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TR7 1LZ

TR7 1LZ

Last update: Sep 2024

Postcode Overview

of TR7 1LZ

TR7 1LZ is a residential postcode located on Tower Road, Newquay, TR7. It is the 502nd largest postcode in the TR7 area.

It contains 18 residential addresses consisting of 13 houses and 5 flats and the most common type of property is a modern house built after 1980.

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Average property prices

in TR7 1LZ

The average house value is £350,400. Sales values have increased in the last 12 months by 1.7% and Rental values have increased by 2.3%.

Property sale values range from £121,064 for a leasehold flat, with 1 bedrooms split across 237 square feet of gross internal area and has no outside space to £523,259 for a freehold house, with 5 bedrooms split across 2,164 square feet of gross internal area and has a garden.

Average £/ft2 for properties in TR7 1LZ is £319/ft2.

Properties achieve a rental yield of between 4.7% and 7%, and rental values range from £710 to £2,107 per month.

Sale value change
12 months
1.7%
Rental value change
12 months
2.3%
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Recent sales

within TR7 1LZ

The last sale was 07 Dec 2023 for £355,000 and since then the market in the area as increased by 4%. The postcode has had a total of 4 sales since 1995.

TR7 1LZ has seen 1 sale in the last three years and 1 sale in the last twelve months.

£355,000
Dec-2023
Sold
£330,000
Dec-2020
Sold
£270,000
Nov-2020
Sold
£245,000
Aug-2017
Sold
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Nearby postcodes

to TR7 1LZ

TR7 1LZ is the 502nd largest and the 415th most expensive postcode out of the 787 postcodes in the TR7 area.

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Property types

in TR7 1LZ

TR7 1LZ is a residential postcode located on Tower Road, Newquay, TR7 with 13 houses and 5 flats within its bounds.

The most common property type in TR7 1LZ is a modern house built after 1980.

modern house (8)
period house (5)
period flat (5)
Energy Efficiency

Energy Efficiency

of properties within TR7 1LZ

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being E.

A (0)
E (6)
B (0)
F (0)
C (5)
G (0)
D (2)
No EPC (5)
Schools nearby

Schools nearby

to TR7 1LZ

The nearest primary school to TR7 1LZ is Trenance Learning Academy which is 900 m away and is rated Outstanding by Ofsted.
900 m
Trenance Learning Academy
Outstanding
1.4 km
Newquay Junior Academy
Good
1.7 km
The Bishops CofE Learning Academy
Good
The nearest secondary school is Newquay Tretherras which is 2.5 km away and is rated Good by Ofsted.
2.5 km
Newquay Tretherras
Good
3.2 km
Treviglas Academy
Requires improvement
16.5 km
Brannel School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to TR7 1LZ

The closest station to TR7 1LZ is Newquay station which is 1.2 km away.

1.2 km
Newquay
4.6 km
Quintrell Downs
10.9 km
St Columb Road
16.8 km
Truro
Source: National Rail
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