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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
TR16 6LUHouse Prices / South West, Cornwall, The Lane
Last updated May 2026
Key Postcode Insights
TR16 6LU is a residential postcode situated on The Lane, Pencoys, Four Lanes, Redruth, TR16 with 7 addresses.
It ranks as the 309th largest and 85th most expensive of the 656 postcodes in the TR16 area.
The postcode contains a total of 7 properties: 6 houses and 1 flat.
7
Properties
- Houses
- Flats
Key Postcode Insights
TR16 6LU is a residential postcode situated on The Lane, Pencoys, Four Lanes, Redruth, TR16 with 7 addresses.
It ranks as the 309th largest and 85th most expensive of the 656 postcodes in the TR16 area.
The postcode contains a total of 7 properties: 6 houses and 1 flat.
7
Properties
- Houses
- Flats
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House Pricesin TR16 6LU
Sale prices range from £134,103 for 1 bedroom Leasehold flats (355 ft2) to £301,087 for 3 bedroom freehold houses with a garden (1,054 ft2) .
Monthly rental prices range from £814 pcm for 1 bed flats to £1,262 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 7.3%.
The average value per square foot is £285.
Average Sale Value
£206,882
Average Rental Value
£1,061 pcm
Average Rental Yield
6.2% /year
Average Value Per Sqft
£285 /ft2
Sales Market Trendsin TR16 6LU
The last sale in TR16 6LU sold for £197,500 on 9th October 2020. Since then prices are up an average of 21.1%.
The current average value in the postcode is £206,882.
The TR16 6LU Sales Market has increased by 40.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £206,882 |
| April 2025 | 1.2% | £213,610 |
| April 2024 | -2% | £211,145 |
| April 2023 | 3.8% | £215,548 |
| April 2022 | 16.2% | £207,630 |
| April 2021 | 7.7% | £178,621 |
| April 2020 | 3.6% | £165,842 |
| April 2019 | 1.6% | £160,101 |
| April 2018 | 3.3% | £157,639 |
| April 2017 | 3.3% | £152,602 |
| April 2016 | 3.1% | £147,672 |
| April 2015 | 1.2% | £143,241 |
| April 2014 | 3.4% | £141,573 |
| April 2013 | -1.2% | £136,960 |
| April 2012 | -0.7% | £138,565 |
| April 2011 | -0.4% | £139,534 |
| April 2010 | 0.2% | £140,055 |
| April 2009 | -12.4% | £139,789 |
| April 2008 | 2.6% | £159,541 |
| April 2007 | 0% | £155,553 |
Rental Market Trendsin TR16 6LU
The current average rental value in the postcode is £1,061.
The TR16 6LU Rental Market has increased by 66.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.8% | £1,061pcm |
| April 2025 | 10.6% | £1,013pcm |
| April 2024 | 4.1% | £916pcm |
| April 2023 | 5.2% | £879pcm |
| April 2022 | 9.8% | £836pcm |
| April 2021 | 11.2% | £761pcm |
| April 2020 | 1.9% | £684pcm |
| April 2019 | 2.4% | £672pcm |
| April 2018 | 2.1% | £656pcm |
| April 2017 | 0.8% | £643pcm |
| April 2016 | 0% | £637pcm |
| April 2015 | 2.5% | £638pcm |
| April 2014 | 2.2% | £622pcm |
| April 2013 | 0% | £609pcm |
| April 2012 | 1% | £608pcm |
| April 2011 | 1.9% | £602pcm |
| April 2010 | 1.6% | £591pcm |
| April 2009 | -7.9% | £582pcm |
| April 2008 | 5.3% | £632pcm |
| April 2007 | 0% | £600pcm |
Properties and Buildingsin TR16 6LU, The Lane, Pencoys, Four Lanes, Redruth, TR16
Sales Historyin TR16 6LU
The last sale was on 9th October 2020 for £197,500 and since then the market in the area has increased by 21.1%. The postcode has had a total of 5 sales since 1995.
TR16 6LU has seen no sales in the last three years and no sales in the last twelve months.
Sold Oct 2020£197,500 | 3 Bed HouseThe Lane1 Opies Row, The Lane, Redruth, TR16 6LU
Sold Feb 2008£149,950 | 3 Bed HouseThe Lane1 Opies Row, The Lane, Redruth, TR16 6LU
Sold Oct 1999£48,000 | 3 Bed HouseThe Lane1 Opies Row, The Lane, Redruth, TR16 6LU
Sold Jun 1998£37,500 | 3 Bed HouseThe Lane1 Opies Row, The Lane, Redruth, TR16 6LU
Sold Mar 1995£47,750 | 3 Bed HouseThe Lane4 Opies Row, The Lane, Redruth, TR16 6LU
Nearby Postcodesto TR16 6LU
TR16 6LU is the 309th largest and the 85th most expensive postcode out of the 656 postcodes in the TR16 area.
- 63 mTR16 6LY, Pencoys, Four Lanes, Redruth, TR16TR16 6LY12 Addresses
- 63 mTR16 6LT, Church Road, Four Lanes, Redruth, TR16TR16 6LT8 Addresses
- 108 mTR16 6FA, Church Road, Four Lanes, Redruth, TR16TR16 6FA6 Addresses
- 143 mTR16 6LZ, Pencoys, Four Lanes, Redruth, TR16TR16 6LZ4 Addresses
- 166 mTR16 6LR, Pencoys, Four Lanes, Redruth, TR16TR16 6LR13 Addresses
- 291 mTR16 6LN, Little Gregwartha, Four Lanes, Redruth, TR16TR16 6LN26 Addresses
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Property Typesin TR16 6LU
- 7 other addresses of unknown type
- Unknown (7)
Energy Efficiencyof properties in TR16 6LU
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (4)
Schools Nearbyto TR16 6LU
The nearest primary school to TR16 6LU is Pencoys Primary School which is 763 metres away.
- 763mPencoys Primary School
- 2.4kmTroon Community Primary School
- 3.6kmLanner Primary School
The nearest secondary school is Pool Academy which is 4.0 kilometres away.
- 4.0kmPool Academy
- 4.0kmRedruth School
- 5.3kmCamborne Science and International Academy
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Public Transport Nearbyto TR16 6LU
The closest station to TR16 6LU is Redruth station which is 4.1 kilometres away.
- 4.1kmRedruth
- 4.2kmCamborne
- 9.5kmPerranwell
- 9.8kmPenryn (Cornwall)
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