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House Prices in TR16

The average house price in TR16 (Redruth) is £304,000 using HM Land Registry data.

The average property price increased by £69,064 (31.69%) over the last 5 years and increased by £13,803 (4.6%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 32 transactions (-18.29%) relative to the previous year. The majority of house sales (45) were in the £244,000 - £308,000 range. Then came properties in the £180,000 - £244,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,358 (-3%).

In May 2025, there were 47 new estate agency instructions, 34 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in TR16 (Redruth)

31.69%

Property prices in TR16 (Redruth) increased by 31.69% 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

4.6%

Property prices in TR16 (Redruth) increased by 4.6% 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) - May 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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
13 Tregullan, Illogan, Redruth, Cornwall, TR16 4DG	£207,500	£200,000	-£7,500	04 Sep 2024	21 Feb 2025	170 Days
Little Orchard, Trevarth Road, Carharrack, Redruth, Cornwall, TR16 5SE	£375,000	£350,000	-£25,000	22 Mar 2024	07 Feb 2025	322 Days
Flormont, Vogue, St Day, Redruth, Cornwall, TR16 5NR	£249,950	£238,500	-£11,450	13 Aug 2024	07 Feb 2025	178 Days
Cliff House, Cliff Terrace, Portreath, Redruth, Cornwall, TR16 4LE	£525,000	£510,000	-£15,000	02 Jul 2024	31 Jan 2025	213 Days
6 Park Stenak, Carharrack, Redruth, Cornwall, TR16 5SL	£227,500	£227,500	£0	30 Jul 2024	29 Jan 2025	183 Days
9 Alexandra Close, Illogan, Redruth, Cornwall, TR16 4RS	£315,000	£315,000	£0	12 Sep 2024	24 Jan 2025	134 Days
4 Henscol Praze, Lanner, Redruth, Cornwall, TR16 6DL	£265,000	£260,000	-£5,000	29 Aug 2024	10 Jan 2025	134 Days
11 Treforthlan, Paynters Lane End, Redruth, Cornwall, TR16 4RN	£325,000	£320,000	-£5,000	04 Sep 2024	09 Jan 2025	127 Days
2 Stithians Row, Four Lanes, Redruth, Cornwall, TR16 6LG	£230,000	£210,000	-£20,000	02 Oct 2024	20 Dec 2024	79 Days
28 Tresithney Road, Carharrack, Redruth, Cornwall, TR16 5QZ	£290,000	£287,000	-£3,000	15 Jul 2024	20 Dec 2024	158 Days
3 Bosvean Gardens, Paynters Lane, Redruth, Cornwall, TR16 4DH	£270,000	£262,000	-£8,000	20 Sep 2024	19 Dec 2024	90 Days
47 Lanner Hill, Lanner, Redruth, Cornwall, TR16 6DB	£205,000	£205,000	£0	14 Sep 2024	12 Dec 2024	89 Days
4 Tresithney Road, Carharrack, Redruth, Cornwall, TR16 5QZ	£325,000	£320,000	-£5,000	20 Jun 2024	29 Nov 2024	162 Days
15 Telegraph Street, St Day, Redruth, Cornwall, TR16 5LY	£179,950	£176,000	-£3,950	25 Jul 2024	29 Nov 2024	127 Days
Poppies, Green Lane, Portreath, Redruth, Cornwall, TR16 4NX	£550,000	£495,000	-£55,000	08 Jul 2024	29 Nov 2024	144 Days
1 Kew Carn, Voguebeloth, Redruth, Cornwall, TR16 4FU	£895,000	£895,000	£0	23 Aug 2024	29 Nov 2024	98 Days
High Noons, Marys Well, Illogan, Redruth, Cornwall, TR16 4EG	£450,000	£435,000	-£15,000	04 Apr 2024	26 Nov 2024	236 Days
10 Penluke Close, Four Lanes, Redruth, Cornwall, TR16 6NQ	£255,000	£250,000	-£5,000	12 Aug 2024	22 Nov 2024	102 Days
2 Alexandra Close, Illogan, Redruth, Cornwall, TR16 4RS	£299,950	£299,950	£0	23 Aug 2024	19 Nov 2024	88 Days
4 Pennance Terrace, Lanner, Redruth, Cornwall, TR16 5TP	£275,000	£273,000	-£2,000	23 Jul 2024	15 Nov 2024	115 Days

Most Expensive Streets in TR16 (Redruth)

Postcode	Street	Area	Average	No. of Sales
TR16 4LH	Lighthouse Hill	Redruth	£1,142,500	3
TR16 4PQ	Tregea Hill	Redruth	£780,000	4
TR16 4NX	Green Lane	Redruth	£731,250	4
TR16 5FE	Gwel An Jynnji	Redruth	£626,666	3
TR16 5TU	Higher Pennance	Redruth	£582,500	4
TR16 4FT	Melyn Grove, Harris Mill	Redruth	£581,666	3
TR16 6BD	Church Lane	Redruth	£575,362	3
TR16 4LF	Harbour Terrace	Redruth	£558,666	3
TR16 4DY	Alexandra Road	Redruth	£555,000	3
TR16 4BY	North Country	Redruth	£554,373	4

Least Expensive Streets in TR16 (Redruth)

Postcode	Street	Area	Average	No. of Sales
TR16 4FQ	Park An Lann	Redruth	£107,600	5
TR16 4SG	Coronation Road, Illogan	Redruth	£120,833	3
TR16 4SJ	Churchtown Road	Redruth	£141,250	4
TR16 4NA	Lamorna Court	Redruth	£143,000	3
TR16 4FW	North Coast Holiday Cottages, New Portreath Road	Redruth	£145,000	5
TR16 6DB	Lanner Hill	Redruth	£149,000	3
TR16 4SF	Churchtown Road	Redruth	£155,891	4
TR16 6QD	Andrews Terrace, Loscombe Road	Redruth	£162,000	3
TR16 6DW	Lanner Hill	Redruth	£162,750	4
TR16 6QL	Ballard Estate	Redruth	£163,005	9