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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
According to the public record, 1A, Redannick Lane, Truro is a modern freehold house with 1,840 ft2 of internal area and sits on a 387 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, Redannick Lane, Truro is £503,257 and the estimated rental value is £1,723 per month.
Redannick Lane, Truro, TR1 is located within the TR1 postal district.
1A, Redannick Lane, Truro has 41 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that 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.
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 1A, Redannick Lane, Truro is in very good condition we estimate a sale value of £528,420 and a rental value of £1,809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,029 and a rental value of £1,603 per month.
Over the last 12 months the sale value of 1A Redannick Lane Truro has decreased by an estimated £31,222 (6.2%) and its rental value has increased by an estimated £24 per month (1.4%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 1A, Redannick Lane, Truro sits on a plot of 387m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1A, Redannick Lane, Truro sits on the 3rd largest plot.
1A, Redannick Lane, Truro has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2023.
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, 1A, Redannick Lane, Truro was last sold on 8th July 2024 for £550,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2024, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Redannick Lane, Truro within a radius of 530 metres over the last 2 years.
The most recent example is 1, Rosva Nansavalen, Truro, TR1 2FR, a freehold house which sold for £705,000 on the 20th December 2024.
Read more about house prices in TR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redannick Lane, Truro, TR1 has a total of 57 addresses. According to our analysis of all the public data, 1A, Redannick Lane, Truro is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £185k more expensive than the average property in TR1.
The closest station to 1A, Redannick Lane, Truro is Truro station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Redannick Lane, Truro, 35.9% of property is privately owned outright and 31.0% 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 1A, Redannick Lane, Truro, 19.5% of residents are recorded as possessing school level qualifications and 48.8% 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 1A, Redannick Lane, Truro, the average age was 43.4 and the most common age was 27.
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 1A, Redannick Lane, Truro, 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 1A, Redannick Lane, Truro, 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.
