Budock Vean Lane - TR11 5LQ
Key Postcode Insights
TR11 5LQ is a residential postcode situated on Budock Vean Lane, Mawnan Smith, Falmouth, TR11 with 14 addresses.
It ranks as the 560th largest of the 978 postcodes in the TR11 area.
The postcode contains a total of 14 properties: 7 houses and 7 other properties.
- Ave. Sale Price
- £1,085,550
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £1,646pcm
- 10 Year change
- up 78.9%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 1.8%/year/yr
Key Postcode Insights
TR11 5LQ is a residential postcode situated on Budock Vean Lane, Mawnan Smith, Falmouth, TR11 with 14 addresses.
It ranks as the 560th largest of the 978 postcodes in the TR11 area.
The postcode contains a total of 14 properties: 7 houses and 7 other properties.
- Ave. Sale Price
- £1,085,550
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £1,646pcm
- 10 Year change
- up 78.9%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 1.8%/year/yr
Explore Properties in TR11 5LQ
- Abbots Choice
5 Bed Mid-century House
- Fowlers Landing
5 Bed Mid-century House
- Heatherlea
4 Bed Mid-century House
- House In The Woods
House
- Karinya
House
Sales Market Trends
The last sale in TR11 5LQ sold for £1,995,000 on 30th May 2024. Since then prices are down an average of 3.9%.
The current average value in the postcode is £1,085,550.
The TR11 5LQ Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £1,085,550 |
| June 2025 | -0.4% | £1,126,002 |
| June 2024 | -0.5% | £1,130,600 |
| June 2023 | 0.3% | £1,135,943 |
| June 2022 | 13.5% | £1,132,196 |
| June 2021 | 10.8% | £997,350 |
| June 2020 | 3.3% | £900,443 |
| June 2019 | 1.5% | £871,734 |
| June 2018 | 2% | £859,265 |
| June 2017 | 5% | £842,196 |
| June 2016 | 8.1% | £802,090 |
| June 2015 | 6.2% | £741,732 |
| June 2014 | 1.6% | £698,532 |
| June 2013 | -1.3% | £687,342 |
| June 2012 | 0.6% | £696,413 |
| June 2011 | 4.6% | £692,328 |
| June 2010 | 4.1% | £662,006 |
| June 2009 | -5.1% | £635,895 |
| June 2008 | -3.1% | £669,752 |
| June 2007 | 0% | £691,335 |
Rental Market Trends
The current average rental value in the postcode is £1,646.
The TR11 5LQ Rental Market has increased by 78.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,646pcm |
| June 2025 | 5.9% | £1,589pcm |
| June 2024 | 7.8% | £1,501pcm |
| June 2023 | 2% | £1,393pcm |
| June 2022 | 12.6% | £1,365pcm |
| June 2021 | 18.2% | £1,213pcm |
| June 2020 | 2% | £1,026pcm |
| June 2019 | 1.6% | £1,006pcm |
| June 2018 | 4.2% | £990pcm |
| June 2017 | 3.3% | £951pcm |
| June 2016 | 2% | £920pcm |
| June 2015 | 1.7% | £902pcm |
| June 2014 | 3.4% | £887pcm |
| June 2013 | -1.6% | £858pcm |
| June 2012 | 0.1% | £872pcm |
| June 2011 | 5.3% | £871pcm |
| June 2010 | 6.8% | £827pcm |
| June 2009 | -4.1% | £774pcm |
| June 2008 | 1.3% | £807pcm |
| June 2007 | 0% | £797pcm |
Sales History
The last recorded sale was on 30th May 2024 for £1,995,000 and since then the market in the area has decreased by 3.9%.
TR11 5LQ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold May 2024£1,995,000 | 5 Bed HouseFowlers Landing, Budock Vean Lane, Falmouth, TR11 5LQFowlers Landing, Budock Vean Lane, Falmouth, TR11 5LQ
- Sold Sep 2023£1,200,000 | 4 Bed HouseTressa Chy, Budock Vean Lane, Falmouth, TR11 5LQTressa Chy, Budock Vean Lane, Falmouth, TR11 5LQ
- Sold May 2022£3,050,000 | 5 Bed HousePerran Cove, Budock Vean Lane, Falmouth, TR11 5LQPerran Cove, Budock Vean Lane, Falmouth, TR11 5LQ
Nearby Postcodes
TR11 5LQ is the 560th largest and the 922nd most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 5LH, Budock Vean Lane, Mawnan Smith, Falmouth, TR11TR11 5LH17 Addresses|136 m away
- TR11 5LF, Bar Road, Mawnan Smith, Falmouth, TR11TR11 5LF15 Addresses|400 m away
- TR11 5RL, Port Navas, Constantine, Falmouth, TR11TR11 5RL16 Addresses|419 m away
- TR11 5LG, Budock Vean Lane, Mawnan Smith, Falmouth, TR11TR11 5LG17 Addresses|420 m away
- TR11 5LJ, Budock Vean, Mawnan Smith, Falmouth, TR11TR11 5LJ15 Addresses|452 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (1)
- F (0)
- C (1)
- G (1)
- D (0)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold May 2022£3,050,000 | 5 Bed HousePerran Cove, Budock Vean Lane, Falmouth, TR11 5LQPerran Cove, Budock Vean Lane, Falmouth, TR11 5LQ
- Sold Jul 2022£2,500,000 | 5 Bed HouseCreek Cottage, Budock Vean Lane, Falmouth, TR11 5LHCreek Cottage, Budock Vean Lane, Falmouth, TR11 5LH
- Sold Jan 2023£2,500,000 | 5 Bed HouseBosulla, Budock Vean Lane, Falmouth, TR11 5LHBosulla, Budock Vean Lane, Falmouth, TR11 5LH
Schools Nearby
- Mawnan CofE VA Primary School2.2 km away
- Manaccan Primary School2.5 km away
- Constantine Primary School3.5 km away
- Falmouth School6.6 km away
- Penryn College6.9 km away
- Helston Community College9.8 km away
More reading links
Public Transport Nearby
The closest station to TR11 5LQ is Penmere station, which is 6.3 kilometres away.
- Penmere|6.3 km away
- Falmouth Town|7.0 km away
- Penryn (Cornwall)|7.5 km away
- Falmouth Docks|7.7 km away
