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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, Eremo, Redruth is a period freehold house with 2,292 ft2 of internal area and sits on a 1,502 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 Eremo, Redruth is £645,212 and the estimated rental value is £1,727 per month.
Travellers Rest, Illogan, Redruth, TR15 is located within the TR15 postal district.
Eremo, Redruth has 3 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated April 2023.
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 Eremo, Redruth is in very good condition we estimate a sale value of £677,473 and a rental value of £1,814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £600,047 and a rental value of £1,606 per month.
Over the last 12 months the sale value of Eremo Redruth has decreased by an estimated £28,856 (4.5%) and its rental value has increased by an estimated £44 per month (2.6%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, Eremo, Redruth sits on a plot of 1502m2.
We have plot size data on 3 out of 3 other houses in the postcode and Eremo, Redruth sits on the largest plot.
Eremo, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2023.
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, Eremo, Redruth was last sold on 1st May 2019 for £465,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Eremo, Redruth within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 20, Park Leven, Redruth, TR16 4GA, a freehold house which sold for £575,000 on the 8th October 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Travellers Rest, Illogan, Redruth, TR15 has a total of 3 addresses. According to our analysis of all the public data, Eremo, Redruth is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £340k more expensive than the average property in TR15.
The closest station to Eremo, Redruth is Camborne station which is 3.9 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 Eremo, Redruth, 60.0% of property is privately owned outright and 28.2% 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 Eremo, Redruth, 9.9% of residents are recorded as possessing school level qualifications and 43.4% 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 Eremo, Redruth, the average age was 45.4 and the most common age was 62.
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 Eremo, Redruth, 2.1% 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 Eremo, Redruth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
