Fairwinds, Redruth
Fairwinds, Redruth
Description & Estimates
Public records show Fairwinds, Redruth to be a modern freehold house with 904 ft2 of internal area, sitting on a 305 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Fairwinds, Redruth has an estimated sale value of £573,293 and an estimated rental value of £1,519 per month, assuming reasonable condition and based on the information available.
Lighthouse Hill, Portreath, Redruth, TR16 lies within the TR16 postal district.
Our Data Sources
Fairwinds, Redruth has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated June 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.
Price Range & Condition
In very good condition, we estimate Fairwinds, Redruth would be worth £601,957, with a potential rental value of £1,595 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £533,162, with a rental value of £1,412 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 Fairwinds, Redruth has dropped by £13,788 (2.4%) over the last year. During the same period, its estimated monthly rental value has risen by £66 (4.4%). The property's estimated gross yield is currently 3.2%.
Plot Size
Fairwinds, Redruth occupies a 305 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Fairwinds, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
Fairwinds, Redruth last changed hands on 9th April 2021, selling for £490,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.1% since April 2021.
- Sold Apr 2021£490,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 2.8 kilometres of Fairwinds, Redruth across the last 2 years.
Most recently, Riviera Cottage, Lighthouse Hill, Redruth, TR16 4LJ, a freehold house, sold at £495,000 on the 13th September 2022.
Read more about house prices in TR16.
•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 Fairwinds, Redruth as the 28th largest and the 25th most expensive of the 30 addresses on Lighthouse Hill, Portreath, Redruth, TR16.
Against the TR16 postcode district average, it is £256k more expensive than the typical property.
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Schools Nearby
- 700mPortreath Community Primary School
- 2.0kmIllogan School
- 4.0kmTreloweth Community Primary School
- 4.0kmPool Academy
- 4.8kmRedruth School
- 5.6kmCamborne Science and International Academy
More reading links
Public Transport Nearby
Redruth station is the nearest stop to Fairwinds, Redruth at 5.6 kilometres away.
- 5.6kmRedruth
- 5.8kmCamborne
- 12.5kmHayle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
