Gwavas Road - TR18 5LX
Key Postcode Insights
TR18 5LX is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 11 addresses.
It ranks as the 334th largest of the 841 postcodes in the TR18 area.
The postcode contains a total of 11 properties: 2 houses and 9 other properties.
- Ave. Sale Price
- £457,073
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,206pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Postcode Insights
TR18 5LX is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 11 addresses.
It ranks as the 334th largest of the 841 postcodes in the TR18 area.
The postcode contains a total of 11 properties: 2 houses and 9 other properties.
- Ave. Sale Price
- £457,073
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,206pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Properties in TR18 5LX
- Boscawen
House
- Lyonesse
House
- Peder Wella
4 Bed Mid-century House
- Pen Ross
House
- Petros
4 Bed Mid-century House
Sales Market Trends
The last sale in TR18 5LX sold for £385,000 on 27th June 2013. Since then prices are up an average of 51.1%.
The current average value in the postcode is £457,073.
The TR18 5LX Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £457,073 |
| June 2025 | -1.9% | £471,736 |
| June 2024 | 1.8% | £481,065 |
| June 2023 | -2.3% | £472,352 |
| June 2022 | 14.9% | £483,562 |
| June 2021 | 16.2% | £421,018 |
| June 2020 | 1.2% | £362,442 |
| June 2019 | 0.2% | £358,037 |
| June 2018 | 3.8% | £357,383 |
| June 2017 | 4% | £344,255 |
| June 2016 | 3.7% | £331,008 |
| June 2015 | 1.4% | £319,313 |
| June 2014 | 1.2% | £315,007 |
| June 2013 | 1.4% | £311,267 |
| June 2012 | -0.7% | £307,010 |
| June 2011 | -1.3% | £309,328 |
| June 2010 | 4.4% | £313,271 |
| June 2009 | -11.4% | £299,949 |
| June 2008 | -2.8% | £338,600 |
| June 2007 | 0% | £348,212 |
Rental Market Trends
The current average rental value in the postcode is £1,206.
The TR18 5LX Rental Market has increased by 64.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,206pcm |
| June 2025 | 8.5% | £1,150pcm |
| June 2024 | 5.3% | £1,060pcm |
| June 2023 | 4.5% | £1,006pcm |
| June 2022 | 9% | £963pcm |
| June 2021 | 12.9% | £884pcm |
| June 2020 | 1.4% | £783pcm |
| June 2019 | 4% | £772pcm |
| June 2018 | 1.9% | £742pcm |
| June 2017 | -0.4% | £729pcm |
| June 2016 | 1.3% | £732pcm |
| June 2015 | 1.6% | £722pcm |
| June 2014 | 2.4% | £711pcm |
| June 2013 | -1.1% | £694pcm |
| June 2012 | 1% | £702pcm |
| June 2011 | 1.9% | £695pcm |
| June 2010 | 3.2% | £683pcm |
| June 2009 | -7.2% | £661pcm |
| June 2008 | 4.9% | £713pcm |
| June 2007 | 0% | £679pcm |
Sales History
The last recorded sale was on 27th June 2013 for £385,000 and since then the market in the area has increased by 51.1%.
TR18 5LX has had 2 sales since 1995, none of them in the last three years.
- Sold Jun 2013£385,000 | 4 Bed HousePetros, Gwavas Road, Penzance, TR18 5LXPetros, Gwavas Road, Penzance, TR18 5LX
- Sold Nov 1996£83,500 | 4 Bed HousePetros, Gwavas Road, Penzance, TR18 5LXPetros, Gwavas Road, Penzance, TR18 5LX
Nearby Postcodes
TR18 5LX is the 334th largest and the 810th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5EQ, St. Peters Hill, Newlyn, Penzance, TR18TR18 5EQ9 Addresses|30 m away
- TR18 5PE, Sea View Terrace, Newlyn, Penzance, TR18TR18 5PE7 Addresses|40 m away
- TR18 5EL, Lyn Terrace, Newlyn, Penzance, TR18TR18 5EL6 Addresses|44 m away
- TR18 5EW, Cairn William Terrace, Newlyn, Penzance, TR18TR18 5EW3 Addresses|53 m away
- TR18 5LU, Gwavas Road, Newlyn, Penzance, TR18TR18 5LU2 Addresses|61 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (5)
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 School900 m away
- Alverton Primary School1.4 km away
- St Mary's CofE Primary School, Penzance1.6 km away
- Humphry Davy School2.7 km away
- Mounts Bay Academy3.1 km away
- Cape Cornwall School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 5LX 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
