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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, Cherry Trees, Redruth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,062 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Cherry Trees, Redruth is £375,300 and the estimated rental value is £1,378 per month.
Trevarth, Redruth, TR16 is located within the TR16 postal district.
Cherry Trees, Redruth has a single entry in the Land Registry from April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Cherry Trees, Redruth is in very good condition we estimate a sale value of £394,065 and a rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,029 and a rental value of £1,282 per month.
Over the last 12 months the sale value of Cherry Trees Redruth has decreased by an estimated £14,628 (3.9%) and its rental value has increased by an estimated £57 per month (4.1%), giving an expected gross yield of 4.4%.
According to HM Land Registry, Cherry Trees, Redruth was last sold on 7th April 2021 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Trees, Redruth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 16, Trevarth Terrace, Redruth, TR16 6AG, a freehold house which sold for £390,000 on the 11th August 2023.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trevarth, Redruth, TR16 has a total of 28 addresses. According to our analysis of all the public data, Cherry Trees, Redruth is the 19th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in TR16.
The closest station to Cherry Trees, Redruth is Redruth station which is 3.3 kilometres away.
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.
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 Cherry Trees, Redruth, 52.0% of property is privately owned outright and 28.8% 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 Cherry Trees, Redruth, 19.9% of residents are recorded as possessing school level qualifications and 36.8% 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 Cherry Trees, Redruth, the average age was 45.1 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 Cherry Trees, 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 Cherry Trees, Redruth, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
