Cornwall Terrace - TR18 4HL
Key Postcode Insights
TR18 4HL is a residential postcode situated on Cornwall Terrace, Penzance, TR18 with 26 addresses.
It ranks as the 711th largest and 409th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 12 houses, 6 flats and 8 other properties.
- Ave. Sale Price
- £260,937
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,170pcm
- 10 Year change
- up 63.3%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
TR18 4HL is a residential postcode situated on Cornwall Terrace, Penzance, TR18 with 26 addresses.
It ranks as the 711th largest and 409th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 12 houses, 6 flats and 8 other properties.
- Ave. Sale Price
- £260,937
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,170pcm
- 10 Year change
- up 63.3%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in TR18 4HL
- Flat
2 Bed Period Flat
- Stable Mews
Building  |  4 Flats
- The Maisonette
4 Bed Period Flat
- 13 Cornwall Terrace
House
- 14 Cornwall Terrace
House
Sales Market Trends
The last sale in TR18 4HL sold for £270,000 on 8th February 2024. Since then prices are down an average of 2.8%.
The current average value in the postcode is £260,937.
The TR18 4HL Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £260,937 |
| June 2025 | -2.6% | £267,991 |
| June 2024 | 2.1% | £275,044 |
| June 2023 | -2.2% | £269,414 |
| June 2022 | 14.3% | £275,446 |
| June 2021 | 15.6% | £240,988 |
| June 2020 | 1.3% | £208,472 |
| June 2019 | 0.2% | £205,698 |
| June 2018 | 3.5% | £205,201 |
| June 2017 | 4.1% | £198,183 |
| June 2016 | 3.7% | £190,368 |
| June 2015 | 1.5% | £183,578 |
| June 2014 | 1.8% | £180,854 |
| June 2013 | 1.3% | £177,658 |
| June 2012 | -0.2% | £175,330 |
| June 2011 | -1.4% | £175,707 |
| June 2010 | 4.6% | £178,209 |
| June 2009 | -10.9% | £170,301 |
| June 2008 | -3.4% | £191,102 |
| June 2007 | 0% | £197,780 |
Rental Market Trends
The current average rental value in the postcode is £1,170.
The TR18 4HL Rental Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,170pcm |
| June 2025 | 7.7% | £1,110pcm |
| June 2024 | 5.4% | £1,031pcm |
| June 2023 | 4.8% | £978pcm |
| June 2022 | 8.4% | £934pcm |
| June 2021 | 12.1% | £861pcm |
| June 2020 | 1.6% | £768pcm |
| June 2019 | 4.1% | £756pcm |
| June 2018 | 1.7% | £726pcm |
| June 2017 | -0.4% | £714pcm |
| June 2016 | 1.3% | £717pcm |
| June 2015 | 2% | £708pcm |
| June 2014 | 3.1% | £694pcm |
| June 2013 | -1.2% | £673pcm |
| June 2012 | 1.3% | £682pcm |
| June 2011 | 1.9% | £673pcm |
| June 2010 | 3.4% | £660pcm |
| June 2009 | -6.6% | £639pcm |
| June 2008 | 4.5% | £684pcm |
| June 2007 | 0% | £655pcm |
Sales History
The last recorded sale was on 8th February 2024 for £270,000 and since then the market in the area has decreased by 2.8%.
TR18 4HL has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Feb 2024£270,000 | 3 Bed House31, Cornwall Terrace, Penzance, TR18 4HL31, Cornwall Terrace, Penzance, TR18 4HL
- Sold Jun 2021£362,500 | 4 Bed House27, Cornwall Terrace, Penzance, TR18 4HL27, Cornwall Terrace, Penzance, TR18 4HL
- Sold Feb 2018£252,000 | 4 Bed House30, Cornwall Terrace, Penzance, TR18 4HL30, Cornwall Terrace, Penzance, TR18 4HL
Nearby Postcodes
TR18 4HL is the 711th largest and the 409th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4HP, Redinnick Place, Penzance, TR18TR18 4HP17 Addresses|66 m away
- TR18 4HB, Brighton Terrace, Penzance, TR18TR18 4HB12 Addresses|67 m away
- TR18 4JB, South Place Folly, Penzance, TR18TR18 4JB10 Addresses|85 m away
- TR18 4HN, Cornwall Terrace, Penzance, TR18TR18 4HN12 Addresses|97 m away
- TR18 4HD, Morrab Road, Penzance, TR18TR18 4HD4 Addresses|98 m away
Property Types
- 10 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 4 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- period house (10)
- period flat (2)
- modern flat (4)
- mid-century house (1)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (3)
- C (8)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Oct 2025£600,000 | 4 Bed House3, Cornwall Terrace, Penzance, TR18 4HN3, Cornwall Terrace, Penzance, TR18 4HN
- Sold Apr 2024£550,000 | 4 Bed House5, Cornwall Terrace, Penzance, TR18 4HN5, Cornwall Terrace, Penzance, TR18 4HN
- Sold Aug 2021£463,750 | 4 Bed House7, Cornwall Terrace, Penzance, TR18 4HN7, Cornwall Terrace, Penzance, TR18 4HN
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 Academy2.0 km away
- St Ives School10.6 km away
More reading links
Public Transport Nearby
The closest station to TR18 4HL 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
