Penberthy Road - TR16 4LU
Key Postcode Insights
TR16 4LU is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 12 addresses.
It ranks as the 419th largest and 251st 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 12 properties: 12 houses.
- Ave. Sale Price
- £297,014
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,351pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
TR16 4LU is a residential postcode situated on Penberthy Road, Portreath, Redruth, TR16 with 12 addresses.
It ranks as the 419th largest and 251st 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 12 properties: 12 houses.
- Ave. Sale Price
- £297,014
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,351pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin TR16 4LU
- Braemar
4 Bed Mid-century House
- Catheen
3 Bed Period House
- Homestead
Unknown
- Ivor House
Unknown
- Karenza
3 Bed Mid-century House
Sales Market Trends
The last sale in TR16 4LU sold for £292,500 on 23rd July 2025. Since then prices are down an average of 4.2%.
The current average value in the postcode is £297,014.
The TR16 4LU Sales Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £297,014 |
| June 2025 | -0.6% | £309,710 |
| June 2024 | -0.9% | £311,564 |
| June 2023 | 2.3% | £314,277 |
| June 2022 | 15.6% | £307,282 |
| June 2021 | 12.4% | £265,866 |
| June 2020 | 3.5% | £236,582 |
| June 2019 | 3.4% | £228,489 |
| June 2018 | 3.4% | £220,898 |
| June 2017 | 5% | £213,679 |
| June 2016 | 3.4% | £203,473 |
| June 2015 | 1.5% | £196,710 |
| June 2014 | 4.2% | £193,825 |
| June 2013 | -1.3% | £186,042 |
| June 2012 | -0.2% | £188,427 |
| June 2011 | 1.5% | £188,756 |
| June 2010 | 2.9% | £185,965 |
| June 2009 | -9.6% | £180,699 |
| June 2008 | -1.5% | £199,951 |
| June 2007 | 0% | £203,091 |
Rental Market Trends
The current average rental value in the postcode is £1,351.
The TR16 4LU Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,351pcm |
| June 2025 | 7.9% | £1,295pcm |
| June 2024 | 5.4% | £1,200pcm |
| June 2023 | 4.7% | £1,138pcm |
| June 2022 | 10.1% | £1,088pcm |
| June 2021 | 14.5% | £988pcm |
| June 2020 | 1.1% | £863pcm |
| June 2019 | 5% | £854pcm |
| June 2018 | 2.8% | £814pcm |
| June 2017 | 1% | £791pcm |
| June 2016 | 2.1% | £784pcm |
| June 2015 | 2% | £768pcm |
| June 2014 | 2.7% | £753pcm |
| June 2013 | -0.6% | £733pcm |
| June 2012 | 1.3% | £738pcm |
| June 2011 | 3.3% | £728pcm |
| June 2010 | 5.1% | £705pcm |
| June 2009 | -5.6% | £671pcm |
| June 2008 | 4% | £710pcm |
| June 2007 | 0% | £683pcm |
Sales History
The last sale was on 23rd July 2025 for £292,500 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 13 sales since 1995.
TR16 4LU has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£292,500 | 4 Bed HouseBraemar, Penberthy Road, Redruth, TR16 4LUBraemar, Penberthy Road, Redruth, TR16 4LU
- Sold Jul 2017£250,000 | 4 Bed HouseNewstead, Penberthy Road, Redruth, TR16 4LUNewstead, Penberthy Road, Redruth, TR16 4LU
- Sold Apr 2015£237,500 | 3 Bed HouseKarenza, Penberthy Road, Redruth, TR16 4LUKarenza, Penberthy Road, Redruth, TR16 4LU
- Sold May 2013£215,000 | 3 Bed HouseKarenza, Penberthy Road, Redruth, TR16 4LUKarenza, Penberthy Road, Redruth, TR16 4LU
- Sold Mar 2007£185,500 | 4 Bed HouseNewstead, Penberthy Road, Redruth, TR16 4LUNewstead, Penberthy Road, Redruth, TR16 4LU
Nearby Postcodes
TR16 4LU is the 419th largest and the 251st most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4LT, Penberthy Road, Portreath, Redruth, TR16TR16 4LT9 Addresses|30 m away
- TR16 4LS, Penberthy Road, Portreath, Redruth, TR16TR16 4LS11 Addresses|60 m away
- TR16 4JS, Primrose Terrace, Portreath, Redruth, TR16TR16 4JS20 Addresses|75 m away
- TR16 4JR, Primrose Terrace, Portreath, Redruth, TR16TR16 4JR1 Addresses|90 m away
- TR16 4NA, Greenfield Terrace, Portreath, Redruth, TR16TR16 4NA13 Addresses|98 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- period house (6)
- mid-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is B.
- A (0)
- E (2)
- B (2)
- F (2)
- C (0)
- G (1)
- D (1)
- 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 School100 m away
- Illogan School1.4 km away
- Treloweth Community Primary School3.6 km away
- Pool Academy3.6 km away
- Redruth School4.3 km away
- Camborne Science and International Academy5.6 km away
More reading links
Public Transport Nearby
The closest station to TR16 4LU 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|13.1 km away
