Area guide
Everything you need to know about buying property in the TR16 postcode area, covering Redruth and surrounding areas. All price data sourced from HM Land Registry — updated July 2026.
Average price
£193,654
Median price
£179,000
5-year trend
+51.3%
Total sales
8,173
The TR16 area has 580 individual postcodes with 8,173 registered sales. Prices are +51.2% below the national average, with the largest concentration in Redruth. The five-year price movement is +51.3%.
TR16 averages £193,654, placing it in the affordable category, +51.2% below the national average. Affordable areas can offer good value for first-time buyers and investors seeking lower entry points. The dataset includes 8,173 recorded sales across 580 postcodes.
The five-year price trend in TR16 is +51.3%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.
TR16 4DH
£143,056 avg · 103 sales
TR16 6QL
£96,595 avg · 101 sales
TR16 5QZ
£143,754 avg · 100 sales
TR16 4RS
£168,912 avg · 89 sales
TR16 4EE
£131,588 avg · 85 sales
TR16 5QX
£141,480 avg · 81 sales
TR16 4NQ
£171,670 avg · 74 sales
TR16 5SL
£124,558 avg · 74 sales
TR16 6HN
£167,416 avg · 70 sales
This TR16 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.
Data last updated: July 2026 · View methodology
The average sold price in the TR16 postcode area is £193,654, based on 8,173 HM Land Registry transactions. The largest town in this area is Redruth.
Properties in TR16 average £193,654, which is +51.2% below the national average of £396,803 for England and Wales.
The median price (£179,000) is 7.6% below the average (£193,654), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.
Prices in TR16 have moved +51.3% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.
No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.
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