Flat 5A, 21
Flat 5A, 21
Description & Estimates
Flat 5A, 21, Green Lane, Redruth is recorded publicly as a period leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 5A, 21, Green Lane, Redruth is £155,929 and its rental estimate is £694 per month, given the available information and assuming reasonable condition.
21, Green Lane is a residential building on Green Lane, Redruth, TR15 and falls within the TR15 postal district.
Our Data Sources
Flat 5A, 21, Green Lane, Redruth has 2 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated March 2022.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5A, 21, Green Lane, Redruth, we estimate a market value of £163,725 and a rental value of £729 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,014 and £645 per month respectively.
Recent Market Change
Over the last year, Flat 5A, 21, Green Lane, Redruth has seen its estimated sale value drop by £2,858 (1.8%) and its estimated rental value rise by £38 per month (5.5%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 5A, 21, Green Lane, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5A, 21, Green Lane, Redruth completed on 12th December 2018 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 57.9% over the period since December 2018.
- Sold Dec 2018£125,000
- Sold Sep 2017£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5A, 21, Green Lane, Redruth have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was Apartment 6, The Old Chapel, Treruffe Hill, Redruth, TR15 2PS, a leasehold flat which sold for £135,000.
Read more about house prices in TR15.
- Sold Feb 2023£135,000 | 2 Bed FlatThe Old Chapel, Treruffe HillApartment 6, The Old Chapel, Treruffe Hill, Redruth, TR15 2PS
- Sold Jul 2022£118,000 | 2 Bed FlatBelmont House 24, Green LaneFlat 4, Belmont House 24, Green Lane, Redruth, TR15 1JT
- Sold Mar 2020£100,000 | 2 Bed FlatBelmont House 24, Green LaneFlat 3, Belmont House 24, Green Lane, Redruth, TR15 1JT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 133 addresses on Green Lane, Redruth, TR15, Flat 5A, 21, Green Lane, Redruth comes out as the 69th largest and the 40th most expensive in our analysis of the public data.
It is also £149k less expensive than the average property across the TR15 district.
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Schools Nearby
- 300mPennoweth Primary School
- 600mTrewirgie Junior School
- 700mTrewirgie Infants' School
- 600mRedruth School
- 3.1kmPool Academy
- 6.4kmCamborne Science and International Academy
More reading links
Public Transport Nearby
From Flat 5A, 21, Green Lane, Redruth, the nearest station is Redruth, 300 metres away.
- 300mRedruth
- 5.6kmCamborne
- 8.6kmPerranwell
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
