5A The Lofts, Gweal Pawl
5A The Lofts, Gweal Pawl
Description & Estimates
The public record describes 5A The Lofts, Gweal Pawl, Redruth as a modern apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5A The Lofts, Gweal Pawl, Redruth has an estimated sale value of £113,974 and an estimated rental value of £701 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Gweal Pawl, Redruth, TR15.
Gweal Pawl, Redruth, TR15 lies within the TR15 postal district.
Our Data Sources
5A The Lofts, Gweal Pawl, Redruth has no records in the the Land Registry and a single entry in the EPC database dated December 2017.
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
In very good condition, we estimate 5A The Lofts, Gweal Pawl, Redruth would be worth £119,672, with a potential rental value of £736 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £105,995, with a rental value of £652 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5A The Lofts, Gweal Pawl, Redruth has fallen by £2,617 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (4.8%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
5A The Lofts, Gweal Pawl, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Dec 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of 5A The Lofts, Gweal Pawl, Redruth across the last 2 years.
Most recently, 5 Edwards Apartments, Gweal Pawl, Redruth, TR15 3AE, a leasehold flat, sold at £130,000 on the 28th February 2023.
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
Our analysis of the public data ranks 5A The Lofts, Gweal Pawl, Redruth as the 110th largest and the 123rd most expensive of the 125 addresses on Gweal Pawl, Redruth, TR15.
Against the TR15 postcode district average, it is £191k less expensive than the typical property.
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Schools Nearby
- 600mTrewirgie Infants' School
- 700mTrewirgie Junior School
- 1.1kmPennoweth Primary School
- 400mRedruth School
- 2.4kmPool Academy
- 5.6kmCamborne Science and International Academy
More reading links
Public Transport Nearby
Redruth station is the nearest stop to 5A The Lofts, Gweal Pawl, Redruth at 900 metres away.
- 900mRedruth
- 4.8kmCamborne
- 9.1kmPerranwell
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
