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House Prices in TR16

The average house price in TR16 (Redruth) is £247,500 using HM Land Registry data.

The average property price increased by £18,855 (6.06%) over the last 5 years and increased by £3,770 (1.16%) over the last 12 months.

Over the last year, there were 157 residential property sales – a decrease of 65 transactions (-41.40%) relative to the previous year. The majority of house sales (41) were in the £226,000 - £282,000 range. Then came properties in the £282,000 - £338,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,618 (-3%).

In Mar 2026, there were 49 new estate agency instructions, 38 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in TR16 (Redruth)

6.06%

Property prices in TR16 (Redruth) increased by 6.06% 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

1.16%

Property prices in TR16 (Redruth) increased by 1.16% 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) - Mar 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 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
Sunnyside, Pennance Road, Redruth, TR16 5TF	£575,000	£550,000	-£25,000	20 Feb 2025	19 Dec 2025	302 Days
Sunray, Primrose Terrace, Redruth, TR16 4JS	£350,000	£340,000	-£10,000	01 Feb 2025	18 Dec 2025	320 Days
13 Homefield Park, Redruth, TR16 4AB	£245,000	£225,000	-£20,000	27 Dec 2024	17 Dec 2025	355 Days
Carn View Farm, Trevelyan Road, Paynters Lane End, Illogan, TR16 4RR	£400,000	£390,000	-£10,000	30 Jan 2025	16 Dec 2025	320 Days
44 Lanmoor Estate, Lanner, TR16 6HN	£239,950	£235,000	-£4,950	15 Sep 2025	02 Dec 2025	78 Days
Kernick Cottage, Sparry Bottom, Redruth, TR16 5SH	£495,000	£475,000	-£20,000	09 Jul 2025	28 Nov 2025	142 Days
7 Fir View, Rabys Row, Redruth, TR16 5AW	£180,000	£165,000	-£15,000	23 Aug 2025	24 Nov 2025	93 Days
3 Trekye Close, Redruth, TR16 6QE	£285,000	£280,000	-£5,000	06 Jun 2025	21 Nov 2025	168 Days
8 Chynance, Redruth, TR16 4NL	£350,000	£335,000	-£15,000	07 Apr 2025	19 Nov 2025	226 Days
1 Scoria Close, Redruth, TR16 5BP	£195,000	£180,000	-£15,000	08 Aug 2025	14 Nov 2025	98 Days
True North, Green Lane, Redruth, TR16 4NX	£685,000	£649,400	-£35,600	23 May 2025	14 Nov 2025	175 Days
50 Melita, Alexandra Road, Redruth, TR16 4EA	£700,000	£680,000	-£20,000	31 Mar 2025	11 Nov 2025	225 Days
15 Trevelthan Road, Redruth, TR16 4DX	£289,950	£280,000	-£9,950	11 Jun 2025	07 Nov 2025	149 Days
32 Tresithney Road, Redruth, TR16 5QZ	£280,000	£280,000	£0	02 Apr 2025	07 Nov 2025	219 Days
6 Treview, Adams Row, Scorrier, Redruth, TR16 5AR	£450,000	£440,000	-£10,000	07 Mar 2025	07 Nov 2025	245 Days
8 Treseder Close, Redruth, TR16 5ES	£280,000	£272,000	-£8,000	21 May 2025	31 Oct 2025	163 Days
The Nook, Pennance Road, Redruth, TR16 5TF	£395,000	£385,000	-£10,000	28 May 2025	29 Oct 2025	154 Days
Lichen, Bridge Moor, Redruth, TR16 4QA	£340,000	£326,000	-£14,000	02 Apr 2025	24 Oct 2025	205 Days
1a, Polhigey Terrace, Redruth, TR16 6PG	£267,800	£266,000	-£1,800	07 May 2025	23 Oct 2025	169 Days
116 Pencarn Parc, Boskenna Road, Four Lanes, TR16 6LQ	£230,000	£215,000	-£15,000	08 Nov 2024	17 Oct 2025	343 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 5FE	Gwel An Jynnji	Redruth	£626,666	3
TR16 5TU	Higher Pennance	Redruth	£626,666	3
TR16 4HT	Cambrose	Redruth	£612,000	3
TR16 4FT	Melyn Grove, Harris Mill	Redruth	£581,666	3
TR16 5PX	Little Beside, St Day	Redruth	£530,000	4
TR16 4GA	Park Leven	Redruth	£515,666	3
TR16 4EA	Alexandra Road	Redruth	£511,875	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 4DG	Tregullan	Redruth	£171,666	3
TR16 6LS	Boskenna Road	Redruth	£175,333	6
TR16 6JG	Tresavean Estate	Redruth	£176,833	3
TR16 6LR	Wood End Cottages, Church Road	Redruth	£179,000	3