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House Prices in TR16

The average house price in TR16 (Redruth) is £267,500 using HM Land Registry data.

The average property price increased by £7,696 (4.01%) over the last 5 years and increased by £1,539 (0.78%) over the last 12 months.

Over the last year, there were 164 residential property sales – a decrease of 54 transactions (-32.93%) relative to the previous year. The majority of house sales (59) were in the £238,000 - £316,000 range. Then came properties in the £160,000 - £238,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,602 (-3%).

In Jul 2026, there were 58 new estate agency instructions, 33 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in TR16 (Redruth)

4.01%

Property prices in TR16 (Redruth) increased by 4.01% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TR16 (Redruth) Over the Last Year

0.78%

Property prices in TR16 (Redruth) increased by 0.78% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for TR16 (Redruth) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TR16 (Redruth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TR16 (Redruth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TR16 (Redruth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TR16 (Redruth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR16 postcode area since 1995.

Recent Sales in TR16 (Redruth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Church Road, Redruth, TR16 6LT	£250,000	£245,000	-£5,000	10 Jun 2025	14 May 2026	338 Days
8 Borgwitha, Redruth, TR16 6QG	£275,000	£270,000	-£5,000	28 Aug 2025	08 May 2026	253 Days
1 Moorview, Pennance Terrace, Redruth, TR16 5TP	£289,950	£286,000	-£3,950	25 Jul 2025	30 Apr 2026	279 Days
The Spinney, Alexandra Road, Illogan, TR16 4EN	£525,000	£525,000	£0	25 Feb 2026	28 Apr 2026	62 Days
49 Bridge Road, Redruth, TR16 4SA	£219,950	£217,000	-£2,950	31 Jul 2025	13 Apr 2026	256 Days
57 Tresithney Road, Redruth, TR16 5QZ	£200,000	£190,000	-£10,000	05 Aug 2025	10 Apr 2026	248 Days
Greenholme, Tram Road, Redruth, TR16 4HT	£795,000	£795,000	£0	15 Aug 2025	10 Apr 2026	238 Days
6 Warwick Avenue, Redruth, TR16 4DZ	£325,000	£318,000	-£7,000	14 Nov 2025	02 Apr 2026	139 Days
40 Ballard Estate, Redruth, TR16 6QL	£150,000	£138,245	-£11,755	08 Dec 2025	02 Apr 2026	115 Days
1 Chy An Drea, North Road, Valley View Estate, Redruth, TR16 5TE	£335,000	£325,000	-£10,000	19 Feb 2026	30 Mar 2026	39 Days
5 Carn View, Gwennap, TR16 6BE	£299,950	£280,000	-£19,950	16 May 2025	30 Mar 2026	318 Days
1 Park An Trinity, Redruth, TR16 5LZ	£285,000	£285,000	£0	24 Sep 2025	27 Mar 2026	184 Days
10 Briggan Close, Redruth, TR16 5EW	£270,000	£270,000	£0	13 Jun 2025	27 Mar 2026	287 Days
22 Forth An Nance, Redruth, TR16 4NQ	£289,950	£275,000	-£14,950	21 Jan 2026	27 Mar 2026	65 Days
4 Ballard Close, Redruth, TR16 6QN	£210,000	£205,000	-£5,000	20 Jan 2026	25 Mar 2026	64 Days
Hendra House, Churchtown, Redruth, TR16 4SW	£400,000	£397,500	-£2,500	06 Jun 2025	23 Mar 2026	290 Days
Cotswold, Trevarth Terrace, Redruth, TR16 6AG	£295,000	£285,000	-£10,000	21 Aug 2025	23 Mar 2026	214 Days
31 Bosvean Gardens, Redruth, TR16 4DH	£269,950	£260,000	-£9,950	27 Mar 2025	23 Mar 2026	361 Days
Higher Tolcarne House, Tolcarne, Redruth, TR16 5HA	£625,000	£625,000	£0	02 Jun 2025	12 Mar 2026	283 Days
23 Wheal Gorland Road, Redruth, TR16 5LT	£215,000	£202,500	-£12,500	23 Jun 2025	06 Mar 2026	256 Days

Most Expensive Streets in TR16 (Redruth)

Postcode	Street	Area	Average	No. of Sales
TR16 4PQ	Tregea Hill	Redruth	£780,000	4
TR16 4NX	Green Lane	Redruth	£714,880	5
TR16 4BY	Lower Orion, North Country	Redruth	£672,498	4
TR16 4HT	Cambrose	Redruth	£668,666	3
TR16 5HA	Tolcarne	Redruth	£645,000	4
TR16 5FE	Gwel An Jynnji	Redruth	£626,666	3
TR16 5TU	Higher Pennance	Redruth	£626,666	3
TR16 4FT	Melyn Grove, Harris Mill	Redruth	£581,666	3
TR16 5PX	Little Beside, St Day	Redruth	£530,000	4
TR16 5EB	Goonearl, Scorrier	Redruth	£517,500	4

Least Expensive Streets in TR16 (Redruth)

Postcode	Street	Area	Average	No. of Sales
TR16 4FQ	Park An Lann	Redruth	£109,666	6
TR16 4SG	Coronation Road, Illogan	Redruth	£124,166	3
TR16 4DS	Paynters Lane	Redruth	£142,875	4
TR16 4FW	North Coast Holiday Cottages, New Portreath Road	Redruth	£145,000	3
TR16 4SF	Churchtown Road	Redruth	£152,713	5
TR16 6DW	Lanner Hill	Redruth	£165,750	4
TR16 5LH	Scorrier Street	Redruth	£171,285	7
TR16 4DG	Tregullan	Redruth	£171,666	3
TR16 6LS	Boskenna Road	Redruth	£175,333	6
TR16 6JG	Tresavean Estate	Redruth	£176,833	3