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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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27, Tregea Close, Redruth is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 27, Tregea Close, Redruth is £93,515 and its rental estimate is £615 per month, given the available information and assuming reasonable condition.
Tregea Close, Portreath, Redruth, TR16 falls within the TR16 postal district.
27, Tregea Close, Redruth has 2 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated May 2012.
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 27, Tregea Close, Redruth, we estimate a market value of £98,191 and a rental value of £645 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,969 and £572 per month respectively.
Over the last year, 27, Tregea Close, Redruth has seen its estimated sale value move down by £1,606 (1.7%) and its estimated rental value increase by £32 per month (5.3%). This results in an estimated gross rental yield of 7.9%.
27, Tregea Close, Redruth has an Energy Performance Rating (EPC) of C. 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.
The most recent sale of 27, Tregea Close, Redruth completed on 8th August 2017 at £85,155 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.4% over the period since August 2017.
Over the past 2 years 3 properties similar to 27, Tregea Close, Redruth have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2024, was 115, Coronation Road, Redruth, TR16 4SG, a leasehold flat which sold for £92,500.
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, 27, Tregea Close, Redruth comes out as the 40th largest and the 40th most expensive in our analysis of the public data.
It is also £224k less expensive than the average property across the TR16 district.
From 27, 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 27, 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 27, 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 27, 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 27, 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 27, 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.
