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Richards Lane is a residential street with 12 addresses.
It ranks as the 220th largest and 283rd most expensive of the 430 streets in the TR16 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 12 properties: 12 houses.
Richards Lane is a residential street with 12 addresses.
It ranks as the 220th largest and 283rd most expensive of the 430 streets in the TR16 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 12 properties: 12 houses.
Sale prices range from £272,670 for 2 bedroom freehold houses with a garden (667 ft2) to £562,962 for 5 bedroom freehold houses with a garden (2,583 ft2) .
Monthly rental prices range from £1,130 pcm for 2 bed houses to £2,034 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 5.0%.
The average value per square foot is £316.
The last sale on Richards Lane sold for £320,000 on 11th February 2022. Since then prices are up an average of 2.7%.
The current average value in the street is £367,187.
The Richards Lane Sales Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.3% | £367,187 |
| May 2025 | 0.1% | £379,634 |
| May 2024 | -2% | £379,107 |
| May 2023 | 3.4% | £386,653 |
| May 2022 | 17.2% | £373,760 |
| May 2021 | 10.9% | £318,773 |
| May 2020 | 3.2% | £287,430 |
| May 2019 | 2.9% | £278,593 |
| May 2018 | 3.5% | £270,769 |
| May 2017 | 5.6% | £261,551 |
| May 2016 | 4.4% | £247,754 |
| May 2015 | 0.8% | £237,242 |
| May 2014 | 3.7% | £235,469 |
| May 2013 | -1.1% | £227,051 |
| May 2012 | -0.9% | £229,476 |
| May 2011 | 2.2% | £231,660 |
| May 2010 | 2.1% | £226,630 |
| May 2009 | -10.5% | £221,993 |
| May 2008 | 0.3% | £248,124 |
| May 2007 | 0% | £247,371 |
The current average rental value in the street is £1,393.
The Richards Lane Rental Market has increased by 71.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £1,393pcm |
| May 2025 | 9.2% | £1,342pcm |
| May 2024 | 5.2% | £1,229pcm |
| May 2023 | 4.9% | £1,168pcm |
| May 2022 | 10.5% | £1,113pcm |
| May 2021 | 13% | £1,007pcm |
| May 2020 | 1.3% | £891pcm |
| May 2019 | 4.6% | £880pcm |
| May 2018 | 2.6% | £841pcm |
| May 2017 | 0.9% | £819pcm |
| May 2016 | 1.6% | £812pcm |
| May 2015 | 2.4% | £799pcm |
| May 2014 | 2.5% | £780pcm |
| May 2013 | -0.7% | £761pcm |
| May 2012 | 1.1% | £767pcm |
| May 2011 | 3.5% | £758pcm |
| May 2010 | 4.3% | £732pcm |
| May 2009 | -6.1% | £702pcm |
| May 2008 | 3.4% | £747pcm |
| May 2007 | 0% | £723pcm |
The last sale was on 11th February 2022 for £320,000 and since then the market in the area has increased by 2.7%. The street has had a total of 15 sales since 1995.
Richards Lane, Harris Mill, Redruth, TR16 has seen no sales in the last three years and no sales in the last twelve months.
Richards Lane, Harris Mill, Redruth, TR16 is the 220th largest and the 283rd most expensive street in the TR16 area.
There is 1 postcode on Richards Lane, Harris Mill, Redruth, TR16.
The closest station to Richards Lane, Harris Mill, Redruth, TR16 is Redruth station which is 2.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Richards Lane, Harris Mill, Redruth, TR16, 52.4% of property is privately owned outright and 37.9% 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 Richards Lane, Harris Mill, Redruth, TR16, 14.4% of residents are recorded as possessing school level qualifications and 27.7% 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 Richards Lane, Harris Mill, Redruth, TR16, the average age was 45.4 and the most common age was 62.
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 Richards Lane, Harris Mill, Redruth, TR16, 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 Richards Lane, Harris Mill, Redruth, TR16, there are an average of 1.6 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.