The Bowjey Hill - TR18 5LW
Key Postcode Insights
TR18 5LW is a residential postcode situated on The Bowjey Hill, Newlyn, Penzance, TR18 with 7 addresses.
It ranks as the 333rd largest and 254th most expensive of the 841 postcodes in the TR18 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 6 houses and 1 other property.
- Ave. Sale Price
- £271,883
- 10 Year change
- up 44.7%
- Ave. Rental Price
- £1,198pcm
- 10 Year change
- up 72.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
TR18 5LW is a residential postcode situated on The Bowjey Hill, Newlyn, Penzance, TR18 with 7 addresses.
It ranks as the 333rd largest and 254th most expensive of the 841 postcodes in the TR18 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 6 houses and 1 other property.
- Ave. Sale Price
- £271,883
- 10 Year change
- up 44.7%
- Ave. Rental Price
- £1,198pcm
- 10 Year change
- up 72.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in TR18 5LW
- Bowjey Studio
4 Bed Modern House
- Chicago House
2 Bed House
- Chyreen
5 Bed Modern House
- Harbour Heights
4 Bed House
- Osborne House
2 Bed Period House
Sales Market Trends
The last sale in TR18 5LW sold for £200,000 on 11th May 2022. Since then prices are down an average of 3.3%.
The current average value in the postcode is £271,883.
The TR18 5LW Sales Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £271,883 |
| June 2025 | -2.3% | £280,974 |
| June 2024 | 1.7% | £287,488 |
| June 2023 | -2.1% | £282,606 |
| June 2022 | 16.1% | £288,646 |
| June 2021 | 17.6% | £248,712 |
| June 2020 | 0.9% | £211,413 |
| June 2019 | 0.9% | £209,452 |
| June 2018 | 4.9% | £207,611 |
| June 2017 | 5.3% | £197,927 |
| June 2016 | 4.2% | £187,938 |
| June 2015 | 1.8% | £180,340 |
| June 2014 | 1.5% | £177,077 |
| June 2013 | 2% | £174,414 |
| June 2012 | -0.4% | £171,072 |
| June 2011 | -0.2% | £171,675 |
| June 2010 | 6.4% | £171,973 |
| June 2009 | -10.3% | £161,605 |
| June 2008 | -3.6% | £180,083 |
| June 2007 | 0% | £186,751 |
Rental Market Trends
The current average rental value in the postcode is £1,198.
The TR18 5LW Rental Market has increased by 72.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,198pcm |
| June 2025 | 8.1% | £1,143pcm |
| June 2024 | 5.3% | £1,057pcm |
| June 2023 | 4.7% | £1,004pcm |
| June 2022 | 10.1% | £960pcm |
| June 2021 | 14.4% | £871pcm |
| June 2020 | 1.1% | £762pcm |
| June 2019 | 4.7% | £754pcm |
| June 2018 | 2.9% | £720pcm |
| June 2017 | 0.9% | £699pcm |
| June 2016 | 1.8% | £693pcm |
| June 2015 | 2% | £681pcm |
| June 2014 | 2.8% | £667pcm |
| June 2013 | -0.6% | £649pcm |
| June 2012 | 1.4% | £653pcm |
| June 2011 | 3% | £644pcm |
| June 2010 | 5.1% | £625pcm |
| June 2009 | -6% | £595pcm |
| June 2008 | 4% | £633pcm |
| June 2007 | 0% | £608pcm |
Sales History
The last recorded sale was on 11th May 2022 for £200,000 and since then the market in the area has decreased by 3.3%.
TR18 5LW has had 3 sales since 1995, none of them in the last three years.
- Sold May 2022£200,000 | 2 Bed House17, The Bowjey Hill, Penzance, TR18 5LW17, The Bowjey Hill, Penzance, TR18 5LW
- Sold Nov 2020£178,000 | 2 Bed HouseOsborne House, The Bowjey Hill, Penzance, TR18 5LWOsborne House, The Bowjey Hill, Penzance, TR18 5LW
- Sold Nov 2014£147,500 | 2 Bed HouseOsborne House, The Bowjey Hill, Penzance, TR18 5LWOsborne House, The Bowjey Hill, Penzance, TR18 5LW
Nearby Postcodes
TR18 5LW is the 333rd largest and the 254th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5NY, Bowjey Terrace, Newlyn, Penzance, TR18TR18 5NY11 Addresses|40 m away
- TR18 5PF, Newlyn, Penzance, TR18TR18 5PF7 Addresses|45 m away
- TR18 5LN, The Bowjey Hill, Newlyn, Penzance, TR18TR18 5LN6 Addresses|49 m away
- TR18 5LS, The Bowjey Hill, Newlyn, Penzance, TR18TR18 5LS3 Addresses|61 m away
- TR18 5LU, Gwavas Road, Newlyn, Penzance, TR18TR18 5LU2 Addresses|62 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 2 houses of an unknown age
- 1 other address of unknown type
- period house (2)
- modern house (2)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jan 2024£1,414,141 | 5 Bed HouseLizaire, The Bowjey Hill, Penzance, TR18 5LRLizaire, The Bowjey Hill, Penzance, TR18 5LR
- Sold Jun 2018£585,000 | 5 Bed HouseLizaire, The Bowjey Hill, Penzance, TR18 5LRLizaire, The Bowjey Hill, Penzance, TR18 5LR
- Sold Sep 2014£500,000 | 5 Bed HouseLizaire, The Bowjey Hill, Penzance, TR18 5LRLizaire, The Bowjey Hill, Penzance, TR18 5LR
Schools Nearby
- Newlyn School1.0 km away
- Alverton Primary School1.5 km away
- St Mary's CofE Primary School, Penzance1.6 km away
- Humphry Davy School2.8 km away
- Mounts Bay Academy3.2 km away
- Cape Cornwall School10.4 km away
More reading links
Public Transport Nearby
The closest station to TR18 5LW is Penzance station, which is 2.6 kilometres away.
- Penzance|2.6 km away
- St Erth|10.7 km away
- Lelant Saltings|11.6 km away
- Lelant|12.2 km away
