7, Merritts Hill
7, Merritts Hill
Description & Estimates
According to the public record, 7, Merritts Hill, Redruth is a period house with 861 ft2 of internal area and sits on a 464 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Merritts Hill, Redruth is £322,391 and the estimated rental value is £1,263 per month.
Merritts Hill, Illogan, Redruth, TR16 is located within the TR16 postal district.
Our Data Sources
7, Merritts Hill, Redruth has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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 7, Merritts Hill, Redruth is in very good condition we estimate a sale value of £338,510 and a rental value of £1,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,823 and a rental value of £1,174 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Merritts Hill, Redruth has decreased by £7,753 (2.4%), while its estimated rental value has grown by £55 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Plot Size
According to data from HM Land Registry, 7, Merritts Hill, Redruth sits on a plot of 464 m2.
We have plot size data on 32 out of 38 other houses in the postcode and 7, Merritts Hill, Redruth sits on the 21st largest plot.
Energy Efficiency
7, Merritts Hill, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Merritts Hill, Redruth within a radius of 840 metres over the last 2 years.
The most recent example is Zennor Cottage, Richards Lane, Redruth, TR16 4DQ, a freehold house which sold for £315,000 on the 28th October 2021.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merritts Hill, Illogan, Redruth, TR16 has a total of 81 addresses. According to our analysis of all the public data, 7, Merritts Hill, Redruth is the 63rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in TR16.
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Schools Nearby
- 900mTreloweth Community Primary School
- 1.3kmIllogan School
- 2.5kmPennoweth Primary School
- 1.5kmPool Academy
- 1.7kmRedruth School
- 4.7kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to 7, Merritts Hill, Redruth is Redruth station, which is 2.6 kilometres away.
- 2.6kmRedruth
- 4.2kmCamborne
- 10.9kmPerranwell
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
