TR7 2LR is a residential postcode situated on Bay View Terrace, Newquay, TR7 with 54 addresses.
It ranks as the 596th largest and 32nd most expensive of the 625 postcodes in the TR7 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 54 properties: 9 houses and 45 flats.
TR7 2LR is a residential postcode situated on Bay View Terrace, Newquay, TR7 with 54 addresses.
It ranks as the 596th largest and 32nd most expensive of the 625 postcodes in the TR7 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 54 properties: 9 houses and 45 flats.
Sale prices range from £92,836 for 1 bedroom leasehold flats (182 ft2) to £407,261 for 5 bedroom freehold houses with a garden (1,776 ft2) .
Monthly rental prices range from £513 pcm for 1 bed flats to £1,604 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 6.8%.
The average value per square foot is £362.
The last sale in TR7 2LR sold for £450,000 on 15th August 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £165,796.
The TR7 2LR Sales Market has increased by 42.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £165,796 |
| April 2025 | 1.2% | £172,281 |
| April 2024 | -6.1% | £170,261 |
| April 2023 | 0.5% | £181,262 |
| April 2022 | 15% | £180,297 |
| April 2021 | 15.5% | £156,830 |
| April 2020 | 3.4% | £135,783 |
| April 2019 | 5.1% | £131,362 |
| April 2018 | 2.8% | £124,977 |
| April 2017 | 4.6% | £121,601 |
| April 2016 | 3% | £116,271 |
| April 2015 | 4.3% | £112,839 |
| April 2014 | 4.1% | £108,170 |
| April 2013 | -1.1% | £103,891 |
| April 2012 | -3.3% | £105,025 |
| April 2011 | -2.5% | £108,614 |
| April 2010 | 3% | £111,387 |
| April 2009 | -12.3% | £108,179 |
| April 2008 | 1.5% | £123,301 |
| April 2007 | 0% | £121,424 |
The current average rental value in the postcode is £826.
The TR7 2LR Rental Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.9% | £826pcm |
| April 2025 | 5.6% | £788pcm |
| April 2024 | 5% | £746pcm |
| April 2023 | 5.5% | £711pcm |
| April 2022 | 12.1% | £674pcm |
| April 2021 | 5.8% | £601pcm |
| April 2020 | 1.5% | £568pcm |
| April 2019 | 2.8% | £560pcm |
| April 2018 | 0% | £545pcm |
| April 2017 | 0.9% | £545pcm |
| April 2016 | 1.4% | £540pcm |
| April 2015 | 1.3% | £533pcm |
| April 2014 | 0.3% | £526pcm |
| April 2013 | 2.1% | £524pcm |
| April 2012 | 0.1% | £513pcm |
| April 2011 | 3.2% | £513pcm |
| April 2010 | 0.1% | £497pcm |
| April 2009 | -6.1% | £497pcm |
| April 2008 | 4.2% | £529pcm |
| April 2007 | 0% | £508pcm |
The last sale was on 15th August 2025 for £450,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 34 sales since 1995.
TR7 2LR has seen 5 sales in the last three years and 1 sale in the last twelve months.
TR7 2LR is the 596th largest and the 32nd most expensive postcode out of the 625 postcodes in the TR7 area.
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The closest station to TR7 2LR is Newquay station which is 400 metres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around TR7 2LR, 46.5% of property is privately rented and 23.6% is privately owned outright.
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 2LR, 14.4% of residents are recorded as possessing school level qualifications and 28.2% 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 2LR, the average age was 43 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 2LR, 0.7% 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 2LR, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.