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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, Tramway Cottage, Redruth is a modern house with 1,679 ft2 of internal area and sits on a 397 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 Tramway Cottage, Redruth is £435,052 and the estimated rental value is £1,589 per month.
Higher Pennance, Lanner, Redruth, TR16 is located within the TR16 postal district.
Tramway Cottage, Redruth has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Tramway Cottage, Redruth is in very good condition we estimate a sale value of £456,804 and a rental value of £1,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,598 and a rental value of £1,478 per month.
Over the last 12 months the sale value of Tramway Cottage Redruth has decreased by an estimated £16,515 (3.8%) and its rental value has increased by an estimated £50 per month (3.2%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, Tramway Cottage, Redruth sits on a plot of 397m2.
We have plot size data on 7 out of 28 other houses in the postcode and Tramway Cottage, Redruth sits on the 5th largest plot.
Tramway Cottage, Redruth has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 29 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Tramway Cottage, Redruth within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Trelil, Lanner Moor, Redruth, TR16 6HJ, a freehold house which sold for £600,000 on the 20th February 2024.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Pennance, Lanner, Redruth, TR16 has a total of 52 addresses. According to our analysis of all the public data, Tramway Cottage, Redruth is the 7th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in TR16.
The closest station to Tramway Cottage, Redruth is Redruth station which is 2.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Tramway Cottage, Redruth, 59.3% of property is privately owned outright and 30.9% is privately owned with a mortgage.
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 Tramway Cottage, Redruth, 19.4% of residents are recorded as possessing school level qualifications and 29.8% 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 Tramway Cottage, 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 Tramway Cottage, 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 Tramway Cottage, Redruth, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
