |
| June 2021 | 13.4% | £738pcm |
| June 2020 | 1.2% | £651pcm |
| June 2019 | 4.3% | £643pcm |
| June 2018 | 2.9% | £617pcm |
| June 2017 | 0.4% | £600pcm |
| June 2016 | 1.4% | £597pcm |
| June 2015 | 2.3% | £589pcm |
| June 2014 | 3% | £576pcm |
| June 2013 | -0.5% | £559pcm |
| June 2012 | 1.6% | £562pcm |
| June 2011 | 2% | £553pcm |
| June 2010 | 5.2% | £543pcm |
| June 2009 | -8.1% | £516pcm |
| June 2008 | 4.5% | £561pcm |
| June 2007 | 0% | £537pcm |
Sales History
The last sale was on 6th March 2026 for £190,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 27 sales since 1995.
TR18 2RR has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£190,000 | 2 Bed House14, Alverne Buildings, Penzance, TR18 2RR14, Alverne Buildings, Penzance, TR18 2RR
- Sold Aug 2024£235,000 | 2 Bed House17, Alverne Buildings, Penzance, TR18 2RR17, Alverne Buildings, Penzance, TR18 2RR
- Sold Apr 2023£177,500 | 2 Bed House6, Alverne Buildings, Penzance, TR18 2RR6, Alverne Buildings, Penzance, TR18 2RR
- Sold Nov 2022£225,000 | 2 Bed House3, Alverne Buildings, Penzance, TR18 2RR3, Alverne Buildings, Penzance, TR18 2RR
- Sold Jul 2022£235,000 | 3 Bed House13, Alverne Buildings, Penzance, TR18 2RR13, Alverne Buildings, Penzance, TR18 2RR
Nearby Postcodes
TR18 2RR is the 641st largest and the 196th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2RS, Alverne Buildings, Penzance, TR18TR18 2RS20 Addresses|35 m away
- TR18 2RW, Stanford Terrace, Penzance, TR18TR18 2RW10 Addresses|53 m away
- TR18 2RP, Weethes Cottages, Penzance, TR18TR18 2RP23 Addresses|58 m away
- TR18 2RQ, Penalverne Place, Penzance, TR18TR18 2RQ16 Addresses|69 m away
- TR18 2RN, Stanford Close, Penzance, TR18TR18 2RN10 Addresses|71 m away
Property Types
- 11 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 7 other addresses of unknown type
- period house (11)
- mid-century house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (1)
- G (0)
- D (6)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2021£242,000 | 3 Bed House39, Alverne Buildings, Penzance, TR18 2RS39, Alverne Buildings, Penzance, TR18 2RS
- Sold Aug 2024£235,000 | 2 Bed House17, Alverne Buildings, Penzance, TR18 2RR17, Alverne Buildings, Penzance, TR18 2RR
- Sold Jul 2022£235,000 | 3 Bed House13, Alverne Buildings, Penzance, TR18 2RR13, Alverne Buildings, Penzance, TR18 2RR
Schools Nearby
- Pensans Community Primary School600 m away
- St Mary's CofE Primary School, Penzance600 m away
- Alverton Primary School600 m away
- Humphry Davy School700 m away
- Mounts Bay Academy1.4 km away
- St Ives School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 2RR is Penzance station, which is 800 metres away.
- Penzance|800 m away
- St Erth|9.1 km away
- Lelant Saltings|9.9 km away
- Carbis Bay|10.4 km away
