38, Penhale Estate
38, Penhale Estate
Description & Estimates
38, Penhale Estate, Redruth is recorded publicly as a modern freehold house across 692 ft2 of internal area, sitting on a 373 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 38, Penhale Estate, Redruth is £219,774 and its rental estimate is £1,069 per month, given the available information and assuming reasonable condition.
Penhale Estate, Redruth, TR15 falls within the TR15 postal district.
Our Data Sources
38, Penhale Estate, Redruth has 2 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated July 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 38, Penhale Estate, Redruth, we estimate a market value of £230,763 and a rental value of £1,123 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,390 and £994 per month respectively.
Recent Market Change
Over the last year, 38, Penhale Estate, Redruth has seen its estimated sale value decrease by £5,046 (2.3%) and its estimated rental value grow by £48 per month (4.5%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 38, Penhale Estate, Redruth as measuring 373 m2.
That makes it the 3rd largest plot in the postcode, where 40 of the 47 other houses have recorded plot data.
Energy Efficiency
38, Penhale Estate, Redruth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Penhale Estate, Redruth completed on 25th February 2011 at £155,000 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 93.0% over the period since February 2011.
- Sold Feb 2011£155,000
- Sold Aug 2009£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Penhale Estate, Redruth have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2023, was 36, Penhale Estate, Redruth, TR15 1HG, a freehold house which sold for £204,000.
Read more about house prices in TR15.
- Sold Feb 2023£204,000 | 2 Bed House36, Penhale Estate, Redruth, TR15 1HG36, Penhale Estate, Redruth, TR15 1HG
- Sold Apr 2018£157,000 | 2 Bed House46, Penhale Estate, Redruth, TR15 1HG46, Penhale Estate, Redruth, TR15 1HG
- Sold Dec 2017£160,000 | 3 Bed House39, Penhale Estate, Redruth, TR15 1HG39, Penhale Estate, Redruth, TR15 1HG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Penhale Estate, Redruth, TR15, 38, Penhale Estate, Redruth comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the TR15 district.
More reading links
Schools Nearby
- 300mPennoweth Primary School
- 900mTreleigh Community Primary School
- 1.1kmTrewirgie Junior School
- 1.0kmRedruth School
- 3.4kmPool Academy
- 6.7kmCamborne Science and International Academy
More reading links
Public Transport Nearby
From 38, Penhale Estate, Redruth, the nearest station is Redruth, 700 metres away.
- 700mRedruth
- 6.0kmCamborne
- 8.6kmPerranwell
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
