Higher Pennance, Lanner, Redruth - TR16 5TH
Key Postcode Insights
TR16 5TH is a residential postcode situated on Higher Pennance, Lanner, Redruth, TR16 with 16 addresses.
It ranks as the 500th largest and 476th 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 16 properties: 15 houses and 1 flat.
- Ave. Sale Price
- £363,724
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
TR16 5TH is a residential postcode situated on Higher Pennance, Lanner, Redruth, TR16 with 16 addresses.
It ranks as the 500th largest and 476th 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 16 properties: 15 houses and 1 flat.
- Ave. Sale Price
- £363,724
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin TR16 5TH
- 2 Sunnyside Redruth
Unknown
- 3 Sunnyside Redruth
3 Bed Period House
- Belton
Building  |  2 Flats
- Carn Marth Barn
2 Bed House
- Carn Marth Lodge
Unknown
Sales Market Trends
The last sale in TR16 5TH sold for £250,000 on 4th June 2025. Since then prices are down an average of 4.1%.
The current average value in the postcode is £363,724.
The TR16 5TH Sales Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £363,724 |
| June 2025 | -0.3% | £378,708 |
| June 2024 | -2.4% | £379,815 |
| June 2023 | 2.5% | £389,195 |
| June 2022 | 16.2% | £379,644 |
| June 2021 | 12.9% | £326,588 |
| June 2020 | 3.4% | £289,318 |
| June 2019 | 3.4% | £279,830 |
| June 2018 | 3.2% | £270,535 |
| June 2017 | 6.2% | £262,154 |
| June 2016 | 3.9% | £246,771 |
| June 2015 | 0.9% | £237,545 |
| June 2014 | 4.2% | £235,489 |
| June 2013 | -0.4% | £225,934 |
| June 2012 | 0% | £226,937 |
| June 2011 | 1.5% | £226,960 |
| June 2010 | 3.2% | £223,700 |
| June 2009 | -10% | £216,815 |
| June 2008 | -1.7% | £240,847 |
| June 2007 | 0% | £245,090 |
Rental Market Trends
The current average rental value in the postcode is £1,426.
The TR16 5TH Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,426pcm |
| June 2025 | 8.3% | £1,360pcm |
| June 2024 | 5.1% | £1,256pcm |
| June 2023 | 4.7% | £1,194pcm |
| June 2022 | 10.1% | £1,141pcm |
| June 2021 | 14.2% | £1,036pcm |
| June 2020 | 1.1% | £908pcm |
| June 2019 | 4.6% | £898pcm |
| June 2018 | 2.9% | £858pcm |
| June 2017 | 0.8% | £834pcm |
| June 2016 | 1.7% | £828pcm |
| June 2015 | 2.1% | £813pcm |
| June 2014 | 2.8% | £797pcm |
| June 2013 | -0.6% | £775pcm |
| June 2012 | 1.4% | £779pcm |
| June 2011 | 2.7% | £768pcm |
| June 2010 | 5.2% | £748pcm |
| June 2009 | -6.5% | £711pcm |
| June 2008 | 4.1% | £761pcm |
| June 2007 | 0% | £731pcm |
Sales History
The last sale was on 4th June 2025 for £250,000 and since then the market in the area has decreased by 4.1%. The postcode has had a total of 17 sales since 1995.
TR16 5TH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£250,000 | 3 Bed House3 Sunnyside, Redruth, TR16 5TH3 Sunnyside, Redruth, TR16 5TH
- Sold Dec 2020£620,000 | 4 Bed HouseGrove Farm, Redruth, TR16 5THGrove Farm, Redruth, TR16 5TH
- Sold Dec 2019£100,000 | 3 Bed HouseThe Ridings, Redruth, TR16 5THThe Ridings, Redruth, TR16 5TH
- Sold Sep 2018£455,000 | 5 Bed HouseGrove House, Redruth, TR16 5THGrove House, Redruth, TR16 5TH
- Sold Jan 2018£350,000 | 3 Bed HouseFal View, Redruth, TR16 5THFal View, Redruth, TR16 5TH
Nearby Postcodes
TR16 5TH is the 500th largest and the 476th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5TU, Higher Pennance, Lanner, Redruth, TR16TR16 5TU8 Addresses|162 m away
- TR16 5TQ, Higher Pennance, Lanner, Redruth, TR16TR16 5TQ28 Addresses|216 m away
- TR16 5TJ, West Trevarth, Lanner, Redruth, TR16TR16 5TJ10 Addresses|232 m away
- TR16 5TP, Pennance Terrace, Lanner, Redruth, TR16TR16 5TP17 Addresses|369 m away
- TR16 5TS, Lower Pennance, Lanner, Redruth, TR16TR16 5TS7 Addresses|406 m away
Property Types
- 4 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- period house (4)
- mid-century house (3)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (2)
- C (0)
- G (2)
- D (0)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- Lanner Primary School600 m away
- St Day and Carharrack Community School2.0 km away
- Trewirgie Junior School2.4 km away
- Redruth School3.3 km away
- Pool Academy5.3 km away
- Richard Lander School8.0 km away
More reading links
Public Transport Nearby
The closest station to TR16 5TH is Redruth station, which is 2.5 kilometres away.
- Redruth|2.5 km away
- Perranwell|6.1 km away
- Camborne|7.2 km away
- Penryn (Cornwall)|8.3 km away
