Busveal, Redruth - TR16 5HH
Key Postcode Insights
TR16 5HH is a residential postcode situated on Busveal, Redruth, TR16 with 12 addresses.
It ranks as the 428th largest and 405th 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 12 properties: 11 houses and 1 flat.
- Ave. Sale Price
- £340,744
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
TR16 5HH is a residential postcode situated on Busveal, Redruth, TR16 with 12 addresses.
It ranks as the 428th largest and 405th 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 12 properties: 11 houses and 1 flat.
- Ave. Sale Price
- £340,744
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,358pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin TR16 5HH
- Boundry Cottage
3 Bed Period House
- Cathedral Bungalow
4 Bed Mid-century House
- Cathedral Cottage
Unknown
- Cathedral Farm
Building  |  2 Flats
- Ridgeback Lodge
Unknown
Sales Market Trends
The last sale in TR16 5HH sold for £335,000 on 19th December 2025. Since then prices are down an average of 1.7%.
The current average value in the postcode is £340,744.
The TR16 5HH Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £340,744 |
| June 2025 | 0.4% | £353,421 |
| June 2024 | -3% | £352,100 |
| June 2023 | 3.1% | £363,008 |
| June 2022 | 15.7% | £351,977 |
| June 2021 | 11.8% | £304,221 |
| June 2020 | 3.7% | £272,122 |
| June 2019 | 3% | £262,473 |
| June 2018 | 2.3% | £254,810 |
| June 2017 | 5.6% | £248,976 |
| June 2016 | 3.6% | £235,797 |
| June 2015 | 0.4% | £227,524 |
| June 2014 | 4.2% | £226,532 |
| June 2013 | -0.6% | £217,409 |
| June 2012 | 0.2% | £218,693 |
| June 2011 | 0.5% | £218,348 |
| June 2010 | 2.6% | £217,201 |
| June 2009 | -11.1% | £211,692 |
| June 2008 | -1.5% | £238,130 |
| June 2007 | 0% | £241,653 |
Rental Market Trends
The current average rental value in the postcode is £1,358.
The TR16 5HH Rental Market has increased by 67.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,358pcm |
| June 2025 | 8.5% | £1,289pcm |
| June 2024 | 4.9% | £1,187pcm |
| June 2023 | 4.7% | £1,131pcm |
| June 2022 | 9.5% | £1,081pcm |
| June 2021 | 12.9% | £987pcm |
| June 2020 | 1.2% | £874pcm |
| June 2019 | 4% | £864pcm |
| June 2018 | 2.3% | £831pcm |
| June 2017 | 0.1% | £812pcm |
| June 2016 | 1.1% | £811pcm |
| June 2015 | 2% | £803pcm |
| June 2014 | 2.7% | £787pcm |
| June 2013 | -0.6% | £766pcm |
| June 2012 | 1.3% | £771pcm |
| June 2011 | 1.8% | £761pcm |
| June 2010 | 4.3% | £748pcm |
| June 2009 | -7.9% | £717pcm |
| June 2008 | 4.6% | £779pcm |
| June 2007 | 0% | £744pcm |
Sales History
The last sale was on 19th December 2025 for £335,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 4 sales since 1995.
TR16 5HH has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£335,000 | 3 Bed HouseBoundry Cottage, Redruth, TR16 5HHBoundry Cottage, Redruth, TR16 5HH
- Sold Nov 2024£340,000 | 3 Bed HouseMoonrakers, Redruth, TR16 5HHMoonrakers, Redruth, TR16 5HH
- Sold Oct 2023£355,000 | 3 Bed HouseSeythfold, Redruth, TR16 5HHSeythfold, Redruth, TR16 5HH
- Sold Jan 2000£104,500 | 3 Bed HouseMoonrakers, Redruth, TR16 5HHMoonrakers, Redruth, TR16 5HH
Nearby Postcodes
TR16 5HH is the 428th largest and the 405th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5HF, Busveal, Redruth, TR16TR16 5HF20 Addresses|209 m away
- TR16 5HD, Higher Ninnis, Redruth, TR16TR16 5HD12 Addresses|447 m away
- TR16 5HJ, Higher Trevethan, Redruth, TR16TR16 5HJ14 Addresses|558 m away
- TR16 5HL, Trevethan, Redruth, TR16TR16 5HL10 Addresses|587 m away
- TR16 5HG, North Carnmarth, Redruth, TR16TR16 5HG9 Addresses|605 m away
Property Types
- 5 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- period house (5)
- mid-century house (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (2)
- C (0)
- G (1)
- D (1)
- No EPC (5)
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 School1.4 km away
- Lanner Primary School1.8 km away
- Pennoweth Primary School1.9 km away
- Redruth School2.7 km away
- Pool Academy5.0 km away
- Richard Lander School7.7 km away
More reading links
Public Transport Nearby
The closest station to TR16 5HH is Redruth station, which is 1.8 kilometres away.
- Redruth|1.8 km away
- Perranwell|6.6 km away
- Camborne|7.2 km away
- Penryn (Cornwall)|9.3 km away
