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Registered Address: 2 Leman St, London E1 8FA
TR16 6LYHouse Prices / South West, Cornwall, Pencoys, Four Lanes, Redruth
Last updated May 2026
Key Postcode Insights
TR16 6LY is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 13 addresses.
It ranks as the 438th largest and 49th most expensive of the 656 postcodes in the TR16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 12 houses and 1 other property.
13
Properties
- Houses
- Other (unknown)
Key Postcode Insights
TR16 6LY is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 13 addresses.
It ranks as the 438th largest and 49th most expensive of the 656 postcodes in the TR16 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 12 houses and 1 other property.
13
Properties
- Houses
- Other (unknown)
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House Pricesin TR16 6LY
Sale prices range from £142,539 for 3 bedroom freehold houses with a garden (914 ft2) to £608,014 for 5 bedroom freehold houses with a garden (2,179 ft2) .
Monthly rental prices range from £769 pcm for 3 bed houses to £1,984 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 6.5%.
The average value per square foot is £157.
Average Sale Value
£323,130
Average Rental Value
£1,259 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£157 /ft2
Sales Market Trendsin TR16 6LY
The last sale in TR16 6LY sold for £120,000 on 10th October 2019. Since then prices are up an average of 26.1%.
The current average value in the postcode is £323,130.
The TR16 6LY Sales Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £323,130 |
| April 2025 | 0.1% | £340,924 |
| April 2024 | -1.3% | £340,584 |
| April 2023 | 3.8% | £345,135 |
| April 2022 | 17.8% | £332,634 |
| April 2021 | 8.9% | £282,299 |
| April 2020 | 3.4% | £259,148 |
| April 2019 | 2.7% | £250,597 |
| April 2018 | 3.9% | £243,902 |
| April 2017 | 4.9% | £234,701 |
| April 2016 | 4% | £223,826 |
| April 2015 | 1.5% | £215,235 |
| April 2014 | 3.6% | £212,109 |
| April 2013 | 0.9% | £204,684 |
| April 2012 | -0.3% | £202,927 |
| April 2011 | 0.8% | £203,458 |
| April 2010 | 0.5% | £201,847 |
| April 2009 | -11.6% | £200,749 |
| April 2008 | 1.7% | £227,058 |
| April 2007 | 0% | £223,240 |
Rental Market Trendsin TR16 6LY
The current average rental value in the postcode is £1,259.
The TR16 6LY Rental Market has increased by 71.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,259pcm |
| April 2025 | 9.4% | £1,228pcm |
| April 2024 | 4.9% | £1,122pcm |
| April 2023 | 5.2% | £1,070pcm |
| April 2022 | 11.3% | £1,017pcm |
| April 2021 | 12.5% | £914pcm |
| April 2020 | 1.7% | £812pcm |
| April 2019 | 3.6% | £799pcm |
| April 2018 | 2.7% | £771pcm |
| April 2017 | 2.3% | £751pcm |
| April 2016 | 0.9% | £734pcm |
| April 2015 | 2.8% | £728pcm |
| April 2014 | 2.4% | £708pcm |
| April 2013 | 2.1% | £691pcm |
| April 2012 | 1.4% | £677pcm |
| April 2011 | 3.1% | £667pcm |
| April 2010 | 1.9% | £647pcm |
| April 2009 | -7% | £635pcm |
| April 2008 | 4.4% | £683pcm |
| April 2007 | 0% | £654pcm |
Properties and Buildingsin TR16 6LY, Pencoys, Four Lanes, Redruth, TR16
- 1 Opies Terrace, Redruth, TR16 6LY
- 2 Opies Terrace, Redruth, TR16 6LY3 bed early-century house
- 3 Opies Terrace, Redruth, TR16 6LY
- 4 Opies Terrace, Redruth, TR16 6LY
- Chula Vista, Redruth, TR16 6LY
- Chy Karenza, Redruth, TR16 6LY3 bed early-century house
- Chy Pencoys, Redruth, TR16 6LY5 bed house
- Linden, Redruth, TR16 6LY
- Little Lancarrow Farm, Redruth, TR16 6LY
- Pencoys Villa, Redruth, TR16 6LY
- The Bungalow, Pencoys, Four Lanes, Redruth, TR16 building 2 units
- Windy Ridge, Redruth, TR16 6LY
Sales Historyin TR16 6LY
The last sale was on 10th October 2019 for £120,000 and since then the market in the area has increased by 26.1%. The postcode has had a total of 8 sales since 1995.
TR16 6LY has seen no sales in the last three years and no sales in the last twelve months.
Sold Oct 2019£120,000 | 3 Bed HouseThe Bungalow, Redruth, TR16 6LY
Sold Oct 2008£280,000 | 5 Bed HouseChy Pencoys, Redruth, TR16 6LY
Sold Dec 2005£70,000 | 3 Bed House2 Opies Terrace, Redruth, TR16 6LY
Sold Oct 2001£60,000 | 3 Bed HouseLinden, Redruth, TR16 6LY
Sold Feb 1999£46,000 | 3 Bed HouseLinden, Redruth, TR16 6LY
Sold Sep 1998£56,000 | 5 Bed HousePencoys Villa, Redruth, TR16 6LY
Sold Aug 1998£51,000 | 3 Bed House2 Opies Terrace, Redruth, TR16 6LY
Sold Apr 1997£40,500 | 5 Bed House1 Opies Terrace, Redruth, TR16 6LY
Nearby Postcodesto TR16 6LY
TR16 6LY is the 438th largest and the 49th most expensive postcode out of the 656 postcodes in the TR16 area.
- 63 mTR16 6LU, The Lane, Pencoys, Four Lanes, Redruth, TR16TR16 6LU7 Addresses
- 83 mTR16 6LZ, Pencoys, Four Lanes, Redruth, TR16TR16 6LZ4 Addresses
- 87 mTR16 6LT, Church Road, Four Lanes, Redruth, TR16TR16 6LT8 Addresses
- 107 mTR16 6FA, Church Road, Four Lanes, Redruth, TR16TR16 6FA6 Addresses
- 202 mTR16 6LR, Pencoys, Four Lanes, Redruth, TR16TR16 6LR13 Addresses
- 333 mTR16 6LP, Loscombe Lane, Four Lanes, Redruth, TR16TR16 6LP14 Addresses
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Property Typesin TR16 6LY
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- house (1)
- early-century house (2)
- Unknown (10)
Energy Efficiencyof properties in TR16 6LY
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (9)
Top 3 Most Expensive Saleson Pencoys, Four Lanes, Redruth
Schools Nearbyto TR16 6LY
The nearest primary school to TR16 6LY is Pencoys Primary School which is 781 metres away.
- 781mPencoys Primary School
- 2.4kmTroon Community Primary School
- 3.6kmLanner Primary School
The nearest secondary school is Pool Academy which is 3.9 kilometres away.
- 3.9kmPool Academy
- 4.1kmRedruth School
- 5.2kmCamborne Science and International Academy
More reading links
Public Transport Nearbyto TR16 6LY
The closest station to TR16 6LY is Redruth station which is 4.1 kilometres away.
- 4.1kmRedruth
- 4.1kmCamborne
- 9.6kmPerranwell
- 9.9kmPenryn (Cornwall)
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