Ocean Reach, Redruth
Ocean Reach, Redruth
Description & Estimates
Ocean Reach, Redruth is recorded publicly as a period freehold house across 731 ft2 of internal area, sitting on a 261 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Ocean Reach, Redruth is £287,499 and its rental estimate is £1,188 per month, given the available information and assuming reasonable condition.
Redruth Highway, Redruth, TR15 falls within the TR15 postal district.
Our Data Sources
Ocean Reach, Redruth has 41 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated December 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Ocean Reach, Redruth, we estimate a market value of £301,874 and a rental value of £1,247 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £267,375 and £1,105 per month respectively.
Recent Market Change
Over the last year, Ocean Reach, Redruth has seen its estimated sale value decline by £7,875 (2.7%) and its estimated rental value climb by £49 per month (4.1%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for Ocean Reach, Redruth as measuring 261 m2.
That makes it the largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
Ocean Reach, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Ocean Reach, Redruth completed on 27th March 2025 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 4.5% over the period since March 2025.
- Sold Mar 2025£300,000
- Sold Feb 2015£175,000
- Sold Apr 2006£119,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Ocean Reach, Redruth have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 30, Treganoon Road, Redruth, TR15 1NN, a freehold house which sold for £325,000.
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
Of the 17 addresses on Redruth Highway, Redruth, TR15, Ocean Reach, Redruth comes out as the 8th largest and the 7th most expensive in our analysis of the public data.
It is also £18k less expensive than the average property across the TR15 district.
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Schools Nearby
- 700mTreleigh Community Primary School
- 1.4kmPennoweth Primary School
- 2.0kmTrewirgie Junior School
- 2.3kmRedruth School
- 4.6kmPool Academy
- 7.9kmRichard Lander School
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Public Transport Nearby
From Ocean Reach, Redruth, the nearest station is Redruth, 1.7 kilometres away.
- 1.7kmRedruth
- 7.3kmCamborne
- 7.7kmPerranwell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
