Penstraze - TR4 8PE
Key Postcode Insights
TR4 8PE is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 9 addresses.
It ranks as the 288th largest and 345th most expensive of the 508 postcodes in the TR4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £409,272
- 10 Year change
- up 47.6%
- Ave. Rental Price
- £1,531pcm
- 10 Year change
- up 65.4%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
TR4 8PE is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 9 addresses.
It ranks as the 288th largest and 345th most expensive of the 508 postcodes in the TR4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £409,272
- 10 Year change
- up 47.6%
- Ave. Rental Price
- £1,531pcm
- 10 Year change
- up 65.4%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin TR4 8PE
- Grey Rocks
Unknown
- Killiwerris Cottage
3 Bed Period House
- Langley House
Unknown
- Melbourne House
4 Bed Period House
- Melrose
Unknown
Sales Market Trends
The last sale in TR4 8PE sold for £483,200 on 8th August 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £409,272.
The TR4 8PE Sales Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £409,272 |
| June 2025 | 1.8% | £423,017 |
| June 2024 | -1.2% | £415,594 |
| June 2023 | 1.1% | £420,555 |
| June 2022 | 18.6% | £415,872 |
| June 2021 | 10.6% | £350,724 |
| June 2020 | 2.5% | £317,117 |
| June 2019 | 4.3% | £309,304 |
| June 2018 | 2.4% | £296,510 |
| June 2017 | 4.4% | £289,472 |
| June 2016 | 3.2% | £277,365 |
| June 2015 | 3.5% | £268,798 |
| June 2014 | 2.4% | £259,589 |
| June 2013 | 0.1% | £253,432 |
| June 2012 | -0.4% | £253,297 |
| June 2011 | 1% | £254,239 |
| June 2010 | 1.7% | £251,659 |
| June 2009 | -7.5% | £247,473 |
| June 2008 | -1.7% | £267,519 |
| June 2007 | 0% | £272,236 |
Rental Market Trends
The current average rental value in the postcode is £1,531.
The TR4 8PE Rental Market has increased by 65.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,531pcm |
| June 2025 | 6.9% | £1,453pcm |
| June 2024 | 4.9% | £1,359pcm |
| June 2023 | 5% | £1,296pcm |
| June 2022 | 10.7% | £1,235pcm |
| June 2021 | 11.1% | £1,115pcm |
| June 2020 | 1.2% | £1,003pcm |
| June 2019 | 3.6% | £992pcm |
| June 2018 | 1.9% | £957pcm |
| June 2017 | 1.4% | £939pcm |
| June 2016 | 0.7% | £926pcm |
| June 2015 | 2.3% | £919pcm |
| June 2014 | 1.8% | £898pcm |
| June 2013 | 0.7% | £882pcm |
| June 2012 | 0.9% | £876pcm |
| June 2011 | 2.6% | £868pcm |
| June 2010 | 4.8% | £846pcm |
| June 2009 | -7.9% | £807pcm |
| June 2008 | 4.3% | £876pcm |
| June 2007 | 0% | £840pcm |
Sales History
The last sale was on 8th August 2025 for £483,200 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 10 sales since 1995.
TR4 8PE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£483,200 | 4 Bed HouseQuaker Cottage, Penstraze, Truro, TR4 8PEQuaker Cottage, Penstraze, Truro, TR4 8PE
- Sold Dec 2020£425,000 | 4 Bed HouseQuaker Cottage, Penstraze, Truro, TR4 8PEQuaker Cottage, Penstraze, Truro, TR4 8PE
- Sold Jan 2019£200,000 | 3 Bed HouseTamblyns Barn, Penstraze, Truro, TR4 8PETamblyns Barn, Penstraze, Truro, TR4 8PE
- Sold Oct 2017£290,000 | 4 Bed HouseQuaker House, Penstraze, Truro, TR4 8PEQuaker House, Penstraze, Truro, TR4 8PE
- Sold Nov 2016£240,000 | 3 Bed HouseTamblyns Barn, Penstraze, Truro, TR4 8PETamblyns Barn, Penstraze, Truro, TR4 8PE
Nearby Postcodes
TR4 8PE is the 288th largest and the 345th most expensive postcode out of the 508 postcodes in the TR4 area.
- TR4 8QG, Chacewater, Truro, TR4TR4 8QG7 Addresses|235 m away
- TR4 8QF, Chacewater, Truro, TR4TR4 8QF4 Addresses|314 m away
- TR4 8QE, Chacewater Hill, Chacewater, Truro, TR4TR4 8QE3 Addresses|422 m away
- TR4 8QD, Chacewater Hill, Chacewater, Truro, TR4TR4 8QD7 Addresses|477 m away
- TR4 8QH, Greenbottom, Chacewater, Truro, TR4TR4 8QH18 Addresses|567 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 4 other addresses of unknown type
- period house (3)
- modern house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold May 2025£920,000 | 4 Bed HouseWoodbury, Penstraze, Truro, TR4 8PFWoodbury, Penstraze, Truro, TR4 8PF
- Sold Mar 2022£888,000 | 5 Bed HouseHomestead, Penstraze, Truro, TR4 8PNHomestead, Penstraze, Truro, TR4 8PN
- Sold Mar 2023£690,000 | 4 Bed HouseThe Ramblers, Penstraze, Truro, TR4 8PHThe Ramblers, Penstraze, Truro, TR4 8PH
Schools Nearby
- Chacewater Community Primary School1.1 km away
- Threemilestone School2.5 km away
- Blackwater Community Primary School2.6 km away
- Richard Lander School3.2 km away
- Redruth School7.2 km away
- Penair School8.3 km away
More reading links
Public Transport Nearby
The closest station to TR4 8PE is Perranwell station, which is 5.7 kilometres away.
- Perranwell|5.7 km away
- Truro|5.9 km away
- Redruth|6.5 km away
- Penryn (Cornwall)|10.6 km away
