Greenfield Terrace - TR16 4LY
Key Postcode Insights
TR16 4LY is a residential postcode situated on Greenfield Terrace, Portreath, Redruth, TR16 with 26 addresses.
It ranks as the 582nd largest and 481st 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 26 properties: 24 houses and 2 flats.
- Ave. Sale Price
- £397,191
- 10 Year change
- up 42.0%
- Ave. Rental Price
- £1,276pcm
- 10 Year change
- up 67.6%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
TR16 4LY is a residential postcode situated on Greenfield Terrace, Portreath, Redruth, TR16 with 26 addresses.
It ranks as the 582nd largest and 481st 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 26 properties: 24 houses and 2 flats.
- Ave. Sale Price
- £397,191
- 10 Year change
- up 42.0%
- Ave. Rental Price
- £1,276pcm
- 10 Year change
- up 67.6%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin TR16 4LY
- East Park
3 Bed Mid-century House
- Sandpiper
2 Bed Mid-century Flat
- Seathrift
2 Bed Mid-century Flat
- 1A Greenfield Terrace
2 Bed Period House
- 1 Greenfield Terrace
2 Bed Period House
Sales Market Trends
The last sale in TR16 4LY sold for £375,000 on 28th November 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £397,191.
The TR16 4LY Sales Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £397,191 |
| June 2025 | -0.5% | £411,246 |
| June 2024 | -1% | £413,336 |
| June 2023 | 2.3% | £417,624 |
| June 2022 | 14.8% | £408,355 |
| June 2021 | 11.2% | £355,618 |
| June 2020 | 3.7% | £319,904 |
| June 2019 | 2.8% | £308,382 |
| June 2018 | 2.8% | £299,999 |
| June 2017 | 4.3% | £291,712 |
| June 2016 | 2.9% | £279,733 |
| June 2015 | 1.5% | £271,944 |
| June 2014 | 4.2% | £267,919 |
| June 2013 | -1.4% | £257,048 |
| June 2012 | -0.3% | £260,575 |
| June 2011 | 0.6% | £261,323 |
| June 2010 | 2.3% | £259,856 |
| June 2009 | -10.8% | £253,999 |
| June 2008 | -1.2% | £284,886 |
| June 2007 | 0% | £288,343 |
Rental Market Trends
The current average rental value in the postcode is £1,276.
The TR16 4LY Rental Market has increased by 67.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £1,276pcm |
| June 2025 | 8% | £1,214pcm |
| June 2024 | 5.3% | £1,125pcm |
| June 2023 | 4.7% | £1,069pcm |
| June 2022 | 9.4% | £1,021pcm |
| June 2021 | 13.3% | £934pcm |
| June 2020 | 1.3% | £824pcm |
| June 2019 | 4.3% | £814pcm |
| June 2018 | 2.3% | £780pcm |
| June 2017 | 0.2% | £763pcm |
| June 2016 | 1.5% | £761pcm |
| June 2015 | 2% | £750pcm |
| June 2014 | 2.8% | £735pcm |
| June 2013 | -0.7% | £716pcm |
| June 2012 | 1.2% | £721pcm |
| June 2011 | 2.4% | £712pcm |
| June 2010 | 4.4% | £696pcm |
| June 2009 | -6.8% | £666pcm |
| June 2008 | 4.4% | £715pcm |
| June 2007 | 0% | £685pcm |
Sales History
The last sale was on 28th November 2025 for £375,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 20 sales since 1995.
TR16 4LY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£375,000 | 3 Bed House19, Greenfield Terrace, Redruth, TR16 4LY19, Greenfield Terrace, Redruth, TR16 4LY
- Sold Jul 2024£305,000 | 3 Bed House21, Greenfield Terrace, Redruth, TR16 4LY21, Greenfield Terrace, Redruth, TR16 4LY
- Sold May 2023£500,000 | 4 Bed House13, Greenfield Terrace, Redruth, TR16 4LY13, Greenfield Terrace, Redruth, TR16 4LY
- Sold May 2022£256,000 | 3 Bed House19, Greenfield Terrace, Redruth, TR16 4LY19, Greenfield Terrace, Redruth, TR16 4LY
- Sold May 2022£306,000 | 3 Bed House19, Greenfield Terrace, Redruth, TR16 4LY19, Greenfield Terrace, Redruth, TR16 4LY
Nearby Postcodes
TR16 4LY is the 582nd largest and the 481st most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4NA, Greenfield Terrace, Portreath, Redruth, TR16TR16 4NA13 Addresses|27 m away
- TR16 4LS, Penberthy Road, Portreath, Redruth, TR16TR16 4LS11 Addresses|63 m away
- TR16 4LT, Penberthy Road, Portreath, Redruth, TR16TR16 4LT9 Addresses|107 m away
- TR16 4LP, Penberthy Road, Portreath, Redruth, TR16TR16 4LP14 Addresses|112 m away
- TR16 4LR, Penberthy Road, Portreath, Redruth, TR16TR16 4LR14 Addresses|115 m away
Property Types
- 16 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- period house (16)
- modern house (1)
- mid-century house (1)
- mid-century flat (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (4)
- C (2)
- G (1)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2020£555,000 | 4 Bed House15, Greenfield Terrace, Redruth, TR16 4LY15, Greenfield Terrace, Redruth, TR16 4LY
- Sold May 2023£500,000 | 4 Bed House13, Greenfield Terrace, Redruth, TR16 4LY13, Greenfield Terrace, Redruth, TR16 4LY
- Sold Nov 2025£375,000 | 3 Bed House19, Greenfield Terrace, Redruth, TR16 4LY19, Greenfield Terrace, Redruth, TR16 4LY
Schools Nearby
- Portreath Community Primary School200 m away
- Illogan School1.6 km away
- Treloweth Community Primary School3.7 km away
- Pool Academy3.8 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 4LY is Redruth station, which is 5.2 kilometres away.
- Redruth|5.2 km away
- Camborne|5.7 km away
- Hayle|12.8 km away
- Perranwell|13.2 km away