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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, Lakefields, Redruth is a period freehold house with 1,905 ft2 of internal area and sits on a 15,632 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 Lakefields, Redruth is £907,110 and the estimated rental value is £2,439 per month.
Carnmenellis, Redruth, TR16 is located within the TR16 postal district.
Lakefields, Redruth has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated March 2016.
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.
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 Lakefields, Redruth is in very good condition we estimate a sale value of £952,465 and a rental value of £2,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £843,612 and a rental value of £2,268 per month.
Over the last 12 months the sale value of Lakefields Redruth has decreased by an estimated £46,629 (5.1%) and its rental value has increased by an estimated £60 per month (2.5%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, Lakefields, Redruth sits on a plot of 15632m2.
We have plot size data on 8 out of 10 other houses in the postcode and Lakefields, Redruth sits on the 2nd largest plot.
Lakefields, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lakefields, Redruth was last sold on 7th May 2009 for £557,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Lakefields, Redruth within a radius of 3.3 kilometres over the last 2 years.
The most recent example is Tregonning Lodge, Truro, TR3 7DA, a freehold house which sold for £575,000 on the 21st February 2018.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carnmenellis, Redruth, TR16 has a total of 117 addresses. According to our analysis of all the public data, Lakefields, Redruth is the 10th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £595k more expensive than the average property in TR16.
The closest station to Lakefields, Redruth is Redruth station which is 6.1 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 Lakefields, Redruth, 45.0% of property is privately owned outright and 37.1% 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 Lakefields, Redruth, 14.0% of residents are recorded as possessing school level qualifications and 37.5% 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 Lakefields, Redruth, the average age was 44.6 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 Lakefields, Redruth, 0.3% 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 Lakefields, Redruth, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
