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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
TR18 4LUHouse Prices / South West, Cornwall, Alexandra Road
Last updated May 2026
Key Postcode Insights
TR18 4LU is a residential postcode situated on Alexandra Road, Penzance, TR18 with 8 addresses.
It ranks as the 362nd largest and 33rd most expensive of the 841 postcodes in the TR18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
8
Properties
- Flats
Key Postcode Insights
TR18 4LU is a residential postcode situated on Alexandra Road, Penzance, TR18 with 8 addresses.
It ranks as the 362nd largest and 33rd most expensive of the 841 postcodes in the TR18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
8
Properties
- Flats
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House Pricesin TR18 4LU
Sale prices range from £102,893 for 2 bedroom Leasehold flats with a balcony (484 ft2) to £142,309 for 3 bedroom Leasehold flats with a balcony (961 ft2) .
Monthly rental prices range from £676 pcm for 2 bed flats to £712 pcm for 3 bed flats.
The gross rental yield is between 6.0% and 7.9%.
The average value per square foot is £163.
Average Sale Value
£124,603
Average Rental Value
£696 pcm
Average Rental Yield
6.7% /year
Average Value Per Sqft
£163 /ft2
Sales Market Trendsin TR18 4LU
The last sale in TR18 4LU sold for £117,000 on 24th January 2025. Since then prices are down an average of 2.1%.
The current average value in the postcode is £124,603.
The TR18 4LU Sales Market has increased by 30.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £124,603 |
| April 2025 | -0.1% | £126,743 |
| April 2024 | -0.5% | £126,911 |
| April 2023 | 1.4% | £127,585 |
| April 2022 | 13.9% | £125,801 |
| April 2021 | 10.5% | £110,469 |
| April 2020 | -0.1% | £99,993 |
| April 2019 | 1.1% | £100,109 |
| April 2018 | 1% | £99,055 |
| April 2017 | 2.5% | £98,074 |
| April 2016 | 4.3% | £95,710 |
| April 2015 | -0.1% | £91,725 |
| April 2014 | 1.1% | £91,840 |
| April 2013 | 1.5% | £90,879 |
| April 2012 | -0.4% | £89,567 |
| April 2011 | -1.7% | £89,966 |
| April 2010 | 1.4% | £91,484 |
| April 2009 | -11.7% | £90,253 |
| April 2008 | -2.1% | £102,198 |
| April 2007 | 0% | £104,376 |
Rental Market Trendsin TR18 4LU
The current average rental value in the postcode is £696.
The TR18 4LU Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6.6% | £696pcm |
| April 2025 | 9.5% | £653pcm |
| April 2024 | 4.5% | £597pcm |
| April 2023 | 4.3% | £571pcm |
| April 2022 | 8% | £547pcm |
| April 2021 | 9.2% | £507pcm |
| April 2020 | 2.8% | £464pcm |
| April 2019 | 2.5% | £452pcm |
| April 2018 | 0% | £441pcm |
| April 2017 | -0.5% | £441pcm |
| April 2016 | -1.1% | £443pcm |
| April 2015 | 2.6% | £448pcm |
| April 2014 | 2% | £436pcm |
| April 2013 | -1.4% | £428pcm |
| April 2012 | 1.2% | £434pcm |
| April 2011 | 1.6% | £429pcm |
| April 2010 | -0.2% | £422pcm |
| April 2009 | -6.2% | £423pcm |
| April 2008 | 5% | £451pcm |
| April 2007 | 0% | £430pcm |
Explore Buildingsin TR18 4LU, Alexandra Road, Penzance, TR18
- Mennay Court, Alexandra Road, Penzance, TR18 Mid-century building 8 units
Sales Historyin TR18 4LU
The last sale was on 24th January 2025 for £117,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 15 sales since 1995.
TR18 4LU has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Jan 2025£117,000 | 3 Bed FlatAlexandra Road6 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Dec 2023£100,000 | 2 Bed FlatAlexandra Road8 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Jun 2023£200,000 | 3 Bed FlatAlexandra Road3 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Jul 2017£134,000 | 2 Bed FlatAlexandra Road7 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Dec 2015£110,000 | 2 Bed FlatAlexandra Road7 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Jun 2013£160,000 | 3 Bed FlatAlexandra Road6 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Aug 2011£164,500 | 2 Bed FlatAlexandra Road1 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Apr 2010£162,000 | 3 Bed FlatAlexandra Road2 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Apr 2009£155,000 | 2 Bed FlatAlexandra Road1 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Apr 2009£155,000 | 2 Bed FlatAlexandra Road1 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Apr 2002£89,950 | 2 Bed FlatAlexandra Road7 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Apr 2002£92,000 | 2 Bed FlatAlexandra Road1 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Dec 1998£28,000 | 2 Bed FlatAlexandra Road8 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Jul 1998£68,000 | 2 Bed FlatAlexandra Road1 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Sold Jun 1997£39,500 | 2 Bed FlatAlexandra Road7 Mennay Court, Alexandra Road, Penzance, TR18 4LU
Nearby Postcodesto TR18 4LU
TR18 4LU is the 362nd largest and the 33rd most expensive postcode out of the 841 postcodes in the TR18 area.
- 34 mTR18 4NE, Alexandra Place, Penzance, TR18TR18 4NE19 Addresses
- 64 mTR18 4LX, Alexandra Road, Penzance, TR18TR18 4LX11 Addresses
- 78 mTR18 4NT, Mennaye Road, Penzance, TR18TR18 4NT15 Addresses
- 85 mTR18 4LY, Alexandra Road, Penzance, TR18TR18 4LY39 Addresses
- 88 mTR18 4NG, Mennaye Road, Penzance, TR18TR18 4NG41 Addresses
- 102 mTR18 4FA, Alexandra Road, Penzance, TR18TR18 4FA27 Addresses
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Property Typesin TR18 4LU
- 8 mid-century flats built between 1936 and 1979
- mid-century flat (8)
Energy Efficiencyof properties in TR18 4LU
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (2)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Saleson Alexandra Road
Schools Nearbyto TR18 4LU
The nearest primary school to TR18 4LU is St Mary's CofE Primary School, Penzance which is 231 metres away.
- 231mSt Mary's CofE Primary School, Penzance
- 371mAlverton Primary School
- 780mNewlyn School
The nearest secondary school is Humphry Davy School which is 1.2 kilometres away.
- 1.2kmHumphry Davy School
- 1.9kmMounts Bay Academy
- 10.4kmCape Cornwall School
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Public Transport Nearbyto TR18 4LU
The closest station to TR18 4LU is Penzance station which is 1.1 kilometres away.
- 1.1kmPenzance
- 9.4kmSt Erth
- 10.2kmLelant Saltings
- 10.8kmCarbis Bay