Polweath Road - TR18 3PW
Key Postcode Insights
TR18 3PW is a residential postcode situated on Polweath Road, Penzance, TR18 with 18 addresses.
It ranks as the 610th largest and 138th most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
- Ave. Sale Price
- £161,897
- 10 Year change
- up 36.5%
- Ave. Rental Price
- £886pcm
- 10 Year change
- up 62.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
TR18 3PW is a residential postcode situated on Polweath Road, Penzance, TR18 with 18 addresses.
It ranks as the 610th largest and 138th most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
- Ave. Sale Price
- £161,897
- 10 Year change
- up 36.5%
- Ave. Rental Price
- £886pcm
- 10 Year change
- up 62.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin TR18 3PW
- 1 Polweath Road
3 Bed Early-century House
- 3 Polweath Road
3 Bed Early-century House
- 5 Polweath Road
Building  |  2 Flats
- 7 Polweath Road
Building  |  2 Flats
- 9 Polweath Road
2 Bed Mid-century House
Sales Market Trends
The last sale in TR18 3PW sold for £235,000 on 6th May 2022. Since then prices are down an average of 2.7%.
The current average value in the postcode is £161,897.
The TR18 3PW Sales Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £161,897 |
| June 2025 | -1.2% | £165,889 |
| June 2024 | 1.6% | £167,949 |
| June 2023 | -2.6% | £165,284 |
| June 2022 | 14.8% | £169,637 |
| June 2021 | 15.2% | £147,780 |
| June 2020 | 1.3% | £128,333 |
| June 2019 | -0.5% | £126,676 |
| June 2018 | 3.6% | £127,254 |
| June 2017 | 3.5% | £122,822 |
| June 2016 | 3% | £118,640 |
| June 2015 | 1.2% | £115,173 |
| June 2014 | 1% | £113,808 |
| June 2013 | 1.5% | £112,688 |
| June 2012 | -0.8% | £111,034 |
| June 2011 | -2.4% | £111,911 |
| June 2010 | 3.8% | £114,611 |
| June 2009 | -12.8% | £110,384 |
| June 2008 | -2.5% | £126,603 |
| June 2007 | 0% | £129,874 |
Rental Market Trends
The current average rental value in the postcode is £886.
The TR18 3PW Rental Market has increased by 62.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £886pcm |
| June 2025 | 9.2% | £838pcm |
| June 2024 | 4.9% | £768pcm |
| June 2023 | 4.3% | £732pcm |
| June 2022 | 8.9% | £701pcm |
| June 2021 | 11.7% | £644pcm |
| June 2020 | 1.6% | £577pcm |
| June 2019 | 3.4% | £568pcm |
| June 2018 | 1.8% | £549pcm |
| June 2017 | -0.9% | £540pcm |
| June 2016 | 0.6% | £545pcm |
| June 2015 | 1.6% | £541pcm |
| June 2014 | 2.2% | £533pcm |
| June 2013 | -1.1% | £521pcm |
| June 2012 | 0.8% | £527pcm |
| June 2011 | 0.9% | £522pcm |
| June 2010 | 2.6% | £518pcm |
| June 2009 | -8.6% | £505pcm |
| June 2008 | 5.3% | £553pcm |
| June 2007 | 0% | £525pcm |
Sales History
The last sale was on 6th May 2022 for £235,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 2 sales since 1995.
TR18 3PW has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 3PW is the 610th largest and the 138th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 3PN, Polweath Road, Penzance, TR18TR18 3PN34 Addresses|35 m away
- TR18 3PP, Polweath Close, Penzance, TR18TR18 3PP22 Addresses|46 m away
- TR18 3NY, Penbrea Road, Penzance, TR18TR18 3NY13 Addresses|75 m away
- TR18 3PY, Lower Peverell Road, Penzance, TR18TR18 3PY10 Addresses|92 m away
- TR18 3PT, Penmere Place, Penzance, TR18TR18 3PT8 Addresses|98 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 6 early-century flats built between 1912 and 1935
- mid-century house (2)
- mid-century flat (2)
- early-century house (8)
- early-century flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold May 2022£235,000 | 3 Bed House1, Polweath Road, Penzance, TR18 3PW1, Polweath Road, Penzance, TR18 3PW
- Sold Apr 2022£222,000 | 3 Bed House28, Polweath Road, Penzance, TR18 3PN28, Polweath Road, Penzance, TR18 3PN
- Sold Jan 2014£140,000 | 3 Bed House35, Polweath Road, Penzance, TR18 3PN35, Polweath Road, Penzance, TR18 3PN
Schools Nearby
- St Mary's Catholic School, Penzance300 m away
- Pensans Community Primary School700 m away
- Gulval School1.2 km away
- Humphry Davy School300 m away
- Mounts Bay Academy1.2 km away
- St Ives School9.3 km away
More reading links
Public Transport Nearby
The closest station to TR18 3PW is Penzance station, which is 900 metres away.
- Penzance|900 m away
- St Erth|8.3 km away
- Lelant Saltings|9.1 km away
- Carbis Bay|9.4 km away