Typical 3-bedroom house£298kmost £250k–£370k
Houses per m²£3,336flats £2,737
Sold last year120817 in five years
Prices in Cornwall-0.8%on a year ago
A typical 3-bedroom house in TR16 sold for £298,307 over the last five years, in today's money; most went for between £250,257 and £369,792, for about 89 m² of space. That is 10% more than the same home across Redruth (£271,000).
120 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £150k for two bedrooms. Within the district, houses cost the least per m² in TR16 5 (£3,295) and the most in TR16 4 (£3,405).
Across Cornwall, prices are down 0.8% on a year ago and up 7.9% over five years. Renting a similar home there costs about £1,077 a month; a 90% mortgage on the typical price would be around £1,360 a month at 4.5% over 30 years. Lenders would typically want a household income of about £60,000 for that mortgage: what £60,000 buys.
Questions about TR16
Is TR16 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 10% more than across Redruth; prices in Cornwall are down 0.8% on a year ago; the best state primary nearby is below the England average (56% against 64%); the best secondary is above it (48.6% against 43.8%); 120 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in TR16?
A typical 3-bedroom house in TR16 sold for £298,307 over the last five years, in today's money. Most sold between £250,257 and £369,792.
Is TR16 expensive for Redruth?
A 3-bedroom house in TR16 costs 10% more than the typical 3-bedroom house across Redruth (£271,000).
How many homes sell in TR16 each year?
120 homes sold in the last year and 817 in five years: a steady market with homes coming up most weeks.
What are the schools like near TR16?
The best-performing state primary within 2 km is Pennoweth Primary School, where 56% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near TR16?
For a 3-bedroom house, TR15 (£247k, 1 km), TR14 (£231k, 6 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.