Penmere Drive - TR7 1RX
Key Postcode Insights
TR7 1RX is a residential postcode situated on Penmere Drive, Newquay, TR7 with 22 addresses.
It ranks as the 419th largest and 517th 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 22 properties: 22 houses.
- Ave. Sale Price
- £420,351
- 10 Year change
- up 47.5%
- Ave. Rental Price
- £1,494pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR7 1RX is a residential postcode situated on Penmere Drive, Newquay, TR7 with 22 addresses.
It ranks as the 419th largest and 517th 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 22 properties: 22 houses.
- Ave. Sale Price
- £420,351
- 10 Year change
- up 47.5%
- Ave. Rental Price
- £1,494pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £377/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR7 1RX
- 124 Penmere Drive
4 Bed Modern House
- 126 Penmere Drive
Unknown
- 128 Penmere Drive
Unknown
- 130 Penmere Drive
Unknown
- 132 Penmere Drive
4 Bed House
Sales Market Trends
The last sale in TR7 1RX sold for £435,000 on 19th December 2023. Since then prices are down an average of 4.0%.
The current average value in the postcode is £420,351.
The TR7 1RX Sales Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £420,351 |
| June 2025 | 0.2% | £436,832 |
| June 2024 | -5.6% | £436,175 |
| June 2023 | 0.3% | £461,876 |
| June 2022 | 13.7% | £460,606 |
| June 2021 | 17.8% | £405,091 |
| June 2020 | 4.1% | £343,840 |
| June 2019 | 6% | £330,295 |
| June 2018 | 4.7% | £311,683 |
| June 2017 | 4.4% | £297,634 |
| June 2016 | 3.9% | £285,044 |
| June 2015 | 4.2% | £274,248 |
| June 2014 | 5.9% | £263,111 |
| June 2013 | -1.6% | £248,450 |
| June 2012 | -2.8% | £252,462 |
| June 2011 | -0.2% | £259,656 |
| June 2010 | 4.2% | £260,080 |
| June 2009 | -10.6% | £249,715 |
| June 2008 | 0% | £279,209 |
| June 2007 | 0% | £279,281 |
Rental Market Trends
The current average rental value in the postcode is £1,494.
The TR7 1RX Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,494pcm |
| June 2025 | 5.3% | £1,425pcm |
| June 2024 | 5.2% | £1,353pcm |
| June 2023 | 5.2% | £1,287pcm |
| June 2022 | 11.3% | £1,223pcm |
| June 2021 | 9.7% | £1,099pcm |
| June 2020 | 1.2% | £1,002pcm |
| June 2019 | 3.5% | £989pcm |
| June 2018 | 1.4% | £956pcm |
| June 2017 | 2% | £943pcm |
| June 2016 | 1% | £924pcm |
| June 2015 | 2% | £915pcm |
| June 2014 | 1.1% | £897pcm |
| June 2013 | 1.3% | £888pcm |
| June 2012 | 0.4% | £877pcm |
| June 2011 | 3.5% | £873pcm |
| June 2010 | 4.4% | £844pcm |
| June 2009 | -6.7% | £808pcm |
| June 2008 | 4.3% | £866pcm |
| June 2007 | 0% | £830pcm |
Sales History
The last sale was on 19th December 2023 for £435,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 46 sales since 1995.
TR7 1RX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£435,000 | 3 Bed House168, Penmere Drive, Newquay, TR7 1RX168, Penmere Drive, Newquay, TR7 1RX
- Sold Jun 2022£415,000 | 3 Bed House168, Penmere Drive, Newquay, TR7 1RX168, Penmere Drive, Newquay, TR7 1RX
- Sold Jan 2021£325,000 | 2 Bed House160, Penmere Drive, Newquay, TR7 1RX160, Penmere Drive, Newquay, TR7 1RX
- Sold Oct 2019£415,000 | 4 Bed House134, Penmere Drive, Newquay, TR7 1RX134, Penmere Drive, Newquay, TR7 1RX
- Sold Jan 2019£279,950 | 2 Bed House160, Penmere Drive, Newquay, TR7 1RX160, Penmere Drive, Newquay, TR7 1RX
Nearby Postcodes
TR7 1RX is the 419th largest and the 517th most expensive postcode out of the 625 postcodes in the TR7 area.
- TR7 1RY, Penmere Drive, Newquay, TR7TR7 1RY36 Addresses|56 m away
- TR7 1GS, Stret Morgan Le Fay, Newquay, TR7TR7 1GS29 Addresses|146 m away
- TR7 2AX, Holt Crescent, Newquay, TR7TR7 2AX16 Addresses|157 m away
- TR7 1GN, Bownder Ywain, Newquay, TR7TR7 1GN8 Addresses|168 m away
- TR7 1TW, Trevean Way, Newquay, TR7TR7 1TW61 Addresses|174 m away
Property Types
- 12 modern houses built after 1980
- 2 houses of an unknown age
- 8 other addresses of unknown type
- modern house (12)
- house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (3)
- No EPC (10)
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 Academy900 m away
- Newquay Junior Academy1.5 km away
- The Bishops CofE Learning Academy1.6 km away
- Newquay Tretherras2.6 km away
- Treviglas Academy3.3 km away
- Brannel School16.2 km away
More reading links
Public Transport Nearby
The closest station to TR7 1RX is Newquay station, which is 1.4 kilometres away.
- Newquay|1.4 km away
- Quintrell Downs|4.4 km away
- St Columb Road|10.8 km away
- Truro|16.2 km away
