Forbes Road - TR18 5DQ
Key Street Insights
Forbes Road is a residential street with 43 addresses.
It ranks as the 466th largest and 245th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 43 properties: 29 houses and 14 other properties.
- Ave. Sale Price
- £266,211
- 10 Year change
- up 44.6%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Street Insights
Forbes Road is a residential street with 43 addresses.
It ranks as the 466th largest and 245th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 43 properties: 29 houses and 14 other properties.
- Ave. Sale Price
- £266,211
- 10 Year change
- up 44.6%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £344/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties on Forbes Road, Newlyn, Penzance, TR18
- 1 Forbes Road
3 Bed Mid-century House
- 2 Forbes Road
3 Bed Mid-century House
- 3 Forbes Road
3 Bed Mid-century House
- 4 Forbes Road
House
- 5 Forbes Road
House
Sales Market Trends
The last sale on Forbes Road sold for £300,000 on 18th July 2025. Since then prices are down an average of 2.6%.
The current average value in the street is £266,211.
The Forbes Road Sales Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £266,211 |
| June 2025 | -1.6% | £273,471 |
| June 2024 | 1.6% | £277,856 |
| June 2023 | -2.1% | £273,575 |
| June 2022 | 15.9% | £279,482 |
| June 2021 | 17.2% | £241,197 |
| June 2020 | 0.9% | £205,837 |
| June 2019 | 0.7% | £203,933 |
| June 2018 | 4.8% | £202,434 |
| June 2017 | 4.9% | £193,103 |
| June 2016 | 4.1% | £184,126 |
| June 2015 | 1.9% | £176,877 |
| June 2014 | 1.8% | £173,643 |
| June 2013 | 1.9% | £170,631 |
| June 2012 | -0.1% | £167,440 |
| June 2011 | -0.8% | £167,647 |
| June 2010 | 6.4% | £169,007 |
| June 2009 | -11.6% | £158,807 |
| June 2008 | -3.3% | £179,694 |
| June 2007 | 0% | £185,769 |
Rental Market Trends
The current average rental value in the street is £1,136.
The Forbes Road Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,136pcm |
| June 2025 | 8.8% | £1,078pcm |
| June 2024 | 5% | £990pcm |
| June 2023 | 4.7% | £943pcm |
| June 2022 | 9.9% | £901pcm |
| June 2021 | 13.8% | £819pcm |
| June 2020 | 1.1% | £720pcm |
| June 2019 | 4.6% | £712pcm |
| June 2018 | 2.9% | £681pcm |
| June 2017 | 0.4% | £661pcm |
| June 2016 | 1.7% | £659pcm |
| June 2015 | 2.2% | £648pcm |
| June 2014 | 3% | £634pcm |
| June 2013 | -0.6% | £615pcm |
| June 2012 | 1.5% | £619pcm |
| June 2011 | 2.4% | £610pcm |
| June 2010 | 5.2% | £596pcm |
| June 2009 | -7.4% | £566pcm |
| June 2008 | 4.5% | £612pcm |
| June 2007 | 0% | £586pcm |
Sales History
The last recorded sale was on 18th July 2025 for £300,000 and since then the market in the area has decreased by 2.6%.
Forbes Road, Newlyn, Penzance, TR18 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jul 2025£300,000 | 3 Bed House2, Forbes Road, Penzance, TR18 5DQ2, Forbes Road, Penzance, TR18 5DQ
- Sold Oct 2023£200,000 | 2 Bed House41, Forbes Road, Penzance, TR18 5DQ41, Forbes Road, Penzance, TR18 5DQ
- Sold Jun 2021£243,000 | 2 Bed House30, Forbes Road, Penzance, TR18 5DQ30, Forbes Road, Penzance, TR18 5DQ
Top 3 Most Expensive Sales
- Sold Jul 2025£300,000 | 3 Bed House2, Forbes Road, Penzance, TR18 5DQ2, Forbes Road, Penzance, TR18 5DQ
- Sold Mar 2021£265,000 | 3 Bed House38, Forbes Road, Penzance, TR18 5DQ38, Forbes Road, Penzance, TR18 5DQ
- Sold Apr 2021£255,000 | 2 Bed House26, Forbes Road, Penzance, TR18 5DQ26, Forbes Road, Penzance, TR18 5DQ
Nearby Streets
Forbes Road, Newlyn, Penzance, TR18 is the 466th largest and the 245th most expensive street in the TR18 area.
- Forbes Close, Newlyn, Penzance, TR1825 Addresses|48 m away
- Faugan Road, Newlyn, Penzance, TR1825 Addresses|104 m away
- Faugan Lane, Newlyn, Penzance, TR188 Addresses|163 m away
- Chyvellas Close, Newlyn, Penzance, TR1813 Addresses|182 m away
- Gurnick Road, Newlyn, Penzance, TR1851 Addresses|192 m away
- Boskernick Close, Newlyn, Penzance, TR1810 Addresses|237 m away
Property Types
- 4 modern houses built after 1980
- 24 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- modern house (4)
- mid-century house (24)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (1)
- F (1)
- C (4)
- G (2)
- D (11)
- No EPC (15)
Schools Nearby
- Newlyn School1.2 km away
- Alverton Primary School1.7 km away
- Mousehole School1.9 km away
- Humphry Davy School3.0 km away
- Mounts Bay Academy3.2 km away
- Cape Cornwall School9.9 km away
More reading links
Public Transport Nearby
The closest station to Forbes Road, Newlyn, Penzance, TR18 - TR18 5DQ is Penzance station, which is 3.0 kilometres away.
- Penzance|3.0 km away
- St Erth|11.2 km away
- Lelant Saltings|12.1 km away
