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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, Cresta, Redruth is a period freehold house with 1,001 ft2 of internal area and sits on a 2,646 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 Cresta, Redruth is £472,294 and the estimated rental value is £1,444 per month.
Chapel Hill, Lanner, Redruth, TR16 is located within the TR16 postal district.
Cresta, Redruth has 41 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that 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.
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 Cresta, Redruth is in very good condition we estimate a sale value of £495,909 and a rental value of £1,516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,233 and a rental value of £1,343 per month.
Over the last 12 months the sale value of Cresta Redruth has decreased by an estimated £18,408 (3.9%) and its rental value has increased by an estimated £60 per month (4.1%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, Cresta, Redruth sits on a plot of 2646m2.
We have plot size data on 2 out of 3 other houses in the postcode and Cresta, Redruth sits on the 2nd largest plot.
Cresta, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Cresta, Redruth was last sold on 24th July 2020 for £375,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2020, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cresta, Redruth within a radius of 2.2 kilometres over the last 2 years.
The most recent example is Maytree Cottage, Pennance Lane, Redruth, TR16 5TL, a freehold house which sold for £485,000 on the 29th July 2022.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Hill, Lanner, Redruth, TR16 has a total of 3 addresses. According to our analysis of all the public data, Cresta, Redruth is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in TR16.
The closest station to Cresta, Redruth is Redruth station which is 2.9 kilometres away.
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 Cresta, 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 Cresta, 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 Cresta, 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 Cresta, 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 Cresta, 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.
