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House Prices in TR16

The average house price in TR16 (Redruth) is £328,681 using HM Land Registry data.

The average property price increased by £22,118 (4.01%) over the last 5 years and increased by £4,422 (0.78%) over the last 12 months.

Over the last year, there were 167 residential property sales – a decrease of 45 transactions (-26.95%) relative to the previous year. The majority of house sales (54) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,241 (-3%).

In Aug 2026, there were 33 new estate agency instructions, 29 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in TR16 (Redruth)

4.01%

Property prices in TR16 (Redruth) increased by 4.01% 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

0.78%

Property prices in TR16 (Redruth) increased by 0.78% 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) - Aug 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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
19 Poldark Road, Redruth, TR16 4DL	£280,000	£280,000	£0	27 Feb 2026	15 Jul 2026	138 Days
18 Treseder Close, Redruth, TR16 5ES	£265,000	£260,000	-£5,000	08 Jan 2026	15 Jul 2026	188 Days
8 Bridge Row, Bridge Hill, Redruth, TR16 4QW	£289,950	£289,950	£0	22 Oct 2025	15 Jul 2026	266 Days
Tarnside, Bridge, Redruth, TR16 4QG	£300,000	£295,000	-£5,000	02 Jan 2026	10 Jul 2026	189 Days
6 Tregea Terrace, Redruth, TR16 4NG	£450,000	£437,500	-£12,500	06 Nov 2025	10 Jul 2026	246 Days
Hunters Moon, Cot Road, Redruth, TR16 4PS	£375,000	£365,000	-£10,000	02 Mar 2026	03 Jul 2026	123 Days
48 Wheal Gorland Road, Redruth, TR16 5LT	£259,950	£252,000	-£7,950	12 Dec 2025	02 Jul 2026	202 Days
5 Bosawna Close, Redruth, TR16 5LB	£229,950	£227,500	-£2,450	28 Aug 2025	30 Jun 2026	306 Days
15 Nicholas Avenue, Redruth, TR16 6QF	£260,000	£258,000	-£2,000	16 Jan 2026	26 Jun 2026	161 Days
4 Trevince Parc, Redruth, TR16 5QX	£249,950	£225,000	-£24,950	02 Dec 2025	22 Jun 2026	202 Days
8 Bridge Road, Redruth, TR16 4SA	£260,000	£244,000	-£16,000	13 Apr 2026	13 Jun 2026	61 Days
20 Treseder Close, Redruth, TR16 5ES	£289,950	£286,000	-£3,950	18 Nov 2025	12 Jun 2026	206 Days
Trelawney, Vogue, Redruth, TR16 5NP	£400,000	£390,000	-£10,000	05 Aug 2025	12 Jun 2026	311 Days
Laity Cottage, Rayle Bottoms, Redruth, TR16 4QT	£675,000	£650,000	-£25,000	16 Sep 2025	08 Jun 2026	265 Days
17 Trevarren Avenue, Four Lanes, TR16 6NH	£249,950	£210,000	-£39,950	23 Feb 2026	29 May 2026	95 Days
4 Harbour Terrace, Portreath, TR16 4LF	£240,000	£215,000	-£25,000	17 Jul 2025	29 May 2026	316 Days
6 Church Road, Redruth, TR16 6LT	£250,000	£245,000	-£5,000	10 Jun 2025	14 May 2026	338 Days
8 Borgwitha, Redruth, TR16 6QG	£275,000	£270,000	-£5,000	28 Aug 2025	08 May 2026	253 Days
27 Balcoath, St. Day, St Day, TR16 5LS	£275,000	£275,000	£0	24 Oct 2025	08 May 2026	196 Days
1 Moorview, Pennance Terrace, Redruth, TR16 5TP	£289,950	£286,000	-£3,950	25 Jul 2025	30 Apr 2026	279 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 4HT	Cambrose	Redruth	£668,666	3
TR16 5HA	Tolcarne	Redruth	£645,000	4
TR16 5FE	Gwel An Jynnji	Redruth	£626,666	3
TR16 5TU	Higher Pennance	Redruth	£626,666	3
TR16 4FT	Melyn Grove, Harris Mill	Redruth	£581,666	3
TR16 5PX	Little Beside, St Day	Redruth	£530,000	4
TR16 5EB	Goonearl, Scorrier	Redruth	£517,500	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	£143,750	4
TR16 4SF	Churchtown Road	Redruth	£152,713	5
TR16 6DW	Lanner Hill	Redruth	£165,750	4
TR16 4SH	Oxland Road, Illogan	Redruth	£170,600	5
TR16 4DG	Tregullan	Redruth	£171,666	3
TR16 6LS	Boskenna Road	Redruth	£176,714	7
TR16 6JG	Tresavean Estate	Redruth	£176,833	3