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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, Forge Cottage, Redruth is a modern freehold house with 1,455 ft2 of internal area and sits on a 944 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Forge Cottage, Redruth is £434,869 and the estimated rental value is £1,517 per month.
Wheal Rose, Scorrier, Redruth, TR16 is located within the TR16 postal district.
Forge Cottage, Redruth has 21 entries in the Land Registry , most recently in June 2012 and a single entry in the EPC database dated May 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Forge Cottage, Redruth is in very good condition we estimate a sale value of £456,613 and a rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,428 and a rental value of £1,410 per month.
Over the last 12 months the sale value of Forge Cottage Redruth has decreased by an estimated £16,508 (3.8%) and its rental value has increased by an estimated £48 per month (3.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, Forge Cottage, Redruth sits on a plot of 944m2.
We have plot size data on 26 out of 37 other houses in the postcode and Forge Cottage, Redruth sits on the 11th largest plot.
Forge Cottage, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 May 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Forge Cottage, Redruth was last sold on 21st June 2012 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2012, the market for similar properties has risen 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Forge Cottage, Redruth within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 1 Garth Rosen, Wheal Rose, Redruth, TR16 5DA, a freehold house which sold for £500,000 on the 14th June 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheal Rose, Scorrier, Redruth, TR16 has a total of 108 addresses. According to our analysis of all the public data, Forge Cottage, Redruth is the 42nd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in TR16.
The closest station to Forge Cottage, Redruth is Redruth station which is 3.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Forge Cottage, Redruth, 55.4% of property is privately owned outright and 25.0% 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 Forge Cottage, Redruth, 15.6% of residents are recorded as possessing school level qualifications and 33.9% 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 Forge Cottage, Redruth, the average age was 44.2 and the most common age was 47.
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 Forge Cottage, 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 Forge Cottage, Redruth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
