Penstraze - TR4 8HY
Key Postcode Insights
TR4 8HY is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 2 addresses.
It ranks as the 47th largest and 476th most expensive of the 508 postcodes in the TR4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £723,211
- 10 Year change
- up 48.6%
- Ave. Rental Price
- £2,045pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
TR4 8HY is a residential postcode situated on Penstraze, Chacewater, Truro, TR4 with 2 addresses.
It ranks as the 47th largest and 476th most expensive of the 508 postcodes in the TR4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £723,211
- 10 Year change
- up 48.6%
- Ave. Rental Price
- £2,045pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Sales Market Trends
The current average value in the postcode is £723,211.
The TR4 8HY Sales Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £723,211 |
| June 2025 | 1.3% | £754,704 |
| June 2024 | -0.5% | £744,969 |
| June 2023 | 1% | £749,053 |
| June 2022 | 18.3% | £741,312 |
| June 2021 | 11.7% | £626,382 |
| June 2020 | 2.5% | £560,964 |
| June 2019 | 5.2% | £547,413 |
| June 2018 | 2.3% | £520,257 |
| June 2017 | 4.4% | £508,388 |
| June 2016 | 4.1% | £486,780 |
| June 2015 | 3.4% | £467,442 |
| June 2014 | 2.4% | £452,239 |
| June 2013 | -0.4% | £441,510 |
| June 2012 | -0.4% | £443,363 |
| June 2011 | 2.3% | £445,344 |
| June 2010 | 1.5% | £435,509 |
| June 2009 | -5.6% | £429,021 |
| June 2008 | -1.9% | £454,425 |
| June 2007 | 0% | £463,265 |
Rental Market Trends
The current average rental value in the postcode is £2,045.
The TR4 8HY Rental Market has increased by 66.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £2,045pcm |
| June 2025 | 6.4% | £1,960pcm |
| June 2024 | 5.5% | £1,842pcm |
| June 2023 | 4.9% | £1,746pcm |
| June 2022 | 10.5% | £1,664pcm |
| June 2021 | 12.2% | £1,506pcm |
| June 2020 | 1.1% | £1,342pcm |
| June 2019 | 4.5% | £1,327pcm |
| June 2018 | 1.8% | £1,269pcm |
| June 2017 | 1.5% | £1,246pcm |
| June 2016 | 1.6% | £1,228pcm |
| June 2015 | 2.2% | £1,209pcm |
| June 2014 | 1.8% | £1,183pcm |
| June 2013 | 0.2% | £1,162pcm |
| June 2012 | 0.8% | £1,159pcm |
| June 2011 | 3.9% | £1,150pcm |
| June 2010 | 4.6% | £1,107pcm |
| June 2009 | -6% | £1,058pcm |
| June 2008 | 4.1% | £1,125pcm |
| June 2007 | 0% | £1,081pcm |
Nearby Postcodes
TR4 8HY is the 47th largest and the 476th most expensive postcode out of the 508 postcodes in the TR4 area.
- TR4 8HE, Penstraze, Three Burrows, Blackwater, Truro, TR4TR4 8HE2 Addresses|186 m away
- TR4 8TR, Penstraze, Chacewater, Truro, TR4TR4 8TR1 Addresses|260 m away
- TR4 8HZ, Three Burrows, Blackwater, Truro, TR4TR4 8HZ6 Addresses|353 m away
- TR4 8PN, Penstraze, Chacewater, Truro, TR4TR4 8PN20 Addresses|357 m away
- TR4 8HX, Three Burrows, Blackwater, Truro, TR4TR4 8HX6 Addresses|378 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 other address of unknown type
- period house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold May 2025£920,000 | 4 Bed HouseWoodbury, Penstraze, Truro, TR4 8PFWoodbury, Penstraze, Truro, TR4 8PF
- Sold Mar 2022£888,000 | 5 Bed HouseHomestead, Penstraze, Truro, TR4 8PNHomestead, Penstraze, Truro, TR4 8PN
- Sold Mar 2023£690,000 | 4 Bed HouseThe Ramblers, Penstraze, Truro, TR4 8PHThe Ramblers, Penstraze, Truro, TR4 8PH
Schools Nearby
- Blackwater Community Primary School1.9 km away
- Chacewater Community Primary School2.2 km away
- Threemilestone School3.5 km away
- Richard Lander School4.1 km away
- Redruth School7.5 km away
- Penair School8.9 km away
More reading links
Public Transport Nearby
The closest station to TR4 8HY is Truro station, which is 6.5 kilometres away.
- Truro|6.5 km away
- Redruth|6.9 km away
- Perranwell|7.2 km away
- Penryn (Cornwall)|12.1 km away