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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, Penventon Terrace, Redruth is a period freehold house with 1,044 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 2, Penventon Terrace, Redruth is £294,209 and the estimated rental value is £1,284 per month.
Penventon Terrace, Redruth, TR15 is located within the TR15 postal district.
2, Penventon Terrace, Redruth has 2 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Penventon Terrace, Redruth is in very good condition we estimate a sale value of £308,919 and a rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,614 and a rental value of £1,194 per month.
Over the last 12 months the sale value of 2 Penventon Terrace Redruth has decreased by an estimated £11,116 (3.8%) and its rental value has increased by an estimated £52 per month (4.1%), giving an expected gross yield of 5.2%.
2, Penventon Terrace, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 2, Penventon Terrace, Redruth was last sold on 28th August 2015 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2015, the market for similar properties has risen 59.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Penventon Terrace, Redruth within a radius of 640 metres over the last 2 years.
The most recent example is 8, Coach Lane, Redruth, TR15 2TP, a freehold house which sold for £310,000 on the 18th August 2023.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penventon Terrace, Redruth, TR15 has a total of 23 addresses. According to our analysis of all the public data, 2, Penventon Terrace, Redruth is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in TR15.
The closest station to 2, Penventon Terrace, Redruth is Redruth station which is 800 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Penventon Terrace, 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, Penventon Terrace, 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, Penventon Terrace, 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, Penventon Terrace, 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.
