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Newquay House Prices Newquay House Prices

The average house price in Newquay is £308,585 using HM Land Registry data.

The average property price increased by £147,551 (59.78%) over the last 5 years and increased by £29,490 (8.08%) over the last 12 months.

Over the last year, there were 360 residential property sales – a decrease of 154 transactions (-42.78%) relative to the previous year. The majority of house sales (74) were in the £224,000 - £298,000 range. Then came properties in the £298,000 - £372,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,300 (-3%).

In April 2024, there were 81 new estate agency instructions, 57 agreed home sales and 49 property price reductions.

Postcodes Covered: TR7, TR8

5-Year Average Property Prices in Newquay

59.78%

Property prices in Newquay increased by 59.78% 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 Newquay Over the Last Year

8.08%

Property prices in Newquay increased by 8.08% 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 Newquay - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Newquay

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 Newquay

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 Newquay

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 Newquay since 1995

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

Recent Property Sales in Newquay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
60 Trerice Drive, Newquay, Cornwall, TR7 2TE£425,000£415,000-£10,00010 Nov 202320 Mar 2024131 Days
3 Meadowside, Newquay, Cornwall, TR7 2LJ£230,000£228,500-£1,50008 Jan 202401 Mar 202453 Days
29 Ennors Road, Newquay, Cornwall, TR7 1RB£350,000£340,000-£10,00024 Oct 202329 Feb 2024128 Days
14 Shackleton Drive, Newquay, Cornwall, TR7 3PE£367,500£355,000-£12,50019 Oct 202323 Feb 2024127 Days
Chy An Warak, Trethellan Hill, Newquay, Cornwall, TR7 1QS£625,000£575,000-£50,00006 Oct 202323 Feb 2024140 Days
10 Fernhill Road, Newquay, Cornwall, TR7 1LE£495,000£485,000-£10,00031 Jul 202322 Feb 2024206 Days
90 Pydar Close, Newquay, Cornwall, TR7 3BT£350,000£345,000-£5,00029 Aug 202321 Feb 2024176 Days
46 Pendragon Crescent, Newquay, Cornwall, TR7 2SY£215,000£212,500-£2,50025 Oct 202316 Feb 2024114 Days
15 Lewarne Crescent, Newquay, Cornwall, TR7 3JW£390,000£385,000-£5,00022 Nov 202316 Feb 202486 Days
43 Well Way, Porth, Newquay, Cornwall, TR7 3LS£625,000£621,000-£4,00018 Mar 202316 Feb 2024335 Days
7 Coronation Way, Newquay, Cornwall, TR7 3JL£355,000£315,000-£40,00020 Oct 202215 Feb 2024483 Days
21 Henver Road, Newquay, Cornwall, TR7 3DG£400,000£390,000-£10,00012 Apr 202309 Feb 2024303 Days
14 Whitegate Road, Newquay, Cornwall, TR7 2RG£514,500£500,000-£14,50030 Nov 202308 Feb 202470 Days
27 Windsor Court, Newquay, Cornwall, TR7 2DD£105,000£105,000£0014 Apr 202305 Feb 2024297 Days
15 Gorse Close, Newquay, Cornwall, TR7 2TP£285,000£285,000£0022 Sep 202302 Feb 2024133 Days
8 Pentire Crescent, Newquay, Cornwall, TR7 1PX£750,000£550,000-£200,00022 Sep 202202 Feb 2024498 Days
50 Windsor Court, Newquay, Cornwall, TR7 2DD£110,000£110,000£0004 Oct 202331 Jan 2024119 Days
19 Penmerrin Court, Newquay, Cornwall, TR7 2JA£120,000£110,000-£10,00025 Sep 202325 Jan 2024122 Days
18 Tredour Road, Newquay, Cornwall, TR7 2EY£410,000£400,000-£10,00008 Sep 202319 Jan 2024133 Days
1 Chylan Crescent, Newquay, Cornwall, TR7 3EG£350,000£337,500-£12,50024 Jul 202319 Jan 2024179 Days

Most Expensive Streets in Newquay

PostcodeStreetAreaAverageNo. of Sales
TR7 1PUPentire CrescentNewquay£1,495,0003
TR7 1UXWoodlandsPentire Crescent£1,161,50411
TR7 1TWTrevean WayNewquay£1,001,4407
TR7 3AELusty Glaze RoadNewquay£941,0005
TR7 1PEPentire AvenueNewquay£843,2416
TR7 1FXFistral BlueHeadland Road£826,2504
TR7 3LZWhipsiderry CloseNewquay£717,5004
TR7 2FUTides ReachGannel Road£708,0005
TR7 3NJAlexandra CourtPorth£644,3333
TR7 1PLRiverside AvenueNewquay£611,8754

Least Expensive Streets in Newquay

PostcodeStreetAreaAverageNo. of Sales
TR7 3BJHenver RoadNewquay£81,50411
TR7 3JBPorth Bean RoadNewquay£93,3333
TR7 2DDWindsor CourtNewquay£112,12528
TR7 2NSAlbany RoadNewquay£122,0004
TR7 1NJTrevose AvenueNewquay£129,6974
TR7 1UJPenhaven CourtNewquay£129,93724
TR8 4FAChi Myghtern LewdhKresennik Pennfenten£130,4177
TR7 2NJEdgcumbe AvenueNewquay£132,6699
TR8 4SBChi EselsGwarak Esels£135,7505
TR8 4SEChi Myghtern ArthurPlen Tennyson£136,1254

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