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Lanner market report TR16 6, Redruth
The standing TR16 6 (Lanner) property market report, rebuilt from the full public record every month. Everything below comes from 2,223 sales recorded by HM Land Registry in TR16 6 (Redruth) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for TR16 6 (Redruth) is £264,000, from 20 registered sales, up 12% on five years earlier; the mean is £295,000, and by floor area homes here have averaged about £3,410 per square metre over the last five years. Behind the figures sit 2,223 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like TR16 6 is a single group of streets within TR16 (Redruth), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where TR16 6 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
TR16 6 sold prices: where the market stands
The 2026 median for TR16 6 is £264,000, taken from 20 registered sales. The mean, which is what most sites call the "average house price", is £295,000, modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in TR16 6
Per square metre, TR16 6 homes have averaged around £3,410 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so TR16 6 trades 7% below the country as a whole.
TR16 6's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £264,000 | £264,000 | 20 |
| 2025 | £260,000 | £266,217 | 55 |
| 2024 | £260,000 | £276,433 | 55 |
| 2023 | £271,500 | £298,312 | 46 |
| 2022 | £270,000 | £316,606 | 71 |
| 2021 | £235,000 | £297,540 | 85 |
| 2020 | £215,000 | £278,967 | 67 |
| 2019 | £223,000 | £292,300 | 75 |
| 2018 | £185,000 | £246,608 | 63 |
| 2017 | £190,000 | £259,141 | 87 |
| 2016 | £181,500 | £253,920 | 72 |
| 2015 | £166,000 | £234,558 | 61 |
| 2014 | £171,500 | £243,303 | 73 |
| 2013 | £145,000 | £208,641 | 60 |
| 2012 | £150,000 | £220,781 | 59 |
| 2011 | £152,500 | £230,216 | 54 |
| 2010 | £175,000 | £274,445 | 48 |
| 2009 | £158,500 | £254,790 | 43 |
| 2008 | £140,000 | £229,490 | 62 |
| 2007 | £177,200 | £300,581 | 84 |
| 2006 | £166,500 | £289,023 | 88 |
| 2005 | £157,200 | £279,753 | 60 |
| 2004 | £146,000 | £265,165 | 77 |
| 2003 | £122,400 | £225,490 | 84 |
| 2002 | £89,000 | £167,453 | 81 |
| 2001 | £68,000 | £130,727 | 89 |
| 2000 | £59,500 | £116,769 | 88 |
| 1999 | £55,000 | £109,612 | 91 |
| 1998 | £44,000 | £88,817 | 88 |
| 1997 | £47,500 | £97,413 | 101 |
| 1996 | £39,000 | £82,249 | 79 |
| 1995 | £37,000 | £80,432 | 57 |
In cash terms the typical TR16 6 home went from £37,000 in 1995 to £264,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 228%, a genuine increase in what a home here costs. The real-terms peak came in 2022, and today's median remains roughly 17% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the TR16 6 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+37.5% on the year before); the weakest, 2008 (−21.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.5% | −0.8% |
| 5 years (since 2021) | +2.4% | −2.4% |
| 10 years (since 2016) | +3.8% | +0.4% |
| 20 years (since 2006) | +2.3% | −0.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in TR16 6
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 20 sales completed in TR16 6. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 81 sales a year before the financial crisis and 49 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the TR16 6 market
Only 20 sales completed here in the last twelve months of data, which makes TR16 6 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What tenants pay around TR16 6
For renting purposes TR16 6 sits in Cornwall. The ONS average private rent there is £1,003 a month (May 2026). Size sets most of the rent: one-beds average £691 a month here against £1,510 for four or more bedrooms.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
£1,003 a month is £12,036 a year, which against the £264,000 median sold price makes a gross yield of 4.6%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about TR16 6 (Lanner)
Is TR16 6 (Lanner) a good place to buy a house?
How much did a house sell for in TR16 6 (Lanner)?
Are property prices falling in TR16 6 (Lanner)?
Are TR16 6 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 12% over five years in cash but down 11% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in TR16 now
Turning to what is actually available: 67 homes on the market right now, from 9 agents publishing to HomesIndex.
These cover the whole TR16 district, not just TR16 6: live asking prices are collected per district.
30% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- Gwel An Mor, Feadon Lane, Portreath, Cornwall
- Greenfield Terrace, Portreath, Redrut...
- The Residence, Gwel An Mor, Portreath, Cornwall
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every TR16 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in TR
Real sold prices by size across the TR area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £320,000 | £447,500 (+40%) | £650,000 (+45%) | £910,000 (+40%) |
| Semi-detached | £232,500 | £275,000 (+18%) | £330,000 (+20%) | £425,000 (+29%) | £575,000 (+35%) |
| Terraced | £202,500 | £240,000 (+19%) | £294,500 (+23%) | £400,000 (+36%) | £525,000 (+31%) |
| Flat | £156,275 | £240,000 (+54%) | £363,186 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the TR area is the point: the same five years treated these districts very differently.
TR area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in TR16
A few minutes' walk can separate two very different markets. Here are TR16's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR16 4 | £267,500 | 34 |
| TR16 5 | £270,000 | 33 |
Zoom out to the full TR16 district report for the type split, monthly volumes and how TR16 compares with its neighbours.
Selling in TR16 6? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR16 6, open the average prices map and zoom from the TR16 6 shading down to the sold homes on your own street. Every recorded TR16 6 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim TR16 6.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about TR16 6. Free, with a one click sign in.
The live map plots every individual TR16 6 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.