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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, Springridge Lodge, Redruth is a modern house with 839 ft2 of internal area and sits on a 997 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 Springridge Lodge, Redruth is £360,416 and the estimated rental value is £1,274 per month.
Busveal, Redruth, TR16 is located within the TR16 postal district.
Springridge Lodge, Redruth has no records in the the Land Registry and a single entry in the EPC database dated March 2015.
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 Springridge Lodge, Redruth is in very good condition we estimate a sale value of £378,437 and a rental value of £1,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,187 and a rental value of £1,185 per month.
Over the last 12 months the sale value of Springridge Lodge Redruth has decreased by an estimated £8,668 (2.4%) and its rental value has increased by an estimated £55 per month (4.4%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, Springridge Lodge, Redruth sits on a plot of 997m2.
We have plot size data on 11 out of 19 other houses in the postcode and Springridge Lodge, Redruth sits on the 7th largest plot.
Springridge Lodge, Redruth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springridge Lodge, Redruth within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Boundry Cottage, Redruth, TR16 5HH, a freehold house which sold for £335,000 on the 19th December 2025.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Busveal, Redruth, TR16 has a total of 32 addresses. According to our analysis of all the public data, Springridge Lodge, Redruth is the 25th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in TR16.
The closest station to Springridge Lodge, Redruth is Redruth station which is 1.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Springridge Lodge, Redruth, 49.2% of property is privately owned outright and 27.3% 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 Springridge Lodge, Redruth, 11.7% of residents are recorded as possessing school level qualifications and 33.3% 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 Springridge Lodge, Redruth, the average age was 45.1 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 Springridge Lodge, Redruth, 0.8% 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 Springridge Lodge, 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.
