Higher Pennance - TR16 5TQ
Key Postcode Insights
TR16 5TQ is a residential postcode situated on Higher Pennance, Lanner, Redruth, TR16 with 28 addresses.
It ranks as the 594th largest and 461st most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £380,776
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
TR16 5TQ is a residential postcode situated on Higher Pennance, Lanner, Redruth, TR16 with 28 addresses.
It ranks as the 594th largest and 461st most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £380,776
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 72.3%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin TR16 5TQ
- Ashleigh
Unknown
- Berlewen
3 Bed Mid-century House
- Bolivar House
5 Bed Period House
- Carnhaven
3 Bed Mid-century House
- Cesa House
Unknown
Sales Market Trends
The last sale in TR16 5TQ sold for £375,000 on 27th September 2024. Since then prices are down an average of 3.2%.
The current average value in the postcode is £380,776.
The TR16 5TQ Sales Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £380,776 |
| June 2025 | -0.3% | £396,462 |
| June 2024 | -2.4% | £397,620 |
| June 2023 | 2.5% | £407,440 |
| June 2022 | 16.2% | £397,442 |
| June 2021 | 12.9% | £341,898 |
| June 2020 | 3.4% | £302,881 |
| June 2019 | 3.4% | £292,948 |
| June 2018 | 3.2% | £283,218 |
| June 2017 | 6.2% | £274,444 |
| June 2016 | 3.9% | £258,340 |
| June 2015 | 0.9% | £248,681 |
| June 2014 | 4.2% | £246,528 |
| June 2013 | -0.4% | £236,526 |
| June 2012 | 0% | £237,576 |
| June 2011 | 1.5% | £237,599 |
| June 2010 | 3.2% | £234,187 |
| June 2009 | -10% | £226,980 |
| June 2008 | -1.7% | £252,138 |
| June 2007 | 0% | £256,579 |
Rental Market Trends
The current average rental value in the postcode is £1,461.
The TR16 5TQ Rental Market has increased by 72.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,461pcm |
| June 2025 | 8.3% | £1,394pcm |
| June 2024 | 5.1% | £1,287pcm |
| June 2023 | 4.7% | £1,224pcm |
| June 2022 | 10.1% | £1,169pcm |
| June 2021 | 14.2% | £1,062pcm |
| June 2020 | 1.1% | £931pcm |
| June 2019 | 4.6% | £920pcm |
| June 2018 | 2.9% | £880pcm |
| June 2017 | 0.8% | £855pcm |
| June 2016 | 1.7% | £848pcm |
| June 2015 | 2.1% | £834pcm |
| June 2014 | 2.8% | £817pcm |
| June 2013 | -0.6% | £794pcm |
| June 2012 | 1.4% | £799pcm |
| June 2011 | 2.7% | £787pcm |
| June 2010 | 5.2% | £766pcm |
| June 2009 | -6.5% | £729pcm |
| June 2008 | 4.1% | £780pcm |
| June 2007 | 0% | £749pcm |
Sales History
The last sale was on 27th September 2024 for £375,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 27 sales since 1995.
TR16 5TQ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£375,000 | 3 Bed HouseChyrosen, Higher Pennance, Redruth, TR16 5TQChyrosen, Higher Pennance, Redruth, TR16 5TQ
- Sold Apr 2024£325,000 | 3 Bed HouseBerlewen, Higher Pennance, Redruth, TR16 5TQBerlewen, Higher Pennance, Redruth, TR16 5TQ
- Sold Nov 2022£380,000 | 4 Bed HouseHope Cottage, Higher Pennance, Redruth, TR16 5TQHope Cottage, Higher Pennance, Redruth, TR16 5TQ
- Sold May 2020£224,000 | 3 Bed HousePeke-Yetu, Higher Pennance, Redruth, TR16 5TQPeke-Yetu, Higher Pennance, Redruth, TR16 5TQ
- Sold Feb 2020£250,000 | 3 Bed HouseBerlewen, Higher Pennance, Redruth, TR16 5TQBerlewen, Higher Pennance, Redruth, TR16 5TQ
Nearby Postcodes
TR16 5TQ is the 594th largest and the 461st most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 5TU, Higher Pennance, Lanner, Redruth, TR16TR16 5TU8 Addresses|152 m away
- TR16 5TH, Higher Pennance, Lanner, Redruth, TR16TR16 5TH16 Addresses|216 m away
- TR16 5TL, Pennance Lane, Lanner, Redruth, TR16TR16 5TL23 Addresses|232 m away
- TR16 5TR, Blackberry Close, Lanner, Redruth, TR16TR16 5TR14 Addresses|258 m away
- TR16 5TP, Pennance Terrace, Lanner, Redruth, TR16TR16 5TP17 Addresses|296 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 16 other addresses of unknown type
- period house (3)
- modern house (2)
- mid-century house (6)
- house (1)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is E.
- A (1)
- E (4)
- B (2)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (17)
Top 3 Most Expensive Sales
Schools Nearby
- Lanner Primary School500 m away
- St Day and Carharrack Community School2.2 km away
- Trewirgie Junior School2.3 km away
- Redruth School3.2 km away
- Pool Academy5.1 km away
- Camborne Science and International Academy8.0 km away
More reading links
Public Transport Nearby
The closest station to TR16 5TQ is Redruth station, which is 2.4 kilometres away.
- Redruth|2.4 km away
- Perranwell|6.3 km away
- Camborne|7.0 km away
- Penryn (Cornwall)|8.4 km away
