56, Green Lane
56, Green Lane
Description & Estimates
According to the public record, 56, Green Lane, Redruth is a freehold house that sits on a 224 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 1,144 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Green Lane, Redruth is £127,208 and the estimated rental value is £628 per month.
Green Lane, Redruth, TR15 is located within the TR15 postal district.
Our Data Sources
56, Green Lane, Redruth has 21 entries in the Land Registry , most recently in April 2023 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 1 out of 5 and is considered of low 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 56, Green Lane, Redruth is in very good condition we estimate a sale value of £133,569 and a rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,304 and a rental value of £584 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 56, Green Lane, Redruth has declined by £3,485 (2.7%), while its estimated rental value has climbed by £26 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 56, Green Lane, Redruth sits on a plot of 224 m2.
We have plot size data on 7 out of 11 other houses in the postcode and 56, Green Lane, Redruth sits on the 5th largest plot.
Sold Prices
According to HM Land Registry, 56, Green Lane, Redruth was last sold on 27th April 2023 for £188,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2023, the market for similar properties has risen by 31.9%.
- Sold Apr 2023£188,000
- Sold Jul 2006£173,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Green Lane, Redruth within a radius of 500 metres over the last 2 years.
The most recent example is 1 Nursery Row, Green Lane, Redruth, TR15 1LH, a freehold house which sold for £285,000 on the 8th February 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Green Lane, Redruth, TR15 has a total of 133 addresses. According to our analysis of all the public data, 56, Green Lane, Redruth is the 19th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in TR15.
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Schools Nearby
- 200mPennoweth Primary School
- 700mTrewirgie Junior School
- 800mTrewirgie Infants' School
- 700mRedruth School
- 3.1kmPool Academy
- 6.4kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to 56, Green Lane, Redruth is Redruth station, which is 400 metres away.
- 400mRedruth
- 5.7kmCamborne
- 8.6kmPerranwell
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
