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Vale Mills is a residential street with 1 addresses.
It ranks as the 13th largest and 244th most expensive of the 431 streets in the TR16 area.
The street contains a total of 1 properties: 1 house.
Vale Mills is a residential street with 1 addresses.
It ranks as the 13th largest and 244th most expensive of the 431 streets in the TR16 area.
The street contains a total of 1 properties: 1 house.
Sale prices range from £307,135 for 3 bedroom freehold houses with a garden (1,090 ft2) to £307,135 for 3 bedroom freehold houses with a garden (1,090 ft2) .
Monthly rental prices range from £1,395 pcm for 3 bed houses to £1,395 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 5.4%.
The average value per square foot is £282.
The last sale on Vale Mills sold for £232,500 on 18th May 2018. Since then prices are up an average of 33.3%.
The current average value in the street is £307,135.
The Vale Mills Sales Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £307,135 |
| April 2025 | 0.8% | £318,535 |
| April 2024 | -3.2% | £315,966 |
| April 2023 | 4.7% | £326,437 |
| April 2022 | 17.9% | £311,856 |
| April 2021 | 8.8% | £264,435 |
| April 2020 | 3.5% | £243,057 |
| April 2019 | 2.4% | £234,921 |
| April 2018 | 3.7% | £229,313 |
| April 2017 | 5.1% | £221,048 |
| April 2016 | 4.5% | £210,306 |
| April 2015 | 0.8% | £201,196 |
| April 2014 | 3.5% | £199,673 |
| April 2013 | 0.2% | £193,007 |
| April 2012 | -0.2% | £192,565 |
| April 2011 | 0.5% | £193,034 |
| April 2010 | 1.2% | £192,041 |
| April 2009 | -12.4% | £189,842 |
| April 2008 | 2.3% | £216,704 |
| April 2007 | 0% | £211,795 |
The current average rental value in the street is £1,395.
The Vale Mills Rental Market has increased by 70.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,395pcm |
| April 2025 | 10.5% | £1,336pcm |
| April 2024 | 4% | £1,209pcm |
| April 2023 | 5.4% | £1,162pcm |
| April 2022 | 10.7% | £1,103pcm |
| April 2021 | 11.7% | £996pcm |
| April 2020 | 1.7% | £892pcm |
| April 2019 | 2.8% | £877pcm |
| April 2018 | 3% | £853pcm |
| April 2017 | 1.4% | £828pcm |
| April 2016 | 0.2% | £817pcm |
| April 2015 | 3% | £816pcm |
| April 2014 | 2.7% | £792pcm |
| April 2013 | 0.6% | £771pcm |
| April 2012 | 1.3% | £767pcm |
| April 2011 | 2.1% | £757pcm |
| April 2010 | 2.8% | £742pcm |
| April 2009 | -8.4% | £721pcm |
| April 2008 | 5.1% | £788pcm |
| April 2007 | 0% | £749pcm |
The last sale was on 18th May 2018 for £232,500 and since then the market in the area has increased by 33.3%. The street has had a total of 2 sales since 1995.
Vale Mills, Redruth, TR16 has seen no sales in the last three years and no sales in the last twelve months.
Vale Mills, Redruth, TR16 is the 13th largest and the 244th most expensive street in the TR16 area.
There is 1 postcode on Vale Mills, Redruth, TR16.
The closest station to Vale Mills, Redruth, TR16 is Redruth station which is 1.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Vale Mills, Redruth, TR16, 33.1% of property is privately owned outright and 31.4% is socially rented.
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 Vale Mills, Redruth, TR16, 20.1% of residents are recorded as possessing school level qualifications and 24.8% 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 Vale Mills, Redruth, TR16, the average age was 41.9 and the most common age was 57.
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 Vale Mills, Redruth, TR16, 0.5% 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 Vale Mills, Redruth, TR16, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.