Typical 3-bedroom house£298kmost £247k–£391k
Houses per m²£3,328flats £2,959
Sold last year1491,144 in five years
Prices in Cornwall-0.8%on a year ago
A typical 3-bedroom house in TR18 sold for £297,729 over the last five years, in today's money; most went for between £247,102 and £391,102, for about 89 m² of space. That is 6% less than the same home across Penzance (£318,000).
149 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £118k for one bedroom. Within the district, houses cost the least per m² in TR18 2 (£3,011) and the most in TR18 4 (£3,604).
Across Cornwall, prices are down 0.8% on a year ago and up 7.9% over five years. Renting a similar home there costs about £1,077 a month; a 90% mortgage on the typical price would be around £1,358 a month at 4.5% over 30 years. Lenders would typically want a household income of about £60,000 for that mortgage: what £60,000 buys.
Questions about TR18
Is TR18 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 6% less than across Penzance; prices in Cornwall are down 0.8% on a year ago; the best state primary nearby is above the England average (78% against 64%); the best secondary is below it (38.5% against 43.8%); 149 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in TR18?
A typical 3-bedroom house in TR18 sold for £297,729 over the last five years, in today's money. Most sold between £247,102 and £391,102.
Is TR18 expensive for Penzance?
A 3-bedroom house in TR18 costs 6% less than the typical 3-bedroom house across Penzance (£318,000).
How many homes sell in TR18 each year?
149 homes sold in the last year and 1,144 in five years: a steady market with homes coming up most weeks.
What are the schools like near TR18?
The best-performing state primary within 2 km is Newlyn School, where 78% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near TR18?
For a 3-bedroom house, TR14 (£231k, 20 km), TR15 (£247k, 25 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.