Mounts Bay Road - TR18 4QP
Key Postcode Insights
TR18 4QP is a residential postcode situated on Mounts Bay Road, Penzance, TR18 with 14 addresses.
It ranks as the 541st largest and 449th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £268,723
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,185pcm
- 10 Year change
- up 72.2%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
TR18 4QP is a residential postcode situated on Mounts Bay Road, Penzance, TR18 with 14 addresses.
It ranks as the 541st largest and 449th most expensive of the 841 postcodes in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £268,723
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,185pcm
- 10 Year change
- up 72.2%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin TR18 4QP
- 2 Mounts Bay Road
3 Bed Mid-century House
- 3 Mounts Bay Road
Unknown
- 4A Mounts Bay Road
3 Bed Early-century House
- 4 Mounts Bay Road
3 Bed Early-century House
- 5 Mounts Bay Road
3 Bed Early-century House
Sales Market Trends
The last sale in TR18 4QP sold for £180,000 on 12th March 2025. Since then prices are up an average of 29.4%.
The current average value in the postcode is £268,723.
The TR18 4QP Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £268,723 |
| June 2025 | -1.4% | £275,413 |
| June 2024 | 1.5% | £279,390 |
| June 2023 | -2.2% | £275,233 |
| June 2022 | 15.9% | £281,352 |
| June 2021 | 17% | £242,654 |
| June 2020 | 0.9% | £207,327 |
| June 2019 | 0.5% | £205,533 |
| June 2018 | 4.8% | £204,461 |
| June 2017 | 4.9% | £195,149 |
| June 2016 | 3.8% | £185,954 |
| June 2015 | 1.8% | £179,061 |
| June 2014 | 1.8% | £175,880 |
| June 2013 | 2.1% | £172,850 |
| June 2012 | 0% | £169,377 |
| June 2011 | -1.2% | £169,426 |
| June 2010 | 6.5% | £171,415 |
| June 2009 | -12.1% | £161,007 |
| June 2008 | -3.3% | £183,169 |
| June 2007 | 0% | £189,448 |
Rental Market Trends
The current average rental value in the postcode is £1,185.
The TR18 4QP Rental Market has increased by 72.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £1,185pcm |
| June 2025 | 9% | £1,121pcm |
| June 2024 | 4.8% | £1,029pcm |
| June 2023 | 4.8% | £982pcm |
| June 2022 | 10% | £937pcm |
| June 2021 | 13.5% | £852pcm |
| June 2020 | 1.1% | £751pcm |
| June 2019 | 4.4% | £742pcm |
| June 2018 | 2.9% | £711pcm |
| June 2017 | 0.4% | £691pcm |
| June 2016 | 1.5% | £688pcm |
| June 2015 | 2.2% | £678pcm |
| June 2014 | 3% | £663pcm |
| June 2013 | -0.5% | £644pcm |
| June 2012 | 1.6% | £647pcm |
| June 2011 | 2.1% | £637pcm |
| June 2010 | 5.2% | £624pcm |
| June 2009 | -7.9% | £593pcm |
| June 2008 | 4.5% | £644pcm |
| June 2007 | 0% | £616pcm |
Sales History
The last sale was on 12th March 2025 for £180,000 and since then the market in the area has increased by 29.4%. The postcode has had a total of 9 sales since 1995.
TR18 4QP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£180,000 | 3 Bed House2, Mounts Bay Road, Penzance, TR18 4QP2, Mounts Bay Road, Penzance, TR18 4QP
- Sold Oct 2018£200,000 | 3 Bed House16, Mounts Bay Road, Penzance, TR18 4QP16, Mounts Bay Road, Penzance, TR18 4QP
- Sold Aug 2016£215,000 | 3 Bed House12, Mounts Bay Road, Penzance, TR18 4QP12, Mounts Bay Road, Penzance, TR18 4QP
- Sold Oct 2009£180,000 | 3 Bed House9, Mounts Bay Road, Penzance, TR18 4QP9, Mounts Bay Road, Penzance, TR18 4QP
- Sold May 2007£194,500 | 3 Bed House12, Mounts Bay Road, Penzance, TR18 4QP12, Mounts Bay Road, Penzance, TR18 4QP
Nearby Postcodes
TR18 4QP is the 541st largest and the 449th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4QL, The Ropewalk, Penzance, TR18TR18 4QL5 Addresses|44 m away
- TR18 4QR, Mounts Bay Road, Penzance, TR18TR18 4QR2 Addresses|68 m away
- TR18 4QH, The Ropewalk, Penzance, TR18TR18 4QH9 Addresses|77 m away
- TR18 4PA, Mount Lidden, Penzance, TR18TR18 4PA21 Addresses|88 m away
- TR18 4QJ, The Ropewalk, Penzance, TR18TR18 4QJ8 Addresses|92 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (5)
- early-century house (5)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (1)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2016£215,000 | 3 Bed House12, Mounts Bay Road, Penzance, TR18 4QP12, Mounts Bay Road, Penzance, TR18 4QP
- Sold Oct 2018£200,000 | 3 Bed House16, Mounts Bay Road, Penzance, TR18 4QP16, Mounts Bay Road, Penzance, TR18 4QP
- Sold May 2007£194,500 | 3 Bed House12, Mounts Bay Road, Penzance, TR18 4QP12, Mounts Bay Road, Penzance, TR18 4QP
Schools Nearby
- Newlyn School400 m away
- Alverton Primary School400 m away
- St Mary's CofE Primary School, Penzance900 m away
- Humphry Davy School1.6 km away
- Mounts Bay Academy1.8 km away
- Cape Cornwall School9.8 km away
More reading links
Public Transport Nearby
The closest station to TR18 4QP is Penzance station, which is 1.8 kilometres away.
- Penzance|1.8 km away
- St Erth|10.1 km away
- Lelant Saltings|10.9 km away
- Carbis Bay|11.4 km away
