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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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55, Crembling Well, Redruth appears in the public record as a freehold house sitting on a 494 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,166 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 55, Crembling Well, Redruth is £369,380 and its rental estimate is £1,371 per month, given the available information and assuming reasonable condition.
Crembling Well, Barncoose, Redruth, TR15 falls within the TR15 postal district.
55, Crembling Well, Redruth has a single entry in the Land Registry from August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 55, Crembling Well, Redruth, we estimate a market value of £387,849 and a rental value of £1,440 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £343,523 and £1,275 per month respectively.
Over the last year, 55, Crembling Well, Redruth has seen its estimated sale value fall by £10,118 (2.7%) and its estimated rental value move up by £57 per month (4.1%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 55, Crembling Well, Redruth as measuring 494 m2.
That makes it the 25th largest plot in the postcode, where 58 of the 62 other houses have recorded plot data.
The most recent sale of 55, Crembling Well, Redruth completed on 27th August 2010 at £237,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 80.5% over the period since August 2010.
Over the past 2 years 3 properties similar to 55, Crembling Well, Redruth have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2022, was 57, Crembling Well, Redruth, TR15 3EA, a freehold house which sold for £410,000.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Crembling Well, Barncoose, Redruth, TR15, 55, Crembling Well, Redruth comes out as the 27th largest and the 28th most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the TR15 district.
From 55, Crembling Well, Redruth, the nearest station is Redruth, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Crembling Well, Redruth, 35.1% of property is privately owned outright and 28.4% 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 55, Crembling Well, Redruth, 24.0% of residents are recorded as possessing school level qualifications and 20.8% 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 55, Crembling Well, 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 55, Crembling Well, 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 55, Crembling Well, Redruth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
