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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 4LYHouse Prices / South West, Cornwall, Alexandra Road
Last updated Jun 2026
Key Postcode Insights
TR18 4LY is a residential postcode situated on Alexandra Road, Penzance, TR18 with 39 addresses.
It ranks as the 783rd largest and 34th 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 39 properties: 39 flats.
39
Properties
- Flats
Key Postcode Insights
TR18 4LY is a residential postcode situated on Alexandra Road, Penzance, TR18 with 39 addresses.
It ranks as the 783rd largest and 34th 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 39 properties: 39 flats.
39
Properties
- Flats
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House Pricesin TR18 4LY
Sale prices range from £130,373 for 1 bedroom Leasehold flats (312 ft2) to £166,630 for 2 bedroom Leasehold flats (613 ft2) .
Monthly rental prices range from £741 pcm for 1 bed flats to £892 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.8%.
The average value per square foot is £328.
Average Sale Value
£144,249
Average Rental Value
£793 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£328 /ft2
Sales Market Trendsin TR18 4LY
The last sale in TR18 4LY sold for £185,000 on 14th October 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £144,249.
The TR18 4LY Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.4% | £144,249 |
| May 2025 | -1.4% | £146,349 |
| May 2024 | 2% | £148,429 |
| May 2023 | -1% | £145,509 |
| May 2022 | 13.6% | £147,044 |
| May 2021 | 13% | £129,425 |
| May 2020 | 1.3% | £114,512 |
| May 2019 | -0.5% | £113,037 |
| May 2018 | 1.6% | £113,581 |
| May 2017 | 2.6% | £111,746 |
| May 2016 | 4.4% | £108,913 |
| May 2015 | 0.5% | £104,368 |
| May 2014 | 1.2% | £103,864 |
| May 2013 | 1% | £102,655 |
| May 2012 | -1.1% | £101,595 |
| May 2011 | -1.4% | £102,760 |
| May 2010 | 2.3% | £104,244 |
| May 2009 | -12.1% | £101,866 |
| May 2008 | -2.3% | £115,906 |
| May 2007 | 0% | £118,678 |
Rental Market Trendsin TR18 4LY
The current average rental value in the postcode is £793.
The TR18 4LY Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.3% | £793pcm |
| May 2025 | 8.9% | £753pcm |
| May 2024 | 5.7% | £691pcm |
| May 2023 | 4.3% | £654pcm |
| May 2022 | 7.6% | £627pcm |
| May 2021 | 10.1% | £583pcm |
| May 2020 | 2.4% | £530pcm |
| May 2019 | 2.9% | £517pcm |
| May 2018 | 0.5% | £502pcm |
| May 2017 | -1.3% | £500pcm |
| May 2016 | 0.7% | £507pcm |
| May 2015 | 1.8% | £503pcm |
| May 2014 | 2.3% | £494pcm |
| May 2013 | -1.5% | £483pcm |
| May 2012 | 0.7% | £491pcm |
| May 2011 | 1.3% | £488pcm |
| May 2010 | 1% | £481pcm |
| May 2009 | -6.7% | £477pcm |
| May 2008 | 4% | £511pcm |
| May 2007 | 0% | £491pcm |
Explore Buildingsin TR18 4LY, Alexandra Road, Penzance, TR18
Sales Historyin TR18 4LY
The last sale was on 14th October 2025 for £185,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
TR18 4LY has seen 1 sale in the last three years and 1 sale in the last twelve months.
Nearby Postcodesto TR18 4LY
TR18 4LY is the 783rd largest and the 34th most expensive postcode out of the 841 postcodes in the TR18 area.
- 85 mTR18 4LU, Alexandra Road, Penzance, TR18TR18 4LU8 Addresses
- 118 mTR18 4NE, Alexandra Place, Penzance, TR18TR18 4NE23 Addresses
- 129 mTR18 4NN, Mennaye, Penzance, TR18TR18 4NN2 Addresses
- 134 mTR18 4NF, Rosevale Estate, Penzance, TR18TR18 4NF19 Addresses
- 139 mTR18 4LX, Alexandra Road, Penzance, TR18TR18 4LX11 Addresses
- 148 mTR18 4FB, Gwel An Mor Road, Penzance, TR18TR18 4FB2 Addresses
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Property Typesin TR18 4LY
- 14 period flats built between 1800 and 1911
- 25 mid-century flats built between 1936 and 1979
- period flat (14)
- mid-century flat (25)
Energy Efficiencyof properties in TR18 4LY
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The dominant rating is C.
- A (0)
- E (5)
- B (0)
- F (0)
- C (25)
- G (0)
- D (6)
- No EPC (3)
Top 3 Most Expensive Saleson Alexandra Road
Schools Nearbyto TR18 4LY
The nearest primary school to TR18 4LY is Alverton Primary School which is 300 metres away.
- 300mAlverton Primary School
- 300mSt Mary's CofE Primary School, Penzance
- 700mNewlyn School
The nearest secondary school is Humphry Davy School which is 1.2 kilometres away.
- 1.2kmHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.3kmCape Cornwall School
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Public Transport Nearbyto TR18 4LY
The closest station to TR18 4LY is Penzance station which is 1.2 kilometres away.
- 1.2kmPenzance
- 9.5kmSt Erth
- 10.3kmLelant Saltings
- 10.9kmCarbis Bay