TR16 5DA is a residential postcode situated on Wheal Rose, Scorrier, Redruth, TR16 with 37 addresses.
It ranks as the 624th largest and 488th most expensive of the 656 postcodes in the TR16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 37 houses.
TR16 5DA is a residential postcode situated on Wheal Rose, Scorrier, Redruth, TR16 with 37 addresses.
It ranks as the 624th largest and 488th most expensive of the 656 postcodes in the TR16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 37 properties: 37 houses.
Sale prices range from £260,560 for 2 bedroom freehold houses with a garden (635 ft2) to £551,053 for 4 bedroom freehold houses with a garden (1,560 ft2) .
Monthly rental prices range from £1,087 pcm for 2 bed houses to £1,630 pcm for 4 bed houses.
The gross rental yield is between 3.2% and 5.3%.
The average value per square foot is £320.
The last sale in TR16 5DA sold for £565,000 on 29th September 2025. Since then prices are down an average of 5.9%.
The current average value in the postcode is £396,462.
The TR16 5DA Sales Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £396,462 |
| April 2025 | 0.4% | £415,717 |
| April 2024 | -2.4% | £414,179 |
| April 2023 | 4.6% | £424,486 |
| April 2022 | 18.5% | £405,764 |
| April 2021 | 9.4% | £342,349 |
| April 2020 | 3.3% | £313,026 |
| April 2019 | 3.9% | £302,883 |
| April 2018 | 3.4% | £291,501 |
| April 2017 | 5.8% | £281,870 |
| April 2016 | 5.4% | £266,536 |
| April 2015 | 0.9% | £252,908 |
| April 2014 | 2.9% | £250,699 |
| April 2013 | 0.8% | £243,685 |
| April 2012 | 0.9% | £241,753 |
| April 2011 | 1.7% | £239,582 |
| April 2010 | 0.2% | £235,641 |
| April 2009 | -10.5% | £235,196 |
| April 2008 | 1.9% | £262,662 |
| April 2007 | 0% | £257,863 |
The current average rental value in the postcode is £1,445.
The TR16 5DA Rental Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,445pcm |
| April 2025 | 9.1% | £1,400pcm |
| April 2024 | 5% | £1,283pcm |
| April 2023 | 5.1% | £1,222pcm |
| April 2022 | 11.3% | £1,162pcm |
| April 2021 | 12.1% | £1,045pcm |
| April 2020 | 1.5% | £932pcm |
| April 2019 | 3.9% | £918pcm |
| April 2018 | 2.7% | £884pcm |
| April 2017 | 2% | £861pcm |
| April 2016 | 1.2% | £844pcm |
| April 2015 | 2.7% | £834pcm |
| April 2014 | 2.3% | £811pcm |
| April 2013 | 1.6% | £793pcm |
| April 2012 | 2.1% | £781pcm |
| April 2011 | 3.3% | £765pcm |
| April 2010 | 1.9% | £741pcm |
| April 2009 | -6.9% | £727pcm |
| April 2008 | 4.8% | £780pcm |
| April 2007 | 0% | £745pcm |
The last sale was on 29th September 2025 for £565,000 and since then the market in the area has decreased by 5.9%. The postcode has had a total of 42 sales since 1995.
TR16 5DA has seen 10 sales in the last three years and 1 sale in the last twelve months.
TR16 5DA is the 624th largest and the 488th most expensive postcode out of the 656 postcodes in the TR16 area.
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The closest station to TR16 5DA is Redruth station which is 3.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TR16 5DA, 55.4% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR16 5DA, 15.6% of residents are recorded as possessing school level qualifications and 33.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR16 5DA, the average age was 44.2 and the most common age was 47.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR16 5DA, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR16 5DA, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.