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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
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According to the public record, 2 Shirley Cottages, Merritts Hill, Redruth is a period Leasehold apartment with 346 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Shirley Cottages, Merritts Hill, Redruth is £159,622 and the estimated rental value is £781 per month.
The apartment is within 2, Merritts Hill, Illogan, Redruth, TR16.
Merritts Hill, Illogan, Redruth, TR16 is located within the TR16 postal district.
2 Shirley Cottages, Merritts Hill, Redruth has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated May 2023.
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 Shirley Cottages, Merritts Hill, Redruth is in very good condition we estimate a sale value of £167,603 and a rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,449 and a rental value of £726 per month.
Over the last 12 months the sale value of 2 Shirley Cottages Merritts Hill Redruth has decreased by an estimated £2,969 (1.9%) and its rental value has increased by an estimated £39 per month (5.0%), giving an expected gross yield of 5.9%.
2 Shirley Cottages, Merritts Hill, Redruth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
According to HM Land Registry, 2 Shirley Cottages, Merritts Hill, Redruth was last sold on 31st May 2023 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 930 metres radius of 2 Shirley Cottages, Merritts Hill, Redruth over the last 2 years.
The most recent example is 2, Merritts Hill, Redruth, TR16 4HD, a freehold house which sold for £200,000 on the 5th June 2025.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merritts Hill, Illogan, Redruth, TR16 has a total of 81 addresses. According to our analysis of all the public data, 2 Shirley Cottages, Merritts Hill, Redruth is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in TR16.
The closest station to 2 Shirley Cottages, Merritts Hill, Redruth is Redruth station which is 2.6 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Shirley Cottages, Merritts Hill, Redruth, 64.8% of property is privately owned outright and 27.0% 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 2 Shirley Cottages, Merritts Hill, Redruth, 12.3% of residents are recorded as possessing school level qualifications and 30.9% 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 2 Shirley Cottages, Merritts Hill, Redruth, 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 2 Shirley Cottages, Merritts Hill, Redruth, 0.6% 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 Shirley Cottages, Merritts Hill, Redruth, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
