Penstraze - TR4 8PL
Key Postcode Insights
TR4 8PL is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 3 addresses.
It ranks as the 81st largest and 472nd 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 3 properties: 3 houses.
- Ave. Sale Price
- £659,251
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £1,950pcm
- 10 Year change
- up 66.1%
- Ave. £ per ft²
- £405/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
TR4 8PL is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 3 addresses.
It ranks as the 81st largest and 472nd 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 3 properties: 3 houses.
- Ave. Sale Price
- £659,251
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £1,950pcm
- 10 Year change
- up 66.1%
- Ave. £ per ft²
- £405/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin TR4 8PL
Sales Market Trends
The last sale in TR4 8PL sold for £565,000 on 30th July 2024. Since then prices are up an average of 56.7%.
The current average value in the postcode is £659,251.
The TR4 8PL Sales Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £659,251 |
| June 2025 | 1.1% | £687,571 |
| June 2024 | -0.7% | £680,366 |
| June 2023 | 1% | £684,994 |
| June 2022 | 18.6% | £677,935 |
| June 2021 | 11.5% | £571,515 |
| June 2020 | 2.5% | £512,530 |
| June 2019 | 4.9% | £500,255 |
| June 2018 | 2.4% | £477,029 |
| June 2017 | 4.8% | £465,920 |
| June 2016 | 3.8% | £444,657 |
| June 2015 | 3.3% | £428,566 |
| June 2014 | 2.3% | £414,739 |
| June 2013 | -0.1% | £405,570 |
| June 2012 | -0.5% | £406,126 |
| June 2011 | 2% | £408,185 |
| June 2010 | 1.6% | £400,006 |
| June 2009 | -5.5% | £393,809 |
| June 2008 | -2.1% | £416,857 |
| June 2007 | 0% | £425,894 |
Rental Market Trends
The current average rental value in the postcode is £1,950.
The TR4 8PL Rental Market has increased by 66.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,950pcm |
| June 2025 | 6.1% | £1,868pcm |
| June 2024 | 5.4% | £1,760pcm |
| June 2023 | 4.9% | £1,670pcm |
| June 2022 | 10.8% | £1,592pcm |
| June 2021 | 12.1% | £1,437pcm |
| June 2020 | 1.1% | £1,282pcm |
| June 2019 | 4.2% | £1,268pcm |
| June 2018 | 1.9% | £1,217pcm |
| June 2017 | 1.8% | £1,195pcm |
| June 2016 | 1.3% | £1,174pcm |
| June 2015 | 2.1% | £1,159pcm |
| June 2014 | 1.6% | £1,135pcm |
| June 2013 | 0.5% | £1,116pcm |
| June 2012 | 0.8% | £1,111pcm |
| June 2011 | 3.6% | £1,102pcm |
| June 2010 | 4.7% | £1,063pcm |
| June 2009 | -5.9% | £1,016pcm |
| June 2008 | 3.9% | £1,080pcm |
| June 2007 | 0% | £1,040pcm |
Sales History
The last sale was on 30th July 2024 for £565,000 and since then the market in the area has increased by 56.7%. The postcode has had a total of 4 sales since 1995.
TR4 8PL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£565,000 | 3 Bed HouseMeadowside, Penstraze, Truro, TR4 8PLMeadowside, Penstraze, Truro, TR4 8PL
- Sold Aug 2014£495,000 | 5 Bed HouseChacecourt, Penstraze, Truro, TR4 8PLChacecourt, Penstraze, Truro, TR4 8PL
- Sold Apr 2005£340,000 | 5 Bed HouseChacecourt, Penstraze, Truro, TR4 8PLChacecourt, Penstraze, Truro, TR4 8PL
- Sold Jan 1996£76,000 | 4 Bed HouseTresco, Penstraze, Truro, TR4 8PLTresco, Penstraze, Truro, TR4 8PL
Nearby Postcodes
TR4 8PL is the 81st largest and the 472nd most expensive postcode out of the 508 postcodes in the TR4 area.
- TR4 8PH, Penstraze, Chacewater, Truro, TR4TR4 8PH24 Addresses|99 m away
- TR4 8PJ, Penstraze, Chacewater, Truro, TR4TR4 8PJ1 Addresses|242 m away
- TR4 8PN, Penstraze, Chacewater, Truro, TR4TR4 8PN20 Addresses|281 m away
- TR4 8TR, Penstraze, Chacewater, Truro, TR4TR4 8TR1 Addresses|417 m away
- TR4 8PG, Penstraze, Chacewater, Truro, TR4TR4 8PG4 Addresses|453 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (1)
- D (0)
- No EPC (1)
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 School2.1 km away
- Blackwater Community Primary School2.5 km away
- Threemilestone School2.8 km away
- Richard Lander School3.4 km away
- Redruth School7.8 km away
- Penair School8.2 km away
More reading links
Public Transport Nearby
The closest station to TR4 8PL is Truro station, which is 5.9 kilometres away.
- Truro|5.9 km away
- Perranwell|6.7 km away
- Redruth|7.1 km away
- Penryn (Cornwall)|11.6 km away