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According to the public record, 2 Stannum Terrace, Fordh An Bal, Redruth is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Stannum Terrace, Fordh An Bal, Redruth is £118,886 and the estimated rental value is £652 per month.
The apartment is within 2, Fordh An Bal, Pool, Redruth, TR15.
Fordh An Bal, Pool, Redruth, TR15 is located within the TR15 postal district.
2 Stannum Terrace, Fordh An Bal, Redruth has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2 Stannum Terrace, Fordh An Bal, Redruth is in very good condition we estimate a sale value of £124,830 and a rental value of £684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,564 and a rental value of £606 per month.
Over the last 12 months the sale value of 2 Stannum Terrace Fordh An Bal Redruth has decreased by an estimated £2,744 (2.3%) and its rental value has increased by an estimated £37 per month (5.7%), giving an expected gross yield of 6.6%.
2 Stannum Terrace, Fordh An Bal, Redruth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Stannum Terrace, Fordh An Bal, Redruth was last sold on 28th September 2018 for £93,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has risen 41.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2 Stannum Terrace, Fordh An Bal, Redruth within a radius of 930 metres over the last 2 years.
The most recent example is Apartment 2, Artist Muse, Fordh An Bal, Redruth, TR15 3FD, a leasehold flat which sold for £124,950 on the 28th May 2015.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fordh An Bal, Pool, Redruth, TR15 has a total of 86 addresses. According to our analysis of all the public data, 2 Stannum Terrace, Fordh An Bal, Redruth is the 42nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in TR15.
The closest station to 2 Stannum Terrace, Fordh An Bal, Redruth is Camborne station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Stannum Terrace, Fordh An Bal, Redruth, % of property is and % is .
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 2 Stannum Terrace, Fordh An Bal, Redruth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2 Stannum Terrace, Fordh An Bal, 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 2 Stannum Terrace, Fordh An Bal, Redruth, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.