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In this area, apartments of this size normally have 2 bedrooms with a garden.
9B, Green Lane, Redruth has an estimated sale value of £126,405 and an estimated rental value of £714 per month, assuming reasonable condition and based on the information available.
The apartment sits within 9, Green Lane, Redruth, TR15.
Green Lane, Redruth, TR15 lies within the TR15 postal district.
9B, Green Lane, Redruth has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 9B, Green Lane, Redruth would be worth £132,726, with a potential rental value of £750 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £117,557, with a rental value of £664 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 9B, Green Lane, Redruth has moved down by £2,317 (1.8%) over the last year. During the same period, its estimated monthly rental value has increased by £39 (5.5%). The property's estimated gross yield is currently 6.8%.
9B, Green Lane, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2020.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 9B, Green Lane, Redruth across the last 2 years.
Most recently, Apartment 1, The Old Chapel, Treruffe Hill, Redruth, TR15 2PS, a leasehold flat, sold at £143,000 on the 14th November 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 9B, Green Lane, Redruth as the 65th largest and the 91st most expensive of the 133 addresses on Green Lane, Redruth, TR15.
Against the TR15 postcode district average, it is £179k less expensive than the typical property.
Redruth station is the nearest stop to 9B, Green Lane, Redruth at 200 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9B, Green Lane, Redruth, 43.0% of property is privately rented and 33.8% is socially 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 9B, Green Lane, Redruth, 10.4% of residents are recorded as possessing school level qualifications and 23.0% 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 9B, Green Lane, Redruth, the average age was 41.9 and the most common age was 57.
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 9B, Green Lane, 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 9B, Green Lane, Redruth, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.