Melford, Redruth
Melford, Redruth
Description & Estimates
The public record lists Melford, Redruth as a freehold house.
Comparison with its neighbours suggests a period house with 1,131 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
Melford, Redruth has an estimated sale value of £309,214 and an estimated rental value of £1,398 per month, assuming reasonable condition and based on the information available.
Redruth Highway, Redruth, TR15 lies within the TR15 postal district.
Our Data Sources
Melford, Redruth has 51 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Melford, Redruth would be worth £324,675, with a potential rental value of £1,468 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £287,569, with a rental value of £1,300 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Melford, Redruth has declined by £8,470 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £58 (4.1%). The property's estimated gross yield is currently 5.4%.
Sold Prices
Melford, Redruth last changed hands on 28th September 2007, selling for £247,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 58.4% since September 2007.
- Sold Sep 2007£247,500
- Sold Nov 2005£237,000
- Sold Dec 2000£113,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of Melford, Redruth across the last 2 years.
Most recently, 12, Mount Pleasant, Redruth, TR15 1SA, a freehold house, sold at £256,000 on the 29th January 2025.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Melford, Redruth as the 3rd largest and the 3rd most expensive of the 17 addresses on Redruth Highway, Redruth, TR15.
Against the TR15 postcode district average, it is £4k more expensive than the typical property.
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Schools Nearby
- 800mTreleigh Community Primary School
- 1.5kmPennoweth Primary School
- 2.1kmTrewirgie Junior School
- 2.4kmRedruth School
- 4.7kmPool Academy
- 7.8kmRichard Lander School
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Public Transport Nearby
Redruth station is the nearest stop to Melford, Redruth at 1.8 kilometres away.
- 1.8kmRedruth
- 7.4kmCamborne
- 7.7kmPerranwell
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
