Parade Street - TR18 4BU
Key Postcode Insights
TR18 4BU is a residential postcode situated on Parade Street, Penzance, TR18 with 14 addresses.
It ranks as the 539th largest and 255th 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 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £219,185
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £786pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR18 4BU is a residential postcode situated on Parade Street, Penzance, TR18 with 14 addresses.
It ranks as the 539th largest and 255th 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 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £219,185
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £786pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR18 4BU
- Phoenix House
Period Building | 6 Units
- The Nook
Unknown
- 1 Parade Street
Building | 2 Flats
- 2 Parade Street
Unknown
- 4 Parade Street
Building | 4 Flats
Sales Market Trends
The last sale in TR18 4BU sold for £265,000 on 30th April 2021. Since then prices are up an average of 12.6%.
The current average value in the postcode is £219,185.
The TR18 4BU Sales Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £219,185 |
| June 2025 | -2% | £224,525 |
| June 2024 | 1.9% | £229,176 |
| June 2023 | -2.4% | £224,820 |
| June 2022 | 13.9% | £230,446 |
| June 2021 | 14.5% | £202,366 |
| June 2020 | 1.5% | £176,758 |
| June 2019 | -0.4% | £174,072 |
| June 2018 | 3.1% | £174,851 |
| June 2017 | 3.3% | £169,676 |
| June 2016 | 3.1% | £164,292 |
| June 2015 | 1.2% | £159,324 |
| June 2014 | 1.3% | £157,463 |
| June 2013 | 1.2% | £155,458 |
| June 2012 | -0.7% | £153,631 |
| June 2011 | -2.3% | £154,640 |
| June 2010 | 3.4% | £158,344 |
| June 2009 | -12% | £153,163 |
| June 2008 | -2.8% | £174,065 |
| June 2007 | 0% | £178,999 |
Rental Market Trends
The current average rental value in the postcode is £786.
The TR18 4BU Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £786pcm |
| June 2025 | 8.3% | £744pcm |
| June 2024 | 5.2% | £687pcm |
| June 2023 | 4.5% | £653pcm |
| June 2022 | 8% | £625pcm |
| June 2021 | 11% | £579pcm |
| June 2020 | 1.8% | £521pcm |
| June 2019 | 3.4% | £512pcm |
| June 2018 | 1.2% | £495pcm |
| June 2017 | -1.2% | £489pcm |
| June 2016 | 0.7% | £495pcm |
| June 2015 | 1.6% | £491pcm |
| June 2014 | 2.5% | £483pcm |
| June 2013 | -1.4% | £471pcm |
| June 2012 | 0.9% | £478pcm |
| June 2011 | 0.9% | £474pcm |
| June 2010 | 2.2% | £469pcm |
| June 2009 | -7.8% | £459pcm |
| June 2008 | 5.1% | £498pcm |
| June 2007 | 0% | £474pcm |
Sales History
The last sale was on 30th April 2021 for £265,000 and since then the market in the area has increased by 12.6%. The postcode has had a total of 15 sales since 1995.
TR18 4BU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2021£265,000 | 3 Bed FlatFlat 2, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 2, Phoenix House 8, Parade Street, Penzance, TR18 4BU
- Sold Dec 2020£168,000 | 2 Bed FlatFlat 5, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 5, Phoenix House 8, Parade Street, Penzance, TR18 4BU
- Sold Jun 2019£85,000 | 2 Bed Flat1B , Parade Street, Penzance, TR18 4BU1B , Parade Street, Penzance, TR18 4BU
- Sold Jun 2019£85,000 | 1 Bed Flat1A , Parade Street, Penzance, TR18 4BU1A , Parade Street, Penzance, TR18 4BU
- Sold May 2016£248,000 | 3 Bed FlatFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BU
Nearby Postcodes
TR18 4BU is the 539th largest and the 255th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4EQ, Parade Street, Penzance, TR18TR18 4EQ15 Addresses|38 m away
- TR18 4EG, St. Marys Close, Penzance, TR18TR18 4EG3 Addresses|45 m away
- TR18 4BQ, Queen Street, Penzance, TR18TR18 4BQ3 Addresses|48 m away
- TR18 4AD, Chapel Street, Newlyn, Penzance, TR18TR18 4AD6 Addresses|54 m away
- TR18 4SW, Parade Passage, Penzance, TR18TR18 4SW6 Addresses|59 m away
Property Types
- 12 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period flat (12)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Apr 2021£265,000 | 3 Bed FlatFlat 2, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 2, Phoenix House 8, Parade Street, Penzance, TR18 4BU
- Sold May 2016£248,000 | 3 Bed FlatFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BU
- Sold Feb 2006£235,000 | 3 Bed FlatFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BUFlat 4, Phoenix House 8, Parade Street, Penzance, TR18 4BU
Schools Nearby
- St Mary's CofE Primary School, Penzance400 m away
- Alverton Primary School900 m away
- St Mary's Catholic School, Penzance1.0 km away
- Humphry Davy School800 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 4BU is Penzance station, which is 600 metres away.
- Penzance|600 m away
- St Erth|8.9 km away
- Lelant Saltings|9.7 km away
- Carbis Bay|10.3 km away
