TR7 1QL is a residential postcode located on Higher Tower Road, Newquay, TR7. It is the 745th largest postcode in the TR7 area.
It contains 52 residential addresses consisting of 6 houses and 46 flats and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £141,931. Sales values have increased in the last 12 months by 4.4% and Rental values have increased by 4.9%.
Property sale values range from £96,430 for a leasehold flat, with 1 bedrooms split across 215 square feet of gross internal area and has a garden to £894,233 for a freehold house, with 5 bedrooms split across 1,701 square feet of gross internal area and has a garden.
Average £/ft2 for properties in TR7 1QL is £416/ft2.
Properties achieve a rental yield of between 3.4% and 7.3%, and rental values range from £589 to £2,544 per month.
The last sale was 19 Dec 2022 for £113,500 and since then the market in the area as increased by 6.5%. The postcode has had a total of 4 sales since 1995.
TR7 1QL has seen 3 sales in the last three years and no sales in the last twelve months.
TR7 1QL is the 745th largest and the 17th most expensive postcode out of the 787 postcodes in the TR7 area.
TR7 1QL is a residential postcode located on Higher Tower Road, Newquay, TR7 with 6 houses and 46 flats within its bounds.
The most common property type in TR7 1QL is a period flat built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to TR7 1QL is Newquay station which is 1.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around TR7 1QL, 38.5% of property is privately rented and 34.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TR7 1QL, 19.7% of residents are recorded as possessing school level qualifications and 29.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around TR7 1QL, the average age was 43.5 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TR7 1QL, 1.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TR7 1QL, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.