Old Paul Hill - TR18 5BU
Key Postcode Insights
TR18 5BU is a residential postcode situated on Old Paul Hill, Newlyn, Penzance, TR18 with 1 addresses.
It ranks as the 35th largest and 785th 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 1 properties: 1 house.
- Ave. Sale Price
- £530,852
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £1,306pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
TR18 5BU is a residential postcode situated on Old Paul Hill, Newlyn, Penzance, TR18 with 1 addresses.
It ranks as the 35th largest and 785th 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 1 properties: 1 house.
- Ave. Sale Price
- £530,852
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £1,306pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Sales Market Trends
The last sale in TR18 5BU sold for £340,000 on 27th August 2010. Since then prices are up an average of 58.0%.
The current average value in the postcode is £530,852.
The TR18 5BU Sales Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £530,852 |
| June 2025 | -2.4% | £551,274 |
| June 2024 | 2.2% | £564,661 |
| June 2023 | -2.2% | £552,412 |
| June 2022 | 15.9% | £564,905 |
| June 2021 | 18.4% | £487,547 |
| June 2020 | 0.9% | £411,860 |
| June 2019 | 1.5% | £408,377 |
| June 2018 | 4.8% | £402,515 |
| June 2017 | 5.3% | £384,211 |
| June 2016 | 4.9% | £364,842 |
| June 2015 | 1.6% | £347,904 |
| June 2014 | 1.6% | £342,377 |
| June 2013 | 1.6% | £336,993 |
| June 2012 | -0.3% | £331,642 |
| June 2011 | 0.4% | £332,550 |
| June 2010 | 6.3% | £331,073 |
| June 2009 | -9.4% | £311,565 |
| June 2008 | -3.7% | £343,721 |
| June 2007 | 0% | £356,920 |
Rental Market Trends
The current average rental value in the postcode is £1,306.
The TR18 5BU Rental Market has increased by 73.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,306pcm |
| June 2025 | 8% | £1,252pcm |
| June 2024 | 5.7% | £1,160pcm |
| June 2023 | 4.6% | £1,098pcm |
| June 2022 | 9.9% | £1,049pcm |
| June 2021 | 15% | £955pcm |
| June 2020 | 1.1% | £830pcm |
| June 2019 | 5.3% | £821pcm |
| June 2018 | 2.8% | £780pcm |
| June 2017 | 0.8% | £758pcm |
| June 2016 | 2.4% | £752pcm |
| June 2015 | 1.9% | £734pcm |
| June 2014 | 2.8% | £720pcm |
| June 2013 | -0.9% | £700pcm |
| June 2012 | 1.4% | £707pcm |
| June 2011 | 3.7% | £697pcm |
| June 2010 | 5% | £672pcm |
| June 2009 | -5.1% | £640pcm |
| June 2008 | 4% | £674pcm |
| June 2007 | 0% | £648pcm |
Sales History
The last sale was on 27th August 2010 for £340,000 and since then the market in the area has increased by 58.0%. The postcode has had a total of 1 sales since 1995.
TR18 5BU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 5BU is the 35th largest and the 785th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5HX, Chypon Terrace, Newlyn, Penzance, TR18TR18 5HX4 Addresses|27 m away
- TR18 5HQ, Chywoone Hill, Newlyn, Penzance, TR18TR18 5HQ9 Addresses|30 m away
- TR18 5BS, Old Paul Hill, Newlyn, Penzance, TR18TR18 5BS3 Addresses|31 m away
- TR18 5AD, Lower Chywoone Hill, Newlyn, Penzance, TR18TR18 5AD3 Addresses|35 m away
- TR18 5HU, Clifton Hill, Newlyn, Penzance, TR18TR18 5HU7 Addresses|38 m away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2023£480,000 | 4 Bed HouseTaormina, Old Paul Hill, Penzance, TR18 5BXTaormina, Old Paul Hill, Penzance, TR18 5BX
- Sold Feb 2021£475,000 | 5 Bed HouseBelmont, Old Paul Hill, Penzance, TR18 5BSBelmont, Old Paul Hill, Penzance, TR18 5BS
- Sold Jan 2021£475,000 | 4 Bed HouseMarine Lodge, Old Paul Hill, Penzance, TR18 5BXMarine Lodge, Old Paul Hill, Penzance, TR18 5BX
Schools Nearby
- Newlyn School300 m away
- Alverton Primary School900 m away
- St Mary's CofE Primary School, Penzance1.2 km away
- Humphry Davy School2.2 km away
- Mounts Bay Academy2.5 km away
- Cape Cornwall School9.9 km away
More reading links
Public Transport Nearby
The closest station to TR18 5BU is Penzance station, which is 2.2 kilometres away.
- Penzance|2.2 km away
- St Erth|10.4 km away
- Lelant Saltings|11.3 km away
- Carbis Bay|11.9 km away
