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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, Lanherne Farm, Redruth is a period freehold house with 1,528 ft2 of internal area and sits on a 3,321 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 Lanherne Farm, Redruth is £669,410 and the estimated rental value is £1,542 per month.
Sandy Lane, Redruth, TR16 is located within the TR16 postal district.
Lanherne Farm, Redruth has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated July 2018.
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 Lanherne Farm, Redruth is in very good condition we estimate a sale value of £702,880 and a rental value of £1,619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,551 and a rental value of £1,434 per month.
Over the last 12 months the sale value of Lanherne Farm Redruth has decreased by an estimated £25,411 (3.8%) and its rental value has increased by an estimated £49 per month (3.2%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, Lanherne Farm, Redruth sits on a plot of 3321m2.
We have plot size data on 4 out of 5 other houses in the postcode and Lanherne Farm, Redruth sits on the 3rd largest plot.
Lanherne Farm, Redruth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Jul 2018.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil, Electric storage heaters.
According to HM Land Registry, Lanherne Farm, Redruth was last sold on 26th October 2018 for £495,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lanherne Farm, Redruth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Primrose Cottage, Redruth, TR16 5HG, a freehold house which sold for £485,000 on the 29th January 2021.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandy Lane, Redruth, TR16 has a total of 17 addresses. According to our analysis of all the public data, Lanherne Farm, Redruth is the largest and the most expensive property on the street.
When compared to the postcode district it is £352k more expensive than the average property in TR16.
The closest station to Lanherne Farm, Redruth is Redruth station which is 1.3 kilometres 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 Lanherne Farm, Redruth, 37.7% of property is privately owned with a mortgage and 33.8% is privately owned outright.
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 Lanherne Farm, Redruth, 22.0% of residents are recorded as possessing school level qualifications and 29.2% 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 Lanherne Farm, 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 Lanherne Farm, Redruth, 0.2% 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 Lanherne Farm, 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.
