The Ropewalk - TR18 4QW
Key Postcode Insights
TR18 4QW is a residential postcode situated on The Ropewalk, Penzance, TR18 with 13 addresses.
It ranks as the 521st largest and 332nd 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 13 properties: 9 houses and 4 other properties.
- Ave. Sale Price
- £241,422
- 10 Year change
- up 44.9%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £318/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR18 4QW is a residential postcode situated on The Ropewalk, Penzance, TR18 with 13 addresses.
It ranks as the 521st largest and 332nd 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 13 properties: 9 houses and 4 other properties.
- Ave. Sale Price
- £241,422
- 10 Year change
- up 44.9%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 72.6%
- Ave. £ per ft²
- £318/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties in TR18 4QW
- 2 The Ropewalk
3 Bed Mid-century House
- 4 The Ropewalk
2 Bed Early-century House
- 6 The Ropewalk
House
- 8 The Ropewalk
2 Bed Early-century House
- 10 The Ropewalk
House
Sales Market Trends
The last sale in TR18 4QW sold for £243,000 on 12th March 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £241,422.
The TR18 4QW Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £241,422 |
| June 2025 | -1.6% | £248,174 |
| June 2024 | 1.7% | £252,088 |
| June 2023 | -2.2% | £247,806 |
| June 2022 | 15.9% | £253,380 |
| June 2021 | 17.4% | £218,702 |
| June 2020 | 0.9% | £186,276 |
| June 2019 | 0.8% | £184,689 |
| June 2018 | 4.7% | £183,177 |
| June 2017 | 4.9% | £174,894 |
| June 2016 | 4.2% | £166,660 |
| June 2015 | 1.8% | £159,973 |
| June 2014 | 1.8% | £157,216 |
| June 2013 | 1.9% | £154,487 |
| June 2012 | 0% | £151,642 |
| June 2011 | -0.8% | £151,714 |
| June 2010 | 6.4% | £152,886 |
| June 2009 | -11.5% | £143,689 |
| June 2008 | -3.4% | £162,443 |
| June 2007 | 0% | £168,074 |
Rental Market Trends
The current average rental value in the postcode is £1,113.
The TR18 4QW Rental Market has increased by 72.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,113pcm |
| June 2025 | 8.8% | £1,057pcm |
| June 2024 | 5% | £971pcm |
| June 2023 | 4.7% | £924pcm |
| June 2022 | 9.9% | £883pcm |
| June 2021 | 13.9% | £803pcm |
| June 2020 | 1.1% | £705pcm |
| June 2019 | 4.7% | £697pcm |
| June 2018 | 2.9% | £666pcm |
| June 2017 | 0.4% | £647pcm |
| June 2016 | 1.8% | £645pcm |
| June 2015 | 2.2% | £634pcm |
| June 2014 | 3% | £620pcm |
| June 2013 | -0.7% | £602pcm |
| June 2012 | 1.5% | £606pcm |
| June 2011 | 2.5% | £597pcm |
| June 2010 | 5.2% | £582pcm |
| June 2009 | -7.3% | £554pcm |
| June 2008 | 4.5% | £597pcm |
| June 2007 | 0% | £572pcm |
Sales History
The last recorded sale was on 12th March 2025 for £243,000 and since then the market in the area has decreased by 2.9%.
TR18 4QW has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Mar 2025£243,000 | 2 Bed House4, The Ropewalk, Penzance, TR18 4QW4, The Ropewalk, Penzance, TR18 4QW
- Sold Sep 2024£251,000 | 2 Bed House24, The Ropewalk, Penzance, TR18 4QW24, The Ropewalk, Penzance, TR18 4QW
- Sold Apr 2021£200,000 | 3 Bed House20, The Ropewalk, Penzance, TR18 4QW20, The Ropewalk, Penzance, TR18 4QW
Nearby Postcodes
TR18 4QW is the 521st largest and the 332nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4QY, Pine Road, Penzance, TR18TR18 4QY6 Addresses|52 m away
- TR18 4SA, Barlanwick, Penzance, TR18TR18 4SA18 Addresses|67 m away
- TR18 4RU, Trenoweth Road, Penzance, TR18TR18 4RU2 Addresses|72 m away
- TR18 4QU, Mount Pleasant, Penzance, TR18TR18 4QU22 Addresses|80 m away
- TR18 4RY, Trenoweth Crescent, Penzance, TR18TR18 4RY19 Addresses|106 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (7)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2022£450,000 | 4 Bed House89, The Ropewalk, Penzance, TR18 4QH89, The Ropewalk, Penzance, TR18 4QH
- Sold Nov 2023£395,000 | 3 Bed House75, The Ropewalk, Penzance, TR18 4QH75, The Ropewalk, Penzance, TR18 4QH
- Sold Aug 2019£367,000 | 4 Bed House83, The Ropewalk, Penzance, TR18 4QH83, The Ropewalk, Penzance, TR18 4QH
Schools Nearby
- Alverton Primary School500 m away
- Newlyn School600 m away
- St Mary's CofE Primary School, Penzance1.1 km away
- Humphry Davy School1.6 km away
- Mounts Bay Academy1.6 km away
- Cape Cornwall School9.5 km away
More reading links
Public Transport Nearby
The closest station to TR18 4QW is Penzance station, which is 1.9 kilometres away.
- Penzance|1.9 km away
- St Erth|10.1 km away
- Lelant Saltings|10.9 km away
- Carbis Bay|11.3 km away
