Penstraze - TR4 8PJ
Key Postcode Insights
TR4 8PJ is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 1 addresses.
It ranks as the 15th largest and 369th most expensive of the 508 postcodes in the TR4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £489,905
- 10 Year change
- up 48.6%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
TR4 8PJ is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 1 addresses.
It ranks as the 15th largest and 369th most expensive of the 508 postcodes in the TR4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £489,905
- 10 Year change
- up 48.6%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Sales Market Trends
The last sale in TR4 8PJ sold for £545,000 on 20th July 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £489,905.
The TR4 8PJ Sales Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £489,905 |
| June 2025 | 1.3% | £511,238 |
| June 2024 | -0.5% | £504,644 |
| June 2023 | 1% | £507,410 |
| June 2022 | 18.3% | £502,166 |
| June 2021 | 11.7% | £424,312 |
| June 2020 | 2.5% | £379,998 |
| June 2019 | 5.2% | £370,819 |
| June 2018 | 2.3% | £352,423 |
| June 2017 | 4.4% | £344,383 |
| June 2016 | 4.1% | £329,746 |
| June 2015 | 3.4% | £316,646 |
| June 2014 | 2.4% | £306,348 |
| June 2013 | -0.4% | £299,080 |
| June 2012 | -0.4% | £300,335 |
| June 2011 | 2.3% | £301,677 |
| June 2010 | 1.5% | £295,015 |
| June 2009 | -5.6% | £290,620 |
| June 2008 | -1.9% | £307,828 |
| June 2007 | 0% | £313,817 |
Rental Market Trends
The current average rental value in the postcode is £1,655.
The TR4 8PJ Rental Market has increased by 66.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,655pcm |
| June 2025 | 6.4% | £1,586pcm |
| June 2024 | 5.5% | £1,491pcm |
| June 2023 | 4.9% | £1,413pcm |
| June 2022 | 10.5% | £1,347pcm |
| June 2021 | 12.2% | £1,219pcm |
| June 2020 | 1.1% | £1,086pcm |
| June 2019 | 4.5% | £1,074pcm |
| June 2018 | 1.8% | £1,027pcm |
| June 2017 | 1.5% | £1,009pcm |
| June 2016 | 1.6% | £994pcm |
| June 2015 | 2.2% | £978pcm |
| June 2014 | 1.8% | £958pcm |
| June 2013 | 0.2% | £940pcm |
| June 2012 | 0.8% | £938pcm |
| June 2011 | 3.9% | £931pcm |
| June 2010 | 4.6% | £896pcm |
| June 2009 | -6% | £856pcm |
| June 2008 | 4.1% | £911pcm |
| June 2007 | 0% | £875pcm |
Sales History
The last sale was on 20th July 2017 for £545,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
TR4 8PJ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR4 8PJ is the 15th largest and the 369th most expensive postcode out of the 508 postcodes in the TR4 area.
- TR4 8PL, Penstraze, Chacewater, Truro, TR4TR4 8PL3 Addresses|242 m away
- TR4 8PG, Penstraze, Chacewater, Truro, TR4TR4 8PG4 Addresses|243 m away
- TR4 8PH, Penstraze, Chacewater, Truro, TR4TR4 8PH24 Addresses|293 m away
- TR4 8GB, Penstraze, Chacewater, Truro, TR4TR4 8GB7 Addresses|421 m away
- TR4 8PN, Penstraze, Chacewater, Truro, TR4TR4 8PN20 Addresses|485 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
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 School1.9 km away
- Blackwater Community Primary School2.6 km away
- Threemilestone School2.6 km away
- Richard Lander School3.2 km away
- Redruth School7.7 km away
- Penair School8.1 km away
More reading links
Public Transport Nearby
The closest station to TR4 8PJ is Truro station, which is 5.7 kilometres away.
- Truro|5.7 km away
- Perranwell|6.4 km away
- Redruth|7.1 km away
- Penryn (Cornwall)|11.4 km away