TR16 5HFHouse Prices / South West, Cornwall, Busveal, Redruth
Key Postcode Insights
TR16 5HF is a residential postcode situated on Busveal, Redruth, TR16 with 20 addresses.
It ranks as the 544th largest and 500th most expensive of the 657 postcodes in the TR16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 19 houses and 1 flat.
- Houses
- Flats
Key Postcode Insights
TR16 5HF is a residential postcode situated on Busveal, Redruth, TR16 with 20 addresses.
It ranks as the 544th largest and 500th most expensive of the 657 postcodes in the TR16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 19 houses and 1 flat.
- Houses
- Flats
House Pricesin TR16 5HF
Sale prices range from £179,550 for 2 bedroom Leasehold flats (742 ft2) to £731,597 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £876 pcm for 2 bed flats to £2,215 pcm for 4 bed houses.
The gross rental yield is between 2.9% and 6.4%.
The average value per square foot is £367.
Sales Market Trendsin TR16 5HF
The last sale in TR16 5HF sold for £447,364 on 15th November 2024. Since then prices are down an average of 1.2%.
The current average value in the postcode is £453,961.
The TR16 5HF Sales Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.2% | £453,961 |
| May 2025 | 0.6% | £469,111 |
| May 2024 | -3% | £466,455 |
| May 2023 | 4% | £480,790 |
| May 2022 | 17.2% | £462,143 |
| May 2021 | 10.8% | £394,192 |
| May 2020 | 3.4% | £355,873 |
| May 2019 | 3% | £344,134 |
| May 2018 | 2.6% | £334,188 |
| May 2017 | 6% | £325,589 |
| May 2016 | 4.8% | £307,292 |
| May 2015 | 0% | £293,197 |
| May 2014 | 3.5% | £293,225 |
| May 2013 | -1.1% | £283,203 |
| May 2012 | -0.5% | £286,370 |
| May 2011 | 2% | £287,951 |
| May 2010 | 1.7% | £282,262 |
| May 2009 | -10.2% | £277,412 |
| May 2008 | 0.1% | £308,788 |
| May 2007 | 0% | £308,437 |
Rental Market Trendsin TR16 5HF
The current average rental value in the postcode is £1,459.
The TR16 5HF Rental Market has increased by 68.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £1,459pcm |
| May 2025 | 9.2% | £1,402pcm |
| May 2024 | 5.2% | £1,284pcm |
| May 2023 | 4.8% | £1,220pcm |
| May 2022 | 10.1% | £1,165pcm |
| May 2021 | 12.5% | £1,058pcm |
| May 2020 | 1.4% | £941pcm |
| May 2019 | 4.2% | £928pcm |
| May 2018 | 2.2% | £891pcm |
| May 2017 | 0.6% | £872pcm |
| May 2016 | 1.3% | £867pcm |
| May 2015 | 2.2% | £856pcm |
| May 2014 | 2.3% | £837pcm |
| May 2013 | -0.8% | £818pcm |
| May 2012 | 1% | £824pcm |
| May 2011 | 3.1% | £816pcm |
| May 2010 | 3.6% | £792pcm |
| May 2009 | -6.3% | £765pcm |
| May 2008 | 3.6% | £816pcm |
| May 2007 | 0% | £788pcm |
Properties and Buildingsin TR16 5HF, Busveal, Redruth, TR16
- Alder House, Redruth, TR16 5HF5 bed modern house
- Bramble Cottage, Redruth, TR16 5HF4 bed modern house
- Busveal Cottage, Redruth, TR16 5HF4 bed period house
- Busveal Farm, Busveal, Redruth, TR16Building2 units
- Eleni, Redruth, TR16 5HF3 bed house
- Goldentops, Redruth, TR16 5HF3 bed period house
- Primrose Cottage, Redruth, TR16 5HF4 bed period house
- Seven Stones, Redruth, TR16 5HF
- Snuggledown, Redruth, TR16 5HF2 bed modern house
- Springridge, Redruth, TR16 5HF4 bed period house
- Springridge Lodge, Redruth, TR16 5HF3 bed modern house
- The Barn, Redruth, TR16 5HF3 bed period house
- The Copse, Redruth, TR16 5HF
- The Old Barley House, Redruth, TR16 5HF3 bed period house
- The Style, Redruth, TR16 5HF
- The Thatched Cottage, Redruth, TR16 5HF3 bed period house
- Tre'Mor, Redruth, TR16 5HF3 bed period house
- Trenarth, Redruth, TR16 5HF3 bed period house
- Wheal Hope, Redruth, TR16 5HF3 bed modern house
Sales Historyin TR16 5HF
The last sale was on 15th November 2024 for £447,364 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 16 sales since 1995.
TR16 5HF has seen 3 sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto TR16 5HF
TR16 5HF is the 544th largest and the 500th most expensive postcode out of the 657 postcodes in the TR16 area.
- 209 mTR16 5HH, Busveal, Redruth, TR16TR16 5HH12 Addresses
- 320 mTR16 5HD, Higher Ninnis, Redruth, TR16TR16 5HD12 Addresses
- 467 mTR16 5ER, Trefula, Redruth, TR16TR16 5ER4 Addresses
- 624 mTR16 5HB, Lower Ninnis, Redruth, TR16TR16 5HB4 Addresses
- 712 mTR16 5HL, Trevethan, Redruth, TR16TR16 5HL10 Addresses
- 718 mTR16 5HG, North Carnmarth, Redruth, TR16TR16 5HG9 Addresses
Property Typesin TR16 5HF
- 9 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 2 modern flats built after 1980
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (9)
- modern house (5)
- modern flat (2)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in TR16 5HF
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The dominant rating is D.
- A (0)
- E (4)
- B (3)
- F (4)
- C (0)
- G (0)
- D (4)
- No EPC (5)
Schools Nearby
- 1.5kmSt Day and Carharrack Community School
- 1.7kmPennoweth Primary School
- 1.8kmTrewirgie Junior School
- 2.5kmRedruth School
- 4.8kmPool Academy
- 7.8kmRichard Lander School
More reading links
Public Transport Nearby
The closest station to TR16 5HF is Redruth station, which is 1.6 kilometres away.
- 1.6kmRedruth
- 6.7kmPerranwell
- 7.1kmCamborne
- 9.5kmPenryn (Cornwall)