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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
According to the public record, Fal View, Redruth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,620 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Fal View, Redruth is £365,019 and the estimated rental value is £1,559 per month.
Higher Pennance, Lanner, Redruth, TR16 is located within the TR16 postal district.
Fal View, Redruth has 41 entries in the Land Registry , most recently in January 2018 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 3 out of 5 and is considered of medium 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 Fal View, Redruth is in very good condition we estimate a sale value of £383,270 and a rental value of £1,637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,467 and a rental value of £1,450 per month.
Over the last 12 months the sale value of Fal View Redruth has decreased by an estimated £18,763 (5.1%) and its rental value has increased by an estimated £38 per month (2.5%), giving an expected gross yield of 5.1%.
According to HM Land Registry, Fal View, Redruth was last sold on 30th January 2018 for £350,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2018, the market for similar properties has risen 49.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fal View, Redruth within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Kallima, Redruth, TR16 6AF, a freehold house which sold for £420,000 on the 31st August 2023.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Pennance, Lanner, Redruth, TR16 has a total of 52 addresses. According to our analysis of all the public data, Fal View, Redruth is the 14th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in TR16.
The closest station to Fal View, Redruth is Redruth station which is 2.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Fal View, Redruth, 59.3% of property is privately owned outright and 30.9% 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 Fal View, Redruth, 19.4% of residents are recorded as possessing school level qualifications and 29.8% 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 Fal View, 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 Fal View, 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 Fal View, Redruth, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
