Cornwall Business Park West - TR16 5FG
Key Postcode Insights
TR16 5FG is a residential postcode situated on Cornwall Business Park West, Scorrier, Redruth, TR16 with 12 addresses.
It ranks as the 426th largest and 40th most expensive of the 657 postcodes in the TR16 area.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £188,623
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 53.2%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
TR16 5FG is a residential postcode situated on Cornwall Business Park West, Scorrier, Redruth, TR16 with 12 addresses.
It ranks as the 426th largest and 40th most expensive of the 657 postcodes in the TR16 area.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £188,623
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 53.2%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin TR16 5FG
- M J L Court
Building | 2 Flats
Sales Market Trends
The last sale in TR16 5FG sold for £730,875 on 15th September 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £188,623.
The TR16 5FG Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £188,623 |
| June 2025 | -1.1% | £193,818 |
| June 2024 | -2.1% | £196,058 |
| June 2023 | 2.9% | £200,174 |
| June 2022 | 12.7% | £194,615 |
| June 2021 | 9.3% | £172,640 |
| June 2020 | 4.2% | £157,906 |
| June 2019 | 2.4% | £151,497 |
| June 2018 | 0.4% | £147,886 |
| June 2017 | 3.8% | £147,365 |
| June 2016 | 3.3% | £141,986 |
| June 2015 | 0.6% | £137,507 |
| June 2014 | 4.4% | £136,644 |
| June 2013 | -1.4% | £130,892 |
| June 2012 | -0.3% | £132,744 |
| June 2011 | 0% | £133,180 |
| June 2010 | 0.7% | £133,136 |
| June 2009 | -10.1% | £132,253 |
| June 2008 | -1.4% | £147,186 |
| June 2007 | 0% | £149,284 |
Rental Market Trends
The current average rental value in the postcode is £887.
The TR16 5FG Rental Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.4% | £887pcm |
| June 2025 | 6.5% | £834pcm |
| June 2024 | 5.8% | £783pcm |
| June 2023 | 4.6% | £740pcm |
| June 2022 | 6.6% | £708pcm |
| June 2021 | 10.3% | £664pcm |
| June 2020 | 1.9% | £602pcm |
| June 2019 | 3.2% | £591pcm |
| June 2018 | 0.3% | £573pcm |
| June 2017 | -1.4% | £571pcm |
| June 2016 | 0.7% | £579pcm |
| June 2015 | 1.9% | £575pcm |
| June 2014 | 3% | £564pcm |
| June 2013 | -1.4% | £548pcm |
| June 2012 | 0.8% | £555pcm |
| June 2011 | 1.3% | £551pcm |
| June 2010 | 2.6% | £544pcm |
| June 2009 | -7.4% | £530pcm |
| June 2008 | 4.7% | £573pcm |
| June 2007 | 0% | £547pcm |
Sales History
The last sale was on 15th September 2021 for £730,875 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
TR16 5FG has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR16 5FG is the 426th largest and the 40th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5EZ, Cornwall Business Park West, Scorrier, Redruth, TR16TR16 5EZ6 Addresses|115 m away
- TR16 5BD, Scorrier, Redruth, TR16TR16 5BD7 Addresses|159 m away
- TR16 5BN, Scorrier, Redruth, TR16TR16 5BN1 Addresses|183 m away
- TR16 5BP, Scoria Close, Scorrier, Redruth, TR16TR16 5BP8 Addresses|200 m away
- TR16 5BS, Scorrier, Redruth, TR16TR16 5BS13 Addresses|238 m away
Property Types
- 12 other addresses of unknown type
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (12)
Schools Nearby
- Blackwater Community Primary School1.9 km away
- Treleigh Community Primary School2.1 km away
- St Day and Carharrack Community School2.4 km away
- Redruth School4.0 km away
- Pool Academy6.3 km away
- Richard Lander School6.5 km away
More reading links
Public Transport Nearby
The closest station to TR16 5FG is Redruth station, which is 3.4 kilometres away.
- Redruth|3.4 km away
- Perranwell|7.3 km away
- Camborne|8.9 km away
- Truro|9.2 km away