Housing Market Analysis for TR16 5TU

Are you looking to understand TR16 5TU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cornwall postcode.

For the location information and nearby amenities in the TR16 5TU area, explore the TR16 5TU Area information page.
For comprehensive crime statistics in the TR16 5TU area, explore the TR16 5TU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TR16 5TU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £324,325 median price is £251,975 Standard Deviation is £247,240 with Total Sold: 6
    • The Last 5 Year average price is £637,500 with Total Sold: 2
    • The most recent sale happened at this postcode is HIDEAWAY: £720,000 (Sold on 31 Oct 2022)
    • The first recorded sale happened at this postcode is THE COTTAGE: £555,000 (Sold on 05 Apr 2024)
  • Semi-Detached
    • The average price is around £395,000 median price is £415,000 Standard Deviation is £54,924 with Total Sold: 3
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PENNANCE VILLA: £450,000 (Sold on 22 Jan 2021)
    • The first recorded sale happened at this postcode is PENNANCE VILLA: £320,000 (Sold on 04 Oct 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average TR16 5TU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£720,000 £7,500 1
2007£375,000 £2,451 1
1998£128,950 £1,343 1
1996£83,500 £990 2
2024£555,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £2,941 1
2016£415,000 £2,712 1
2010£320,000 £2,092 1

All the Sales in the TR16 5TU

See the table below for more details on the sold house prices in the TR16 5TU, Cornwall postcode.

AddressSold DatePrice% Change
HIDEAWAYDetached, FreeholdArea: 96 Sq.mtrAge: before 190031 Oct 2022£720,000458.36%
18 Dec 1998£128,95035.74%
19 Dec 1996£95,000First Sale
PENNANCE VILLASemi-Detached, FreeholdArea: 153 Sq.mtrAge: before 190022 Jan 2021£450,0008.43%
08 Feb 2016£415,00029.69%
04 Oct 2010£320,000-14.67%
14 Sep 2007£375,000First Sale
CROFT HOUSEDetached, Freehold31 Oct 1996£72,000First Sale
THE COTTAGEDetached, Freehold05 Apr 2024£555,000First Sale

Check out the sold house prices near the TR16 5TU postcode. Properties currently for saleProperties currently for rent

TR16 5TU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TR16 5TU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TR16 5TU postcode.

  • Terraced
    • The average price is around £132,250 median price is £134,000 Standard Deviation is £75,532 with Total Sold: 263
    • The Last 5 Year average price is £221,547 with Total Sold: 47
    • The most recent sale happened at this postcode is , 8A PENNANCE TERRACE: £166,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 HIGHER TRESAVEAN TERRACE: £33,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £128,339 median price is £138,000 Standard Deviation is £72,611 with Total Sold: 169
    • The Last 5 Year average price is £225,524 with Total Sold: 19
    • The most recent sale happened at this postcode is , 21 LANNER MOOR: £282,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 15 PENTREATH TERRACE: £35,500 (Sold on 22 Mar 1995)
  • Detached
    • The average price is around £192,102 median price is £180,000 Standard Deviation is £112,516 with Total Sold: 331
    • The Last 5 Year average price is £345,840 with Total Sold: 43
    • The most recent sale happened at this postcode is , BERLEWEN HIGHER PENNANCE: £325,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , BELTON : £91,000 (Sold on 16 Mar 1995)
  • Other
    • The average price is around £239,111 median price is £200,000 Standard Deviation is £206,943 with Total Sold: 9
    • The Last 5 Year average price is £441,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , METHODIST CHURCH THE SQUARE: £263,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is , CHERRY HILL TAYBERRY DRIVE: £70,000 (Sold on 13 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,130 £3,403 6
2023£230,214 £3,396 7
2022£281,800 £3,195 10
2021£215,250 £3,062 10
2020£221,333 £2,732 6
2019£182,994 £2,579 8
2018£158,750 £2,483 8
2017£173,343 £2,562 7
2016£180,688 £2,242 12
2015£174,829 £2,064 12
2014£150,214 £2,109 11
2013£138,250 £2,174 10
2012£133,500 £1,810 7
2011£143,217 £1,832 9
2010£181,442 £2,183 6
2009£180,483 £1,766 3
2008£142,875 £2,285 8
2007£167,371 £2,366 7
2006£155,111 £2,484 9
2005£143,725 £2,258 4
2004£140,190 £1,880 10
2003£98,356 £1,809 8
2002£90,012 £1,234 12
2001£72,350 £969 8
2000£56,900 £819 5
1999£50,600 £686 13
1998£40,756 £641 18
1997£30,273 £573 11
1996£29,195 £408 10
1995£37,125 £522 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,5002
2023£218,600 £3,699 5
2022£230,000 £3,671 2
2021£258,492 £3,399 6
2020£218,500 £1,915 2
2019£188,500 £2,840 2
2018£160,825 £2,973 6
2017£172,817 £2,121 3
2016£200,995 £2,402 10
2015£143,250 £2,013 4
2014£172,817 £2,139 3
2013£153,500 £2,230 6
2012£144,333 £2,148 3
2011£127,333 £1,920 6
2010£188,700 £2,132 5
2009£149,000 £2,546 2
2008£148,811 £1,860 5
2007£181,658 £1,967 6
2006£182,988 £2,389 8
2005£158,590 £1,755 5
2004£133,488 £2,384 4
2003£142,690 £1,618 5
2002£95,675 £1,319 8
2001£76,544 £1,047 9
2000£67,100 £871 5
1999£58,578 £664 15
1998£49,438 £647 8
1997£51,070 £801 10
1996£38,681 £527 8
1995£39,617 £385 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,000 £3,037 2
2023£485,990 £3,165 5
2022£486,456 £4,194 8
2021£273,000 £2,930 5
2020£251,667 £3,438 9
2019£288,536 £2,867 14
2018£287,491 £2,555 11
2017£294,812 £2,050 8
2016£252,769 £2,447 13
2015£201,500 £2,092 13
2014£219,498 £2,413 20
2013£219,595 £2,317 10
2012£185,250 £2,079 10
2011£228,022 £2,006 9
2010£197,700 £1,982 10
2009£191,500 £2,407 10
2008£213,908 £2,091 6
2007£244,750 £2,064 14
2006£219,357 £2,064 15
2005£232,750 £2,172 6
2004£199,264 £2,348 11
2003£159,655 £1,602 11
2002£132,158 £1,193 24
2001£91,676 £1,138 16
2000£85,610 £990 15
1999£79,695 £752 10
1998£74,481 £941 8
1997£57,154 £635 13
1996£67,225 £617 14
1995£51,014 £449 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£263,0001
2020£620,000 £3,647 1
2018£88,000 £1,023 3
2017£311,667 £1,668 3
2014£70,0001

House Type in TR16 5TU area

The most common house types in the TR16 5TU postcode area are Detached (119), Semi-detached (29), and Terraced (8).

Total162
Detached119
Semi-detached29
Terraced8
Shared house3
Flat1
converted building1
temporary structure1
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (96), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright96
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency14
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the TR16 5TU have 2 people in household (60), and 1 person in household (35).

2 people in household60
1 person in household35
3 people in household30
4 people in household25
5 people in household8
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0