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Lower Broad Lane is a residential street with 55 addresses.
It ranks as the 536th largest and 288th most expensive of the 606 streets in the TR15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 55 properties: 54 houses and 1 flat.
Lower Broad Lane is a residential street with 55 addresses.
It ranks as the 536th largest and 288th most expensive of the 606 streets in the TR15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 55 properties: 54 houses and 1 flat.
Sale prices range from £115,134 for 2 bedroom Leasehold flats (430 ft2) to £377,031 for 4 bedroom freehold houses with a garden (1,506 ft2) .
Monthly rental prices range from £681 pcm for 2 bed flats to £1,469 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 7.1%.
The average value per square foot is £285.
The last sale on Lower Broad Lane sold for £380,000 on 31st March 2025. Since then prices are down an average of 1.9%.
The current average value in the street is £259,321.
The Lower Broad Lane Sales Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.6% | £259,321 |
| May 2025 | 0.3% | £266,326 |
| May 2024 | -1.6% | £265,431 |
| May 2023 | 3.1% | £269,851 |
| May 2022 | 16.3% | £261,701 |
| May 2021 | 9.9% | £225,043 |
| May 2020 | 3.4% | £204,759 |
| May 2019 | 2.3% | £198,070 |
| May 2018 | 3.1% | £193,590 |
| May 2017 | 4.5% | £187,712 |
| May 2016 | 3.7% | £179,634 |
| May 2015 | 0.9% | £173,278 |
| May 2014 | 3.7% | £171,698 |
| May 2013 | -1.4% | £165,611 |
| May 2012 | -1.1% | £167,890 |
| May 2011 | 1.2% | £169,701 |
| May 2010 | 1.4% | £167,681 |
| May 2009 | -11.3% | £165,377 |
| May 2008 | 0.6% | £186,531 |
| May 2007 | 0% | £185,328 |
The current average rental value in the street is £1,178.
The Lower Broad Lane Rental Market has increased by 67.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.4% | £1,178pcm |
| May 2025 | 9.4% | £1,129pcm |
| May 2024 | 5.2% | £1,031pcm |
| May 2023 | 4.7% | £980pcm |
| May 2022 | 9.8% | £936pcm |
| May 2021 | 12.2% | £852pcm |
| May 2020 | 1.5% | £760pcm |
| May 2019 | 4.2% | £748pcm |
| May 2018 | 2.1% | £718pcm |
| May 2017 | 0.3% | £703pcm |
| May 2016 | 1.2% | £701pcm |
| May 2015 | 2.3% | £693pcm |
| May 2014 | 2.4% | £678pcm |
| May 2013 | -0.8% | £662pcm |
| May 2012 | 1% | £667pcm |
| May 2011 | 2.7% | £660pcm |
| May 2010 | 3.5% | £643pcm |
| May 2009 | -6.6% | £621pcm |
| May 2008 | 3.6% | £665pcm |
| May 2007 | 0% | £642pcm |
The last sale was on 31st March 2025 for £380,000 and since then the market in the area has decreased by 1.9%. The street has had a total of 58 sales since 1995.
Lower Broad Lane, Redruth, TR15 has seen 3 sales in the last three years and no sales in the last twelve months.
Lower Broad Lane, Redruth, TR15 is the 536th largest and the 288th most expensive street in the TR15 area.
There are 2 postcodes on Lower Broad Lane, Redruth, TR15.
The closest station to Lower Broad Lane, Redruth, TR15 is Redruth station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Lower Broad Lane, Redruth, TR15, 53.9% of property is privately owned outright and 24.4% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 Lower Broad Lane, Redruth, TR15, 14.7% of residents are recorded as possessing school level qualifications and 23.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lower Broad Lane, Redruth, TR15, the average age was 41.2 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 Lower Broad Lane, Redruth, TR15, 0.0% 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 Lower Broad Lane, Redruth, TR15, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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