Pencoys, Four Lanes, Redruth - TR16 6LY
Key Postcode Insights
TR16 6LY is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 13 addresses.
It ranks as the 439th largest and 54th most expensive of the 657 postcodes in the TR16 area. The most common 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.
- Ave. Sale Price
- £330,661
- 10 Year change
- up 45.9%
- Ave. Rental Price
- £1,220pcm
- 10 Year change
- up 72.2%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
TR16 6LY is a residential postcode situated on Pencoys, Four Lanes, Redruth, TR16 with 13 addresses.
It ranks as the 439th largest and 54th most expensive of the 657 postcodes in the TR16 area. The most common 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.
- Ave. Sale Price
- £330,661
- 10 Year change
- up 45.9%
- Ave. Rental Price
- £1,220pcm
- 10 Year change
- up 72.2%
- Ave. £ per ft²
- £161/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin TR16 6LY
- 1 Opies Terrace Redruth
Unknown
- 2 Opies Terrace Redruth
3 Bed Early-century House
- 3 Opies Terrace Redruth
Unknown
- 4 Opies Terrace Redruth
Unknown
- Chula Vista
Unknown
Sales Market Trends
The last sale in TR16 6LY sold for £120,000 on 10th October 2019. Since then prices are up an average of 28.6%.
The current average value in the postcode is £330,661.
The TR16 6LY Sales Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £330,661 |
| June 2025 | -0.6% | £343,769 |
| June 2024 | -1.2% | £345,822 |
| June 2023 | 2.2% | £350,185 |
| June 2022 | 16% | £342,592 |
| June 2021 | 12% | £295,398 |
| June 2020 | 3.5% | £263,852 |
| June 2019 | 3% | £254,928 |
| June 2018 | 3.6% | £247,413 |
| June 2017 | 5.3% | £238,761 |
| June 2016 | 3.1% | £226,647 |
| June 2015 | 1.3% | £219,754 |
| June 2014 | 4.3% | £217,018 |
| June 2013 | -1.2% | £208,118 |
| June 2012 | -0.1% | £210,577 |
| June 2011 | 1.1% | £210,790 |
| June 2010 | 3.1% | £208,478 |
| June 2009 | -10.2% | £202,260 |
| June 2008 | -1.5% | £225,227 |
| June 2007 | 0% | £228,770 |
Rental Market Trends
The current average rental value in the postcode is £1,220.
The TR16 6LY Rental Market has increased by 72.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,220pcm |
| June 2025 | 8% | £1,166pcm |
| June 2024 | 5.2% | £1,080pcm |
| June 2023 | 4.7% | £1,027pcm |
| June 2022 | 10.2% | £981pcm |
| June 2021 | 14.3% | £890pcm |
| June 2020 | 1.1% | £779pcm |
| June 2019 | 4.6% | £771pcm |
| June 2018 | 2.9% | £737pcm |
| June 2017 | 1.1% | £716pcm |
| June 2016 | 1.6% | £709pcm |
| June 2015 | 2% | £697pcm |
| June 2014 | 2.7% | £684pcm |
| June 2013 | -0.4% | £666pcm |
| June 2012 | 1.4% | £668pcm |
| June 2011 | 2.8% | £659pcm |
| June 2010 | 5.2% | £641pcm |
| June 2009 | -6.1% | £610pcm |
| June 2008 | 3.9% | £649pcm |
| June 2007 | 0% | £625pcm |
Sales History
The last sale was on 10th October 2019 for £120,000 and since then the market in the area has increased by 28.6%. 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 6LYThe Bungalow, Redruth, TR16 6LY
- Sold Oct 2008£280,000 | 5 Bed HouseChy Pencoys, Redruth, TR16 6LYChy Pencoys, Redruth, TR16 6LY
- Sold Dec 2005£70,000 | 3 Bed House2 Opies Terrace, Redruth, TR16 6LY2 Opies Terrace, Redruth, TR16 6LY
- Sold Oct 2001£60,000 | 3 Bed HouseLinden, Redruth, TR16 6LYLinden, Redruth, TR16 6LY
- Sold Feb 1999£46,000 | 3 Bed HouseLinden, Redruth, TR16 6LYLinden, Redruth, TR16 6LY
Nearby Postcodes
TR16 6LY is the 439th largest and the 54th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 6LU, The Lane, Pencoys, Four Lanes, Redruth, TR16TR16 6LU7 Addresses|63 m away
- TR16 6LZ, Pencoys, Four Lanes, Redruth, TR16TR16 6LZ4 Addresses|83 m away
- TR16 6LT, Church Road, Four Lanes, Redruth, TR16TR16 6LT9 Addresses|85 m away
- TR16 6FA, Church Road, Four Lanes, Redruth, TR16TR16 6FA6 Addresses|107 m away
- TR16 6LR, Pencoys, Four Lanes, Redruth, TR16TR16 6LR13 Addresses|202 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (9)
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 School800 m away
- Troon Community Primary School2.4 km away
- Lanner Primary School3.6 km away
- Pool Academy3.9 km away
- Redruth School4.1 km away
- Camborne Science and International Academy5.2 km away
More reading links
Public Transport Nearby
The closest station to TR16 6LY is Redruth station, which is 4.1 kilometres away.
- Redruth|4.1 km away
- Camborne|4.1 km away
- Perranwell|9.6 km away
- Penryn (Cornwall)|9.9 km away
