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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, 56, West End, Redruth is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 414 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, West End, Redruth is £92,210 and the estimated rental value is £630 per month.
West End, Redruth, TR15 is located within the TR15 postal district.
56, West End, Redruth has a single entry in the Land Registry from September 2020 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.
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, West End, Redruth is in very good condition we estimate a sale value of £96,820 and a rental value of £662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,755 and a rental value of £586 per month.
Over the last 12 months the sale value of 56 West End Redruth has decreased by an estimated £1,096 (1.2%) and its rental value has increased by an estimated £42 per month (6.6%), giving an expected gross yield of 8.2%.
According to HM Land Registry, 56, West End, Redruth was last sold on 24th September 2020 for £91,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, West End, Redruth within a radius of 530 metres over the last 2 years.
The most recent example is 16, Green Lane, Redruth, TR15 1JT, a leasehold flat which sold for £105,000 on the 5th July 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West End, Redruth, TR15 has a total of 146 addresses. According to our analysis of all the public data, 56, West End, Redruth is the 126th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in TR15.
The closest station to 56, West End, Redruth is Redruth station which is 400 metres 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 56, West End, Redruth, 29.8% of property is privately owned with a mortgage and 29.8% is privately rented.
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 56, West End, Redruth, 19.2% of residents are recorded as possessing school level qualifications and 30.7% 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 56, West End, Redruth, the average age was 42.1 and the most common age was 32.
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 56, West End, Redruth, 0.6% 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 56, West End, Redruth, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
