TR20 8EW is a residential postcode situated on Vellanoweth, Ludgvan, Penzance, TR20 with 15 addresses.
It ranks as the 460th largest and 354th most expensive of the 596 postcodes in the TR20 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 13 houses and 2 flats.
TR20 8EW is a residential postcode situated on Vellanoweth, Ludgvan, Penzance, TR20 with 15 addresses.
It ranks as the 460th largest and 354th most expensive of the 596 postcodes in the TR20 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 13 houses and 2 flats.
Sale prices range from £175,271 for 2 bedroom leasehold flats with a garden (429 ft2) to £521,827 for 4 bedroom freehold houses with a garden (1,689 ft2) .
Monthly rental prices range from £1,011 pcm for 2 bed flats to £1,835 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 6.9%.
The average value per square foot is £346.
The last sale in TR20 8EW sold for £410,000 on 3rd July 2023. Since then prices are down an average of 3.2%.
The current average value in the postcode is £388,977.
The TR20 8EW Sales Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £388,977 |
| May 2025 | -0.3% | £395,021 |
| May 2024 | -0.8% | £396,280 |
| May 2023 | 0.7% | £399,360 |
| May 2022 | 15.4% | £396,688 |
| May 2021 | 12.9% | £343,889 |
| May 2020 | 1.1% | £304,554 |
| May 2019 | 1.2% | £301,095 |
| May 2018 | 5.4% | £297,608 |
| May 2017 | 1.7% | £282,274 |
| May 2016 | 1.8% | £277,511 |
| May 2015 | 7.8% | £272,701 |
| May 2014 | 0.4% | £252,922 |
| May 2013 | 0% | £251,906 |
| May 2012 | -2.6% | £251,825 |
| May 2011 | 2.6% | £258,633 |
| May 2010 | 6.6% | £252,056 |
| May 2009 | -13.9% | £236,431 |
| May 2008 | 2.6% | £274,562 |
| May 2007 | 0% | £267,535 |
The current average rental value in the postcode is £1,537.
The TR20 8EW Rental Market has increased by 68.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £1,537pcm |
| May 2025 | 9.7% | £1,462pcm |
| May 2024 | 5% | £1,333pcm |
| May 2023 | 4.6% | £1,269pcm |
| May 2022 | 10.1% | £1,213pcm |
| May 2021 | 11.7% | £1,102pcm |
| May 2020 | 1.5% | £986pcm |
| May 2019 | 3.9% | £971pcm |
| May 2018 | 2.3% | £935pcm |
| May 2017 | 0.1% | £913pcm |
| May 2016 | 0.9% | £912pcm |
| May 2015 | 2.4% | £904pcm |
| May 2014 | 2.4% | £883pcm |
| May 2013 | -0.7% | £862pcm |
| May 2012 | 1.1% | £868pcm |
| May 2011 | 2.1% | £858pcm |
| May 2010 | 3.5% | £840pcm |
| May 2009 | -7.6% | £812pcm |
| May 2008 | 3.9% | £879pcm |
| May 2007 | 0% | £846pcm |
The last sale was on 3rd July 2023 for £410,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 11 sales since 1995.
TR20 8EW has seen 1 sale in the last three years and no sales in the last twelve months.
TR20 8EW is the 460th largest and the 354th most expensive postcode out of the 596 postcodes in the TR20 area.
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The closest station to TR20 8EW is St Erth station which is 4.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TR20 8EW, 42.2% of property is privately owned outright and 24.8% is socially rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR20 8EW, 19.7% of residents are recorded as possessing school level qualifications and 20.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR20 8EW, the average age was 48.6 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR20 8EW, 0.5% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR20 8EW, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.