Our Data Sources
5, Reades Way, Redruth has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
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
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, Reades Way, Redruth is in very good condition we estimate a sale value of £290,986 and a rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,731 and a rental value of £1,149 per month.
Energy Efficiency
5, Reades Way, Redruth has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 12 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using air source heat pump (underfloor, electric).
Sold Prices
According to HM Land Registry, 5, Reades Way, Redruth was last sold on 30th June 2023 for £287,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped by 8.4%.
- Sold Jun 2023£287,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 124 sales of properties similar to 5, Reades Way, Redruth within a radius of 780 metres since 2023.
The most recent example is 7, Trefula Road, Redruth, TR15 3GL, a freehold house which sold for £1,380,000 on the 30th April 2025.
Read more about house prices in TR15.
- Sold Apr 2025£1,380,000 | 3 Bed House7, Trefula Road, Redruth, TR15 3GL7, Trefula Road, Redruth, TR15 3GL
- Sold Apr 2025£543,759 | 3 Bed House1, Wheal Raven Way, Redruth, TR15 3GQ1, Wheal Raven Way, Redruth, TR15 3GQ
- Sold Mar 2025£534,759 | 3 Bed House18, Lily Way, Redruth, TR15 3GR18, Lily Way, Redruth, TR15 3GR
- Sold Jan 2025£250,000 | 3 Bed House4, Cupid Drive, Redruth, TR15 3GS4, Cupid Drive, Redruth, TR15 3GS
- Sold Aug 2024£282,500 | 3 Bed House8, Cupid Drive, Redruth, TR15 3GS8, Cupid Drive, Redruth, TR15 3GS
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £280,093, ranging from £139,209 to £366,332.
- 6 Reades Way
3 Bed House | 7 m | Est. Value: £277,130
- 4 Reades Way
3 Bed House | 13 m | Est. Value: £277,130
- 3 Reades Way
3 Bed House | 21 m | Est. Value: £277,130
- 2 Penandrea Road
3 Bed House | 29 m | Est. Value: £291,646
- 1 Penandrea Road
3 Bed House | 30 m | Est. Value: £261,615
Location Comparison
Reades Way, Tolgus, Redruth, TR15 has a total of 6 addresses. According to our analysis of all the public data, 5, Reades Way, Redruth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in TR15.
More reading links
Schools Nearby
- Trewirgie Infants' School1.0 km away
- Trewirgie Junior School1.0 km away
- Pennoweth Primary School1.2 km away
- Redruth School200 m away
- Pool Academy2.2 km away
- Camborne Science and International Academy5.5 km away
More reading links
Public Transport Nearby
- Redruth|1.1 km away
- Camborne|4.8 km away
- Perranwell|9.4 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
