Penmere Drive - TR7 1RY
Key Postcode Insights
TR7 1RY is a residential postcode situated on Penmere Drive, Newquay, TR7 with 36 addresses.
It ranks as the 534th largest and 516th 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 36 properties: 36 houses.
- Ave. Sale Price
- £402,172
- 10 Year change
- up 47.7%
- Ave. Rental Price
- £1,495pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
TR7 1RY is a residential postcode situated on Penmere Drive, Newquay, TR7 with 36 addresses.
It ranks as the 534th largest and 516th 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 36 properties: 36 houses.
- Ave. Sale Price
- £402,172
- 10 Year change
- up 47.7%
- Ave. Rental Price
- £1,495pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin TR7 1RY
- 167 Penmere Drive
Unknown
- 169 Penmere Drive
Unknown
- 171 Penmere Drive
2 Bed Modern House
- 173 Penmere Drive
4 Bed Modern House
- 175 Penmere Drive
3 Bed Modern House
Sales Market Trends
The last sale in TR7 1RY sold for £555,000 on 6th May 2026. Since then prices are down an average of 0.9%.
The current average value in the postcode is £402,172.
The TR7 1RY Sales Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £402,172 |
| June 2025 | -0.2% | £419,615 |
| June 2024 | -5.4% | £420,505 |
| June 2023 | 0.3% | £444,526 |
| June 2022 | 13.8% | £443,333 |
| June 2021 | 18.1% | £389,589 |
| June 2020 | 4.2% | £329,919 |
| June 2019 | 6.1% | £316,721 |
| June 2018 | 4.7% | £298,585 |
| June 2017 | 4.7% | £285,166 |
| June 2016 | 4.1% | £272,313 |
| June 2015 | 4.1% | £261,631 |
| June 2014 | 5.8% | £251,407 |
| June 2013 | -1.6% | £237,654 |
| June 2012 | -2.9% | £241,464 |
| June 2011 | 0.2% | £248,640 |
| June 2010 | 4.1% | £248,025 |
| June 2009 | -9.9% | £238,238 |
| June 2008 | -0.1% | £264,323 |
| June 2007 | 0% | £264,495 |
Rental Market Trends
The current average rental value in the postcode is £1,495.
The TR7 1RY Rental Market has increased by 61.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,495pcm |
| June 2025 | 4.9% | £1,432pcm |
| June 2024 | 5.4% | £1,365pcm |
| June 2023 | 5.2% | £1,295pcm |
| June 2022 | 11.4% | £1,231pcm |
| June 2021 | 9.9% | £1,105pcm |
| June 2020 | 1.3% | £1,005pcm |
| June 2019 | 3.6% | £992pcm |
| June 2018 | 1.4% | £958pcm |
| June 2017 | 2.3% | £945pcm |
| June 2016 | 1.1% | £923pcm |
| June 2015 | 1.8% | £913pcm |
| June 2014 | 0.9% | £897pcm |
| June 2013 | 1.3% | £888pcm |
| June 2012 | 0.2% | £877pcm |
| June 2011 | 4% | £875pcm |
| June 2010 | 4.4% | £841pcm |
| June 2009 | -6% | £806pcm |
| June 2008 | 4.2% | £857pcm |
| June 2007 | 0% | £823pcm |
Sales History
The last sale was on 6th May 2026 for £555,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 93 sales since 1995.
TR7 1RY has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold May 2026£555,000 | 4 Bed House199, Penmere Drive, Newquay, TR7 1RY199, Penmere Drive, Newquay, TR7 1RY
- Sold Oct 2025£372,500 | 3 Bed House175, Penmere Drive, Newquay, TR7 1RY175, Penmere Drive, Newquay, TR7 1RY
- Sold Jul 2025£437,000 | 4 Bed House219, Penmere Drive, Newquay, TR7 1RY219, Penmere Drive, Newquay, TR7 1RY
- Sold Sep 2024£465,000 | 4 Bed House213, Penmere Drive, Newquay, TR7 1RY213, Penmere Drive, Newquay, TR7 1RY
- Sold Aug 2024£459,170 | 4 Bed House211, Penmere Drive, Newquay, TR7 1RY211, Penmere Drive, Newquay, TR7 1RY
Nearby Postcodes
TR7 1RY is the 534th largest and the 516th most expensive postcode out of the 625 postcodes in the TR7 area.
- TR7 1RX, Penmere Drive, Newquay, TR7TR7 1RX22 Addresses|56 m away
- TR7 1GS, Stret Morgan Le Fay, Newquay, TR7TR7 1GS29 Addresses|97 m away
- TR7 1GN, Bownder Ywain, Newquay, TR7TR7 1GN8 Addresses|113 m away
- TR7 1GP, Bownder Marhaus, Newquay, TR7TR7 1GP15 Addresses|124 m away
- TR7 1GL, Bownder Gareth, Newquay, TR7TR7 1GL5 Addresses|138 m away
Property Types
- 22 modern houses built after 1980
- 3 houses of an unknown age
- 11 other addresses of unknown type
- modern house (22)
- house (3)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (15)
- G (0)
- D (7)
- 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 Academy900 m away
- Newquay Junior Academy1.5 km away
- The Bishops CofE Learning Academy1.5 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 1RY is Newquay station, which is 1.3 kilometres away.
- Newquay|1.3 km away
- Quintrell Downs|4.4 km away
- St Columb Road|10.7 km away
- Truro|16.2 km away
