Forbes Close - TR18 5EU
Key Street Insights
Forbes Close is a residential street with 25 addresses.
It ranks as the 375th largest and 176th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £227,560
- 10 Year change
- up 44.4%
- Ave. Rental Price
- £1,128pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
Forbes Close is a residential street with 25 addresses.
It ranks as the 375th largest and 176th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £227,560
- 10 Year change
- up 44.4%
- Ave. Rental Price
- £1,128pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertieson Forbes Close, Newlyn, Penzance, TR18
- 1 Forbes Close
3 Bed Mid-century House
- 2 Forbes Close
3 Bed Mid-century House
- 3 Forbes Close
3 Bed Mid-century House
- 4 Forbes Close
3 Bed Mid-century House
- 5 Forbes Close
Unknown
Sales Market Trends
The last sale on Forbes Close sold for £252,000 on 28th October 2022. Since then prices are down an average of 6.1%.
The current average value in the street is £227,560.
The Forbes Close Sales Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £227,560 |
| June 2025 | -1.5% | £233,393 |
| June 2024 | 1.5% | £236,949 |
| June 2023 | -2.1% | £233,556 |
| June 2022 | 15.9% | £238,565 |
| June 2021 | 17% | £205,815 |
| June 2020 | 0.9% | £175,931 |
| June 2019 | 0.6% | £174,288 |
| June 2018 | 4.8% | £173,266 |
| June 2017 | 4.9% | £165,252 |
| June 2016 | 3.9% | £157,584 |
| June 2015 | 1.9% | £151,618 |
| June 2014 | 1.8% | £148,802 |
| June 2013 | 2% | £146,223 |
| June 2012 | -0.1% | £143,371 |
| June 2011 | -1% | £143,531 |
| June 2010 | 6.5% | £144,993 |
| June 2009 | -11.9% | £136,201 |
| June 2008 | -3.2% | £154,638 |
| June 2007 | 0% | £159,822 |
Rental Market Trends
The current average rental value in the street is £1,128.
The Forbes Close Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £1,128pcm |
| June 2025 | 8.9% | £1,068pcm |
| June 2024 | 4.9% | £981pcm |
| June 2023 | 4.7% | £935pcm |
| June 2022 | 10% | £893pcm |
| June 2021 | 13.6% | £812pcm |
| June 2020 | 1.1% | £715pcm |
| June 2019 | 4.4% | £706pcm |
| June 2018 | 2.9% | £676pcm |
| June 2017 | 0.4% | £657pcm |
| June 2016 | 1.5% | £655pcm |
| June 2015 | 2.2% | £645pcm |
| June 2014 | 3% | £631pcm |
| June 2013 | -0.5% | £612pcm |
| June 2012 | 1.5% | £616pcm |
| June 2011 | 2.2% | £606pcm |
| June 2010 | 5.2% | £593pcm |
| June 2009 | -7.8% | £564pcm |
| June 2008 | 4.5% | £611pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 28th October 2022 for £252,000 and since then the market in the area has decreased by 6.1%. The street has had a total of 23 sales since 1995.
Forbes Close, Newlyn, Penzance, TR18 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£252,000 | 3 Bed House3, Forbes Close, Penzance, TR18 5EU3, Forbes Close, Penzance, TR18 5EU
- Sold May 2021£187,500 | 3 Bed House4, Forbes Close, Penzance, TR18 5EU4, Forbes Close, Penzance, TR18 5EU
- Sold Oct 2020£255,000 | 3 Bed House1, Forbes Close, Penzance, TR18 5EU1, Forbes Close, Penzance, TR18 5EU
- Sold Feb 2019£155,000 | 3 Bed House11, Forbes Close, Penzance, TR18 5EU11, Forbes Close, Penzance, TR18 5EU
- Sold Dec 2018£187,000 | 3 Bed House14, Forbes Close, Penzance, TR18 5EU14, Forbes Close, Penzance, TR18 5EU
Top 3 Most Expensive Sales
- Sold Oct 2020£255,000 | 3 Bed House1, Forbes Close, Penzance, TR18 5EU1, Forbes Close, Penzance, TR18 5EU
- Sold Oct 2022£252,000 | 3 Bed House3, Forbes Close, Penzance, TR18 5EU3, Forbes Close, Penzance, TR18 5EU
- Sold May 2021£187,500 | 3 Bed House4, Forbes Close, Penzance, TR18 5EU4, Forbes Close, Penzance, TR18 5EU
Nearby Streets
Forbes Close, Newlyn, Penzance, TR18 is the 375th largest and the 176th most expensive street in the TR18 area.
- Forbes Road, Newlyn, Penzance, TR1843 Addresses|48 m away
- Faugan Road, Newlyn, Penzance, TR1825 Addresses|73 m away
- Faugan Lane, Newlyn, Penzance, TR188 Addresses|119 m away
- Chyvellas Close, Newlyn, Penzance, TR1813 Addresses|136 m away
- Gurnick Road, Newlyn, Penzance, TR1851 Addresses|156 m away
- Boskernick Close, Newlyn, Penzance, TR1810 Addresses|204 m away
Property Types
- 3 modern houses built after 1980
- 13 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (3)
- mid-century house (13)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (2)
- C (3)
- G (1)
- D (6)
- No EPC (9)
Schools Nearby
- Newlyn School1.1 km away
- Alverton Primary School1.7 km away
- Mousehole School1.9 km away
- Humphry Davy School3.0 km away
- Mounts Bay Academy3.2 km away
- Cape Cornwall School9.8 km away
More reading links
Public Transport Nearby
The closest station to Forbes Close, Newlyn, Penzance, TR18 - TR18 5EU is Penzance station, which is 3.0 kilometres away.
- Penzance|3.0 km away
- St Erth|11.2 km away
- Lelant Saltings|12.0 km away
