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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 16, Murdoch Close, Redruth is a early-century freehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Murdoch Close, Redruth is £161,777 and the estimated rental value is £884 per month.
Murdoch Close, Redruth, TR15 is located within the TR15 postal district.
16, Murdoch Close, Redruth has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Murdoch Close, Redruth is in very good condition we estimate a sale value of £169,866 and a rental value of £928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,453 and a rental value of £822 per month.
Over the last 12 months the sale value of 16 Murdoch Close Redruth has decreased by an estimated £6,112 (3.8%) and its rental value has increased by an estimated £36 per month (4.1%), giving an expected gross yield of 6.6%.
16, Murdoch Close, Redruth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Murdoch Close, Redruth was last sold on 30th March 2023 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Murdoch Close, Redruth within a radius of 760 metres over the last 2 years.
The most recent example is 20, Murdoch Close, Redruth, TR15 1EU, a freehold house which sold for £175,000 on the 6th December 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murdoch Close, Redruth, TR15 has a total of 72 addresses. According to our analysis of all the public data, 16, Murdoch Close, Redruth is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in TR15.
The closest station to 16, Murdoch Close, Redruth is Redruth station which is 900 metres away.
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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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Murdoch Close, Redruth, 68.2% of property is socially rented and 11.9% is privately owned outright.
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 16, Murdoch Close, Redruth, 25.1% of residents are recorded as possessing school level qualifications and 22.5% 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 16, Murdoch Close, Redruth, 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 16, Murdoch Close, Redruth, 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 16, Murdoch Close, Redruth, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
