Penare Road - TR18 3AJ
Key Postcode Insights
TR18 3AJ is a residential postcode situated on Penare Road, Penzance, TR18 with 108 addresses.
It ranks as the 841st largest of the 841 postcodes in the TR18 area.
The postcode contains a total of 108 properties: 13 houses and 95 other properties.
- Ave. Sale Price
- £170,204
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £793pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
TR18 3AJ is a residential postcode situated on Penare Road, Penzance, TR18 with 108 addresses.
It ranks as the 841st largest of the 841 postcodes in the TR18 area.
The postcode contains a total of 108 properties: 13 houses and 95 other properties.
- Ave. Sale Price
- £170,204
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £793pcm
- 10 Year change
- up 53.1%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in TR18 3AJ
- 1 Penare Road
9 Units
- 2 Penare Road
8 Units
- 3 Penare Road
8 Units
- 4 Penare Road
5 Units
- 5 Penare Road
9 Units
Sales Market Trends
The last sale in TR18 3AJ sold for £100,000 on 30th April 2024. Since then prices are down an average of 4.8%.
The current average value in the postcode is £170,204.
The TR18 3AJ Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -3.3% | £170,204 |
| July 2025 | -3% | £175,981 |
| July 2024 | 1.8% | £181,373 |
| July 2023 | -3.2% | £178,137 |
| July 2022 | 13.8% | £184,052 |
| July 2021 | 15.7% | £161,721 |
| July 2020 | 2.4% | £139,793 |
| July 2019 | -0.3% | £136,530 |
| July 2018 | 4.2% | £136,995 |
| July 2017 | 4% | £131,430 |
| July 2016 | 2.7% | £126,386 |
| July 2015 | 2.4% | £123,045 |
| July 2014 | 1.3% | £120,200 |
| July 2013 | 1.3% | £118,666 |
| July 2012 | -0.3% | £117,144 |
| July 2011 | -2.4% | £117,537 |
| July 2010 | 4.7% | £120,478 |
| July 2009 | -10.6% | £115,102 |
| July 2008 | -3.7% | £128,785 |
| July 2007 | 0% | £133,787 |
Rental Market Trends
The current average rental value in the postcode is £793.
The TR18 3AJ Rental Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4% | £793pcm |
| July 2025 | 4.8% | £762pcm |
| July 2024 | 4.7% | £727pcm |
| July 2023 | 5.1% | £694pcm |
| July 2022 | 10.3% | £661pcm |
| July 2021 | 8% | £599pcm |
| July 2020 | 2.5% | £555pcm |
| July 2019 | 3.7% | £542pcm |
| July 2018 | 0.7% | £522pcm |
| July 2017 | 0.2% | £519pcm |
| July 2016 | 1% | £518pcm |
| July 2015 | 1.3% | £513pcm |
| July 2014 | 2.7% | £506pcm |
| July 2013 | -0.6% | £493pcm |
| July 2012 | 0.6% | £495pcm |
| July 2011 | 1.8% | £492pcm |
| July 2010 | 2.7% | £484pcm |
| July 2009 | -7.3% | £471pcm |
| July 2008 | 4.6% | £508pcm |
| July 2007 | 0% | £486pcm |
Sales History
The last recorded sale was on 30th April 2024 for £100,000 and since then the market in the area has decreased by 4.8%.
TR18 3AJ has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2024£100,000 | 2 Bed FlatFlat 4, 4, Penare Road, Penzance, TR18 3AJFlat 4, 4, Penare Road, Penzance, TR18 3AJ
- Sold Jun 2023£250,000 | 2 Bed FlatFlat 1, 15, Penare Road, Penzance, TR18 3AJFlat 1, 15, Penare Road, Penzance, TR18 3AJ
- Sold Feb 2023£510,000 | 5 Bed House13, Penare Road, Penzance, TR18 3AJ13, Penare Road, Penzance, TR18 3AJ
Nearby Postcodes
TR18 3AJ is the 841st largest and the 22nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 3AT, Penare Road, Penzance, TR18TR18 3AT2 Addresses|48 m away
- TR18 3AD, Lescudjack Road, Penzance, TR18TR18 3AD20 Addresses|68 m away
- TR18 3AE, Lescudjack Terrace, Penzance, TR18TR18 3AE20 Addresses|78 m away
- TR18 2BG, Penare Road, Penzance, TR18TR18 2BG4 Addresses|93 m away
- TR18 3AA, Lannoweth Road, Penzance, TR18TR18 3AA4 Addresses|93 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 41 properties.
- The most common rating is D.
- A (0)
- E (13)
- B (2)
- F (4)
- C (7)
- G (2)
- D (13)
- No EPC (67)
Top 3 Most Expensive Sales
- Sold Feb 2023£510,000 | 5 Bed House13, Penare Road, Penzance, TR18 3AJ13, Penare Road, Penzance, TR18 3AJ
- Sold Jan 2021£450,000 | 5 Bed House30, Penare Road, Penzance, TR18 3AJ30, Penare Road, Penzance, TR18 3AJ
- Sold Aug 2017£315,000 | 5 Bed House19, Penare Road, Penzance, TR18 3AJ19, Penare Road, Penzance, TR18 3AJ
Schools Nearby
- St Mary's Catholic School, Penzance300 m away
- Pensans Community Primary School900 m away
- Gulval School1.2 km away
- Humphry Davy School400 m away
- Mounts Bay Academy1.6 km away
- St Ives School9.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 3AJ is Penzance station, which is 300 metres away.
- Penzance|300 m away
- St Erth|8.3 km away
- Lelant Saltings|9.1 km away
- Carbis Bay|9.6 km away
