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25, Tregea Close, Redruth is described in the public record as a modern apartment with 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 25, Tregea Close, Redruth is £110,416 and its rental estimate is £637 per month, given the available information and assuming reasonable condition.
Tregea Close, Portreath, Redruth, TR16 falls within the TR16 postal district.
25, Tregea Close, Redruth has no records in the the Land Registry and a single entry in the EPC database dated May 2012.
We combine this information with public data 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 25, Tregea Close, Redruth, we estimate a market value of £115,937 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £102,687 and £592 per month respectively.
Over the last year, 25, Tregea Close, Redruth has seen its estimated sale value drop by £1,896 (1.7%) and its estimated rental value rise by £34 per month (5.3%). This results in an estimated gross rental yield of 6.9%.
25, Tregea Close, Redruth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, electric.
Over the past 2 years 1 property similar to 25, Tregea Close, Redruth has sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th May 2023, was 28, Tregea Close, Redruth, TR16 4TR, a leasehold flat which sold for £102,849.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 40 addresses on Tregea Close, Portreath, Redruth, TR16, 25, Tregea Close, Redruth comes out as the 36th largest and the 36th most expensive in our analysis of the public data.
It is also £207k less expensive than the average property across the TR16 district.
From 25, Tregea Close, Redruth, the nearest station is Camborne, 5.1 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 25, Tregea Close, Redruth, 43.9% of property is privately owned outright and 29.8% 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 25, Tregea Close, Redruth, 16.7% of residents are recorded as possessing school level qualifications and 47.0% 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 25, Tregea Close, Redruth, the average age was 45.4 and the most common age was 62.
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 25, Tregea Close, Redruth, 0.8% 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 25, Tregea Close, Redruth, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.