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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, Reades Way, Redruth is a modern 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, Reades Way, Redruth is £153,802 and the estimated rental value is £780 per month.
Reades Way, Tolgus, Redruth, TR15 is located within the TR15 postal district.
2, Reades Way, Redruth has no records in the the Land Registry and a single entry in the EPC database dated July 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.
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, Reades Way, Redruth is in very good condition we estimate a sale value of £161,492 and a rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,036 and a rental value of £726 per month.
Over the last 12 months the sale value of 2 Reades Way Redruth has decreased by an estimated £3,532 (2.3%) and its rental value has increased by an estimated £37 per month (4.8%), giving an expected gross yield of 6.1%.
2, Reades Way, Redruth has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 19 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reades Way, Redruth within a radius of 760 metres over the last 2 years.
The most recent example is 8 Edwards Apartments, Gweal Pawl, Redruth, TR15 3AE, a leasehold flat which sold for £156,000 on the 27th June 2025.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reades Way, Tolgus, Redruth, TR15 has a total of 6 addresses. According to our analysis of all the public data, 2, Reades Way, Redruth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in TR15.
The closest station to 2, Reades Way, Redruth is Redruth station which is 1.1 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, Reades Way, Redruth, 50.9% of property is privately owned outright and 23.2% 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, Reades Way, Redruth, 10.6% of residents are recorded as possessing school level qualifications and 31.9% 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, Reades Way, Redruth, the average age was 41.9 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, Reades Way, Redruth, 0.4% 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, Reades Way, Redruth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
