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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, Studio 4, Artist Terrace, Redruth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 719 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Studio 4, Artist Terrace, Redruth is £184,755 and the estimated rental value is £659 per month.
The apartment is within Artist Terrace, Pool, Redruth, TR15.
Pool, Redruth, TR15 is located within the TR15 postal district.
Studio 4, Artist Terrace, Redruth has a single entry in the Land Registry from January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Studio 4, Artist Terrace, Redruth is in very good condition we estimate a sale value of £193,993 and a rental value of £692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,822 and a rental value of £613 per month.
Over the last 12 months the sale value of Studio 4 Artist Terrace Redruth has decreased by an estimated £4,242 (2.3%) and its rental value has increased by an estimated £32 per month (4.8%), giving an expected gross yield of 4.3%.
According to HM Land Registry, Studio 4, Artist Terrace, Redruth was last sold on 3rd January 2020 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Studio 4, Artist Terrace, Redruth within a radius of 970 metres over the last 2 years.
The most recent example is 4, Holman Court, Redruth, TR15 3SZ, a leasehold flat which sold for £172,000 on the 5th April 2023.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pool, Redruth, TR15 has a total of 18 addresses. According to our analysis of all the public data, Studio 4, Artist Terrace, Redruth is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in TR15.
The closest station to Studio 4, Artist Terrace, Redruth is Camborne station which is 2.5 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 Studio 4, Artist Terrace, Redruth, % of property is and % is .
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 Studio 4, Artist Terrace, Redruth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Studio 4, Artist Terrace, 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 Studio 4, Artist Terrace, Redruth, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
