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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, Franbeth, Redruth is a period freehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Franbeth, Redruth is £268,590 and the estimated rental value is £1,170 per month.
Richards Lane, Harris Mill, Redruth, TR16 is located within the TR16 postal district.
Franbeth, Redruth has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Franbeth, Redruth is in very good condition we estimate a sale value of £282,019 and a rental value of £1,228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,788 and a rental value of £1,088 per month.
Over the last 12 months the sale value of Franbeth Redruth has decreased by an estimated £10,469 (3.9%) and its rental value has increased by an estimated £48 per month (4.1%), giving an expected gross yield of 5.2%.
Franbeth, Redruth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 27 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas, Room heaters, dual fuel (mineral and wood).
According to HM Land Registry, Franbeth, Redruth was last sold on 26th October 2018 for £178,575 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Franbeth, Redruth within a radius of 950 metres over the last 2 years.
The most recent example is Merritts House, Merritts Hill, Redruth, TR16 4HD, a freehold house which sold for £285,000 on the 23rd February 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Lane, Harris Mill, Redruth, TR16 has a total of 12 addresses. According to our analysis of all the public data, Franbeth, Redruth is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in TR16.
The closest station to Franbeth, Redruth is Redruth station which is 2.7 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 Franbeth, Redruth, 52.4% of property is privately owned outright and 37.9% 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 Franbeth, Redruth, 14.4% of residents are recorded as possessing school level qualifications and 27.7% 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 Franbeth, 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 Franbeth, 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 Franbeth, 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.
