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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, Lamarr, Redruth is a mid-century freehold house with 764 ft2 of internal area and sits on a 657 m2 plot.
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 Lamarr, Redruth is £247,414 and the estimated rental value is £1,202 per month.
School Lane, Redruth, TR15 is located within the TR15 postal district.
Lamarr, Redruth has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated July 2022.
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 Lamarr, Redruth is in very good condition we estimate a sale value of £259,784 and a rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,095 and a rental value of £1,118 per month.
Over the last 12 months the sale value of Lamarr Redruth has decreased by an estimated £9,348 (3.8%) and its rental value has increased by an estimated £49 per month (4.1%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, Lamarr, Redruth sits on a plot of 657m2.
Lamarr, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2022.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lamarr, Redruth was last sold on 7th February 2023 for £257,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lamarr, Redruth within a radius of 700 metres over the last 2 years.
The most recent example is 14, Polbathic Road, Redruth, TR15 1PZ, a freehold house which sold for £251,000 on the 23rd May 2024.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Redruth, TR15 has a total of 2 addresses. According to our analysis of all the public data, Lamarr, Redruth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in TR15.
The closest station to Lamarr, Redruth is Redruth station which is 600 metres away.
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 Lamarr, Redruth, 54.6% of property is privately owned outright and 30.1% 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 Lamarr, Redruth, 10.2% of residents are recorded as possessing school level qualifications and 26.5% 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 Lamarr, Redruth, the average age was 42.1 and the most common age was 32.
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 Lamarr, 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 Lamarr, Redruth, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
