4 The Pit, Redruth
4 The Pit, Redruth
Description & Estimates
Public records show 4 The Pit, Redruth to be a period freehold house with 731 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4 The Pit, Redruth has an estimated sale value of £265,492 and an estimated rental value of £1,158 per month, assuming reasonable condition and based on the information available.
Wheal Buller, Redruth, TR16 lies within the TR16 postal district.
Our Data Sources
4 The Pit, Redruth has 31 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated May 2014.
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.
Price Range & Condition
In very good condition, we estimate 4 The Pit, Redruth would be worth £278,767, with a potential rental value of £1,216 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,908, with a rental value of £1,077 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4 The Pit, Redruth has dropped by £6,385 (2.4%) over the last year. During the same period, its estimated monthly rental value has risen by £50 (4.4%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
4 The Pit, Redruth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 20 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
4 The Pit, Redruth last changed hands on 14th August 2017, selling for £192,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 38.5% since August 2017.
- Sold Aug 2017£192,000
- Sold Dec 2014£178,000
- Sold Dec 1997£42,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 4 The Pit, Redruth across the last 2 years.
Most recently, 6, Penventon Terrace, Redruth, TR16 6QX, a freehold house, sold at £280,000 on the 30th September 2022.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 4 The Pit, Redruth as the 14th largest and the 14th most expensive of the 16 addresses on Wheal Buller, Redruth, TR16.
Against the TR16 postcode district average, it is £52k less expensive than the typical property.
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Schools Nearby
- 1.1kmPencoys Primary School
- 2.0kmTrewirgie Infants' School
- 2.1kmTrewirgie Junior School
- 2.6kmRedruth School
- 3.6kmPool Academy
- 6.0kmCamborne Science and International Academy
More reading links
Public Transport Nearby
Redruth station is the nearest stop to 4 The Pit, Redruth at 2.4 kilometres away.
- 2.4kmRedruth
- 4.9kmCamborne
- 8.3kmPerranwell
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
