Lannoweth Road - TR18 3AB
Key Postcode Insights
TR18 3AB is a residential postcode situated on Lannoweth Road, Penzance, TR18 with 73 addresses.
It ranks as the 839th largest and 114th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 73 properties: 19 houses, 50 flats and 4 other properties.
- Ave. Sale Price
- £194,879
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £913pcm
- 10 Year change
- up 62.8%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
TR18 3AB is a residential postcode situated on Lannoweth Road, Penzance, TR18 with 73 addresses.
It ranks as the 839th largest and 114th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 73 properties: 19 houses, 50 flats and 4 other properties.
- Ave. Sale Price
- £194,879
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £913pcm
- 10 Year change
- up 62.8%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in TR18 3AB
- Allen House
Building  |  4 Flats
- 1 Lannoweth Road
5 Bed Period House
- 2 Lannoweth Road
4 Bed Period House
- 3 Lannoweth Road
Building  |  4 Flats
- 4 Lannoweth Road
4 Bed Period House
Sales Market Trends
The last sale in TR18 3AB sold for £266,000 on 7th May 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £194,879.
The TR18 3AB Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £194,879 |
| June 2025 | -2.3% | £200,994 |
| June 2024 | 2.1% | £205,698 |
| June 2023 | -2.4% | £201,395 |
| June 2022 | 14.5% | £206,450 |
| June 2021 | 15.8% | £180,331 |
| June 2020 | 1.3% | £155,660 |
| June 2019 | 0.2% | £153,614 |
| June 2018 | 3.4% | £153,349 |
| June 2017 | 3.9% | £148,255 |
| June 2016 | 3.7% | £142,697 |
| June 2015 | 1.2% | £137,635 |
| June 2014 | 1.2% | £135,978 |
| June 2013 | 1.3% | £134,393 |
| June 2012 | -0.7% | £132,673 |
| June 2011 | -1.4% | £133,611 |
| June 2010 | 3.9% | £135,533 |
| June 2009 | -10.9% | £130,405 |
| June 2008 | -3% | £146,377 |
| June 2007 | 0% | £150,874 |
Rental Market Trends
The current average rental value in the postcode is £913.
The TR18 3AB Rental Market has increased by 62.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £913pcm |
| June 2025 | 8% | £869pcm |
| June 2024 | 5.5% | £805pcm |
| June 2023 | 4.5% | £763pcm |
| June 2022 | 8.6% | £730pcm |
| June 2021 | 12.4% | £673pcm |
| June 2020 | 1.6% | £598pcm |
| June 2019 | 4% | £589pcm |
| June 2018 | 1.6% | £566pcm |
| June 2017 | -0.6% | £557pcm |
| June 2016 | 1.3% | £561pcm |
| June 2015 | 1.6% | £553pcm |
| June 2014 | 2.4% | £545pcm |
| June 2013 | -1.3% | £532pcm |
| June 2012 | 0.9% | £539pcm |
| June 2011 | 1.8% | £534pcm |
| June 2010 | 2.7% | £524pcm |
| June 2009 | -6.6% | £511pcm |
| June 2008 | 4.8% | £547pcm |
| June 2007 | 0% | £522pcm |
Sales History
The last recorded sale was on 7th May 2025 for £266,000 and since then the market in the area has decreased by 3.6%.
TR18 3AB has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold May 2025£266,000 | 4 Bed House6, Lannoweth Road, Penzance, TR18 3AB6, Lannoweth Road, Penzance, TR18 3AB
- Sold Sep 2024£105,000 | 1 Bed FlatFlat 3, 25, Lannoweth Road, Penzance, TR18 3ABFlat 3, 25, Lannoweth Road, Penzance, TR18 3AB
- Sold Aug 2023£240,000 | 4 Bed House4, Lannoweth Road, Penzance, TR18 3AB4, Lannoweth Road, Penzance, TR18 3AB
Nearby Postcodes
TR18 3AB is the 839th largest and the 114th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2HQ, Penrose Terrace, Penzance, TR18TR18 2HQ15 Addresses|50 m away
- TR18 3AQ, Coastguard Crescent, Penzance, TR18TR18 3AQ14 Addresses|64 m away
- TR18 3AA, Lannoweth Road, Penzance, TR18TR18 3AA4 Addresses|71 m away
- TR18 3LN, Lannoweth Terrace, Penzance, TR18TR18 3LN4 Addresses|77 m away
- TR18 3AH, Thornberry Terrace, Penzance, TR18TR18 3AH13 Addresses|77 m away
Property Types
- 19 period houses built between 1800 and 1911
- 50 period flats built between 1800 and 1911
- 4 other addresses of unknown type
- period house (19)
- period flat (50)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 53 properties.
- The most common rating is D.
- A (0)
- E (18)
- B (0)
- F (1)
- C (7)
- G (2)
- D (25)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Jun 2021£392,950 | 5 Bed House1, Lannoweth Road, Penzance, TR18 3AB1, Lannoweth Road, Penzance, TR18 3AB
- Sold Jul 2022£390,000 | 4 Bed House7, Lannoweth Road, Penzance, TR18 3AB7, Lannoweth Road, Penzance, TR18 3AB
- Sold Jul 2021£350,000 | 4 Bed House18, Lannoweth Road, Penzance, TR18 3AB18, Lannoweth Road, Penzance, TR18 3AB
Schools Nearby
- St Mary's Catholic School, Penzance400 m away
- Pensans Community Primary School1.0 km away
- Gulval School1.1 km away
- Humphry Davy School600 m away
- Mounts Bay Academy1.7 km away
- St Ives School9.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 3AB is Penzance station, which is 200 metres away.
- Penzance|200 m away
- St Erth|8.2 km away
- Lelant Saltings|9.0 km away
- Carbis Bay|9.6 km away
