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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, 5, Broad Lane, Redruth is a period freehold house with 465 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Broad Lane, Redruth is £161,487 and the estimated rental value is £864 per month.
Broad Lane, Illogan, Redruth, TR15 is located within the TR15 postal district.
5, Broad Lane, Redruth has 51 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated October 2008.
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 5, Broad Lane, Redruth is in very good condition we estimate a sale value of £169,562 and a rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,183 and a rental value of £803 per month.
Over the last 12 months the sale value of 5 Broad Lane Redruth has decreased by an estimated £3,707 (2.3%) and its rental value has increased by an estimated £38 per month (4.5%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 5, Broad Lane, Redruth sits on a plot of 146m2.
We have plot size data on 23 out of 41 other houses in the postcode and 5, Broad Lane, Redruth sits on the 19th largest plot.
5, Broad Lane, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Broad Lane, Redruth was last sold on 3rd March 2016 for £136,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since March 2016, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Broad Lane, Redruth within a radius of 780 metres over the last 2 years.
The most recent example is 2 The Cottages, Higher Broad Lane, Redruth, TR15 3JW, a freehold house which sold for £135,000 on the 24th September 2021.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Illogan, Redruth, TR15 has a total of 46 addresses. According to our analysis of all the public data, 5, Broad Lane, Redruth is the 42nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in TR15.
The closest station to 5, Broad Lane, Redruth is Redruth station which is 2.5 kilometres away.
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.
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 5, Broad Lane, Redruth, 53.9% of property is privately owned outright and 24.4% 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 5, Broad Lane, Redruth, 14.7% of residents are recorded as possessing school level qualifications and 23.4% 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 5, Broad Lane, Redruth, the average age was 41.2 and the most common age was 52.
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 5, Broad Lane, 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 5, Broad Lane, Redruth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
