Gwavas Road - TR18 5EG
Key Postcode Insights
TR18 5EG is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 3 addresses.
It ranks as the 124th largest and 250th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £227,008
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,048pcm
- 10 Year change
- up 71.5%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR18 5EG is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 3 addresses.
It ranks as the 124th largest and 250th most expensive of the 841 postcodes in the TR18 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £227,008
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,048pcm
- 10 Year change
- up 71.5%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Sales Market Trends
The last sale in TR18 5EG sold for £275,000 on 14th July 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £227,008.
The TR18 5EG Sales Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £227,008 |
| June 2025 | -1.3% | £231,605 |
| June 2024 | 1% | £234,689 |
| June 2023 | -2% | £232,375 |
| June 2022 | 16.1% | £237,135 |
| June 2021 | 16.3% | £204,287 |
| June 2020 | 1% | £175,708 |
| June 2019 | 0% | £173,958 |
| June 2018 | 5% | £173,886 |
| June 2017 | 4.8% | £165,678 |
| June 2016 | 3.3% | £158,017 |
| June 2015 | 2.1% | £152,933 |
| June 2014 | 1.7% | £149,836 |
| June 2013 | 2.3% | £147,295 |
| June 2012 | -0.1% | £143,974 |
| June 2011 | -1.7% | £144,173 |
| June 2010 | 6.6% | £146,608 |
| June 2009 | -12.8% | £137,547 |
| June 2008 | -3.1% | £157,827 |
| June 2007 | 0% | £162,935 |
Rental Market Trends
The current average rental value in the postcode is £1,048.
The TR18 5EG Rental Market has increased by 71.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.1% | £1,048pcm |
| June 2025 | 9.1% | £987pcm |
| June 2024 | 4.5% | £905pcm |
| June 2023 | 4.8% | £866pcm |
| June 2022 | 10.1% | £826pcm |
| June 2021 | 13% | £750pcm |
| June 2020 | 1.2% | £664pcm |
| June 2019 | 3.9% | £656pcm |
| June 2018 | 3% | £632pcm |
| June 2017 | 0.4% | £614pcm |
| June 2016 | 0.9% | £611pcm |
| June 2015 | 2.3% | £605pcm |
| June 2014 | 3% | £592pcm |
| June 2013 | -0.2% | £575pcm |
| June 2012 | 1.6% | £576pcm |
| June 2011 | 1.5% | £567pcm |
| June 2010 | 5.3% | £559pcm |
| June 2009 | -8.7% | £530pcm |
| June 2008 | 4.5% | £581pcm |
| June 2007 | 0% | £556pcm |
Sales History
The last sale was on 14th July 2004 for £275,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
TR18 5EG has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 5EG is the 124th largest and the 250th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5JH, Trewarveneth Street, Newlyn, Penzance, TR18TR18 5JH2 Addresses|35 m away
- TR18 5EF, Boase Street, Newlyn, Penzance, TR18TR18 5EF9 Addresses|36 m away
- TR18 5EE, Harbour View Terrace, Newlyn, Penzance, TR18TR18 5EE4 Addresses|43 m away
- TR18 5EW, Cairn William Terrace, Newlyn, Penzance, TR18TR18 5EW3 Addresses|53 m away
- TR18 5JX, Church Street, Newlyn, Penzance, TR18TR18 5JX5 Addresses|57 m away
Property Types
- 3 other addresses of unknown type
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Dec 2022£613,000 | 4 Bed HousePenzer House, Gwavas Road, Penzance, TR18 5LYPenzer House, Gwavas Road, Penzance, TR18 5LY
- Sold Mar 2022£610,000 | 4 Bed HouseGlendurgan, Gwavas Road, Penzance, TR18 5LUGlendurgan, Gwavas Road, Penzance, TR18 5LU
- Sold Jun 2013£385,000 | 4 Bed HousePetros, Gwavas Road, Penzance, TR18 5LXPetros, Gwavas Road, Penzance, TR18 5LX
Schools Nearby
- Newlyn School800 m away
- Alverton Primary School1.3 km away
- St Mary's CofE Primary School, Penzance1.5 km away
- Humphry Davy School2.6 km away
- Mounts Bay Academy3.0 km away
- Cape Cornwall School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 5EG is Penzance station, which is 2.5 kilometres away.
- Penzance|2.5 km away
- St Erth|10.7 km away
- Lelant Saltings|11.6 km away
- Lelant|12.2 km away
