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House Prices in TR15 House Prices in TR15 (Redruth)

The average house price in TR15 (Redruth) is £245,543 using HM Land Registry data.

The average property price increased by £68,225 (16.93%) over the last 5 years and increased by £13,666 (2.72%) over the last 12 months.

Over the last year, there were 230 residential property sales – a decrease of 104 transactions (-45.22%) relative to the previous year. The majority of house sales (50) were in the £168,000 - £216,000 range. Then came properties in the £264,000 - £312,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 147 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,840 (-2%).

In January 2025, there were 43 new estate agency instructions, 18 agreed home sales and 33 property price reductions.

Nearby Postcodes: TR10, TR13, TR14, TR16, TR27, TR3, TR4

5-Year Average Property Prices in TR15 (Redruth)

16.93%

Property prices in TR15 (Redruth) increased by 16.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TR15 (Redruth) Over the Last Year

2.72%

Property prices in TR15 (Redruth) increased by 2.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TR15 (Redruth) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TR15 (Redruth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TR15 (Redruth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TR15 (Redruth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TR15 (Redruth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR15 postcode area since 1995.

Recent Sales in TR15 (Redruth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Trewirgie Hill, Redruth, Cornwall, TR15 2TB£400,000£390,000-£10,00024 Apr 202406 Dec 2024226 Days
5 Carknown Gardens, Redruth, Cornwall, TR15 2LG£285,000£280,000-£5,00009 Jul 202406 Dec 2024150 Days
24 Little Treloweth, Pool, Redruth, Cornwall, TR15 3QA£270,000£265,000-£5,00017 May 202415 Nov 2024182 Days
4 Middle Road, Redruth Highway, Redruth, Cornwall, TR15 1RX£159,950£140,000-£19,95005 Jun 202414 Nov 2024162 Days
62 Treganoon Road, Mount Ambrose, Redruth, Cornwall, TR15 1NZ£235,000£235,000£006 Jun 202411 Nov 2024158 Days
2 The Paddock, Redruth, Cornwall, TR15 2AG£240,000£240,000£023 Aug 202408 Nov 202477 Days
79 Wheal Agar, Pool, Redruth, Cornwall, TR15 3QL£300,000£297,000-£3,00027 Jul 202405 Nov 2024101 Days
3 Bosmeor Park, Redruth, Cornwall, TR15 3JN£300,000£296,500-£3,50021 Jun 202401 Nov 2024133 Days
24 Claremont Road, Redruth, Cornwall, TR15 1LP£325,000£320,000-£5,00013 May 202401 Nov 2024172 Days
15 Chili Road, Illogan Highway, Redruth, Cornwall, TR15 3JP£340,000£335,000-£5,00019 Aug 202401 Nov 202474 Days
2 South Park, Redruth, Cornwall, TR15 3AW£249,950£249,950£026 Jul 202431 Oct 202497 Days
41 Johns Park, Redruth, Cornwall, TR15 1DX£100,000£95,000-£5,00012 Feb 202430 Oct 2024261 Days
2 West Trevingey, Redruth, Cornwall, TR15 3DJ£485,000£480,000-£5,00028 Nov 202330 Oct 2024337 Days
9 Martinvale Avenue, Mount Ambrose, Redruth, Cornwall, TR15 1QY£400,000£366,350-£33,65026 Apr 202425 Oct 2024182 Days
6 Heanton Terrace, Redruth, Cornwall, TR15 2HS£237,500£232,000-£5,50029 Jun 202425 Oct 2024118 Days
5 Lowarthow Marghas, Redruth, Cornwall, TR15 2DZ£250,000£250,000£014 Jun 202425 Oct 2024133 Days
80 Drump Road, Redruth, Cornwall, TR15 1PR£209,950£207,500-£2,45005 Jun 202424 Oct 2024141 Days
14 Chariot Road, Illogan Highway, Redruth, Cornwall, TR15 3LQ£155,000£152,000-£3,00009 May 202427 Aug 2024110 Days
Galanthus, Lower Broad Lane, Redruth, Cornwall, TR15 3HT£195,000£190,000-£5,00029 Apr 202409 Aug 2024102 Days
19 Dopps Terrace, Redruth, Cornwall, TR15 2EP£189,950£185,000-£4,95029 Jan 202426 Jul 2024179 Days

Most Expensive Streets in TR15 (Redruth)

PostcodeStreetAreaAverageNo. of Sales
TR15 2LLClinton RoadRedruth£633,8754
TR15 2FPLangarth CourtRedruth£628,3333
TR15 2TDWheal UnyRedruth£555,0003
TR15 3EACrembling Well, BarncooseRedruth£436,80713
TR15 3TNWest TolgusRedruth£410,0003
TR15 3GGMaythorn Meadow, Park BottomRedruth£405,4449
TR15 2TBTrewirgie HillRedruth£398,0005
TR15 2TJWest Trewirgie RoadRedruth£395,6254
TR15 3DGTrevingey RoadRedruth£392,5003
TR15 1SEHighway LaneRedruth£388,3333

Least Expensive Streets in TR15 (Redruth)

PostcodeStreetAreaAverageNo. of Sales
TR15 1NECarn View TerraceRedruth£77,5003
TR15 3PBAgar Court, Fore Street, PoolRedruth£86,3758
TR15 1DDNewton Court, Treleigh AvenueRedruth£90,4287
TR15 1FQBrewery CourtRedruth£96,0505
TR15 1HBCardrew CloseRedruth£97,6663
TR15 2RZWest EndRedruth£99,4904
TR15 3LZKilliers CourtRedruth£105,2005
TR15 2SQWest EndRedruth£105,5836
TR15 3NNSt Kea House, Breaview Park LaneRedruth£110,0003
TR15 2BLFore StreetRedruth£113,1663

Explore TR15 (Redruth) using map

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