The Old Workshop, Redruth
The Old Workshop, Redruth
Description & Estimates
According to the public record, The Old Workshop, Redruth is a modern house with 721 ft2 of internal area and sits on a 34.8 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 The Old Workshop, Redruth is £236,955 and the estimated rental value is £1,164 per month.
Druids Road, Illogan Highway, Redruth, TR15 is located within the TR15 postal district.
Our Data Sources
The Old Workshop, Redruth has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data 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
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 The Old Workshop, Redruth is in very good condition we estimate a sale value of £248,803 and a rental value of £1,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,368 and a rental value of £1,082 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Old Workshop, Redruth has declined by £6,491 (2.7%), while its estimated rental value has climbed by £48 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, The Old Workshop, Redruth sits on a plot of 35 m2.
We have plot size data on 1 out of 5 other houses in the postcode and The Old Workshop, Redruth sits on the largest plot.
Energy Efficiency
The Old Workshop, Redruth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Workshop, Redruth within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 2, Carn Brea Business Park, Redruth, TR15 3RR, a freehold house which sold for £360,000 on the 22nd February 2019.
Read more about house prices in TR15.
- Sold Feb 2019£360,000 | 3 Bed HouseCarn Brea Business Park2, Carn Brea Business Park, Redruth, TR15 3RR
- Sold Sep 2018£335,000 | 3 Bed HouseCarn Brea Business Park6, Carn Brea Business Park, Redruth, TR15 3RR
- Sold Aug 2017£440,000 | 3 Bed HouseCarn Brea Business Park8, Carn Brea Business Park, Redruth, TR15 3RR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Druids Road, Illogan Highway, Redruth, TR15 has a total of 32 addresses. According to our analysis of all the public data, The Old Workshop, Redruth is the 30th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in TR15.
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Schools Nearby
- 800mTreloweth Community Primary School
- 1.9kmTrewirgie Infants' School
- 2.0kmTrewirgie Junior School
- 1.2kmPool Academy
- 1.5kmRedruth School
- 4.3kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to The Old Workshop, Redruth is Redruth station, which is 2.2 kilometres away.
- 2.2kmRedruth
- 3.5kmCamborne
- 10.2kmPerranwell
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
