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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Noreas, Redruth is a period freehold house with 947 ft2 of internal area and sits on a 266 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 Noreas, Redruth is £251,452 and the estimated rental value is £1,226 per month.
Paynters Lane, Redruth, TR16 is located within the TR16 postal district.
Noreas, Redruth has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated July 2020.
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 Noreas, Redruth is in very good condition we estimate a sale value of £264,025 and a rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,850 and a rental value of £1,140 per month.
Over the past 12 months, the estimated sale value of Noreas, Redruth has declined by £6,047 (2.4%), while its estimated rental value has climbed by £53 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
According to data from HM Land Registry, Noreas, Redruth sits on a plot of 266 m2.
We have plot size data on 8 out of 10 other houses in the postcode and Noreas, Redruth sits on the 8th largest plot.
Noreas, Redruth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 03 Jul 2020.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, dual fuel (mineral and wood), Room heaters, electric.
According to HM Land Registry, Noreas, Redruth was last sold on 23rd December 2020 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen by 42.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Noreas, Redruth within a radius of 860 metres over the last 2 years.
The most recent example is 15, Robartes Terrace, Redruth, TR16 4RX, a freehold house which sold for £315,000 on the 1st August 2025.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynters Lane, Redruth, TR16 has a total of 77 addresses. According to our analysis of all the public data, Noreas, Redruth is the 28th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in TR16.
The closest station to Noreas, Redruth is Redruth station, which is 3.2 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 Noreas, Redruth, 57.4% of property is privately owned outright and 25.2% 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 Noreas, Redruth, 9.4% of residents are recorded as possessing school level qualifications and 24.2% 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 Noreas, 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 Noreas, Redruth, 0.9% 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 Noreas, Redruth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
