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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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23, Crembling Well, Redruth is recorded publicly as a modern freehold house across 968 ft2 of internal area, sitting on a 620 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Crembling Well, Redruth is £356,164 and its rental estimate is £1,283 per month, given the available information and assuming reasonable condition.
Crembling Well, Barncoose, Redruth, TR15 falls within the TR15 postal district.
23, Crembling Well, Redruth has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated August 2020.
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.
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 23, Crembling Well, Redruth, we estimate a market value of £373,973 and a rental value of £1,348 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £331,233 and £1,194 per month respectively.
Over the last year, 23, Crembling Well, Redruth has seen its estimated sale value decline by £9,756 (2.7%) and its estimated rental value climb by £53 per month (4.1%). This results in an estimated gross rental yield of 4.3%.
HM Land Registry records the plot of land for 23, Crembling Well, Redruth as measuring 620 m2.
That makes it the 8th largest plot in the postcode, where 58 of the 62 other houses have recorded plot data.
23, Crembling Well, Redruth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Crembling Well, Redruth completed on 6th November 2020 at £352,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 40.8% over the period since November 2020.
Over the past 2 years 3 properties similar to 23, Crembling Well, Redruth have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was 19, Crembling Well, Redruth, TR15 3EA, a freehold house which sold for £370,000.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Crembling Well, Barncoose, Redruth, TR15, 23, Crembling Well, Redruth comes out as the 49th largest and the 37th most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the TR15 district.
From 23, Crembling Well, Redruth, the nearest station is Redruth, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Crembling Well, Redruth, 35.1% of property is privately owned outright and 28.4% 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 23, Crembling Well, Redruth, 24.0% of residents are recorded as possessing school level qualifications and 20.8% 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 23, Crembling Well, 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 23, Crembling Well, 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 23, Crembling Well, Redruth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
