Postcode district
TR18
Median asking price
£286K
Across 120 for-sale listings
Growth, 3 years
-2.0%
A year, annualised
Gross yield
4.1%
Indicative, from listing medians
Days on market
89
Average time on market
Investment overview
Median asking price
£286K
Average £325K, range £100K to £995K
Gross yield
4.1%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
89 days average time on market
Median asking rent
£975/mo
Of 9 to-let listings
Most common type
Terraced
3 bedrooms on average
Market data
Listings
Summary
Homes listed
129
For sale and to let. Excludes 1 that are not homes or not monthly rents
Median asking price
£286K
Asking price range
£100K to £995K
Homes analysed
11,082
Behind the growth and area averages
For-sale listings equal 1.1% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.1%
- Moderate indicative gross yield of 4.1%
- Median asking rent £975 a month
HMO
ModerateMedian asking price
£286K
- Moderate entry price (£286K)
- 21% of households rent privately
- Most listings are terraced
Flip
WeakGrowth, 3 years
-2.0% a year
- Prices moving -2.0% a year over 3 years raises resale risk
- 89 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 120 in TR18.
Foundry Lane, Newlyn, Penzance, Cornwall TR18
£175,000
Flat · Seen 4 Nov 2026
Gwavas Street, Penzance TR18
£195,000
Terraced · Seen 4 Nov 2026
Lower Gurnick Road, Newlyn, Penzance TR18
£500,000
Bungalow · Seen 4 Nov 2026
Polmeere Road, Penzance, Cornwall TR18
£275,000
Semi detached · Seen 4 Nov 2026
Morrab Road, Penzance TR18
£625,000
Seen 4 Nov 2026
Tredarvah Road, Penzance TR18
£465,000
Detached · Seen 4 Nov 2026