TR7 1LE is a residential postcode situated on Fernhill Road, Newquay, TR7 with 52 addresses.
It ranks as the 585th largest and 305th most expensive of the 625 postcodes in the TR7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 52 properties: 28 houses and 24 flats.
TR7 1LE is a residential postcode situated on Fernhill Road, Newquay, TR7 with 52 addresses.
It ranks as the 585th largest and 305th most expensive of the 625 postcodes in the TR7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 52 properties: 28 houses and 24 flats.
Sale prices range from £98,937 for 1 bedroom leasehold flats (204 ft2) to £491,699 for 5 bedroom freehold houses with a garden (1,625 ft2) .
Monthly rental prices range from £543 pcm for 1 bed flats to £1,751 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 6.8%.
The average value per square foot is £297.
The last sale in TR7 1LE sold for £199,950 on 30th October 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £253,076.
The TR7 1LE Sales Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £253,076 |
| April 2025 | 1.1% | £262,767 |
| April 2024 | -5.9% | £259,865 |
| April 2023 | 0.5% | £276,289 |
| April 2022 | 14.9% | £275,042 |
| April 2021 | 15.5% | £239,456 |
| April 2020 | 3.4% | £207,404 |
| April 2019 | 5.1% | £200,508 |
| April 2018 | 2.7% | £190,722 |
| April 2017 | 4.5% | £185,781 |
| April 2016 | 3.1% | £177,801 |
| April 2015 | 4.2% | £172,426 |
| April 2014 | 4% | £165,427 |
| April 2013 | -1.2% | £159,083 |
| April 2012 | -3.2% | £161,048 |
| April 2011 | -2.4% | £166,407 |
| April 2010 | 2.6% | £170,526 |
| April 2009 | -12% | £166,176 |
| April 2008 | 1.7% | £188,878 |
| April 2007 | 0% | £185,766 |
The current average rental value in the postcode is £1,134.
The TR7 1LE Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.9% | £1,134pcm |
| April 2025 | 5.5% | £1,081pcm |
| April 2024 | 5.2% | £1,024pcm |
| April 2023 | 5.4% | £974pcm |
| April 2022 | 12% | £924pcm |
| April 2021 | 5.8% | £825pcm |
| April 2020 | 1.5% | £780pcm |
| April 2019 | 2.8% | £768pcm |
| April 2018 | -0.1% | £748pcm |
| April 2017 | 0.8% | £749pcm |
| April 2016 | 1.4% | £743pcm |
| April 2015 | 1.2% | £732pcm |
| April 2014 | 0.2% | £723pcm |
| April 2013 | 2% | £722pcm |
| April 2012 | 0.1% | £708pcm |
| April 2011 | 3.3% | £707pcm |
| April 2010 | -0.3% | £684pcm |
| April 2009 | -5.9% | £686pcm |
| April 2008 | 4.3% | £729pcm |
| April 2007 | 0% | £699pcm |
The last sale was on 30th October 2025 for £199,950 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 65 sales since 1995.
TR7 1LE has seen 12 sales in the last three years and 1 sale in the last twelve months.
TR7 1LE is the 585th largest and the 305th most expensive postcode out of the 625 postcodes in the TR7 area.
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The closest station to TR7 1LE is Newquay station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TR7 1LE, 43.7% of property is privately rented and 27.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR7 1LE, 11.7% of residents are recorded as possessing school level qualifications and 34.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR7 1LE, the average age was 43.5 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR7 1LE, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR7 1LE, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.