Wheal Rose - TR16 5BX
Key Postcode Insights
TR16 5BX is a residential postcode situated on Wheal Rose, Scorrier, Redruth, TR16 with 14 addresses.
It ranks as the 471st largest and 553rd most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £461,231
- 10 Year change
- up 49.0%
- Ave. Rental Price
- £1,529pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
TR16 5BX is a residential postcode situated on Wheal Rose, Scorrier, Redruth, TR16 with 14 addresses.
It ranks as the 471st largest and 553rd most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £461,231
- 10 Year change
- up 49.0%
- Ave. Rental Price
- £1,529pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin TR16 5BX
- 1 Tinners Mews Wheal Rose
4 Bed Modern House
- 2 Tinners Mews Wheal Rose
4 Bed Modern House
- 3 Tinners Mews Wheal Rose
3 Bed Modern House
- 4 Tinners Mews Wheal Rose
4 Bed Modern House
- Erzanmine
4 Bed Modern House
Sales Market Trends
The last sale in TR16 5BX sold for £510,000 on 22nd November 2024. Since then prices are down an average of 3.7%.
The current average value in the postcode is £461,231.
The TR16 5BX Sales Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -5% | £461,231 |
| June 2025 | -0.6% | £485,288 |
| June 2024 | -2% | £488,144 |
| June 2023 | 2.9% | £498,223 |
| June 2022 | 16.5% | £484,081 |
| June 2021 | 13.7% | £415,681 |
| June 2020 | 3.4% | £365,662 |
| June 2019 | 4.3% | £353,662 |
| June 2018 | 2.8% | £339,204 |
| June 2017 | 6.6% | £330,007 |
| June 2016 | 4.7% | £309,609 |
| June 2015 | 0.6% | £295,630 |
| June 2014 | 3.9% | £293,893 |
| June 2013 | -0.6% | £282,783 |
| June 2012 | 0% | £284,576 |
| June 2011 | 2.6% | £284,511 |
| June 2010 | 3% | £277,413 |
| June 2009 | -7.5% | £269,364 |
| June 2008 | -2.3% | £291,161 |
| June 2007 | 0% | £298,019 |
Rental Market Trends
The current average rental value in the postcode is £1,529.
The TR16 5BX Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,529pcm |
| June 2025 | 7.3% | £1,472pcm |
| June 2024 | 5.7% | £1,372pcm |
| June 2023 | 4.6% | £1,298pcm |
| June 2022 | 10.2% | £1,241pcm |
| June 2021 | 14.8% | £1,126pcm |
| June 2020 | 1% | £981pcm |
| June 2019 | 5.1% | £971pcm |
| June 2018 | 2.7% | £924pcm |
| June 2017 | 1.3% | £899pcm |
| June 2016 | 2.2% | £888pcm |
| June 2015 | 1.9% | £868pcm |
| June 2014 | 2.5% | £852pcm |
| June 2013 | -0.6% | £832pcm |
| June 2012 | 1.2% | £837pcm |
| June 2011 | 3.9% | £826pcm |
| June 2010 | 5% | £796pcm |
| June 2009 | -4.5% | £758pcm |
| June 2008 | 3.7% | £793pcm |
| June 2007 | 0% | £765pcm |
Sales History
The last sale was on 22nd November 2024 for £510,000 and since then the market in the area has decreased by 3.7%. The postcode has had a total of 13 sales since 1995.
TR16 5BX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£510,000 | 4 Bed House2 Tinners Mews, Wheal Rose, Redruth, TR16 5BX2 Tinners Mews, Wheal Rose, Redruth, TR16 5BX
- Sold Jun 2021£425,000 | 4 Bed House1 Tinners Mews, Wheal Rose, Redruth, TR16 5BX1 Tinners Mews, Wheal Rose, Redruth, TR16 5BX
- Sold Nov 2020£57,000 | 4 Bed HouseErzanmine, Wheal Rose, Redruth, TR16 5BXErzanmine, Wheal Rose, Redruth, TR16 5BX
- Sold Oct 2020£360,000 | 4 Bed House2 Tinners Mews, Wheal Rose, Redruth, TR16 5BX2 Tinners Mews, Wheal Rose, Redruth, TR16 5BX
- Sold Oct 2020£330,000 | 3 Bed House3 Tinners Mews, Wheal Rose, Redruth, TR16 5BX3 Tinners Mews, Wheal Rose, Redruth, TR16 5BX
Nearby Postcodes
TR16 5BX is the 471st largest and the 553rd most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5BT, North Downs, Scorrier, Redruth, TR16TR16 5BT11 Addresses|209 m away
- TR16 5DA, Wheal Rose, Scorrier, Redruth, TR16TR16 5DA37 Addresses|256 m away
- TR16 5BN, Scorrier, Redruth, TR16TR16 5BN1 Addresses|259 m away
- TR16 5ED, Wheal Rose, Scorrier, Redruth, TR16TR16 5ED7 Addresses|269 m away
- TR16 5FG, Cornwall Business Park West, Scorrier, Redruth, TR16TR16 5FG12 Addresses|325 m away
Property Types
- 7 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- modern house (7)
- mid-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (6)
- F (1)
- C (1)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2025£720,000 | 4 Bed HouseThe Abbotts, Wheal Rose, Redruth, TR16 5EDThe Abbotts, Wheal Rose, Redruth, TR16 5ED
- Sold Dec 2022£695,000 | 4 Bed House2 Gwel An Jynnji, Wheal Rose, Redruth, TR16 5FE2 Gwel An Jynnji, Wheal Rose, Redruth, TR16 5FE
- Sold Aug 2018£625,000 | 4 Bed HousePenlaurel House, Wheal Rose, Redruth, TR16 5DHPenlaurel House, Wheal Rose, Redruth, TR16 5DH
Schools Nearby
- Blackwater Community Primary School1.9 km away
- Treleigh Community Primary School2.0 km away
- St Day and Carharrack Community School2.6 km away
- Redruth School3.9 km away
- Pool Academy6.1 km away
- Richard Lander School6.7 km away
More reading links
Public Transport Nearby
The closest station to TR16 5BX is Redruth station, which is 3.3 kilometres away.
- Redruth|3.3 km away
- Perranwell|7.6 km away
- Camborne|8.8 km away
- Truro|9.5 km away
