3, Maythorn Meadow
3, Maythorn Meadow
Description & Estimates
3, Maythorn Meadow, Redruth is recorded publicly as a modern freehold house across 1,151 ft2 of internal area, sitting on a 474 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Maythorn Meadow, Redruth is £410,515 and its rental estimate is £1,363 per month, given the available information and assuming reasonable condition.
Maythorn Meadow, Park Bottom, Redruth, TR15 falls within the TR15 postal district.
Our Data Sources
3, Maythorn Meadow, Redruth has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 3, Maythorn Meadow, Redruth, we estimate a market value of £431,041 and a rental value of £1,431 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £381,779 and £1,267 per month respectively.
Recent Market Change
Over the last year, 3, Maythorn Meadow, Redruth has seen its estimated sale value drop by £11,245 (2.7%) and its estimated rental value rise by £56 per month (4.1%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 3, Maythorn Meadow, Redruth as measuring 474 m2.
That makes it the 5th largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
3, Maythorn Meadow, Redruth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Maythorn Meadow, Redruth completed on 12th May 2022 at £435,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.8% over the period since May 2022.
- Sold May 2022£435,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Maythorn Meadow, Redruth have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th April 2022, was 2, Maythorn Meadow, Redruth, TR15 3GG, a freehold house which sold for £435,000.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Maythorn Meadow, Park Bottom, Redruth, TR15, 3, Maythorn Meadow, Redruth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the TR15 district.
More reading links
Schools Nearby
- 1.1kmTreloweth Community Primary School
- 1.2kmIllogan School
- 2.5kmPortreath Community Primary School
- 1.3kmPool Academy
- 2.2kmRedruth School
- 4.3kmCamborne Science and International Academy
More reading links
Public Transport Nearby
From 3, Maythorn Meadow, Redruth, the nearest station is Redruth, 3.1 kilometres away.
- 3.1kmRedruth
- 3.9kmCamborne
- 11.4kmPerranwell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
