Gwavas Estate - TR18 5ND
Key Postcode Insights
TR18 5ND is a residential postcode situated on Gwavas Estate, Newlyn, Penzance, TR18 with 10 addresses.
It ranks as the 449th largest and 126th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 4 houses, 2 flats and 4 other properties.
- Ave. Sale Price
- £157,096
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
TR18 5ND is a residential postcode situated on Gwavas Estate, Newlyn, Penzance, TR18 with 10 addresses.
It ranks as the 449th largest and 126th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 4 houses, 2 flats and 4 other properties.
- Ave. Sale Price
- £157,096
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties in TR18 5ND
- 4A Gwavas Estate
1 Bed Period Flat
- 4B Gwavas Estate
1 Bed Period Flat
- 5 Gwavas Estate
2 Bed Mid-century House
- 6 Gwavas Estate
2 Bed Period House
- 7 Gwavas Estate
House
Sales Market Trends
The last sale in TR18 5ND sold for £120,000 on 1st May 2025. Since then prices are down an average of 2.5%.
The current average value in the postcode is £157,096.
The TR18 5ND Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £157,096 |
| June 2025 | -1.2% | £160,692 |
| June 2024 | 1.3% | £162,672 |
| June 2023 | -2.3% | £160,618 |
| June 2022 | 15.5% | £164,320 |
| June 2021 | 15.8% | £142,263 |
| June 2020 | 1.2% | £122,866 |
| June 2019 | 0% | £121,382 |
| June 2018 | 4.5% | £121,367 |
| June 2017 | 4.1% | £116,166 |
| June 2016 | 3.4% | £111,622 |
| June 2015 | 1.7% | £107,969 |
| June 2014 | 1.4% | £106,126 |
| June 2013 | 1.8% | £104,693 |
| June 2012 | -0.5% | £102,840 |
| June 2011 | -1.8% | £103,392 |
| June 2010 | 5.2% | £105,284 |
| June 2009 | -12.6% | £100,106 |
| June 2008 | -2.7% | £114,575 |
| June 2007 | 0% | £117,812 |
Rental Market Trends
The current average rental value in the postcode is £860.
The TR18 5ND Rental Market has increased by 68.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £860pcm |
| June 2025 | 9.3% | £813pcm |
| June 2024 | 4.8% | £744pcm |
| June 2023 | 4.5% | £710pcm |
| June 2022 | 9.6% | £679pcm |
| June 2021 | 12.5% | £620pcm |
| June 2020 | 1.4% | £551pcm |
| June 2019 | 3.8% | £543pcm |
| June 2018 | 2.5% | £523pcm |
| June 2017 | -0.3% | £510pcm |
| June 2016 | 1% | £512pcm |
| June 2015 | 2% | £507pcm |
| June 2014 | 2.6% | £497pcm |
| June 2013 | -0.7% | £484pcm |
| June 2012 | 1.2% | £488pcm |
| June 2011 | 1.3% | £482pcm |
| June 2010 | 3.9% | £476pcm |
| June 2009 | -8.5% | £458pcm |
| June 2008 | 5% | £501pcm |
| June 2007 | 0% | £477pcm |
Sales History
The last recorded sale was on 1st May 2025 for £120,000 and since then the market in the area has decreased by 2.5%.
TR18 5ND has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold May 2025£120,000 | 1 Bed Flat4B, Gwavas Estate, Penzance, TR18 5ND4B, Gwavas Estate, Penzance, TR18 5ND
- Sold Jan 2025£165,000 | 2 Bed House6, Gwavas Estate, Penzance, TR18 5ND6, Gwavas Estate, Penzance, TR18 5ND
- Sold Sep 2019£130,000 | 3 Bed House8, Gwavas Estate, Penzance, TR18 5ND8, Gwavas Estate, Penzance, TR18 5ND
Nearby Postcodes
TR18 5ND is the 449th largest and the 126th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5LL, Boundary Close, Newlyn, Penzance, TR18TR18 5LL4 Addresses|62 m away
- TR18 5NH, Chywoone Avenue, Newlyn, Penzance, TR18TR18 5NH27 Addresses|70 m away
- TR18 5NG, Treveneth Crescent, Newlyn, Penzance, TR18TR18 5NG44 Addresses|84 m away
- TR18 5NE, Gwavas Estate, Newlyn, Penzance, TR18TR18 5NE3 Addresses|85 m away
- TR18 5NW, Chywoone Place, Newlyn, Penzance, TR18TR18 5NW12 Addresses|118 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (3)
- period flat (2)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (1)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2025£165,000 | 2 Bed House6, Gwavas Estate, Penzance, TR18 5ND6, Gwavas Estate, Penzance, TR18 5ND
- Sold Sep 2019£130,000 | 3 Bed House8, Gwavas Estate, Penzance, TR18 5ND8, Gwavas Estate, Penzance, TR18 5ND
- Sold Jan 2016£120,000 | 2 Bed House5, Gwavas Estate, Penzance, TR18 5ND5, Gwavas Estate, Penzance, TR18 5ND
Schools Nearby
- Newlyn School1.1 km away
- Alverton Primary School1.7 km away
- Mousehole School1.8 km away
- Humphry Davy School3.0 km away
- Mounts Bay Academy3.3 km away
- Cape Cornwall School10.1 km away
More reading links
Public Transport Nearby
The closest station to TR18 5ND is Penzance station, which is 2.9 kilometres away.
- Penzance|2.9 km away
- St Erth|11.1 km away
- Lelant Saltings|11.9 km away
- Lelant|12.6 km away
