Well Way - TR7 3LR
Key Postcode Insights
TR7 3LR is a residential postcode situated on Well Way, Newquay, TR7 with 34 addresses.
It ranks as the 525th largest and 527th most expensive of the 625 postcodes in the TR7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 26 houses and 8 flats.
- Ave. Sale Price
- £399,011
- 10 Year change
- up 42.0%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR7 3LR is a residential postcode situated on Well Way, Newquay, TR7 with 34 addresses.
It ranks as the 525th largest and 527th most expensive of the 625 postcodes in the TR7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 26 houses and 8 flats.
- Ave. Sale Price
- £399,011
- 10 Year change
- up 42.0%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR7 3LR
- Penhallow Court
Mid-century Building | 8 Units
- 2A Well Way
Unknown
- 2 Well Way
4 Bed Mid-century House
- 4 Well Way
4 Bed Early-century House
- 5 Well Way
4 Bed Early-century House
Sales Market Trends
The last sale in TR7 3LR sold for £400,000 on 27th March 2026. Since then prices are down an average of 1.1%.
The current average value in the postcode is £399,011.
The TR7 3LR Sales Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £399,011 |
| June 2025 | -0.8% | £415,615 |
| June 2024 | -5.2% | £419,004 |
| June 2023 | 0.4% | £442,159 |
| June 2022 | 12.9% | £440,437 |
| June 2021 | 16.7% | £390,234 |
| June 2020 | 4.8% | £334,331 |
| June 2019 | 4.6% | £319,117 |
| June 2018 | 4.9% | £305,044 |
| June 2017 | 3.5% | £290,736 |
| June 2016 | 3.7% | £280,911 |
| June 2015 | 4.1% | £270,781 |
| June 2014 | 5.3% | £260,113 |
| June 2013 | -2.3% | £246,973 |
| June 2012 | -2.4% | £252,690 |
| June 2011 | 0% | £258,981 |
| June 2010 | 2.4% | £259,066 |
| June 2009 | -9.3% | £252,927 |
| June 2008 | 0.3% | £278,878 |
| June 2007 | 0% | £278,121 |
Rental Market Trends
The current average rental value in the postcode is £1,437.
The TR7 3LR Rental Market has increased by 57.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,437pcm |
| June 2025 | 4.6% | £1,374pcm |
| June 2024 | 5.6% | £1,314pcm |
| June 2023 | 5.2% | £1,244pcm |
| June 2022 | 10.6% | £1,183pcm |
| June 2021 | 9.2% | £1,070pcm |
| June 2020 | 1.6% | £980pcm |
| June 2019 | 3.2% | £965pcm |
| June 2018 | 0.6% | £935pcm |
| June 2017 | 1.7% | £929pcm |
| June 2016 | 0.7% | £914pcm |
| June 2015 | 1.7% | £907pcm |
| June 2014 | 0.8% | £892pcm |
| June 2013 | 1% | £885pcm |
| June 2012 | 0% | £876pcm |
| June 2011 | 3.3% | £876pcm |
| June 2010 | 3.2% | £848pcm |
| June 2009 | -6.1% | £822pcm |
| June 2008 | 4.5% | £875pcm |
| June 2007 | 0% | £837pcm |
Sales History
The last sale was on 27th March 2026 for £400,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 70 sales since 1995.
TR7 3LR has seen 10 sales in the last three years and 3 sales in the last twelve months.
- Sold Mar 2026£400,000 | 3 Bed House23, Well Way, Newquay, TR7 3LR23, Well Way, Newquay, TR7 3LR
- Sold Mar 2026£608,000 | 5 Bed House16, Well Way, Newquay, TR7 3LR16, Well Way, Newquay, TR7 3LR
- Sold Jul 2025£462,500 | 4 Bed House2, Well Way, Newquay, TR7 3LR2, Well Way, Newquay, TR7 3LR
- Sold Mar 2025£390,000 | 3 Bed House13, Well Way, Newquay, TR7 3LR13, Well Way, Newquay, TR7 3LR
- Sold Oct 2024£560,000 | 4 Bed House10, Well Way, Newquay, TR7 3LR10, Well Way, Newquay, TR7 3LR
Nearby Postcodes
TR7 3LR is the 525th largest and the 527th most expensive postcode out of the 625 postcodes in the TR7 area.
- TR7 3NP, Beach Walk, Newquay, TR7TR7 3NP5 Addresses|43 m away
- TR7 3FS, The Strand, Porth, Newquay, TR7TR7 3FS8 Addresses|93 m away
- TR7 3LW, Porth Way, Porth, Newquay, TR7TR7 3LW42 Addresses|102 m away
- TR7 3DF, Bonython Road, Newquay, TR7TR7 3DF8 Addresses|108 m away
- TR7 3BY, Penhallow Road, Newquay, TR7TR7 3BY5 Addresses|109 m away
Property Types
- 2 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 13 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (2)
- mid-century house (4)
- mid-century flat (8)
- house (1)
- early-century house (13)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (4)
- G (0)
- D (18)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- St Columb Minor Academy600 m away
- Newquay Primary Academy700 m away
- Newquay Junior Academy1.4 km away
- Newquay Tretherras400 m away
- Treviglas Academy500 m away
- Brannel School14.8 km away
More reading links
Public Transport Nearby
The closest station to TR7 3LR is Newquay station, which is 1.5 kilometres away.
- Newquay|1.5 km away
- Quintrell Downs|2.6 km away
- St Columb Road|8.5 km away
- Roche|16.0 km away
