Metha Park - TR8 5LU
Key Postcode Insights
TR8 5LU is a residential postcode situated on Metha Park, St. Newlyn East, Newquay, TR8 with 11 addresses.
It ranks as the 384th largest and 316th most expensive of the 570 postcodes in the TR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 10 houses and 1 other property.
- Ave. Sale Price
- £397,043
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £1,443pcm
- 10 Year change
- up 61.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
TR8 5LU is a residential postcode situated on Metha Park, St. Newlyn East, Newquay, TR8 with 11 addresses.
It ranks as the 384th largest and 316th most expensive of the 570 postcodes in the TR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 10 houses and 1 other property.
- Ave. Sale Price
- £397,043
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £1,443pcm
- 10 Year change
- up 61.6%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in TR8 5LU
- 8 Metha Park
4 Bed Mid-century House
- 9 Metha Park
3 Bed Mid-century House
- 10 Metha Park
3 Bed Mid-century House
- 11 Metha Park
3 Bed Mid-century House
- 12 Metha Park
3 Bed Mid-century House
Sales Market Trends
The last sale in TR8 5LU sold for £460,000 on 25th July 2024. Since then prices are down an average of 4.5%.
The current average value in the postcode is £397,043.
The TR8 5LU Sales Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £397,043 |
| June 2025 | -1.3% | £413,647 |
| June 2024 | -5.4% | £419,293 |
| June 2023 | 0.9% | £443,116 |
| June 2022 | 14% | £439,155 |
| June 2021 | 15.5% | £385,373 |
| June 2020 | 5.3% | £333,612 |
| June 2019 | 1.8% | £316,863 |
| June 2018 | 8.8% | £311,288 |
| June 2017 | 2% | £286,202 |
| June 2016 | 4.6% | £280,471 |
| June 2015 | 4.8% | £268,239 |
| June 2014 | 4.3% | £255,845 |
| June 2013 | -2.8% | £245,261 |
| June 2012 | -0.3% | £252,352 |
| June 2011 | 2% | £253,070 |
| June 2010 | 1.9% | £248,157 |
| June 2009 | -6.9% | £243,500 |
| June 2008 | 0.6% | £261,566 |
| June 2007 | 0% | £259,929 |
Rental Market Trends
The current average rental value in the postcode is £1,443.
The TR8 5LU Rental Market has increased by 61.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,443pcm |
| June 2025 | 4.8% | £1,382pcm |
| June 2024 | 5.1% | £1,319pcm |
| June 2023 | 5.4% | £1,256pcm |
| June 2022 | 11.6% | £1,192pcm |
| June 2021 | 10% | £1,067pcm |
| June 2020 | 1.2% | £971pcm |
| June 2019 | 3.7% | £959pcm |
| June 2018 | 1.3% | £925pcm |
| June 2017 | 2.2% | £913pcm |
| June 2016 | 1.4% | £893pcm |
| June 2015 | 1.8% | £881pcm |
| June 2014 | 0.9% | £865pcm |
| June 2013 | 1.5% | £857pcm |
| June 2012 | 0% | £844pcm |
| June 2011 | 4.2% | £844pcm |
| June 2010 | 4.3% | £810pcm |
| June 2009 | -5.9% | £777pcm |
| June 2008 | 4.6% | £825pcm |
| June 2007 | 0% | £789pcm |
Sales History
The last recorded sale was on 25th July 2024 for £460,000 and since then the market in the area has decreased by 4.5%.
TR8 5LU has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2024£460,000 | 3 Bed House12, Metha Park, Newquay, TR8 5LU12, Metha Park, Newquay, TR8 5LU
- Sold Dec 2023£525,000 | 4 Bed House18, Metha Park, Newquay, TR8 5LU18, Metha Park, Newquay, TR8 5LU
- Sold Sep 2023£280,000 | 3 Bed House16, Metha Park, Newquay, TR8 5LU16, Metha Park, Newquay, TR8 5LU
Nearby Postcodes
TR8 5LU is the 384th largest and the 316th most expensive postcode out of the 570 postcodes in the TR8 area.
- TR8 5LT, Metha Park, St. Newlyn East, Newquay, TR8TR8 5LT7 Addresses|64 m away
- TR8 5LP, Metha Road, St. Newlyn East, Newquay, TR8TR8 5LP28 Addresses|84 m away
- TR8 5NY, Buckinghams Close, St. Newlyn East, Newquay, TR8TR8 5NY6 Addresses|122 m away
- TR8 5LR, Metha Road, St. Newlyn East, Newquay, TR8TR8 5LR10 Addresses|122 m away
- TR8 5NX, Trevilson Close, St. Newlyn East, Newquay, TR8TR8 5NX17 Addresses|122 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (10)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (3)
- C (0)
- G (1)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2023£525,000 | 4 Bed House18, Metha Park, Newquay, TR8 5LU18, Metha Park, Newquay, TR8 5LU
- Sold Jul 2024£460,000 | 3 Bed House12, Metha Park, Newquay, TR8 5LU12, Metha Park, Newquay, TR8 5LU
- Sold Oct 2021£380,000 | 3 Bed House12, Metha Park, Newquay, TR8 5LU12, Metha Park, Newquay, TR8 5LU
Schools Nearby
- St Newlyn East Learning Academy400 m away
- The Bishops CofE Learning Academy4.7 km away
- Cubert Primary School4.7 km away
- Newquay Tretherras5.6 km away
- Treviglas Academy5.9 km away
- Penair School11.2 km away
More reading links
Public Transport Nearby
The closest station to TR8 5LU is Quintrell Downs station, which is 4.4 kilometres away.
- Quintrell Downs|4.4 km away
- Newquay|5.6 km away
- St Columb Road|8.6 km away
- Truro|11.5 km away
