Newmill, Penzance - TR20 8XP
Key Postcode Insights
TR20 8XP is a residential postcode situated on Newmill, Penzance, TR20 with 12 addresses.
It ranks as the 409th largest and 477th 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 12 properties: 12 houses.
- Ave. Sale Price
- £477,039
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,583pcm
- 10 Year change
- up 72.7%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
TR20 8XP is a residential postcode situated on Newmill, Penzance, TR20 with 12 addresses.
It ranks as the 409th largest and 477th 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 12 properties: 12 houses.
- Ave. Sale Price
- £477,039
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,583pcm
- 10 Year change
- up 72.7%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin TR20 8XP
- Mulfra Bungalow
Unknown
- Mulfra Cottage
Unknown
- Mulfra Farm
Unknown
- Mulfra House
4 Bed Period House
- Mulfra Studio
2 Bed Period House
Sales Market Trends
The last sale in TR20 8XP sold for £725,000 on 16th May 2024. Since then prices are up an average of 16.8%.
The current average value in the postcode is £477,039.
The TR20 8XP Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £477,039 |
| June 2025 | -2.4% | £492,342 |
| June 2024 | 1.1% | £504,424 |
| June 2023 | -1.9% | £498,846 |
| June 2022 | 16.1% | £508,561 |
| June 2021 | 17% | £438,168 |
| June 2020 | 1.2% | £374,353 |
| June 2019 | 0.8% | £369,880 |
| June 2018 | 5% | £366,775 |
| June 2017 | 5.1% | £349,189 |
| June 2016 | 4.1% | £332,107 |
| June 2015 | 2.1% | £318,912 |
| June 2014 | 1.6% | £312,452 |
| June 2013 | 2% | £307,663 |
| June 2012 | -0.7% | £301,570 |
| June 2011 | -0.1% | £303,634 |
| June 2010 | 6.3% | £303,818 |
| June 2009 | -10.4% | £285,697 |
| June 2008 | -3.1% | £318,869 |
| June 2007 | 0% | £328,929 |
Rental Market Trends
The current average rental value in the postcode is £1,583.
The TR20 8XP Rental Market has increased by 72.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,583pcm |
| June 2025 | 8.2% | £1,509pcm |
| June 2024 | 5.1% | £1,395pcm |
| June 2023 | 4.7% | £1,327pcm |
| June 2022 | 10.2% | £1,267pcm |
| June 2021 | 14.2% | £1,150pcm |
| June 2020 | 1.1% | £1,007pcm |
| June 2019 | 4.6% | £996pcm |
| June 2018 | 2.9% | £952pcm |
| June 2017 | 0.9% | £925pcm |
| June 2016 | 1.8% | £917pcm |
| June 2015 | 1.9% | £900pcm |
| June 2014 | 2.7% | £883pcm |
| June 2013 | -0.6% | £859pcm |
| June 2012 | 1.2% | £864pcm |
| June 2011 | 2.9% | £854pcm |
| June 2010 | 5.1% | £830pcm |
| June 2009 | -6.3% | £789pcm |
| June 2008 | 4.3% | £842pcm |
| June 2007 | 0% | £808pcm |
Sales History
The last sale was on 16th May 2024 for £725,000 and since then the market in the area has increased by 16.8%. The postcode has had a total of 11 sales since 1995.
TR20 8XP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£725,000 | 4 Bed HouseMulfra Vean, Penzance, TR20 8XPMulfra Vean, Penzance, TR20 8XP
- Sold Mar 2021£325,000 | 2 Bed HouseMulfra Studio, Penzance, TR20 8XPMulfra Studio, Penzance, TR20 8XP
- Sold Sep 2018£240,000 | 2 Bed HouseThe Hay Barn, Penzance, TR20 8XPThe Hay Barn, Penzance, TR20 8XP
- Sold Mar 2017£378,500 | 4 Bed HouseThe Old Barn, Penzance, TR20 8XPThe Old Barn, Penzance, TR20 8XP
- Sold Jan 2008£200,000 | 2 Bed HouseSixpenny Barn, Penzance, TR20 8XPSixpenny Barn, Penzance, TR20 8XP
Nearby Postcodes
TR20 8XP is the 409th largest and the 477th most expensive postcode out of the 596 postcodes in the TR20 area.
- TR20 8UU, Newmill, Penzance, TR20TR20 8UU6 Addresses|467 m away
- TR20 8XR, Newmill, Penzance, TR20TR20 8XR4 Addresses|536 m away
- TR20 8XS, Newmill, Penzance, TR20TR20 8XS6 Addresses|559 m away
- TR20 8XW, Newmill, Penzance, TR20TR20 8XW6 Addresses|578 m away
- TR20 8TA, Trythall Moor, Newmill, Penzance, TR20TR20 8TA1 Addresses|639 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 6 other addresses of unknown type
- period house (4)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (3)
- C (0)
- G (0)
- D (1)
- No EPC (8)
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 School600 m away
- Heamoor Community Primary School3.7 km away
- Pensans Community Primary School4.0 km away
- Mounts Bay Academy3.3 km away
- Humphry Davy School4.0 km away
- St Ives School7.8 km away
More reading links
Public Transport Nearby
The closest station to TR20 8XP is Penzance station, which is 4.6 kilometres away.
- Penzance|4.6 km away
- Carbis Bay|8.4 km away
- St Ives (Cornwall)|8.5 km away
- St Erth|8.7 km away
