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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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According to the public record, 39, Pennance Parc, Redruth is a modern freehold house with 979 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Pennance Parc, Redruth is £323,899 and the estimated rental value is £1,368 per month.
Pennance Parc, Lanner, Redruth, TR16 is located within the TR16 postal district.
39, Pennance Parc, Redruth has 41 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 39, Pennance Parc, Redruth is in very good condition we estimate a sale value of £340,094 and a rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,227 and a rental value of £1,272 per month.
Over the last 12 months the sale value of 39 Pennance Parc Redruth has decreased by an estimated £12,624 (3.9%) and its rental value has increased by an estimated £57 per month (4.1%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 39, Pennance Parc, Redruth sits on a plot of 231m2.
We have plot size data on 25 out of 29 other houses in the postcode and 39, Pennance Parc, Redruth sits on the 24th largest plot.
39, Pennance Parc, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 39, Pennance Parc, Redruth was last sold on 14th November 2014 for £188,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since November 2014, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Pennance Parc, Redruth within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Chyrosen, Higher Pennance, Redruth, TR16 5TQ, a freehold house which sold for £375,000 on the 27th September 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennance Parc, Lanner, Redruth, TR16 has a total of 29 addresses. According to our analysis of all the public data, 39, Pennance Parc, Redruth is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in TR16.
The closest station to 39, Pennance Parc, Redruth is Redruth station which is 2.3 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Pennance Parc, Redruth, 59.3% of property is privately owned outright and 30.9% 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 39, Pennance Parc, Redruth, 19.4% of residents are recorded as possessing school level qualifications and 29.8% 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 39, Pennance Parc, Redruth, the average age was 45.1 and the most common age was 57.
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 39, Pennance Parc, Redruth, 0.0% 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 39, Pennance Parc, Redruth, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
