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According to the public record, Silverley, Redruth is a period house with 861 ft2 of internal area and sits on a 1,209 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 Silverley, Redruth is £347,454 and the estimated rental value is £1,302 per month.
Crofthandy, St. Day, Redruth, TR16 is located within the TR16 postal district.
Silverley, Redruth has no records in the the Land Registry and a single entry in the EPC database dated July 2015.
We combine this information with public data 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 Silverley, Redruth is in very good condition we estimate a sale value of £364,826 and a rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,132 and a rental value of £1,211 per month.
Over the last 12 months the sale value of Silverley Redruth has decreased by an estimated £13,542 (3.9%) and its rental value has increased by an estimated £54 per month (4.1%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, Silverley, Redruth sits on a plot of 1209m2.
We have plot size data on 4 out of 5 other houses in the postcode and Silverley, Redruth sits on the 3rd largest plot.
Silverley, Redruth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 10 Jul 2015.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, dual fuel (mineral and wood).
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Silverley, Redruth within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 3 Riverside Terrace, Redruth, TR16 5JB, a freehold house which sold for £245,000 on the 28th April 2023.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crofthandy, St. Day, Redruth, TR16 has a total of 52 addresses. According to our analysis of all the public data, Silverley, Redruth is the 40th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in TR16.
The closest station to Silverley, Redruth is Redruth station which is 3.8 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 Silverley, Redruth, 40.4% of property is privately owned with a mortgage and 34.6% is privately 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 Silverley, Redruth, 20.8% of residents are recorded as possessing school level qualifications and 31.3% 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 Silverley, Redruth, the average age was 49.4 and the most common age was 72.
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 Silverley, Redruth, 0.7% 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 Silverley, Redruth, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.