Penmere Drive - TR7 1NG
Key Postcode Insights
TR7 1NG is a residential postcode situated on Penmere Drive, Newquay, TR7 with 35 addresses.
It ranks as the 527th largest and 548th most expensive of the 625 postcodes in the TR7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £470,307
- 10 Year change
- up 48.1%
- Ave. Rental Price
- £1,590pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
TR7 1NG is a residential postcode situated on Penmere Drive, Newquay, TR7 with 35 addresses.
It ranks as the 527th largest and 548th most expensive of the 625 postcodes in the TR7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 35 properties: 35 houses.
- Ave. Sale Price
- £470,307
- 10 Year change
- up 48.1%
- Ave. Rental Price
- £1,590pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin TR7 1NG
- 60 Penmere Drive
4 Bed Modern House
- 62 Penmere Drive
Unknown
- 64 Penmere Drive
4 Bed Modern House
- 65 Penmere Drive
Unknown
- 66 Penmere Drive
4 Bed Modern House
Sales Market Trends
The last sale in TR7 1NG sold for £485,000 on 17th December 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £470,307.
The TR7 1NG Sales Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £470,307 |
| June 2025 | -0.4% | £492,009 |
| June 2024 | -5.2% | £494,100 |
| June 2023 | 0.3% | £521,441 |
| June 2022 | 13.8% | £520,097 |
| June 2021 | 18.4% | £457,064 |
| June 2020 | 4.2% | £386,126 |
| June 2019 | 6.3% | £370,485 |
| June 2018 | 4.7% | £348,623 |
| June 2017 | 4.8% | £332,912 |
| June 2016 | 4.3% | £317,531 |
| June 2015 | 3.9% | £304,307 |
| June 2014 | 5.7% | £292,818 |
| June 2013 | -1.7% | £276,929 |
| June 2012 | -3% | £281,650 |
| June 2011 | 0.6% | £290,213 |
| June 2010 | 4% | £288,343 |
| June 2009 | -9.2% | £277,159 |
| June 2008 | 0% | £305,268 |
| June 2007 | 0% | £305,351 |
Rental Market Trends
The current average rental value in the postcode is £1,590.
The TR7 1NG Rental Market has increased by 62.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,590pcm |
| June 2025 | 4.7% | £1,527pcm |
| June 2024 | 5.5% | £1,458pcm |
| June 2023 | 5.2% | £1,381pcm |
| June 2022 | 11.4% | £1,313pcm |
| June 2021 | 10.2% | £1,179pcm |
| June 2020 | 1.3% | £1,070pcm |
| June 2019 | 3.8% | £1,055pcm |
| June 2018 | 1.4% | £1,017pcm |
| June 2017 | 2.4% | £1,003pcm |
| June 2016 | 1.4% | £979pcm |
| June 2015 | 1.7% | £966pcm |
| June 2014 | 0.9% | £950pcm |
| June 2013 | 1.2% | £941pcm |
| June 2012 | 0.2% | £930pcm |
| June 2011 | 4.4% | £928pcm |
| June 2010 | 4.3% | £890pcm |
| June 2009 | -5.3% | £853pcm |
| June 2008 | 4.3% | £900pcm |
| June 2007 | 0% | £863pcm |
Sales History
The last sale was on 17th December 2025 for £485,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 77 sales since 1995.
TR7 1NG has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£485,000 | 4 Bed House98, Penmere Drive, Newquay, TR7 1NG98, Penmere Drive, Newquay, TR7 1NG
- Sold May 2025£740,000 | 5 Bed House94, Penmere Drive, Newquay, TR7 1NG94, Penmere Drive, Newquay, TR7 1NG
- Sold Feb 2025£425,000 | 4 Bed House68, Penmere Drive, Newquay, TR7 1NG68, Penmere Drive, Newquay, TR7 1NG
- Sold Apr 2023£750,000 | 5 Bed House94, Penmere Drive, Newquay, TR7 1NG94, Penmere Drive, Newquay, TR7 1NG
- Sold Mar 2023£566,000 | 4 Bed House60, Penmere Drive, Newquay, TR7 1NG60, Penmere Drive, Newquay, TR7 1NG
Nearby Postcodes
TR7 1NG is the 527th largest and the 548th most expensive postcode out of the 625 postcodes in the TR7 area.
- TR7 1TW, Trevean Way, Newquay, TR7TR7 1TW61 Addresses|88 m away
- TR7 1NS, Penmere Drive, Newquay, TR7TR7 1NS48 Addresses|109 m away
- TR7 1QQ, Penmere Drive, Newquay, TR7TR7 1QQ54 Addresses|167 m away
- TR7 1GS, Stret Morgan Le Fay, Newquay, TR7TR7 1GS29 Addresses|181 m away
- TR7 1RX, Penmere Drive, Newquay, TR7TR7 1RX22 Addresses|185 m away
Property Types
- 21 modern houses built after 1980
- 1 house of an unknown age
- 13 other addresses of unknown type
- modern house (21)
- house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (17)
- G (0)
- D (3)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Jan 2023£820,000 | 4 Bed House16, Penmere Drive, Newquay, TR7 1QQ16, Penmere Drive, Newquay, TR7 1QQ
- Sold Mar 2024£775,000 | 4 Bed House4, Penmere Drive, Newquay, TR7 1QQ4, Penmere Drive, Newquay, TR7 1QQ
- Sold Apr 2023£750,000 | 5 Bed House94, Penmere Drive, Newquay, TR7 1NG94, Penmere Drive, Newquay, TR7 1NG
Schools Nearby
- Trenance Learning Academy1.1 km away
- Newquay Junior Academy1.7 km away
- The Bishops CofE Learning Academy1.7 km away
- Newquay Tretherras2.7 km away
- Treviglas Academy3.4 km away
- Penair School16.4 km away
More reading links
Public Transport Nearby
The closest station to TR7 1NG is Newquay station, which is 1.5 kilometres away.
- Newquay|1.5 km away
- Quintrell Downs|4.6 km away
- St Columb Road|10.9 km away
- Truro|16.3 km away
