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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, Pentreath Close, Redruth is a modern freehold house with 1,302 ft2 of internal area and sits on a 444 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Pentreath Close, Redruth is £360,963 and the estimated rental value is £1,512 per month.
Pentreath Close, Lanner, Redruth, TR16 is located within the TR16 postal district.
2, Pentreath Close, Redruth has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Pentreath Close, Redruth is in very good condition we estimate a sale value of £379,011 and a rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,696 and a rental value of £1,407 per month.
Over the last 12 months the sale value of 2 Pentreath Close Redruth has decreased by an estimated £18,555 (5.1%) and its rental value has increased by an estimated £37 per month (2.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Pentreath Close, Redruth sits on a plot of 444m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Pentreath Close, Redruth sits on the largest plot.
2, Pentreath Close, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Pentreath Close, Redruth was last sold on 22nd July 2024 for £337,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pentreath Close, Redruth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 10, Murtons Terrace, Redruth, TR16 6HW, a freehold house which sold for £411,000 on the 3rd May 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pentreath Close, Lanner, Redruth, TR16 has a total of 4 addresses. According to our analysis of all the public data, 2, Pentreath Close, Redruth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in TR16.
The closest station to 2, Pentreath Close, Redruth is Redruth station which is 2.8 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, Pentreath Close, Redruth, 55.9% of property is privately owned outright and 32.2% 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, Pentreath Close, Redruth, 10.1% of residents are recorded as possessing school level qualifications and 33.6% 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, Pentreath Close, Redruth, the average age was 45.1 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 2, Pentreath 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 2, Pentreath Close, Redruth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
