Promenade - TR18 4HH
Key Postcode Insights
TR18 4HH is a residential postcode situated on Promenade, Penzance, TR18 with 28 addresses.
It ranks as the 724th largest and 92nd 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 28 properties: 1 house and 27 flats.
- Ave. Sale Price
- £174,294
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £799pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR18 4HH is a residential postcode situated on Promenade, Penzance, TR18 with 28 addresses.
It ranks as the 724th largest and 92nd 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 28 properties: 1 house and 27 flats.
- Ave. Sale Price
- £174,294
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £799pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin TR18 4HH
- The Cottage
2 Bed Period House
- The Coffee Pot
Building | 2 Flats
- The Mission
Period Building | 14 Units
- The Pavilions
Period Building | 11 Units
Sales Market Trends
The last sale in TR18 4HH sold for £140,000 on 8th November 2006. Since then prices are down an average of 0.0%.
The current average value in the postcode is £174,294.
The TR18 4HH Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £174,294 |
| June 2025 | -2.3% | £178,501 |
| June 2024 | 2% | £182,757 |
| June 2023 | -2.3% | £179,155 |
| June 2022 | 13.7% | £183,441 |
| June 2021 | 14.4% | £161,366 |
| June 2020 | 1.6% | £141,013 |
| June 2019 | -0.3% | £138,810 |
| June 2018 | 3% | £139,288 |
| June 2017 | 3.3% | £135,247 |
| June 2016 | 3.2% | £130,895 |
| June 2015 | 1.3% | £126,802 |
| June 2014 | 1.5% | £125,206 |
| June 2013 | 1.1% | £123,373 |
| June 2012 | -0.5% | £121,980 |
| June 2011 | -2.2% | £122,635 |
| June 2010 | 3.5% | £125,402 |
| June 2009 | -11.7% | £121,155 |
| June 2008 | -2.9% | £137,154 |
| June 2007 | 0% | £141,250 |
Rental Market Trends
The current average rental value in the postcode is £799.
The TR18 4HH Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £799pcm |
| June 2025 | 8% | £756pcm |
| June 2024 | 5.3% | £700pcm |
| June 2023 | 4.6% | £665pcm |
| June 2022 | 7.8% | £636pcm |
| June 2021 | 11% | £589pcm |
| June 2020 | 1.9% | £531pcm |
| June 2019 | 3.5% | £521pcm |
| June 2018 | 1.2% | £504pcm |
| June 2017 | -1.2% | £498pcm |
| June 2016 | 0.9% | £504pcm |
| June 2015 | 1.7% | £499pcm |
| June 2014 | 2.7% | £491pcm |
| June 2013 | -1.4% | £478pcm |
| June 2012 | 1% | £485pcm |
| June 2011 | 1% | £480pcm |
| June 2010 | 2.3% | £475pcm |
| June 2009 | -7.4% | £464pcm |
| June 2008 | 5% | £502pcm |
| June 2007 | 0% | £478pcm |
Sales History
The last sale was on 8th November 2006 for £140,000 and since then the market in the area has remained stable. The postcode has had a total of 6 sales since 1995.
TR18 4HH has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2006£140,000 | 3 Bed FlatFlat 1, The Mission, Promenade, Penzance, TR18 4HHFlat 1, The Mission, Promenade, Penzance, TR18 4HH
- Sold Sep 2003£68,000 | 1 Bed FlatFlat 5, The Mission, Promenade, Penzance, TR18 4HHFlat 5, The Mission, Promenade, Penzance, TR18 4HH
- Sold Sep 2003£76,500 | 1 Bed FlatFlat 4, The Mission, Promenade, Penzance, TR18 4HHFlat 4, The Mission, Promenade, Penzance, TR18 4HH
- Sold Sep 2003£102,000 | 2 Bed FlatFlat 3, The Mission, Promenade, Penzance, TR18 4HHFlat 3, The Mission, Promenade, Penzance, TR18 4HH
- Sold Sep 2003£110,500 | 2 Bed FlatFlat 2, The Mission, Promenade, Penzance, TR18 4HHFlat 2, The Mission, Promenade, Penzance, TR18 4HH
Nearby Postcodes
TR18 4HH is the 724th largest and the 92nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4DE, Queen Street, Penzance, TR18TR18 4DE5 Addresses|29 m away
- TR18 4DF, Queen Street, Penzance, TR18TR18 4DF1 Addresses|30 m away
- TR18 4DP, South Terrace, Penzance, TR18TR18 4DP19 Addresses|65 m away
- TR18 4DU, Daniel Place, Penzance, TR18TR18 4DU56 Addresses|81 m away
- TR18 4DT, Carnes Buildings, Penzance, TR18TR18 4DT4 Addresses|83 m away
Property Types
- 1 period house built between 1800 and 1911
- 27 period flats built between 1800 and 1911
- period house (1)
- period flat (27)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is E.
- A (0)
- E (10)
- B (0)
- F (0)
- C (8)
- G (0)
- D (7)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Dec 2021£500,000 | 3 Bed Flat4 Carlton Apartments, Promenade, Penzance, TR18 4NW4 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Dec 2024£399,000 | 3 Bed Flat3 Carlton Apartments, Promenade, Penzance, TR18 4NW3 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Nov 2021£387,000 | 3 Bed Flat3 Carlton Apartments, Promenade, Penzance, TR18 4NW3 Carlton Apartments, Promenade, Penzance, TR18 4NW
Schools Nearby
- St Mary's CofE Primary School, Penzance100 m away
- Alverton Primary School700 m away
- Newlyn School1.0 km away
- Humphry Davy School1.2 km away
- Mounts Bay Academy2.1 km away
- St Ives School10.6 km away
More reading links
Public Transport Nearby
The closest station to TR18 4HH is Penzance station, which is 1.0 kilometres away.
- Penzance|1.0 km away
- St Erth|9.2 km away
- Lelant Saltings|10.0 km away
- Lelant|10.7 km away
