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According to the public record, Tryfan, Redruth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 526 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Tryfan, Redruth is £172,105 and the estimated rental value is £966 per month.
Paynters Lane End, Redruth, TR16 is located within the TR16 postal district.
Tryfan, Redruth has a single entry in the Land Registry from April 2024 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 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 Tryfan, Redruth is in very good condition we estimate a sale value of £180,711 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,058 and a rental value of £898 per month.
Over the last 12 months the sale value of Tryfan Redruth has decreased by an estimated £2,225 (1.3%) and its rental value has increased by an estimated £59 per month (6.1%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Tryfan, Redruth was last sold on 23rd April 2024 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has risen 23.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 890 metres radius of Tryfan, Redruth over the last 2 years.
The most recent example is Redenek, Redruth, TR16 4DS, a freehold house which sold for £290,000 on the 2nd October 2020.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynters Lane End, Redruth, TR16 has a total of 21 addresses. According to our analysis of all the public data, Tryfan, Redruth is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in TR16.
The closest station to Tryfan, Redruth is Redruth station which is 3.2 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 Tryfan, Redruth, 51.5% of property is privately owned outright and 29.4% 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 Tryfan, Redruth, 13.1% of residents are recorded as possessing school level qualifications and 28.4% 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 Tryfan, Redruth, the average age was 45.4 and the most common age was 62.
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 Tryfan, 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 Tryfan, Redruth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.