Busveal, Redruth - TR16 5HF
Key Postcode Insights
TR16 5HF is a residential postcode situated on Busveal, Redruth, TR16 with 20 addresses.
It ranks as the 543rd largest and 525th 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 20 properties: 16 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £442,729
- 10 Year change
- up 46.7%
- Ave. Rental Price
- £1,407pcm
- 10 Year change
- up 62.6%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
TR16 5HF is a residential postcode situated on Busveal, Redruth, TR16 with 20 addresses.
It ranks as the 543rd largest and 525th 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 20 properties: 16 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £442,729
- 10 Year change
- up 46.7%
- Ave. Rental Price
- £1,407pcm
- 10 Year change
- up 62.6%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Properties in TR16 5HF
- Alder House
5 Bed Modern House
- Bramble Cottage
4 Bed Modern House
- Busveal Cottage
4 Bed Period House
- Busveal Farm
Building | 2 Flats
- Eleni
3 Bed House
Sales Market Trends
The last sale in TR16 5HF sold for £447,364 on 15th November 2024. Since then prices are down an average of 2.9%.
The current average value in the postcode is £442,729.
The TR16 5HF Sales Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.9% | £442,729 |
| July 2025 | 0.2% | £465,656 |
| July 2024 | -2.6% | £464,876 |
| July 2023 | 1.9% | £477,150 |
| July 2022 | 15.3% | £468,137 |
| July 2021 | 14.4% | £406,114 |
| July 2020 | 3.6% | £354,904 |
| July 2019 | 3.7% | £342,616 |
| July 2018 | 2.7% | £330,474 |
| July 2017 | 6.6% | £321,902 |
| July 2016 | 3.6% | £301,856 |
| July 2015 | 0.9% | £291,277 |
| July 2014 | 4.4% | £288,705 |
| July 2013 | -0.2% | £276,662 |
| July 2012 | 0.6% | £277,264 |
| July 2011 | 1.2% | £275,676 |
| July 2010 | 3.8% | £272,479 |
| July 2009 | -9.1% | £262,489 |
| July 2008 | -3.4% | £288,845 |
| July 2007 | 0% | £298,962 |
Rental Market Trends
The current average rental value in the postcode is £1,407.
The TR16 5HF Rental Market has increased by 62.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.2% | £1,407pcm |
| July 2025 | 5.6% | £1,364pcm |
| July 2024 | 4.5% | £1,291pcm |
| July 2023 | 4.7% | £1,235pcm |
| July 2022 | 12% | £1,179pcm |
| July 2021 | 10.5% | £1,053pcm |
| July 2020 | 1.9% | £953pcm |
| July 2019 | 4.2% | £935pcm |
| July 2018 | 1.9% | £898pcm |
| July 2017 | 1.8% | £881pcm |
| July 2016 | 1.7% | £866pcm |
| July 2015 | 1.5% | £851pcm |
| July 2014 | 2.8% | £839pcm |
| July 2013 | -0.1% | £816pcm |
| July 2012 | 1.1% | £816pcm |
| July 2011 | 2.8% | £808pcm |
| July 2010 | 4.8% | £785pcm |
| July 2009 | -6.8% | £750pcm |
| July 2008 | 4.1% | £804pcm |
| July 2007 | 0% | £772pcm |
Sales History
The last recorded sale was on 15th November 2024 for £447,364 and since then the market in the area has decreased by 2.9%.
TR16 5HF has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Nov 2024£447,364 | 3 Bed HouseEleni, Redruth, TR16 5HFEleni, Redruth, TR16 5HF
- Sold Oct 2024£564,000 | 4 Bed HousePrimrose Cottage, Redruth, TR16 5HFPrimrose Cottage, Redruth, TR16 5HF
- Sold Jan 2024£325,000 | 3 Bed HouseThe Thatched Cottage, Redruth, TR16 5HFThe Thatched Cottage, Redruth, TR16 5HF
Nearby Postcodes
TR16 5HF is the 543rd largest and the 525th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5HH, Busveal, Redruth, TR16TR16 5HH12 Addresses|209 m away
- TR16 5HD, Higher Ninnis, Redruth, TR16TR16 5HD12 Addresses|320 m away
- TR16 5ER, Trefula, Redruth, TR16TR16 5ER4 Addresses|467 m away
- TR16 5HB, Lower Ninnis, Redruth, TR16TR16 5HB4 Addresses|624 m away
- TR16 5HL, Trevethan, Redruth, TR16TR16 5HL10 Addresses|712 m away
Property Types
- 9 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 2 modern flats built after 1980
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (9)
- modern house (6)
- modern flat (2)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 16 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (3)
- F (4)
- C (0)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2021£605,000 | 4 Bed HouseSeven Stones, Redruth, TR16 5HFSeven Stones, Redruth, TR16 5HF
- Sold Oct 2024£564,000 | 4 Bed HousePrimrose Cottage, Redruth, TR16 5HFPrimrose Cottage, Redruth, TR16 5HF
- Sold Aug 2022£551,000 | 5 Bed HouseNetherin, Busveal Farm, Redruth, TR16 5HFNetherin, Busveal Farm, Redruth, TR16 5HF
Schools Nearby
- St Day and Carharrack Community School1.5 km away
- Pennoweth Primary School1.7 km away
- Trewirgie Junior School1.8 km away
- Redruth School2.5 km away
- Pool Academy4.8 km away
- Richard Lander School7.8 km away
More reading links
Public Transport Nearby
The closest station to TR16 5HF is Redruth station, which is 1.6 kilometres away.
- Redruth|1.6 km away
- Perranwell|6.7 km away
- Camborne|7.1 km away
- Penryn (Cornwall)|9.5 km away
