2 Park Cottages, Redruth
2 Park Cottages, Redruth
Description & Estimates
2 Park Cottages, Redruth is described in the public record as a period house with 871 ft2 of internal area, sitting on a 361 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Park Cottages, Redruth is £338,042 and its rental estimate is £1,259 per month, given the available information and assuming reasonable condition.
Scorrier, Redruth, TR16 falls within the TR16 postal district.
Our Data Sources
2 Park Cottages, Redruth has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Park Cottages, Redruth, we estimate a market value of £354,944 and a rental value of £1,321 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,379 and £1,170 per month respectively.
Recent Market Change
Over the last year, 2 Park Cottages, Redruth has seen its estimated sale value decrease by £8,130 (2.4%) and its estimated rental value grow by £55 per month (4.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 2 Park Cottages, Redruth as measuring 361 m2.
That makes it the largest plot in the postcode, where 2 of the 6 other houses have recorded plot data.
Energy Efficiency
2 Park Cottages, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2023.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Park Cottages, Redruth have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 6 Rabys Row, Redruth, TR16 5AW, a freehold house which sold for £337,500.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 69 addresses on Scorrier, Redruth, TR16, 2 Park Cottages, Redruth comes out as the 53rd largest and the 43rd most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the TR16 district.
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Schools Nearby
- 2.0kmTreleigh Community Primary School
- 2.1kmSt Day and Carharrack Community School
- 2.2kmBlackwater Community Primary School
- 3.8kmRedruth School
- 6.1kmPool Academy
- 6.5kmRichard Lander School
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Public Transport Nearby
From 2 Park Cottages, Redruth, the nearest station is Redruth, 3.2 kilometres away.
- 3.2kmRedruth
- 7.1kmPerranwell
- 8.8kmCamborne
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
