Penberthy Road - TR16 4LP
Key Postcode Insights
TR16 4LP is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 14 addresses.
It ranks as the 466th largest and 336th most expensive of the 657 postcodes in the TR16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £315,946
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,233pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
TR16 4LP is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 14 addresses.
It ranks as the 466th largest and 336th most expensive of the 657 postcodes in the TR16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £315,946
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,233pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin TR16 4LP
- 1 Chapel Terrace Penberthy Road
3 Bed Period House
- 2 Chapel Terrace Penberthy Road
3 Bed Period House
- 3 Chapel Terrace Penberthy Road
3 Bed Period House
Sales Market Trends
The last sale in TR16 4LP sold for £342,500 on 27th February 2026. Since then prices have on average remained the same.
The current average value in the postcode is £315,946.
The TR16 4LP Sales Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £315,946 |
| June 2025 | -0.6% | £329,451 |
| June 2024 | -0.9% | £331,424 |
| June 2023 | 2.3% | £334,310 |
| June 2022 | 15.6% | £326,868 |
| June 2021 | 12.4% | £282,813 |
| June 2020 | 3.5% | £251,662 |
| June 2019 | 3.4% | £243,054 |
| June 2018 | 3.4% | £234,978 |
| June 2017 | 5% | £227,299 |
| June 2016 | 3.4% | £216,443 |
| June 2015 | 1.5% | £209,248 |
| June 2014 | 4.2% | £206,180 |
| June 2013 | -1.3% | £197,901 |
| June 2012 | -0.2% | £200,438 |
| June 2011 | 1.5% | £200,787 |
| June 2010 | 2.9% | £197,819 |
| June 2009 | -9.6% | £192,217 |
| June 2008 | -1.5% | £212,696 |
| June 2007 | 0% | £216,037 |
Rental Market Trends
The current average rental value in the postcode is £1,233.
The TR16 4LP Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,233pcm |
| June 2025 | 7.9% | £1,182pcm |
| June 2024 | 5.4% | £1,096pcm |
| June 2023 | 4.7% | £1,039pcm |
| June 2022 | 10.1% | £993pcm |
| June 2021 | 14.5% | £902pcm |
| June 2020 | 1.1% | £788pcm |
| June 2019 | 5% | £779pcm |
| June 2018 | 2.8% | £743pcm |
| June 2017 | 1% | £722pcm |
| June 2016 | 2.1% | £715pcm |
| June 2015 | 2% | £701pcm |
| June 2014 | 2.7% | £687pcm |
| June 2013 | -0.6% | £669pcm |
| June 2012 | 1.3% | £674pcm |
| June 2011 | 3.3% | £665pcm |
| June 2010 | 5.1% | £643pcm |
| June 2009 | -5.6% | £612pcm |
| June 2008 | 4% | £648pcm |
| June 2007 | 0% | £623pcm |
Sales History
The last sale was on 27th February 2026 for £342,500 and since then the market in the area has remained stable. The postcode has had a total of 22 sales since 1995.
TR16 4LP has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£342,500 | 3 Bed HouseBlake House, Penberthy Road, Redruth, TR16 4LPBlake House, Penberthy Road, Redruth, TR16 4LP
- Sold Oct 2024£225,000 | 3 Bed House1 Chapel Terrace, Penberthy Road, Redruth, TR16 4LP1 Chapel Terrace, Penberthy Road, Redruth, TR16 4LP
- Sold Feb 2024£320,000 | 3 Bed HouseRose Cottage, Penberthy Road, Redruth, TR16 4LPRose Cottage, Penberthy Road, Redruth, TR16 4LP
- Sold Oct 2022£457,500 | 4 Bed HouseFernleigh Villa, Penberthy Road, Redruth, TR16 4LPFernleigh Villa, Penberthy Road, Redruth, TR16 4LP
- Sold Sep 2021£415,000 | 3 Bed HouseRoselyn, Penberthy Road, Redruth, TR16 4LPRoselyn, Penberthy Road, Redruth, TR16 4LP
Nearby Postcodes
TR16 4LP is the 466th largest and the 336th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4LR, Penberthy Road, Portreath, Redruth, TR16TR16 4LR14 Addresses|41 m away
- TR16 4NF, Sunnyvale Close, Portreath, Redruth, TR16TR16 4NF10 Addresses|69 m away
- TR16 4JU, Glenfeadon Terrace, Portreath, Redruth, TR16TR16 4JU7 Addresses|91 m away
- TR16 4JZ, Glenfeadon Lane, Portreath, Redruth, TR16TR16 4JZ3 Addresses|93 m away
- TR16 4NE, Sunnyvale Road, Portreath, Redruth, TR16TR16 4NE29 Addresses|102 m away
Property Types
- 9 period houses built between 1800 and 1911
- 5 other addresses of unknown type
- period house (9)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (4)
- C (0)
- G (1)
- D (0)
- No EPC (5)
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 School300 m away
- Illogan School1.6 km away
- Treloweth Community Primary School3.7 km away
- Pool Academy3.7 km away
- Redruth School4.5 km away
- Camborne Science and International Academy5.5 km away
More reading links
Public Transport Nearby
The closest station to TR16 4LP is Redruth station, which is 5.2 kilometres away.
- Redruth|5.2 km away
- Camborne|5.7 km away
- Hayle|12.6 km away
- Perranwell|13.3 km away
