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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, 8, Merritts Way, Redruth is a modern freehold house with 784 ft2 of internal area and sits on a 432 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 8, Merritts Way, Redruth is £307,180 and the estimated rental value is £1,158 per month.
Merritts Way, Pool, Redruth, TR15 is located within the TR15 postal district.
8, Merritts Way, Redruth has 31 entries in the Land Registry , most recently in May 2009 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Merritts Way, Redruth is in very good condition we estimate a sale value of £322,539 and a rental value of £1,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,677 and a rental value of £1,077 per month.
Over the last 12 months the sale value of 8 Merritts Way Redruth has decreased by an estimated £8,415 (2.7%) and its rental value has increased by an estimated £48 per month (4.1%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 8, Merritts Way, Redruth sits on a plot of 432m2.
We have plot size data on 65 out of 65 other houses in the postcode and 8, Merritts Way, Redruth sits on the 21st largest plot.
8, Merritts Way, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Merritts Way, Redruth was last sold on 22nd May 2009 for £175,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2009, the market for similar properties has risen 60.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Merritts Way, Redruth within a radius of 730 metres over the last 2 years.
The most recent example is 4, Wheal Agar, Redruth, TR15 3QL, a freehold house which sold for £317,500 on the 19th December 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merritts Way, Pool, Redruth, TR15 has a total of 65 addresses. According to our analysis of all the public data, 8, Merritts Way, Redruth is the 46th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in TR15.
The closest station to 8, Merritts Way, Redruth is Redruth station which is 2.9 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 8, Merritts Way, Redruth, 60.3% of property is privately owned outright and 24.8% 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 8, Merritts Way, Redruth, 14.5% of residents are recorded as possessing school level qualifications and 22.7% 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 8, Merritts Way, 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 8, Merritts Way, 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 8, Merritts Way, Redruth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
