Alexandra Road - TR18 4LZ
Key Postcode Insights
TR18 4LZ is a residential postcode situated on Alexandra Road, Penzance, TR18 with 68 addresses.
It ranks as the 835th largest and 538th 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 68 properties: 37 houses and 31 flats.
- Ave. Sale Price
- £338,034
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 63.3%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
TR18 4LZ is a residential postcode situated on Alexandra Road, Penzance, TR18 with 68 addresses.
It ranks as the 835th largest and 538th 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 68 properties: 37 houses and 31 flats.
- Ave. Sale Price
- £338,034
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 63.3%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin TR18 4LZ
- 1 Alexandra Heights Alexandra Road
4 Bed Modern House
- 1 Alexandra Villas Alexandra Road
3 Bed Modern House
- 2 Alexandra Heights Alexandra Road
4 Bed Modern House
- 2 Alexandra Villas Alexandra Road
3 Bed Modern House
- 3 Alexandra Heights Alexandra Road
4 Bed Modern House
Sales Market Trends
The last sale in TR18 4LZ sold for £710,000 on 29th September 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £338,034.
The TR18 4LZ Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £338,034 |
| June 2025 | -2.6% | £348,312 |
| June 2024 | 2.1% | £357,749 |
| June 2023 | -2.3% | £350,350 |
| June 2022 | 14.5% | £358,422 |
| June 2021 | 15.9% | £313,028 |
| June 2020 | 1.3% | £270,074 |
| June 2019 | 0.2% | £266,719 |
| June 2018 | 3.5% | £266,295 |
| June 2017 | 4.3% | £257,200 |
| June 2016 | 3.6% | £246,570 |
| June 2015 | 1.4% | £237,996 |
| June 2014 | 1.6% | £234,770 |
| June 2013 | 1.4% | £231,140 |
| June 2012 | -0.4% | £227,956 |
| June 2011 | -1.3% | £228,790 |
| June 2010 | 4.6% | £231,765 |
| June 2009 | -10.7% | £221,590 |
| June 2008 | -3.4% | £248,244 |
| June 2007 | 0% | £256,897 |
Rental Market Trends
The current average rental value in the postcode is £1,172.
The TR18 4LZ Rental Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £1,172pcm |
| June 2025 | 7.6% | £1,115pcm |
| June 2024 | 5.4% | £1,036pcm |
| June 2023 | 4.7% | £983pcm |
| June 2022 | 8.6% | £939pcm |
| June 2021 | 12.4% | £864pcm |
| June 2020 | 1.5% | £769pcm |
| June 2019 | 4% | £757pcm |
| June 2018 | 1.7% | £728pcm |
| June 2017 | -0.2% | £716pcm |
| June 2016 | 1.2% | £717pcm |
| June 2015 | 1.8% | £709pcm |
| June 2014 | 2.8% | £696pcm |
| June 2013 | -1.1% | £677pcm |
| June 2012 | 1.2% | £685pcm |
| June 2011 | 2% | £677pcm |
| June 2010 | 3.4% | £664pcm |
| June 2009 | -6.5% | £642pcm |
| June 2008 | 4.4% | £686pcm |
| June 2007 | 0% | £657pcm |
Sales History
The last sale was on 29th September 2025 for £710,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 58 sales since 1995.
TR18 4LZ has seen 9 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£710,000 | 3 Bed HouseMelmoth, Alexandra Road, Penzance, TR18 4LZMelmoth, Alexandra Road, Penzance, TR18 4LZ
- Sold May 2025£435,000 | 4 Bed HouseTreskellan, Alexandra Road, Penzance, TR18 4LZTreskellan, Alexandra Road, Penzance, TR18 4LZ
- Sold Apr 2025£475,000 | 4 Bed House1 Alexandra Heights, Alexandra Road, Penzance, TR18 4LZ1 Alexandra Heights, Alexandra Road, Penzance, TR18 4LZ
- Sold Jan 2025£825,000 | 5 Bed HouseAlverne Hay, Alexandra Road, Penzance, TR18 4LZAlverne Hay, Alexandra Road, Penzance, TR18 4LZ
- Sold Oct 2024£600,000 | 5 Bed HouseGlen Afton, Alexandra Road, Penzance, TR18 4LZGlen Afton, Alexandra Road, Penzance, TR18 4LZ
Nearby Postcodes
TR18 4LZ is the 835th largest and the 538th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4LT, Hawkins Road, Penzance, TR18TR18 4LT14 Addresses|63 m away
- TR18 4LS, Trewithen Road, Penzance, TR18TR18 4LS34 Addresses|70 m away
- TR18 4SY, Alexandra Gardens, Penzance, TR18TR18 4SY42 Addresses|132 m away
- TR18 4TH, Alverton Road, Penzance, TR18TR18 4TH3 Addresses|132 m away
- TR18 4TG, Alverton Road, Penzance, TR18TR18 4TG6 Addresses|157 m away
Property Types
- 4 period houses built between 1800 and 1911
- 28 period flats built between 1800 and 1911
- 16 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 10 other addresses of unknown type
- period house (4)
- period flat (28)
- modern house (16)
- mid-century house (6)
- house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is E.
- A (0)
- E (13)
- B (7)
- F (2)
- C (6)
- G (0)
- D (12)
- No EPC (28)
Top 3 Most Expensive Sales
- Sold Jan 2025£825,000 | 5 Bed HouseAlverne Hay, Alexandra Road, Penzance, TR18 4LZAlverne Hay, Alexandra Road, Penzance, TR18 4LZ
- Sold Sep 2025£710,000 | 3 Bed HouseMelmoth, Alexandra Road, Penzance, TR18 4LZMelmoth, Alexandra Road, Penzance, TR18 4LZ
- Sold May 2022£675,000 | 3 Bed HouseThe Art House, Alexandra Road, Penzance, TR18 4LZThe Art House, Alexandra Road, Penzance, TR18 4LZ
Schools Nearby
- Alverton Primary School300 m away
- St Mary's CofE Primary School, Penzance500 m away
- Newlyn School800 m away
- Humphry Davy School1.1 km away
- Mounts Bay Academy1.6 km away
- Cape Cornwall School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 4LZ is Penzance station, which is 1.1 kilometres away.
- Penzance|1.1 km away
- St Erth|9.4 km away
- Lelant Saltings|10.2 km away
- Carbis Bay|10.7 km away
