Gwavas Road - TR18 5LZ
Key Postcode Insights
TR18 5LZ is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 18 addresses.
It ranks as the 600th largest and 162nd most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 12 houses, 5 flats and 1 other property.
- Ave. Sale Price
- £180,108
- 10 Year change
- up 38.3%
- Ave. Rental Price
- £965pcm
- 10 Year change
- up 65.2%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
TR18 5LZ is a residential postcode situated on Gwavas Road, Newlyn, Penzance, TR18 with 18 addresses.
It ranks as the 600th largest and 162nd most expensive of the 841 postcodes in the TR18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 12 houses, 5 flats and 1 other property.
- Ave. Sale Price
- £180,108
- 10 Year change
- up 38.3%
- Ave. Rental Price
- £965pcm
- 10 Year change
- up 65.2%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in TR18 5LZ
- 1A Gwavas Road
4 Bed Modern House
- 1 Gwavas Road
2 Bed Early-century House
- 2 Gwavas Road
2 Bed Early-century House
- 3 Gwavas Road
2 Bed Early-century House
- 4 Gwavas Road
3 Bed Early-century House
Sales Market Trends
The last sale in TR18 5LZ sold for £114,000 on 13th November 2023. Since then prices are down an average of 0.6%.
The current average value in the postcode is £180,108.
The TR18 5LZ Sales Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £180,108 |
| June 2025 | -1.7% | £185,240 |
| June 2024 | 1.6% | £188,351 |
| June 2023 | -2.3% | £185,321 |
| June 2022 | 15% | £189,749 |
| June 2021 | 15.8% | £164,995 |
| June 2020 | 1.3% | £142,447 |
| June 2019 | 0% | £140,660 |
| June 2018 | 4% | £140,640 |
| June 2017 | 3.9% | £135,283 |
| June 2016 | 3.5% | £130,202 |
| June 2015 | 1.4% | £125,842 |
| June 2014 | 1.2% | £124,046 |
| June 2013 | 1.5% | £122,592 |
| June 2012 | -0.7% | £120,780 |
| June 2011 | -1.6% | £121,682 |
| June 2010 | 4.5% | £123,644 |
| June 2009 | -11.9% | £118,353 |
| June 2008 | -2.7% | £134,412 |
| June 2007 | 0% | £138,124 |
Rental Market Trends
The current average rental value in the postcode is £965.
The TR18 5LZ Rental Market has increased by 65.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £965pcm |
| June 2025 | 8.8% | £917pcm |
| June 2024 | 5.1% | £843pcm |
| June 2023 | 4.4% | £802pcm |
| June 2022 | 9.1% | £768pcm |
| June 2021 | 12.6% | £704pcm |
| June 2020 | 1.4% | £625pcm |
| June 2019 | 3.8% | £616pcm |
| June 2018 | 2% | £593pcm |
| June 2017 | -0.5% | £582pcm |
| June 2016 | 1.1% | £584pcm |
| June 2015 | 1.7% | £578pcm |
| June 2014 | 2.4% | £569pcm |
| June 2013 | -1% | £555pcm |
| June 2012 | 1% | £561pcm |
| June 2011 | 1.5% | £556pcm |
| June 2010 | 3.2% | £547pcm |
| June 2009 | -7.8% | £530pcm |
| June 2008 | 5% | £575pcm |
| June 2007 | 0% | £547pcm |
Sales History
The last recorded sale was on 13th November 2023 for £114,000 and since then the market in the area has decreased by 0.6%.
TR18 5LZ has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2023£114,000 | 2 Bed House12, Gwavas Road, Penzance, TR18 5LZ12, Gwavas Road, Penzance, TR18 5LZ
- Sold Jun 2018£158,000 | 2 Bed House3, Gwavas Road, Penzance, TR18 5LZ3, Gwavas Road, Penzance, TR18 5LZ
- Sold Nov 2016£153,000 | 3 Bed House5, Gwavas Road, Penzance, TR18 5LZ5, Gwavas Road, Penzance, TR18 5LZ
Nearby Postcodes
TR18 5LZ is the 600th largest and the 162nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5NX, Newlyn, Penzance, TR18TR18 5NX8 Addresses|27 m away
- TR18 5PF, Newlyn, Penzance, TR18TR18 5PF7 Addresses|50 m away
- TR18 5NZ, Higher Gwavas Road, Newlyn, Penzance, TR18TR18 5NZ8 Addresses|66 m away
- TR18 5NR, Chywoone Terrace, Newlyn, Penzance, TR18TR18 5NR4 Addresses|71 m away
- TR18 5LW, The Bowjey Hill, Newlyn, Penzance, TR18TR18 5LW7 Addresses|80 m away
Property Types
- 1 modern house built after 1980
- 4 mid-century houses built between 1936 and 1979
- 7 early-century houses built between 1912 and 1935
- 5 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- modern house (1)
- mid-century house (4)
- early-century house (7)
- early-century flat (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (8)
- G (0)
- D (3)
- No EPC (2)
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 School1.0 km away
- Alverton Primary School1.5 km away
- St Mary's CofE Primary School, Penzance1.7 km away
- Humphry Davy School2.8 km away
- Mounts Bay Academy3.2 km away
- Cape Cornwall School10.3 km away
More reading links
Public Transport Nearby
The closest station to TR18 5LZ is Penzance station, which is 2.7 kilometres away.
- Penzance|2.7 km away
- St Erth|10.8 km away
- Lelant Saltings|11.7 km away
- Lelant|12.3 km away
