Mennaye Road - TR18 4NG
Key Postcode Insights
TR18 4NG is a residential postcode situated on Mennaye Road, Penzance, TR18 with 41 addresses.
It ranks as the 790th largest and 342nd 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 41 properties: 22 houses and 19 flats.
- Ave. Sale Price
- £281,586
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £1,141pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
TR18 4NG is a residential postcode situated on Mennaye Road, Penzance, TR18 with 41 addresses.
It ranks as the 790th largest and 342nd 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 41 properties: 22 houses and 19 flats.
- Ave. Sale Price
- £281,586
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £1,141pcm
- 10 Year change
- up 63.2%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin TR18 4NG
- Dalton Cottage
2 Bed Mid-century House
- 1 Mennaye Road
4 Bed House
- 3 Mennaye Road
Building  |  2 Flats
- 4 Mennaye Road
House
- 5 Mennaye Road
5 Bed Period House
Sales Market Trends
The last sale in TR18 4NG sold for £375,000 on 1st September 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £281,586.
The TR18 4NG Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £281,586 |
| June 2025 | -2.6% | £290,135 |
| June 2024 | 2.1% | £297,861 |
| June 2023 | -2.3% | £291,627 |
| June 2022 | 14.5% | £298,460 |
| June 2021 | 15.9% | £260,679 |
| June 2020 | 1.3% | £224,915 |
| June 2019 | 0.2% | £222,118 |
| June 2018 | 3.5% | £221,783 |
| June 2017 | 4.3% | £214,292 |
| June 2016 | 3.6% | £205,528 |
| June 2015 | 1.3% | £198,336 |
| June 2014 | 1.5% | £195,748 |
| June 2013 | 1.4% | £192,842 |
| June 2012 | -0.4% | £190,179 |
| June 2011 | -1.3% | £190,945 |
| June 2010 | 4.5% | £193,535 |
| June 2009 | -10.8% | £185,229 |
| June 2008 | -3.3% | £207,564 |
| June 2007 | 0% | £214,717 |
Rental Market Trends
The current average rental value in the postcode is £1,141.
The TR18 4NG Rental Market has increased by 63.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £1,141pcm |
| June 2025 | 7.7% | £1,085pcm |
| June 2024 | 5.4% | £1,008pcm |
| June 2023 | 4.6% | £956pcm |
| June 2022 | 8.6% | £914pcm |
| June 2021 | 12.4% | £841pcm |
| June 2020 | 1.5% | £748pcm |
| June 2019 | 4% | £737pcm |
| June 2018 | 1.7% | £709pcm |
| June 2017 | -0.3% | £697pcm |
| June 2016 | 1.2% | £699pcm |
| June 2015 | 1.8% | £690pcm |
| June 2014 | 2.8% | £678pcm |
| June 2013 | -1.1% | £660pcm |
| June 2012 | 1.2% | £668pcm |
| June 2011 | 1.9% | £660pcm |
| June 2010 | 3.3% | £648pcm |
| June 2009 | -6.5% | £627pcm |
| June 2008 | 4.5% | £671pcm |
| June 2007 | 0% | £642pcm |
Sales History
The last sale was on 1st September 2025 for £375,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 42 sales since 1995.
TR18 4NG has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£375,000 | 4 Bed House21, Mennaye Road, Penzance, TR18 4NG21, Mennaye Road, Penzance, TR18 4NG
- Sold Jul 2023£495,000 | 5 Bed House5, Mennaye Road, Penzance, TR18 4NG5, Mennaye Road, Penzance, TR18 4NG
- Sold Mar 2023£450,000 | 4 Bed House13, Mennaye Road, Penzance, TR18 4NG13, Mennaye Road, Penzance, TR18 4NG
- Sold Apr 2021£315,000 | 5 Bed House10, Mennaye Road, Penzance, TR18 4NG10, Mennaye Road, Penzance, TR18 4NG
- Sold Feb 2021£410,000 | 5 Bed House15, Mennaye Road, Penzance, TR18 4NG15, Mennaye Road, Penzance, TR18 4NG
Nearby Postcodes
TR18 4NG is the 790th largest and the 342nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4HS, Bay View Terrace, Newlyn, Penzance, TR18TR18 4HS47 Addresses|40 m away
- TR18 4NT, Mennaye Road, Penzance, TR18TR18 4NT15 Addresses|52 m away
- TR18 4LX, Alexandra Road, Penzance, TR18TR18 4LX11 Addresses|56 m away
- TR18 4NE, Alexandra Place, Penzance, TR18TR18 4NE23 Addresses|59 m away
- TR18 4LU, Alexandra Road, Penzance, TR18TR18 4LU8 Addresses|88 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 4 houses of an unknown age
- 27 other addresses of unknown type
- period house (9)
- mid-century house (1)
- house (4)
- Unknown (27)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (5)
- G (1)
- D (5)
- No EPC (26)
Top 3 Most Expensive Sales
- Sold Jul 2023£495,000 | 5 Bed House5, Mennaye Road, Penzance, TR18 4NG5, Mennaye Road, Penzance, TR18 4NG
- Sold Mar 2023£450,000 | 4 Bed House13, Mennaye Road, Penzance, TR18 4NG13, Mennaye Road, Penzance, TR18 4NG
- Sold Feb 2021£410,000 | 5 Bed House15, Mennaye Road, Penzance, TR18 4NG15, Mennaye Road, Penzance, TR18 4NG
Schools Nearby
- St Mary's CofE Primary School, Penzance100 m away
- Alverton Primary School500 m away
- Newlyn School800 m away
- Humphry Davy School1.2 km away
- Mounts Bay Academy1.9 km away
- Cape Cornwall School10.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 4NG 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|10.8 km away
