Penberthy Road - TR16 4LS
Key Postcode Insights
TR16 4LS is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 11 addresses.
It ranks as the 395th largest and 121st most expensive of the 657 postcodes in the TR16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 11 properties: 4 houses and 7 flats.
- Ave. Sale Price
- £274,534
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,036pcm
- 10 Year change
- up 64.5%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
TR16 4LS is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 11 addresses.
It ranks as the 395th largest and 121st most expensive of the 657 postcodes in the TR16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 11 properties: 4 houses and 7 flats.
- Ave. Sale Price
- £274,534
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,036pcm
- 10 Year change
- up 64.5%
- Ave. £ per ft²
- £375/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin TR16 4LS
- 1 Pendeen Penberthy Road
Unknown
- 2 Pendeen Penberthy Road
Unknown
- Greenfield Villas
Building | 4 Flats
- Kimberley
Unknown
- Lamorna Flats
Building | 4 Flats
Sales Market Trends
The last sale in TR16 4LS sold for £225,000 on 23rd February 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £274,534.
The TR16 4LS Sales Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £274,534 |
| June 2025 | -0.9% | £283,327 |
| June 2024 | -0.8% | £286,019 |
| June 2023 | 2.3% | £288,287 |
| June 2022 | 13.9% | £281,927 |
| June 2021 | 10.5% | £247,515 |
| June 2020 | 4% | £224,034 |
| June 2019 | 2.7% | £215,327 |
| June 2018 | 2.4% | £209,640 |
| June 2017 | 3.8% | £204,660 |
| June 2016 | 2.8% | £197,097 |
| June 2015 | 1.5% | £191,747 |
| June 2014 | 4.4% | £188,824 |
| June 2013 | -1.7% | £180,860 |
| June 2012 | -0.4% | £183,968 |
| June 2011 | 0.5% | £184,663 |
| June 2010 | 1.7% | £183,752 |
| June 2009 | -10.5% | £180,659 |
| June 2008 | -1.2% | £201,871 |
| June 2007 | 0% | £204,368 |
Rental Market Trends
The current average rental value in the postcode is £1,036.
The TR16 4LS Rental Market has increased by 64.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,036pcm |
| June 2025 | 7.5% | £983pcm |
| June 2024 | 5.5% | £914pcm |
| June 2023 | 4.6% | £866pcm |
| June 2022 | 8.5% | £828pcm |
| June 2021 | 12.6% | £763pcm |
| June 2020 | 1.6% | £678pcm |
| June 2019 | 4.2% | £668pcm |
| June 2018 | 1.9% | £641pcm |
| June 2017 | -0.2% | £629pcm |
| June 2016 | 1.4% | £630pcm |
| June 2015 | 2.1% | £621pcm |
| June 2014 | 2.9% | £609pcm |
| June 2013 | -1.1% | £591pcm |
| June 2012 | 1.1% | £598pcm |
| June 2011 | 2.3% | £591pcm |
| June 2010 | 3.8% | £578pcm |
| June 2009 | -6.5% | £556pcm |
| June 2008 | 4.3% | £595pcm |
| June 2007 | 0% | £570pcm |
Sales History
The last sale was on 23rd February 2024 for £225,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 16 sales since 1995.
TR16 4LS has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£225,000 | 2 Bed Flat1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Jul 2023£168,000 | 2 Bed Flat1A Greenfield Villas, Penberthy Road, Redruth, TR16 4LS1A Greenfield Villas, Penberthy Road, Redruth, TR16 4LS
- Sold Jan 2023£250,000 | 2 Bed Flat1 Greenfield Villas, Penberthy Road, Redruth, TR16 4LS1 Greenfield Villas, Penberthy Road, Redruth, TR16 4LS
- Sold Nov 2022£240,000 | 2 Bed Flat2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Apr 2019£265,000 | 3 Bed House3 Greenfield Villas, Penberthy Road, Redruth, TR16 4LS3 Greenfield Villas, Penberthy Road, Redruth, TR16 4LS
Nearby Postcodes
TR16 4LS is the 395th largest and the 121st most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4NA, Greenfield Terrace, Portreath, Redruth, TR16TR16 4NA13 Addresses|37 m away
- TR16 4LT, Penberthy Road, Portreath, Redruth, TR16TR16 4LT9 Addresses|52 m away
- TR16 4LU, Penberthy Road, Portreath, Redruth, TR16TR16 4LU12 Addresses|60 m away
- TR16 4LY, Greenfield Terrace, Portreath, Redruth, TR16TR16 4LY26 Addresses|63 m away
- TR16 4AB, Homefield Park, Portreath, Redruth, TR16TR16 4AB17 Addresses|107 m away
Property Types
- 8 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period flat (8)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is F.
- A (0)
- E (1)
- B (0)
- F (3)
- C (0)
- G (1)
- D (2)
- No EPC (4)
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 School3.6 km away
- Pool Academy3.7 km away
- Redruth School4.4 km away
- Camborne Science and International Academy5.6 km away
More reading links
Public Transport Nearby
The closest station to TR16 4LS is Redruth station, which is 5.1 kilometres away.
- Redruth|5.1 km away
- Camborne|5.7 km away
- Hayle|12.7 km away
- Perranwell|13.2 km away
