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Pool and Illogan House Prices Pool and Illogan House Prices

The average house price in Pool and Illogan is £221,800 using HM Land Registry data.

The average property price increased by £78,480 (38.39%) over the last 5 years and increased by £15,685 (5.87%) over the last 12 months.

Over the last year, there were 90 residential property sales – a decrease of 39 transactions (-43.33%) relative to the previous year. The majority of house sales (23) were in the £192,000 - £244,000 range. Then came properties in the £244,000 - £296,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 168 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,365 (-2%).

In April 2024, there were 18 new estate agency instructions, 9 agreed home sales and 10 property price reductions.

Neighbouring Areas: Redruth, Camborne

Postcodes Covered: TR15, TR16

5-Year Average Property Prices in Pool and Illogan

38.39%

Property prices in Pool and Illogan increased by 38.39% 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 Pool and Illogan Over the Last Year

5.87%

Property prices in Pool and Illogan increased by 5.87% 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 Pool and Illogan - 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 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 Pool and Illogan

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 Pool and Illogan

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 Pool and Illogan

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 Pool and Illogan since 1995

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

Recent Property Sales in Pool and Illogan

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Merritts Way, Pool, Redruth, Cornwall, TR15 3TY£350,000£345,000-£5,00027 Jul 202301 Mar 2024218 Days
6 Primrose Gardens, Illogan, Redruth, Cornwall, TR16 4EH£300,000£300,000£0022 Nov 202307 Feb 202477 Days
31 Agar Crescent, Illogan Highway, Redruth, Cornwall, TR15 3NG£325,000£312,500-£12,50027 Aug 202305 Feb 2024162 Days
8 Voguebeloth, Illogan, Redruth, Cornwall, TR16 4EU£260,000£249,995-£10,00504 Oct 202305 Jan 202493 Days
248 Agar Road, Illogan Highway, Redruth, Cornwall, TR15 3NJ£299,000£290,000-£9,00030 Jun 202310 Nov 2023133 Days
25 Sunnyside Parc, Illogan, Redruth, Cornwall, TR15 3LX£320,000£315,000-£5,00021 Apr 202330 Oct 2023192 Days
8 Poldark Road, Paynters Lane, Redruth, Cornwall, TR16 4DL£240,000£240,000£0024 May 202327 Oct 2023156 Days
47 Valley Gardens, Voguebeloth, Redruth, Cornwall, TR16 4EE£325,000£295,000-£30,00021 Jul 202306 Oct 202377 Days
27 Killiersfield, Pool, Redruth, Cornwall, TR15 3LS£195,500£192,000-£3,50002 May 202322 Sep 2023143 Days
20 Paynters Lane End Estate, Illogan, Redruth, Cornwall, TR16 4RJ£285,000£280,000-£5,00009 Jan 202306 Sep 2023240 Days
20 Fore Street, Pool, Redruth, Cornwall, TR15 3PE£210,000£205,000-£5,00002 Mar 202305 Sep 2023187 Days
45 Oxland Road, Illogan, Redruth, Cornwall, TR16 4SH£195,500£190,000-£5,50015 May 202301 Sep 2023109 Days
Chyvounder, Richards Lane, Illogan, Redruth, Cornwall, TR16 4DQ£499,950£485,000-£14,95027 Apr 202330 Aug 2023125 Days
25 Poldark Road, Paynters Lane, Redruth, Cornwall, TR16 4DL£230,000£229,000-£1,00012 Dec 202221 Aug 2023252 Days
44 Trevelthan Road, Illogan, Redruth, Cornwall, TR16 4DX£340,000£335,000-£5,00029 Mar 202308 Aug 2023132 Days
9 Robartes Terrace, Illogan, Redruth, Cornwall, TR16 4RX£320,000£320,000£0027 Apr 202307 Aug 2023102 Days
4 Lamanva Close, Illogan, Redruth, Cornwall, TR16 4EW£395,000£370,000-£25,00017 Dec 202203 Aug 2023229 Days
34 Treloweth Way, Pool, Redruth, Cornwall, TR15 3TT£279,950£200,000-£79,95021 Mar 202302 Aug 2023134 Days
5 Lamanva Close, Illogan, Redruth, Cornwall, TR16 4EW£350,000£342,000-£8,00027 Feb 202301 Aug 2023155 Days
56 Wheal Agar, Pool, Redruth, Cornwall, TR15 3QL£287,500£285,500-£2,00009 Mar 202321 Jun 2023104 Days

Most Expensive Streets in Pool and Illogan

PostcodeStreetAreaAverageNo. of Sales
TR16 4FTMelyn GroveHarris Mill£581,6663
TR16 4EGMarys WellIllogan£478,3333
TR16 4DYAlexandra RoadIllogan£462,5004
TR15 3TNWest TolgusRedruth£410,0003
TR16 4ENAlexandra RoadIllogan£401,2504
TR16 4FHKel SkiberMerritts Hill£384,0005
TR16 4JFHarris MillRedruth£375,0003
TR16 4DFMerritts HillIllogan£352,81811
TR15 3TPHigher West TolgusRedruth£348,9905
TR16 4EWLamanva CloseIllogan£342,6663

Least Expensive Streets in Pool and Illogan

PostcodeStreetAreaAverageNo. of Sales
TR15 3PBAgar CourtFore Street, Pool£79,5559
TR15 3LZKilliers CourtRedruth£102,6254
TR15 3STBasset ApartmentsTredinnick Way£105,9163
TR16 4FQPark An LannIllogan£107,6005
TR15 3NNSt Kea HouseBreaview Park Lane£110,0003
TR15 3SNNicholl HouseBrunton Road£125,4005
TR15 3DYFore StreetPool£130,3333
TR15 3PNTrevenson RoadPool£134,0003
TR16 4SJChurchtown RoadIllogan£138,3333
TR15 3NEAgar RoadIllogan Highway£146,6333

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