House Prices in TR16 House Prices in TR16 (Redruth)

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.

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).

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Tregullan, Illogan, Redruth, Cornwall, TR16 4DG£207,500£200,000-£7,50004 Sep 202421 Feb 2025170 Days
Little Orchard, Trevarth Road, Carharrack, Redruth, Cornwall, TR16 5SE£375,000£350,000-£25,00022 Mar 202407 Feb 2025322 Days
Flormont, Vogue, St Day, Redruth, Cornwall, TR16 5NR£249,950£238,500-£11,45013 Aug 202407 Feb 2025178 Days
Cliff House, Cliff Terrace, Portreath, Redruth, Cornwall, TR16 4LE£525,000£510,000-£15,00002 Jul 202431 Jan 2025213 Days
6 Park Stenak, Carharrack, Redruth, Cornwall, TR16 5SL£227,500£227,500£030 Jul 202429 Jan 2025183 Days
9 Alexandra Close, Illogan, Redruth, Cornwall, TR16 4RS£315,000£315,000£012 Sep 202424 Jan 2025134 Days
4 Henscol Praze, Lanner, Redruth, Cornwall, TR16 6DL£265,000£260,000-£5,00029 Aug 202410 Jan 2025134 Days
11 Treforthlan, Paynters Lane End, Redruth, Cornwall, TR16 4RN£325,000£320,000-£5,00004 Sep 202409 Jan 2025127 Days
2 Stithians Row, Four Lanes, Redruth, Cornwall, TR16 6LG£230,000£210,000-£20,00002 Oct 202420 Dec 202479 Days
28 Tresithney Road, Carharrack, Redruth, Cornwall, TR16 5QZ£290,000£287,000-£3,00015 Jul 202420 Dec 2024158 Days
3 Bosvean Gardens, Paynters Lane, Redruth, Cornwall, TR16 4DH£270,000£262,000-£8,00020 Sep 202419 Dec 202490 Days
47 Lanner Hill, Lanner, Redruth, Cornwall, TR16 6DB£205,000£205,000£014 Sep 202412 Dec 202489 Days
4 Tresithney Road, Carharrack, Redruth, Cornwall, TR16 5QZ£325,000£320,000-£5,00020 Jun 202429 Nov 2024162 Days
15 Telegraph Street, St Day, Redruth, Cornwall, TR16 5LY£179,950£176,000-£3,95025 Jul 202429 Nov 2024127 Days
Poppies, Green Lane, Portreath, Redruth, Cornwall, TR16 4NX£550,000£495,000-£55,00008 Jul 202429 Nov 2024144 Days
1 Kew Carn, Voguebeloth, Redruth, Cornwall, TR16 4FU£895,000£895,000£023 Aug 202429 Nov 202498 Days
High Noons, Marys Well, Illogan, Redruth, Cornwall, TR16 4EG£450,000£435,000-£15,00004 Apr 202426 Nov 2024236 Days
10 Penluke Close, Four Lanes, Redruth, Cornwall, TR16 6NQ£255,000£250,000-£5,00012 Aug 202422 Nov 2024102 Days
2 Alexandra Close, Illogan, Redruth, Cornwall, TR16 4RS£299,950£299,950£023 Aug 202419 Nov 202488 Days
4 Pennance Terrace, Lanner, Redruth, Cornwall, TR16 5TP£275,000£273,000-£2,00023 Jul 202415 Nov 2024115 Days

Most Expensive Streets in TR16 (Redruth)

PostcodeStreetAreaAverageNo. of Sales
TR16 4LHLighthouse HillRedruth£1,142,5003
TR16 4PQTregea HillRedruth£780,0004
TR16 4NXGreen LaneRedruth£731,2504
TR16 5FEGwel An JynnjiRedruth£626,6663
TR16 5TUHigher PennanceRedruth£582,5004
TR16 4FTMelyn Grove, Harris MillRedruth£581,6663
TR16 6BDChurch LaneRedruth£575,3623
TR16 4LFHarbour TerraceRedruth£558,6663
TR16 4DYAlexandra RoadRedruth£555,0003
TR16 4BYNorth CountryRedruth£554,3734

Least Expensive Streets in TR16 (Redruth)

PostcodeStreetAreaAverageNo. of Sales
TR16 4FQPark An LannRedruth£107,6005
TR16 4SGCoronation Road, IlloganRedruth£120,8333
TR16 4SJChurchtown RoadRedruth£141,2504
TR16 4NALamorna CourtRedruth£143,0003
TR16 4FWNorth Coast Holiday Cottages, New Portreath RoadRedruth£145,0005
TR16 6DBLanner HillRedruth£149,0003
TR16 4SFChurchtown RoadRedruth£155,8914
TR16 6QDAndrews Terrace, Loscombe RoadRedruth£162,0003
TR16 6DWLanner HillRedruth£162,7504
TR16 6QLBallard EstateRedruth£163,0059

Explore TR16 (Redruth) using map

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