5, Martinvale Parc
5, Martinvale Parc
Description & Estimates
Public records show 5, Martinvale Parc, Redruth to be a mid-century freehold house with 850 ft2 of internal area, sitting on a 413 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Martinvale Parc, Redruth has an estimated sale value of £297,934 and an estimated rental value of £1,308 per month, assuming reasonable condition and based on the information available.
Martinvale Parc, Mount Ambrose, Redruth, TR15 lies within the TR15 postal district.
Our Data Sources
5, Martinvale Parc, Redruth has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Martinvale Parc, Redruth would be worth £312,831, with a potential rental value of £1,374 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £277,079, with a rental value of £1,217 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 5, Martinvale Parc, Redruth has fallen by £8,161 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £54 (4.1%). The property's estimated gross yield is currently 5.3%.
Plot Size
5, Martinvale Parc, Redruth occupies a 413 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
5, Martinvale Parc, Redruth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 02 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
5, Martinvale Parc, Redruth last changed hands on 12th February 2015, selling for £189,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 72.4% since February 2015.
- Sold Feb 2015£189,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 5, Martinvale Parc, Redruth across the last 2 years.
Most recently, 2, Boscoppa Close, Redruth, TR15 1NT, a freehold house, sold at £308,000 on the 13th September 2023.
Read more about house prices in TR15.
- Sold Sep 2023£308,000 | 3 Bed House2, Boscoppa Close, Redruth, TR15 1NT2, Boscoppa Close, Redruth, TR15 1NT
- Sold Mar 2022£250,000 | 3 Bed House4, Treganoon Road, Redruth, TR15 1NN4, Treganoon Road, Redruth, TR15 1NN
- Sold Feb 2020£210,000 | 3 Bed House12, Boscoppa Close, Redruth, TR15 1NT12, Boscoppa Close, Redruth, TR15 1NT
•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 5, Martinvale Parc, Redruth as the 11th largest and the 6th most expensive of the 26 addresses on Martinvale Parc, Mount Ambrose, Redruth, TR15.
Against the TR15 postcode district average, it is £7k less expensive than the typical property.
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Schools Nearby
- 700mTreleigh Community Primary School
- 1.5kmPennoweth Primary School
- 2.2kmTrewirgie Junior School
- 2.4kmRedruth School
- 4.7kmPool Academy
- 7.8kmRichard Lander School
More reading links
Public Transport Nearby
Redruth station is the nearest stop to 5, Martinvale Parc, Redruth at 1.8 kilometres away.
- 1.8kmRedruth
- 7.3kmCamborne
- 7.8kmPerranwell
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
