TR18 3EL is a residential postcode situated on Holly Terrace, Heamoor, Penzance, TR18 with 11 addresses.
It ranks as the 465th largest and 358th most expensive of the 841 postcodes in the TR18 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
TR18 3EL is a residential postcode situated on Holly Terrace, Heamoor, Penzance, TR18 with 11 addresses.
It ranks as the 465th largest and 358th most expensive of the 841 postcodes in the TR18 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
Sale prices range from £199,093 for 3 bedroom leasehold houses with a garden (1,011 ft2) to £263,839 for 3 bedroom leasehold flats (947 ft2) .
Monthly rental prices range from £913 pcm for 3 bed houses to £1,244 pcm for 3 bed flats.
The gross rental yield is between 4.2% and 5.9%.
The average value per square foot is £297.
The last sale in TR18 3EL sold for £103,000 on 21st August 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £244,175.
The TR18 3EL Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £244,175 |
| April 2025 | 0.6% | £253,720 |
| April 2024 | -0.5% | £252,117 |
| April 2023 | 2.2% | £253,430 |
| April 2022 | 15.7% | £247,877 |
| April 2021 | 12.7% | £214,158 |
| April 2020 | -0.9% | £189,979 |
| April 2019 | 1.4% | £191,618 |
| April 2018 | 3.2% | £189,001 |
| April 2017 | 3.9% | £183,140 |
| April 2016 | 5.7% | £176,215 |
| April 2015 | 0.2% | £166,667 |
| April 2014 | 1.4% | £166,336 |
| April 2013 | 2.9% | £164,005 |
| April 2012 | -0.1% | £159,459 |
| April 2011 | -1.2% | £159,667 |
| April 2010 | 3.6% | £161,607 |
| April 2009 | -12.7% | £155,988 |
| April 2008 | -1.9% | £178,723 |
| April 2007 | 0% | £182,125 |
The current average rental value in the postcode is £1,138.
The TR18 3EL Rental Market has increased by 67.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £1,138pcm |
| April 2025 | 10.4% | £1,091pcm |
| April 2024 | 4.6% | £989pcm |
| April 2023 | 5.2% | £945pcm |
| April 2022 | 9.7% | £899pcm |
| April 2021 | 11.4% | £819pcm |
| April 2020 | 1.9% | £735pcm |
| April 2019 | 2.9% | £721pcm |
| April 2018 | 2.1% | £701pcm |
| April 2017 | 1% | £686pcm |
| April 2016 | 0.3% | £679pcm |
| April 2015 | 2.7% | £677pcm |
| April 2014 | 2.4% | £659pcm |
| April 2013 | 0% | £644pcm |
| April 2012 | 1.5% | £644pcm |
| April 2011 | 2% | £635pcm |
| April 2010 | 2% | £622pcm |
| April 2009 | -7.3% | £610pcm |
| April 2008 | 5.1% | £658pcm |
| April 2007 | 0% | £626pcm |
The last sale was on 21st August 2025 for £103,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 16 sales since 1995.
TR18 3EL has seen 2 sales in the last three years and 1 sale in the last twelve months.
TR18 3EL is the 465th largest and the 358th most expensive postcode out of the 841 postcodes in the TR18 area.
Be the first Estate
Agent here!
The closest station to TR18 3EL is Penzance station which is 1.7 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around TR18 3EL, 43.0% of property is privately owned outright and 32.8% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR18 3EL, 14.5% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR18 3EL, the average age was 45.1 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR18 3EL, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR18 3EL, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.