Penberthy Road - TR16 4LR
Key Postcode Insights
TR16 4LR is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 14 addresses.
It ranks as the 467th largest and 467th most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 9 houses and 5 flats.
- Ave. Sale Price
- £389,495
- 10 Year change
- up 40.2%
- Ave. Rental Price
- £1,262pcm
- 10 Year change
- up 65.5%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
TR16 4LR is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 14 addresses.
It ranks as the 467th largest and 467th most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 9 houses and 5 flats.
- Ave. Sale Price
- £389,495
- 10 Year change
- up 40.2%
- Ave. Rental Price
- £1,262pcm
- 10 Year change
- up 65.5%
- Ave. £ per ft²
- £347/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Sales Market Trends
The last sale in TR16 4LR sold for £222,500 on 27th February 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £389,495.
The TR16 4LR Sales Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £389,495 |
| June 2025 | -1.2% | £404,318 |
| June 2024 | -0.7% | £409,054 |
| June 2023 | 2.2% | £411,801 |
| June 2022 | 14.3% | £402,760 |
| June 2021 | 11.1% | £352,493 |
| June 2020 | 3.8% | £317,350 |
| June 2019 | 2.8% | £305,637 |
| June 2018 | 2.6% | £297,177 |
| June 2017 | 4.3% | £289,776 |
| June 2016 | 2.8% | £277,908 |
| June 2015 | 1.5% | £270,250 |
| June 2014 | 4.4% | £266,312 |
| June 2013 | -1.6% | £255,038 |
| June 2012 | -0.3% | £259,274 |
| June 2011 | 0.9% | £259,950 |
| June 2010 | 1.9% | £257,629 |
| June 2009 | -9.9% | £252,740 |
| June 2008 | -1.5% | £280,412 |
| June 2007 | 0% | £284,674 |
Rental Market Trends
The current average rental value in the postcode is £1,262.
The TR16 4LR Rental Market has increased by 65.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,262pcm |
| June 2025 | 7.2% | £1,204pcm |
| June 2024 | 5.7% | £1,122pcm |
| June 2023 | 4.6% | £1,062pcm |
| June 2022 | 8.8% | £1,015pcm |
| June 2021 | 13.2% | £933pcm |
| June 2020 | 1.3% | £824pcm |
| June 2019 | 4.4% | £813pcm |
| June 2018 | 2% | £779pcm |
| June 2017 | 0.2% | £764pcm |
| June 2016 | 1.5% | £762pcm |
| June 2015 | 2% | £751pcm |
| June 2014 | 2.9% | £737pcm |
| June 2013 | -1% | £716pcm |
| June 2012 | 1.3% | £723pcm |
| June 2011 | 2.7% | £714pcm |
| June 2010 | 4.1% | £695pcm |
| June 2009 | -5.8% | £668pcm |
| June 2008 | 4% | £709pcm |
| June 2007 | 0% | £682pcm |
Sales History
The last sale was on 27th February 2026 for £222,500 and since then the market in the area has increased by 0.2%. The postcode has had a total of 23 sales since 1995.
TR16 4LR has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£222,500 | 2 Bed Flat2 Penberthy Court, Penberthy Road, Redruth, TR16 4LR2 Penberthy Court, Penberthy Road, Redruth, TR16 4LR
- Sold Mar 2024£603,000 | 4 Bed HouseTrevorran, Penberthy Road, Redruth, TR16 4LRTrevorran, Penberthy Road, Redruth, TR16 4LR
- Sold May 2018£340,000 | 4 Bed HouseEscafeld, Penberthy Road, Redruth, TR16 4LREscafeld, Penberthy Road, Redruth, TR16 4LR
- Sold May 2014£247,000 | 4 Bed HouseSea View, Penberthy Road, Redruth, TR16 4LRSea View, Penberthy Road, Redruth, TR16 4LR
- Sold Mar 2014£175,000 | 3 Bed House2 Glendale Villas, Penberthy Road, Redruth, TR16 4LR2 Glendale Villas, Penberthy Road, Redruth, TR16 4LR
Nearby Postcodes
TR16 4LR is the 467th largest and the 467th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4LP, Penberthy Road, Portreath, Redruth, TR16TR16 4LP14 Addresses|41 m away
- TR16 4JZ, Glenfeadon Lane, Portreath, Redruth, TR16TR16 4JZ3 Addresses|53 m away
- TR16 4JU, Glenfeadon Terrace, Portreath, Redruth, TR16TR16 4JU7 Addresses|73 m away
- TR16 4NA, Greenfield Terrace, Portreath, Redruth, TR16TR16 4NA13 Addresses|109 m away
- TR16 4NF, Sunnyvale Close, Portreath, Redruth, TR16TR16 4NF10 Addresses|109 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 4 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- period house (1)
- modern house (1)
- modern flat (4)
- mid-century house (3)
- mid-century flat (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (2)
- C (3)
- G (0)
- D (1)
- 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 School200 m away
- Illogan School1.5 km away
- Treloweth Community Primary School3.7 km away
- Pool Academy3.7 km away
- Redruth School4.4 km away
- Camborne Science and International Academy5.5 km away
More reading links
Public Transport Nearby
The closest station to TR16 4LR is Redruth station, which is 5.2 kilometres away.
- Redruth|5.2 km away
- Camborne|5.7 km away
- Hayle|12.7 km away
- Perranwell|13.3 km away
