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House Prices in TR7 House Prices in TR7 (Newquay)

The average house price in TR7 (Newquay) is £377,802 using HM Land Registry data.

The average property price increased by £114,960 (57.3%) over the last 5 years and increased by £23,034 (7.14%) over the last 12 months.

Over the last year, there were 297 residential property sales – a decrease of 90 transactions (-30.30%) relative to the previous year. The majority of house sales (66) were in the £300,000 - £380,000 range. Then came properties in the £220,000 - £300,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,443 (-4%).

In Oct 24, there were 85 new estate agency instructions, 56 agreed home sales and 38 property price reductions.

Nearby Postcodes: PL26, PL27, TR2, TR4, TR6, TR8, TR9

5-Year Average Property Prices in TR7 (Newquay)

57.3%

Property prices in Newquay increased by 57.3% 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 TR7 (Newquay) Over the Last Year

7.14%

Property prices in Newquay increased by 7.14% 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 TR7 (Newquay) - Oct 24

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 TR7 (Newquay)

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 TR7 (Newquay)

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 TR7 (Newquay)

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 TR7 (Newquay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR7 postcode area since 1995.

Recent Sales in TR7 (Newquay)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Whitegate Road, Newquay, Cornwall, TR7 2RF£565,000£565,000£0013 Mar 202419 Aug 2024159 Days
3 Ennors Road, Newquay, Cornwall, TR7 1RB£335,000£330,000-£5,00024 Apr 202416 Aug 2024114 Days
18 Colvreath Road, Newquay, Cornwall, TR7 2PY£350,000£350,000£0010 Apr 202408 Aug 2024120 Days
3 Chynance Drive, Newquay, Cornwall, TR7 2AB£390,000£380,000-£10,00025 Apr 202406 Aug 2024103 Days
17 Trenance Avenue, Newquay, Cornwall, TR7 2HH£315,000£315,000£0015 Jan 202402 Aug 2024200 Days
57 Parkland Close, Newquay, Cornwall, TR7 3EB£315,000£305,000-£10,00019 Jan 202424 Jul 2024187 Days
12 Penmerrin Court, Newquay, Cornwall, TR7 2JA£279,950£279,950£0013 Dec 202324 Jul 2024224 Days
93 Pendragon Crescent, Newquay, Cornwall, TR7 2SS£210,000£205,000-£5,00018 Mar 202422 Jul 2024126 Days
9 Arundel Way, Newquay, Cornwall, TR7 3BB£535,000£520,000-£15,00014 Nov 202322 Jul 2024251 Days
104 Bedowan Meadows, Tretherras, Newquay, Cornwall, TR7 2SW£395,000£385,000-£10,00006 Mar 202417 Jul 2024133 Days
9 Chichester Crescent, Newquay, Cornwall, TR7 2LD£385,000£382,000-£3,00008 Mar 202405 Jul 2024119 Days
31 Lewarne Road, Newquay, Cornwall, TR7 3JT£595,000£595,000£0030 Oct 202302 Jul 2024246 Days
3 Tredour Road, Newquay, Cornwall, TR7 2EY£399,000£385,000-£14,00007 Aug 202301 Jul 2024329 Days
33 Pentire Crescent, Newquay, Cornwall, TR7 1PU£650,000£607,500-£42,50005 Apr 202420 Jun 202476 Days
113 Church Street, Newquay, Cornwall, TR7 3EY£220,000£202,000-£18,00027 Dec 202320 Jun 2024176 Days
11 Manewas Way, Newquay, Cornwall, TR7 3AJ£650,000£620,000-£30,00014 Oct 202318 Jun 2024248 Days
12 Colvreath Road, Newquay, Cornwall, TR7 2PY£325,000£325,000£0016 Jan 202417 Jun 2024153 Days
20 Trevemper Road, Newquay, Cornwall, TR7 2HS£449,950£449,950£0005 Feb 202414 Jun 2024130 Days
6 Esplanade Road, Newquay, Cornwall, TR7 1PY£750,000£730,000-£20,00028 Mar 202414 Jun 202478 Days
Flat 1, Porth Bean Court, Porth Bean Road, Newquay, Cornwall, TR7 3LQ£152,500£152,500£0005 Jan 202413 Jun 2024160 Days

Most Expensive Streets in TR7 (Newquay)

PostcodeStreetAreaAverageNo. of Sales
TR7 1PUPentire CrescentNewquay£1,273,1254
TR7 1UXWoodlands, Pentire CrescentNewquay£1,161,50411
TR7 1TWTrevean WayNewquay£976,2608
TR7 3AELusty Glaze RoadNewquay£941,0005
TR7 1PEPentire AvenueNewquay£843,2416
TR7 1FXFistral Blue, Headland RoadNewquay£826,2504
TR7 1PAPentire AvenueNewquay£775,0003
TR7 2FUTides Reach, Gannel RoadNewquay£708,0005
TR7 1PLRiverside AvenueNewquay£697,5003
TR7 3LZWhipsiderry CloseNewquay£674,0005

Least Expensive Streets in TR7 (Newquay)

PostcodeStreetAreaAverageNo. of Sales
TR7 3BJHenver RoadNewquay£85,0787
TR7 2DDWindsor CourtNewquay£109,58928
TR7 1NJTrevose AvenueNewquay£129,6974
TR7 1UJPenhaven CourtNewquay£136,57819
TR7 2EJMount WiseNewquay£138,17220
TR7 2NSAlbany RoadNewquay£142,3333
TR7 2NJEdgcumbe AvenueNewquay£143,6288
TR7 2NHEdgcumbe AvenueNewquay£147,5005
TR7 2DQMayfield RoadNewquay£148,3333
TR7 2EDHawkins RoadNewquay£148,9163

Explore TR7 (Newquay) using map

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