Penberthy Road - TR16 4LN
Key Postcode Insights
TR16 4LN is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 6 addresses.
It ranks as the 245th largest and 567th most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £528,125
- 10 Year change
- up 46.1%
- Ave. Rental Price
- £1,331pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
TR16 4LN is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 6 addresses.
It ranks as the 245th largest and 567th most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £528,125
- 10 Year change
- up 46.1%
- Ave. Rental Price
- £1,331pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin TR16 4LN
- Camberley
4 Bed Mid-century House
- Garryglass
5 Bed Modern House
- Kilkenny
Unknown
- The Gables
Unknown
- The Studio
Unknown
Sales Market Trends
The last sale in TR16 4LN sold for £790,000 on 16th April 2024. Since then prices are down an average of 3.8%.
The current average value in the postcode is £528,125.
The TR16 4LN Sales Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £528,125 |
| June 2025 | -0.9% | £552,207 |
| June 2024 | -0.8% | £557,347 |
| June 2023 | 2.2% | £561,579 |
| June 2022 | 15.7% | £549,234 |
| June 2021 | 12.6% | £474,711 |
| June 2020 | 3.5% | £421,536 |
| June 2019 | 3.5% | £407,246 |
| June 2018 | 3.4% | £393,567 |
| June 2017 | 5.3% | £380,688 |
| June 2016 | 3.5% | £361,550 |
| June 2015 | 1.4% | £349,424 |
| June 2014 | 4.1% | £344,572 |
| June 2013 | -1.2% | £331,139 |
| June 2012 | -0.2% | £335,209 |
| June 2011 | 1.8% | £336,024 |
| June 2010 | 2.9% | £330,244 |
| June 2009 | -9% | £320,935 |
| June 2008 | -1.8% | £352,525 |
| June 2007 | 0% | £358,875 |
Rental Market Trends
The current average rental value in the postcode is £1,331.
The TR16 4LN Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,331pcm |
| June 2025 | 7.5% | £1,279pcm |
| June 2024 | 5.6% | £1,190pcm |
| June 2023 | 4.6% | £1,127pcm |
| June 2022 | 10.2% | £1,077pcm |
| June 2021 | 14.7% | £978pcm |
| June 2020 | 1% | £852pcm |
| June 2019 | 5% | £843pcm |
| June 2018 | 2.8% | £803pcm |
| June 2017 | 1.2% | £781pcm |
| June 2016 | 2.1% | £772pcm |
| June 2015 | 1.9% | £756pcm |
| June 2014 | 2.6% | £742pcm |
| June 2013 | -0.6% | £723pcm |
| June 2012 | 1.3% | £727pcm |
| June 2011 | 3.6% | £718pcm |
| June 2010 | 5% | £693pcm |
| June 2009 | -4.9% | £660pcm |
| June 2008 | 3.8% | £694pcm |
| June 2007 | 0% | £669pcm |
Sales History
The last sale was on 16th April 2024 for £790,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 3 sales since 1995.
TR16 4LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£790,000 | 5 Bed HouseGarryglass, Penberthy Road, Redruth, TR16 4LNGarryglass, Penberthy Road, Redruth, TR16 4LN
- Sold Oct 2011£180,000 | 3 Bed HouseYork House, Penberthy Road, Redruth, TR16 4LNYork House, Penberthy Road, Redruth, TR16 4LN
- Sold Jul 2009£165,000 | 5 Bed HouseGarryglass, Penberthy Road, Redruth, TR16 4LNGarryglass, Penberthy Road, Redruth, TR16 4LN
Nearby Postcodes
TR16 4LN is the 245th largest and the 567th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4LA, The Square, Portreath, Redruth, TR16TR16 4LA7 Addresses|61 m away
- TR16 4JX, Glenfeadon Terrace, Portreath, Redruth, TR16TR16 4JX25 Addresses|73 m away
- TR16 4NH, Harbour Court, Portreath, Redruth, TR16TR16 4NH16 Addresses|86 m away
- TR16 4NF, Sunnyvale Close, Portreath, Redruth, TR16TR16 4NF10 Addresses|106 m away
- TR16 4JT, Glenfeadon Terrace, Portreath, Redruth, TR16TR16 4JT2 Addresses|113 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 3 other addresses of unknown type
- period house (1)
- modern house (1)
- mid-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is F.
- A (0)
- E (0)
- B (1)
- F (2)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2024£790,000 | 5 Bed HouseGarryglass, Penberthy Road, Redruth, TR16 4LNGarryglass, Penberthy Road, Redruth, TR16 4LN
- Sold Mar 2024£603,000 | 4 Bed HouseTrevorran, Penberthy Road, Redruth, TR16 4LRTrevorran, Penberthy Road, Redruth, TR16 4LR
- Sold Nov 2024£485,000 | 3 Bed House8 Bassett Terrace, Penberthy Road, Redruth, TR16 4LT8 Bassett Terrace, Penberthy Road, Redruth, TR16 4LT
Schools Nearby
- Portreath Community Primary School400 m away
- Illogan School1.7 km away
- Treloweth Community Primary School3.8 km away
- Pool Academy3.8 km away
- Redruth School4.6 km away
- Camborne Science and International Academy5.5 km away
More reading links
Public Transport Nearby
The closest station to TR16 4LN is Redruth station, which is 5.3 kilometres away.
- Redruth|5.3 km away
- Camborne|5.7 km away
- Hayle|12.6 km away
- Perranwell|13.4 km away
