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16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA

How much is 16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA worth?

Estimated value — November 2026

£129,000

Likely range £94,000 – £165,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale January 1998

44%

confidence

Low

Typically within 14% of the sale price

Property details

Flat / Maisonette

Penmerin Court · Newquay · TR7 2JA

Address

District
Restormel
County
Cornwall
See house prices in TR7 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£50k£100k£150k£200k20002002200420062008201020122014201620182020202220242026£129,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£43,732£37,286 – £50,943
2001£53,049£44,652 – £61,987
2002£73,729£61,302 – £86,933
2003£88,061£72,345 – £104,585
2004£106,548£86,717 – £126,764
2005£109,020£87,977 – £130,061
2006£115,734£92,451 – £138,661
2007£123,941£97,836 – £149,568
2008£106,654£83,353 – £129,301
2009£104,160£80,620 – £127,293
2010£105,449£81,414 – £129,539
2011£101,271£77,802 – £125,335
2012£98,509£75,422 – £122,927
2013£100,803£76,908 – £126,080
2014£104,498£87,718 – £121,757
2015£108,681£90,198 – £127,692
2016£110,052£90,291 – £130,378
2017£116,302£94,315 – £138,917
2018£118,178£94,714 – £142,312
2019£118,722£94,023 – £144,126
2020£127,001£99,375 – £155,417
2021£137,180£106,037 – £169,213
2022£150,942£115,242 – £187,662
2023£142,848£107,707 – £178,993
2024£139,596£103,930 – £176,281
2025£132,314£97,252 – £168,378
2026£129,000£94,000 – £165,000

Sale history

1998Sold
£30,750
2026Today — estimated
+320%£129,000

Mortgage calculator

£692

Estimated monthly repayment

£116,100

Loan amount

£133,146

Total interest

£249,246

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA is a flat on Penmerin Court in Newquay, Cornwall. Stede's estimated value for November 2026 is £129,000. Four in five similar homes sold within their likely range when tested; for this property that range is £94,000 to £165,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 76 similar homes in the same postcode sector (25%). The confidence score is 44 out of 100 (low): estimates like this one are typically within 14% of the eventual sale price.

It last sold in January 1998 for £30,750. The current estimate is 320% higher than that price. The current owner has held it for about 28 years.

The modelled value is down 3% over the past year and down 6% over the past five years.

Among 10 nearby properties Stede tracks in the TR7 area, estimated values run from £104,000 to £155,000. This flat's £129,000 sits around the middle of that range.

Common questions

How much is 16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA worth?

Stede estimates 16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA is worth £129,000 as of November 2026, within a likely range of £94,000 to £165,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA last sell?

It last sold in January 1998 for £30,750.

What type of property is 16 Penmerin Court, Newquay, Restormel, Cornwall, TR7 2JA?

It is recorded as a Flat / Maisonette on Penmerin Court in the TR7 postcode area.

How reliable is this estimate?

The confidence score is 44 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 14% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 76 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 2,321 real sales of similar homes.

  • Its sale in January 1998, brought up to today with the House Price Index£116,09075%
  • 76 similar homes sold recently in the same postcode sector£167,32725%

Estimate £129,000, likely £94,000 – £165,000

Read the full methodology and data sources →