House prices in TR18 4, Penzance
The median home in TR18 4, Penzance has sold for £315,000 over the last three years — broadly in line with the ~£290,000 England & Wales average.
HM Land Registry sold-price data · updated July 2026
Sold prices in TR18 4, Penzance
Based on 211 sales recorded in the last three years (HM Land Registry).
The median home in TR18 4, Penzance has sold for £315,000 over the last three years — broadly in line with the ~£290,000 England & Wales average. The average of £363,404 sits notably higher than the median, which usually means a tail of larger or higher-value sales pulling the mean up. That's drawn from 211 recorded sales — a reasonably active local market.
TR18 4 price trend
Quarterly median sold price (smoothed), against England & Wales. Hover for the value at any quarter.
Over five years, prices in TR18 4, Penzance have risen (+12.9%). Across a full decade they are +51.9%. The last twelve months alone: +3.8%. Prices in TR18 4, Penzance still sit about 12% below their 2023 peak on our smoothed index — worth knowing when a seller's asking price was set with the top of the market in mind.
How TR18 4 growth compares
Sold prices rebased to 100 at 2015 — so you can compare the pace of change in TR18 4 directly against England & Wales, regardless of price level.
Indexed to 100 in 2015. A line at +20% means prices are 20% above their 2015 level.
What it costs to buy in TR18 4, Penzance
From entry-level to premium — where sold prices actually land, not just the headline median.
Homes in TR18 4, Penzance span a broad range: the cheapest tenth of sales went for under £170,000, while the top tenth fetched over £625,000. Half of all sales fell between £250,000 and £469,750 — the practical "middle of the market" a typical buyer competes in.
Plan a budget for TR18 4, Penzance
Slide across what homes in TR18 4 actually sell for and see the deposit, stamp duty, monthly repayments and income a purchase would take.
Upfront cash ≈ £37,250 (deposit + stamp duty), before legal and survey fees. Illustration only, not financial advice — English SDLT main-residence rates for 2025/26; second homes pay a surcharge, and your mortgage rate and multiple will vary.
How TR18 4 compares
Average sold price here against its wider area and England (HM Land Registry UK House Price Index).
At £363,404, homes in TR18 4, Penzance sell for 31% above the Cornwall average, and 25% above the England average.
Prices by property type
Median sold price, £/m² and share of the market, by type, across TR18 4.
The most-traded type in TR18 4, Penzance is terraced (94 sales, median £336,500), which tends to set the tone of the area. Flats (£182,750) and houses (~£362,132) trade well apart, so the headline figure moves a lot with the mix of what's for sale. Priced by size, homes here work out at roughly £3,597 per square metre — a useful yardstick when a listing's asking price looks high or low for its floor area. Space for money: flat / maisonette offer the most floor area per pound in TR18 4, Penzance, at about £3,090/m², while detached cost the most at £4,604/m² — a 49% premium. If floor area matters more to you than form, that gap is where the value hides.
The TR18 4 market: activity & mix
How busy the market is, and what kind of homes actually change hands.
* 2026 is a part year — Land Registry sales are recorded a few weeks after completion.
Around 83 homes changed hands in TR18 4, Penzance in 2025 — in line with the area's average of roughly 85 sales a year over the past decade. The busiest recent year was 2021 (110 sales). Steady turnover means a reasonable flow of fresh listings through the year. 18% of recent sales in TR18 4, Penzance were leasehold — mostly freehold, with some leasehold flats.
Inside TR18 4: deprivation & demographics
Explore the neighbourhoods that make up this area. Each cell is a Census neighbourhood (LSOA) shaded by its national decile — switch between overall deprivation, income, education, health, crime and more. Tap a cell for its figure.
Deciles are national (1 = most deprived 10% in England, 10 = least). Source: English Indices of Deprivation (IMD) by 2021 LSOA, boundaries © ONS. This shows the area's statistical neighbourhoods, not a precise postcode boundary.
Buying in TR18 4? Don't offer on the area average.
Area prices set the scene — but the home you're viewing has its own flood risk, energy costs, crime picture, school catchment and fair value. Check the exact address before you commit.
What a full report reveals about a TR18 4 home
Everything below is analysed for the specific address you search — locked here, unlocked in the report.
What's in a Housometer report
Every section, for any specific home in TR18 4.
An evidence-based estimate with a confidence range, every sale since 1995, and the nearest comparables.
EPC rating, floor area, heating type and what the home costs to run.
The exact band for this property and what it costs you each year.
River, sea and surface-water flood risk, with the nearest watercourse.
Subsidence and ground stability, radon potential and coal-mining legacy.
Recent crime in the immediate area, by type and trend, plus road safety.
Road, rail and aircraft noise plus NO₂ and particulate air pollution.
Nearest primaries and secondaries with Ofsted ratings and performance.
Nearest stations, walk times and travel time to your workplace.
Walking distance to shops, GP, gyms, parks and everyday essentials.
Full-fibre and gigabit availability, top speeds and mobile coverage.
Applications at the property and next door, designations, tenure and ownership.
Historic OS maps, the likely build era and a dated timeline of the home’s past.
Local earnings, deprivation, household make-up and who lives nearby.
One-off report for a single property, or go unlimited to check every home on your shortlist across England & Wales.
TR18 4 house prices — FAQs
Over the last three years the median sold price in TR18 4 was £315,000, with a mean of £363,404, based on 211 HM Land Registry sales.
At a £315,000 median, TR18 4 is about the same as the ~£290,000 England & Wales average, working out at roughly £3,597 per square metre.
On our smoothed index, TR18 4 prices have moved +3.8% over the past year. Local trends are noisy, so this is a guide to direction rather than a precise figure.
Of the common types, flat / maisonette have the lowest median at £182,750 (44 sales).
Entry-level homes (the cheapest 10% of sales) went for under £170,000, and most buyers competed in the £250,000–£469,750 band. The top 10% of sales exceeded £625,000.
Prices in TR18 4 are +12.9% over the last five years, and +51.9% over ten, on our smoothed index of Land Registry sales.
On the £315,000 median-priced TR18 4 home, a home-mover pays about £5,750 in Stamp Duty Land Tax at 2025/26 rates, and a first-time buyer about £750 with first-time-buyer relief. Second homes pay a surcharge on top.
A 10% deposit on the median £315,000 TR18 4 home is £31,500 (5% would be £15,750). Borrowing the remaining £283,500 implies a household income of roughly £63,000 at a typical 4.5× lending multiple.
Roughly 83 sales a year have been recorded in TR18 4 recently (HM Land Registry). That’s a small market — the right home may take patience, and each sale can move the local averages.
18% of recent sales in TR18 4 were leasehold and the rest freehold. Leasehold usually means flats — always check the remaining lease length and any service charge or ground rent before offering.
Area figures set the scene, but every home differs. A Housometer report scores an individual TR18 4, Penzance address across value, energy, flood & ground risk, crime, schools, transport, noise, air and more — search any address to see it.
Sold-price figures derived from HM Land Registry Price Paid Data (© Crown copyright), under the Open Government Licence v3.0; £/m² combines PPD with MHCLG EPC floor areas. Full Housometer reports also draw on HM Land Registry, Ordnance Survey, Environment Agency, VOA, Ofsted, Police.uk, DEFRA, ONS and more. Area figures summarise the market and are not a valuation of any individual home.