Tolcarne - TR18 5QH
Key Postcode Insights
TR18 5QH is a residential postcode situated on Tolcarne, Newlyn, Penzance, TR18 with 19 addresses.
It ranks as the 559th largest and 185th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 18 flats and 1 other property.
- Ave. Sale Price
- £191,200
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
TR18 5QH is a residential postcode situated on Tolcarne, Newlyn, Penzance, TR18 with 19 addresses.
It ranks as the 559th largest and 185th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 18 flats and 1 other property.
- Ave. Sale Price
- £191,200
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in TR18 5QH
- 1 Tolcarne
Building  |  2 Flats
- 2 Tolcarne
Building  |  2 Flats
- 3 Tolcarne
Building  |  2 Flats
- 4 Tolcarne
Building  |  2 Flats
Sales Market Trends
The last sale in TR18 5QH sold for £195,000 on 11th August 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £191,200.
The TR18 5QH Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £191,200 |
| June 2025 | -2.4% | £196,245 |
| June 2024 | 2% | £201,133 |
| June 2023 | -2.3% | £197,210 |
| June 2022 | 13.8% | £201,759 |
| June 2021 | 14.7% | £177,293 |
| June 2020 | 1.6% | £154,516 |
| June 2019 | -0.1% | £152,055 |
| June 2018 | 3.1% | £152,195 |
| June 2017 | 3.3% | £147,564 |
| June 2016 | 3.6% | £142,821 |
| June 2015 | 1.3% | £137,867 |
| June 2014 | 1.4% | £136,048 |
| June 2013 | 1.2% | £134,186 |
| June 2012 | -0.7% | £132,655 |
| June 2011 | -1.9% | £133,598 |
| June 2010 | 3.6% | £136,131 |
| June 2009 | -11.2% | £131,452 |
| June 2008 | -2.8% | £147,998 |
| June 2007 | 0% | £152,235 |
Rental Market Trends
The current average rental value in the postcode is £860.
The TR18 5QH Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £860pcm |
| June 2025 | 7.9% | £815pcm |
| June 2024 | 5.4% | £756pcm |
| June 2023 | 4.6% | £717pcm |
| June 2022 | 8% | £685pcm |
| June 2021 | 11.5% | £635pcm |
| June 2020 | 1.8% | £570pcm |
| June 2019 | 3.7% | £559pcm |
| June 2018 | 1.2% | £539pcm |
| June 2017 | -1.1% | £533pcm |
| June 2016 | 1.2% | £538pcm |
| June 2015 | 1.7% | £532pcm |
| June 2014 | 2.6% | £523pcm |
| June 2013 | -1.4% | £510pcm |
| June 2012 | 0.9% | £517pcm |
| June 2011 | 1.3% | £512pcm |
| June 2010 | 2.4% | £506pcm |
| June 2009 | -7% | £494pcm |
| June 2008 | 5% | £531pcm |
| June 2007 | 0% | £506pcm |
Sales History
The last recorded sale was on 11th August 2025 for £195,000 and since then the market in the area has decreased by 2.0%.
TR18 5QH has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Aug 2025£195,000 | 2 Bed Flat6 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH6 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH
- Sold Oct 2024£167,000 | 2 Bed Flat7 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH7 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH
- Sold Jul 2023£225,000 | 3 Bed House3 Tolcarne Farm Cottage, Tolcarne, Penzance, TR18 5QH3 Tolcarne Farm Cottage, Tolcarne, Penzance, TR18 5QH
Nearby Postcodes
TR18 5QH is the 559th largest and the 185th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 5QZ, Tolcarne, Newlyn, Penzance, TR18TR18 5QZ4 Addresses|9 m away
- TR18 5DB, Creeping Lane, Newlyn, Penzance, TR18TR18 5DB3 Addresses|17 m away
- TR18 5DF, Creeping Lane, Newlyn, Penzance, TR18TR18 5DF4 Addresses|32 m away
- TR18 5HT, The Coombe, Newlyn, Penzance, TR18TR18 5HT6 Addresses|33 m away
- TR18 5QE, West Terrace, Newlyn, Penzance, TR18TR18 5QE13 Addresses|41 m away
Property Types
- 12 period flats built between 1800 and 1911
- 6 modern flats built after 1980
- 1 other address of unknown type
- period flat (12)
- modern flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2007£245,000 | 3 Bed Flat1 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH1 The Old Pilchard Works, Tolcarne, Penzance, TR18 5QH
- Sold Feb 2007£245,000 | 2 Bed Flat1 Riverside Flats, Tolcarne, Penzance, TR18 5QH1 Riverside Flats, Tolcarne, Penzance, TR18 5QH
- Sold Aug 2007£230,000 | 3 Bed Flat2 The Old Pichard Works, Tolcarne, Penzance, TR18 5QH2 The Old Pichard Works, Tolcarne, Penzance, TR18 5QH
Schools Nearby
- Newlyn School200 m away
- Alverton Primary School800 m away
- St Mary's CofE Primary School, Penzance1.1 km away
- Humphry Davy School2.1 km away
- Mounts Bay Academy2.4 km away
- Cape Cornwall School10.0 km away
More reading links
Public Transport Nearby
The closest station to TR18 5QH is Penzance station, which is 2.1 kilometres away.
- Penzance|2.1 km away
- St Erth|10.3 km away
- Lelant Saltings|11.2 km away
- Carbis Bay|11.8 km away
