Pencoys, Four Lanes, Redruth - TR16 6LR
Key Postcode Insights
TR16 6LR is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 17 addresses.
It ranks as the 458th largest and 186th most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 10 houses, 3 flats and 4 other properties.
- Ave. Sale Price
- £252,444
- 10 Year change
- up 41.3%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 66.8%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
TR16 6LR is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 17 addresses.
It ranks as the 458th largest and 186th most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 10 houses, 3 flats and 4 other properties.
- Ave. Sale Price
- £252,444
- 10 Year change
- up 41.3%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 66.8%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin TR16 6LR
- 3 Wood End Cottages Redruth
3 Bed Period House
- Marghty
Unknown
- Melieha
Unknown
- Oldbury
3 Bed Modern House
- Pencoys Cottage
3 Bed Period House
Sales Market Trends
The last sale in TR16 6LR sold for £200,000 on 11th November 2022. Since then prices are down an average of 2.2%.
The current average value in the postcode is £252,444.
The TR16 6LR Sales Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £252,444 |
| June 2025 | 0.2% | £261,376 |
| June 2024 | -1.4% | £260,905 |
| June 2023 | 2.1% | £264,508 |
| June 2022 | 15.1% | £258,947 |
| June 2021 | 10.8% | £225,028 |
| June 2020 | 3.7% | £203,168 |
| June 2019 | 2.5% | £195,973 |
| June 2018 | 2.9% | £191,131 |
| June 2017 | 4% | £185,758 |
| June 2016 | 2.7% | £178,599 |
| June 2015 | 1.1% | £173,976 |
| June 2014 | 4.1% | £172,043 |
| June 2013 | -1.6% | £165,217 |
| June 2012 | -0.3% | £167,881 |
| June 2011 | 0.1% | £168,361 |
| June 2010 | 1.8% | £168,234 |
| June 2009 | -11.9% | £165,265 |
| June 2008 | -0.7% | £187,669 |
| June 2007 | 0% | £189,044 |
Rental Market Trends
The current average rental value in the postcode is £1,136.
The TR16 6LR Rental Market has increased by 66.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £1,136pcm |
| June 2025 | 8.8% | £1,081pcm |
| June 2024 | 5% | £993pcm |
| June 2023 | 4.6% | £946pcm |
| June 2022 | 9.4% | £904pcm |
| June 2021 | 13% | £827pcm |
| June 2020 | 1.2% | £731pcm |
| June 2019 | 4% | £722pcm |
| June 2018 | 2.2% | £694pcm |
| June 2017 | -0.2% | £679pcm |
| June 2016 | 1.1% | £681pcm |
| June 2015 | 1.9% | £673pcm |
| June 2014 | 2.5% | £661pcm |
| June 2013 | -0.8% | £644pcm |
| June 2012 | 1.2% | £650pcm |
| June 2011 | 1.8% | £642pcm |
| June 2010 | 3.9% | £631pcm |
| June 2009 | -7.9% | £607pcm |
| June 2008 | 4.8% | £660pcm |
| June 2007 | 0% | £629pcm |
Sales History
The last sale was on 11th November 2022 for £200,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 14 sales since 1995.
TR16 6LR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£200,000 | 3 Bed House3 Wood End Cottages, Redruth, TR16 6LR3 Wood End Cottages, Redruth, TR16 6LR
- Sold Feb 2022£162,000 | 3 Bed House2 Wood End Cottages, Redruth, TR16 6LR2 Wood End Cottages, Redruth, TR16 6LR
- Sold Jun 2021£175,000 | 3 Bed House1 Wood End Cottages, Redruth, TR16 6LR1 Wood End Cottages, Redruth, TR16 6LR
- Sold Aug 2020£140,000 | 3 Bed House3 Wood End Cottages, Redruth, TR16 6LR3 Wood End Cottages, Redruth, TR16 6LR
- Sold Aug 2020£346,000 | 3 Bed HousePencoys Cottage, Redruth, TR16 6LRPencoys Cottage, Redruth, TR16 6LR
Nearby Postcodes
TR16 6LR is the 458th largest and the 186th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 6FA, Church Road, Four Lanes, Redruth, TR16TR16 6FA6 Addresses|116 m away
- TR16 6LT, Church Road, Four Lanes, Redruth, TR16TR16 6LT9 Addresses|117 m away
- TR16 6LN, Little Gregwartha, Four Lanes, Redruth, TR16TR16 6LN26 Addresses|135 m away
- TR16 6LL, Loscombe Court, Four Lanes, Redruth, TR16TR16 6LL6 Addresses|135 m away
- TR16 6LP, Loscombe Lane, Four Lanes, Redruth, TR16TR16 6LP14 Addresses|151 m away
Property Types
- 5 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 6 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (5)
- modern house (1)
- modern flat (6)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (2)
- C (1)
- G (0)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Aug 2020£346,000 | 3 Bed HousePencoys Cottage, Redruth, TR16 6LRPencoys Cottage, Redruth, TR16 6LR
- Sold Sep 2017£325,000 | 4 Bed HouseThe Vicarage, Redruth, TR16 6LRThe Vicarage, Redruth, TR16 6LR
- Sold Sep 2016£310,000 | 3 Bed HouseLancarrow Farm, Pencoys, Redruth, TR16 6LXLancarrow Farm, Pencoys, Redruth, TR16 6LX
Schools Nearby
- Pencoys Primary School600 m away
- Troon Community Primary School2.5 km away
- Trewirgie Infants' School3.5 km away
- Pool Academy3.9 km away
- Redruth School3.9 km away
- Camborne Science and International Academy5.3 km away
More reading links
Public Transport Nearby
The closest station to TR16 6LR is Redruth station, which is 3.9 kilometres away.
- Redruth|3.9 km away
- Camborne|4.2 km away
- Perranwell|9.4 km away
- Penryn (Cornwall)|9.8 km away
