Gears Lane - TR20 9LB
Key Postcode Insights
TR20 9LB is a residential postcode situated on Gears Lane, Goldsithney, Penzance, TR20 with 31 addresses.
It ranks as the 574th largest and 541st most expensive of the 596 postcodes in the TR20 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £590,996
- 10 Year change
- up 39.0%
- Ave. Rental Price
- £1,729pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
TR20 9LB is a residential postcode situated on Gears Lane, Goldsithney, Penzance, TR20 with 31 addresses.
It ranks as the 574th largest and 541st most expensive of the 596 postcodes in the TR20 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £590,996
- 10 Year change
- up 39.0%
- Ave. Rental Price
- £1,729pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin TR20 9LB
- 1 Cover Point Gears Lane
4 Bed Modern House
- 1 Owen Vean Gears Lane
3 Bed Period House
- 2 Cover Point Gears Lane
4 Bed Modern House
- 3 Cover Point Gears Lane
4 Bed Modern House
- 3 Owen Vean Gears Lane
2 Bed Period House
Sales Market Trends
The last sale in TR20 9LB sold for £760,000 on 9th September 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £590,996.
The TR20 9LB Sales Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £590,996 |
| June 2025 | -2.1% | £610,001 |
| June 2024 | -1.9% | £622,975 |
| June 2023 | -0.2% | £634,877 |
| June 2022 | 14.8% | £636,267 |
| June 2021 | 16.3% | £554,075 |
| June 2020 | 2.6% | £476,229 |
| June 2019 | 1.5% | £464,181 |
| June 2018 | 4.7% | £457,503 |
| June 2017 | 2.8% | £437,021 |
| June 2016 | 2.1% | £425,313 |
| June 2015 | 7.9% | £416,553 |
| June 2014 | 1.1% | £385,958 |
| June 2013 | 1.8% | £381,707 |
| June 2012 | -3.2% | £374,974 |
| June 2011 | 2.4% | £387,352 |
| June 2010 | 8.4% | £378,255 |
| June 2009 | -11.4% | £348,844 |
| June 2008 | 1.2% | £393,776 |
| June 2007 | 0% | £389,079 |
Rental Market Trends
The current average rental value in the postcode is £1,729.
The TR20 9LB Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,729pcm |
| June 2025 | 8.3% | £1,651pcm |
| June 2024 | 5.2% | £1,524pcm |
| June 2023 | 4.7% | £1,450pcm |
| June 2022 | 10.1% | £1,384pcm |
| June 2021 | 14.2% | £1,257pcm |
| June 2020 | 1.2% | £1,101pcm |
| June 2019 | 4.7% | £1,088pcm |
| June 2018 | 2.9% | £1,039pcm |
| June 2017 | 0.8% | £1,010pcm |
| June 2016 | 1.9% | £1,002pcm |
| June 2015 | 2% | £983pcm |
| June 2014 | 2.8% | £964pcm |
| June 2013 | -0.6% | £938pcm |
| June 2012 | 1.2% | £944pcm |
| June 2011 | 3% | £932pcm |
| June 2010 | 5.1% | £906pcm |
| June 2009 | -6.3% | £861pcm |
| June 2008 | 4.3% | £919pcm |
| June 2007 | 0% | £881pcm |
Sales History
The last sale was on 9th September 2025 for £760,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 37 sales since 1995.
TR20 9LB has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£760,000 | 4 Bed House3 Cover Point, Gears Lane, Penzance, TR20 9LB3 Cover Point, Gears Lane, Penzance, TR20 9LB
- Sold Oct 2024£290,000 | 4 Bed HouseManehidi, Gears Lane, Penzance, TR20 9LBManehidi, Gears Lane, Penzance, TR20 9LB
- Sold Oct 2024£182,500 | 4 Bed HouseManehidi, Gears Lane, Penzance, TR20 9LBManehidi, Gears Lane, Penzance, TR20 9LB
- Sold Mar 2024£275,000 | 4 Bed HouseLowenna Lodge, Gears Lane, Penzance, TR20 9LBLowenna Lodge, Gears Lane, Penzance, TR20 9LB
- Sold Aug 2023£132,500 | 4 Bed HouseManehidi, Gears Lane, Penzance, TR20 9LBManehidi, Gears Lane, Penzance, TR20 9LB
Nearby Postcodes
TR20 9LB is the 574th largest and the 541st most expensive postcode out of the 596 postcodes in the TR20 area.
- TR20 9LA, St. Petry, Goldsithney, Penzance, TR20TR20 9LA33 Addresses|117 m away
- TR20 9AY, St. Petry, Goldsithney, Penzance, TR20TR20 9AY6 Addresses|131 m away
- TR20 9BE, Thumpers Meadow, Goldsithney, Penzance, TR20TR20 9BE4 Addresses|147 m away
- TR20 9JZ, North Road, Goldsithney, Penzance, TR20TR20 9JZ10 Addresses|168 m away
- TR20 9LU, Tregurtha View, Goldsithney, Penzance, TR20TR20 9LU35 Addresses|202 m away
Property Types
- 5 period houses built between 1800 and 1911
- 12 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 8 other addresses of unknown type
- period house (5)
- modern house (12)
- mid-century house (3)
- house (3)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (4)
- F (2)
- C (5)
- G (0)
- D (6)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Sep 2025£760,000 | 4 Bed House3 Cover Point, Gears Lane, Penzance, TR20 9LB3 Cover Point, Gears Lane, Penzance, TR20 9LB
- Sold Jun 2022£730,000 | 4 Bed HouseThe Cottage, Gears Lane, Penzance, TR20 9LBThe Cottage, Gears Lane, Penzance, TR20 9LB
- Sold Oct 2020£605,000 | 5 Bed HouseGears Lodge, Gears Lane, Penzance, TR20 9LBGears Lodge, Gears Lane, Penzance, TR20 9LB
Schools Nearby
- St Hilary School1.2 km away
- Marazion School1.9 km away
- Ludgvan School3.7 km away
- Hayle Academy6.7 km away
- Humphry Davy School7.3 km away
- Mounts Bay Academy8.4 km away
More reading links
Public Transport Nearby
The closest station to TR20 9LB is St Erth station, which is 4.8 kilometres away.
- St Erth|4.8 km away
- Lelant Saltings|5.8 km away
- Lelant|6.3 km away
- Hayle|6.7 km away
