Postcode district
TR16
Median asking price
£335K
Across 149 for-sale listings
Growth, 3 years
-0.1%
A year, annualised
Gross yield
4.5%
Indicative, from listing medians
Days on market
111
Average time on market
Investment overview
Median asking price
£335K
Average £388K, range £50K to £1.2M
Gross yield
4.5%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Cool
111 days average time on market
Median asking rent
£1,250/mo
Of 7 to-let listings
Most common type
Bungalow
3 bedrooms on average
Market data
Listings
Summary
Homes listed
156
For sale and to let. Excludes 11 that are not homes or not monthly rents
Median asking price
£335K
Asking price range
£50K to £1.2M
Homes analysed
8,414
Behind the growth and area averages
For-sale listings equal 1.8% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.5%
- Moderate indicative gross yield of 4.5%
- Median asking rent £1K a month
HMO
ModerateMedian asking price
£335K
- Moderate entry price (£335K)
- 13% of households rent privately
- Most listings are bungalow
Flip
WeakGrowth, 3 years
-0.1% a year
- Prices moving -0.1% a year over 3 years raises resale risk
- Slow exits: 111 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 149 in TR16.
2 bed park home in TR16
£56,500
Park home · Seen 6 Nov 2026
Watergate, Illogan TR16
£550,000
Detached · Seen 6 Nov 2026
2 bed other in TR16
£295,000
Other · Seen 6 Nov 2026
Paynters Lane End, Redruth TR16
£335,000
Bungalow · Seen 6 Nov 2026
Talgos Close, Redruth, Stunning Semi-Detached Bungalow TR16
£300,000
Bungalow · Seen 6 Nov 2026
1 bed other in TR16
£210,000
Other · Seen 6 Nov 2026