28, Tregea Close
28, Tregea Close
Description & Estimates
According to the public record, 28, Tregea Close, Redruth is a modern leasehold apartment with 635 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 28, Tregea Close, Redruth is £107,306 and the estimated rental value is £636 per month.
Tregea Close, Portreath, Redruth, TR16 is located within the TR16 postal district.
Our Data Sources
28, Tregea Close, Redruth has 2 entries in the Land Registry , most recently in May 2023 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.
Price Range & Condition
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 28, Tregea Close, Redruth is in very good condition we estimate a sale value of £112,671 and a rental value of £668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,795 and a rental value of £591 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 28, Tregea Close, Redruth has fallen by £1,843 (1.7%), while its estimated rental value has moved up by £33 per month (5.3%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
28, 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.
Sold Prices
According to HM Land Registry, 28, Tregea Close, Redruth was last sold on 5th May 2023 for £102,849 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped by 5.2%.
- Sold May 2023£102,849
- Sold Nov 2017£82,781
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 2.3 kilometres of 28, Tregea Close, Redruth over the last 2 years.
The most recent example is 30, Tregea Close, Redruth, TR16 4TR, a freehold house which sold for £146,767 on the 11th November 2022.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Tregea Close, Portreath, Redruth, TR16 has a total of 40 addresses. According to our analysis of all the public data, 28, Tregea Close, Redruth is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in TR16.
More reading links
Schools Nearby
- 700mPortreath Community Primary School
- 1.5kmIllogan School
- 3.4kmTreloweth Community Primary School
- 3.3kmPool Academy
- 4.3kmRedruth School
- 4.9kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to 28, Tregea Close, Redruth is Camborne station, which is 5.1 kilometres away.
- 5.1kmCamborne
- 5.1kmRedruth
- 12.1kmHayle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
