Newmill, Penzance - TR20 8UT
Key Postcode Insights
TR20 8UT is a residential postcode situated on Newmill, Penzance, TR20 with 10 addresses.
It ranks as the 363rd largest and 582nd most expensive of the 596 postcodes in the TR20 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £804,661
- 10 Year change
- up 42.9%
- Ave. Rental Price
- £2,027pcm
- 10 Year change
- up 71.8%
- Ave. £ per ft²
- £567/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
TR20 8UT is a residential postcode situated on Newmill, Penzance, TR20 with 10 addresses.
It ranks as the 363rd largest and 582nd most expensive of the 596 postcodes in the TR20 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £804,661
- 10 Year change
- up 42.9%
- Ave. Rental Price
- £2,027pcm
- 10 Year change
- up 71.8%
- Ave. £ per ft²
- £567/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin TR20 8UT
- Chapel Brook
4 Bed Period House
- Chynoweth
4 Bed Modern House
- Crankan Cottage
2 Bed House
- Garth An Gear
House
- Gear Farmhouse
House
Sales Market Trends
The last sale in TR20 8UT sold for £505,000 on 8th April 2026. Since then prices are down an average of 0.6%.
The current average value in the postcode is £804,661.
The TR20 8UT Sales Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £804,661 |
| June 2025 | -1.7% | £824,325 |
| June 2024 | 0.7% | £838,778 |
| June 2023 | -1.9% | £832,783 |
| June 2022 | 16% | £848,878 |
| June 2021 | 16.2% | £731,505 |
| June 2020 | 1.2% | £629,433 |
| June 2019 | 0.5% | £622,173 |
| June 2018 | 5.1% | £619,363 |
| June 2017 | 4.7% | £589,552 |
| June 2016 | 3.6% | £563,026 |
| June 2015 | 2.4% | £543,516 |
| June 2014 | 1.8% | £530,904 |
| June 2013 | 2.1% | £521,741 |
| June 2012 | -0.5% | £510,889 |
| June 2011 | -1.1% | £513,447 |
| June 2010 | 6.6% | £519,281 |
| June 2009 | -12.1% | £487,139 |
| June 2008 | -2.8% | £554,360 |
| June 2007 | 0% | £570,401 |
Rental Market Trends
The current average rental value in the postcode is £2,027.
The TR20 8UT Rental Market has increased by 71.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £2,027pcm |
| June 2025 | 8.9% | £1,918pcm |
| June 2024 | 4.7% | £1,761pcm |
| June 2023 | 4.8% | £1,682pcm |
| June 2022 | 10.1% | £1,605pcm |
| June 2021 | 13.3% | £1,457pcm |
| June 2020 | 1.1% | £1,286pcm |
| June 2019 | 4.2% | £1,272pcm |
| June 2018 | 2.9% | £1,220pcm |
| June 2017 | 0.5% | £1,186pcm |
| June 2016 | 1.3% | £1,180pcm |
| June 2015 | 2.2% | £1,165pcm |
| June 2014 | 2.9% | £1,139pcm |
| June 2013 | -0.5% | £1,107pcm |
| June 2012 | 1.4% | £1,112pcm |
| June 2011 | 1.8% | £1,096pcm |
| June 2010 | 5.4% | £1,077pcm |
| June 2009 | -8.1% | £1,021pcm |
| June 2008 | 4.5% | £1,112pcm |
| June 2007 | 0% | £1,063pcm |
Sales History
The last sale was on 8th April 2026 for £505,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 9 sales since 1995.
TR20 8UT has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£505,000 | 4 Bed HouseChynoweth, Penzance, TR20 8UTChynoweth, Penzance, TR20 8UT
- Sold Aug 2025£790,000 | 3 Bed HouseHigher Gear, Penzance, TR20 8UTHigher Gear, Penzance, TR20 8UT
- Sold Dec 2020£680,000 | 3 Bed HouseHigher Gear, Penzance, TR20 8UTHigher Gear, Penzance, TR20 8UT
- Sold May 2019£195,000 | 2 Bed HouseCrankan Cottage, Penzance, TR20 8UTCrankan Cottage, Penzance, TR20 8UT
- Sold Sep 2018£485,000 | 4 Bed HouseChapel Brook, Penzance, TR20 8UTChapel Brook, Penzance, TR20 8UT
Nearby Postcodes
TR20 8UT is the 363rd largest and the 582nd most expensive postcode out of the 596 postcodes in the TR20 area.
- TR20 8XN, Newmill, Penzance, TR20TR20 8XN17 Addresses|533 m away
- TR20 8XL, Newmill, Penzance, TR20TR20 8XL1 Addresses|653 m away
- TR20 8FA, Trythall, Newmill, Penzance, TR20TR20 8FA2 Addresses|705 m away
- TR20 8UN, Heamoor, Penzance, TR20TR20 8UN6 Addresses|718 m away
- TR20 8XW, Newmill, Penzance, TR20TR20 8XW6 Addresses|723 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (3)
- modern house (2)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (1)
- D (1)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jul 2019£1,020,000 | 5 Bed HouseBosporthennis Farmhouse, Penzance, TR20 8XUBosporthennis Farmhouse, Penzance, TR20 8XU
- Sold May 2025£865,000 | 3 Bed HouseThe Water Hole, Penzance, TR20 8UZThe Water Hole, Penzance, TR20 8UZ
- Sold Aug 2025£790,000 | 3 Bed HouseHigher Gear, Penzance, TR20 8UTHigher Gear, Penzance, TR20 8UT
Schools Nearby
- Trythall Community Primary School1.1 km away
- Heamoor Community Primary School2.6 km away
- St Mary's Catholic School, Penzance2.7 km away
- Mounts Bay Academy2.2 km away
- Humphry Davy School2.7 km away
- St Ives School8.0 km away
More reading links
Public Transport Nearby
The closest station to TR20 8UT is Penzance station, which is 3.3 kilometres away.
- Penzance|3.3 km away
- St Erth|8.2 km away
- Carbis Bay|8.5 km away
- St Ives (Cornwall)|8.7 km away
