Chapel Street - TR18 4AQ
Key Postcode Insights
TR18 4AQ is a residential postcode situated on Chapel Street, Newlyn, Penzance, TR18 with 36 addresses.
It ranks as the 765th largest and 549th 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 36 properties: 15 houses, 20 flats and 1 other property.
- Ave. Sale Price
- £312,089
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £983pcm
- 10 Year change
- up 63.0%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
TR18 4AQ is a residential postcode situated on Chapel Street, Newlyn, Penzance, TR18 with 36 addresses.
It ranks as the 765th largest and 549th 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 36 properties: 15 houses, 20 flats and 1 other property.
- Ave. Sale Price
- £312,089
- 10 Year change
- up 36.9%
- Ave. Rental Price
- £983pcm
- 10 Year change
- up 63.0%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin TR18 4AQ
- Bell Tower
Building  |  4 Flats
- Dock Cottage
2 Bed Period House
- Harbour View
3 Bed Period House
- 28 Chapel Street
Building  |  2 Flats
- 29 Chapel Street
Building  |  4 Flats
Sales Market Trends
The last sale in TR18 4AQ sold for £168,000 on 21st August 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £312,089.
The TR18 4AQ Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £312,089 |
| June 2025 | -2.6% | £320,838 |
| June 2024 | 2.1% | £329,319 |
| June 2023 | -2.2% | £322,497 |
| June 2022 | 14.3% | £329,884 |
| June 2021 | 15.6% | £288,535 |
| June 2020 | 1.3% | £249,566 |
| June 2019 | 0.2% | £246,258 |
| June 2018 | 3.5% | £245,778 |
| June 2017 | 4.1% | £237,424 |
| June 2016 | 3.6% | £228,039 |
| June 2015 | 1.4% | £220,043 |
| June 2014 | 1.7% | £216,909 |
| June 2013 | 1.3% | £213,270 |
| June 2012 | -0.3% | £210,508 |
| June 2011 | -1.4% | £211,096 |
| June 2010 | 4.5% | £214,103 |
| June 2009 | -10.9% | £204,848 |
| June 2008 | -3.4% | £229,781 |
| June 2007 | 0% | £237,794 |
Rental Market Trends
The current average rental value in the postcode is £983.
The TR18 4AQ Rental Market has increased by 63.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £983pcm |
| June 2025 | 7.7% | £934pcm |
| June 2024 | 5.4% | £867pcm |
| June 2023 | 4.7% | £822pcm |
| June 2022 | 8.4% | £786pcm |
| June 2021 | 12.1% | £724pcm |
| June 2020 | 1.6% | £646pcm |
| June 2019 | 4% | £636pcm |
| June 2018 | 1.7% | £611pcm |
| June 2017 | -0.4% | £601pcm |
| June 2016 | 1.2% | £603pcm |
| June 2015 | 1.9% | £596pcm |
| June 2014 | 3% | £585pcm |
| June 2013 | -1.2% | £568pcm |
| June 2012 | 1.3% | £575pcm |
| June 2011 | 1.9% | £568pcm |
| June 2010 | 3.3% | £557pcm |
| June 2009 | -6.6% | £540pcm |
| June 2008 | 4.5% | £578pcm |
| June 2007 | 0% | £553pcm |
Sales History
The last sale was on 21st August 2025 for £168,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 61 sales since 1995.
TR18 4AQ has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£168,000 | 3 Bed FlatFlat 2, 38, Chapel Street, Penzance, TR18 4AQFlat 2, 38, Chapel Street, Penzance, TR18 4AQ
- Sold Oct 2024£475,000 | 4 Bed FlatFlat 5, 38, Chapel Street, Penzance, TR18 4AQFlat 5, 38, Chapel Street, Penzance, TR18 4AQ
- Sold Aug 2023£3,500 | 3 Bed FlatFlat 6, 38, Chapel Street, Penzance, TR18 4AQFlat 6, 38, Chapel Street, Penzance, TR18 4AQ
- Sold Mar 2023£250,000 | 2 Bed Flat1 Bell Tower, Chapel Street, Penzance, TR18 4AQ1 Bell Tower, Chapel Street, Penzance, TR18 4AQ
- Sold Oct 2022£472,500 | 3 Bed House30, Chapel Street, Penzance, TR18 4AQ30, Chapel Street, Penzance, TR18 4AQ
Nearby Postcodes
TR18 4AQ is the 765th largest and the 549th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4AP, Chapel Street, Newlyn, Penzance, TR18TR18 4AP7 Addresses|22 m away
- TR18 4AR, Abbey Street, Penzance, TR18TR18 4AR9 Addresses|41 m away
- TR18 4AF, Chapel Street, Newlyn, Penzance, TR18TR18 4AF16 Addresses|87 m away
- TR18 4AS, Dock Lane, Penzance, TR18TR18 4AS7 Addresses|90 m away
- TR18 4GA, Under Chapel Mews, Penzance, TR18TR18 4GA4 Addresses|101 m away
Property Types
- 11 period houses built between 1800 and 1911
- 18 period flats built between 1800 and 1911
- 4 modern flats built after 1980
- 2 houses of an unknown age
- 1 other address of unknown type
- period house (11)
- period flat (18)
- modern flat (4)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (0)
- C (7)
- G (0)
- D (10)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2025£865,000 | 5 Bed House24, Chapel Street, Penzance, TR18 4AP24, Chapel Street, Penzance, TR18 4AP
- Sold Nov 2021£780,000 | 5 Bed House45, Chapel Street, Penzance, TR18 4AQ45, Chapel Street, Penzance, TR18 4AQ
- Sold Jun 2010£625,000 | 5 Bed House21, Chapel Street, Penzance, TR18 4AW21, Chapel Street, Penzance, TR18 4AW
Schools Nearby
- St Mary's CofE Primary School, Penzance500 m away
- St Mary's Catholic School, Penzance1.1 km away
- Alverton Primary School1.1 km away
- Humphry Davy School1.0 km away
- Mounts Bay Academy2.1 km away
- St Ives School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 4AQ is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
- Lelant|10.2 km away
