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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, Old Forge, Redruth is a period house with 1,603 ft2 of internal area and sits on a 1,451 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 Old Forge, Redruth is £414,141 and the estimated rental value is £1,589 per month.
Mawla, Redruth, TR16 is located within the TR16 postal district.
Old Forge, Redruth has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 Old Forge, Redruth is in very good condition we estimate a sale value of £434,848 and a rental value of £1,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,151 and a rental value of £1,478 per month.
Over the last 12 months the sale value of Old Forge Redruth has decreased by an estimated £21,288 (5.1%) and its rental value has increased by an estimated £39 per month (2.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, Old Forge, Redruth sits on a plot of 1451m2.
We have plot size data on 3 out of 6 other houses in the postcode and Old Forge, Redruth sits on the largest plot.
Old Forge, Redruth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Forge, Redruth within a radius of 2.4 kilometres over the last 2 years.
The most recent example is Glenwyne, Wheal Rose, Redruth, TR16 5DA, a freehold house which sold for £460,000 on the 5th March 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mawla, Redruth, TR16 has a total of 37 addresses. According to our analysis of all the public data, Old Forge, Redruth is the 17th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in TR16.
The closest station to Old Forge, Redruth is Redruth station which is 3.4 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 Old Forge, Redruth, 44.4% of property is privately owned outright and 19.4% is socially rented.
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 Old Forge, Redruth, 13.7% of residents are recorded as possessing school level qualifications and 26.2% 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 Old Forge, Redruth, the average age was 41.9 and the most common age was 57.
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 Old Forge, 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 Old Forge, Redruth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
