Copper Meadows, Redruth, TR15

Street Guide For Copper Meadows, Redruth, TR15

 

Copper Meadows, Redruth, TR15 Map

Estimated Price: £176,767
Average Asking Price: £181,769
Price change in last one year: £7,359
Average Price Paid: £163,515
Average Rent Rates: £732

 

Property Prices Breakdown in Copper Meadows, Redruth, TR15

Average Price for property in Copper Meadows, Redruth, TR15 is around £176,767 which varies based on type of property you are interested in and ranges from £188,898 for detached house to around £171,171 for semi-detached. Similarly terraced house is around £170,231. Values have been changing and have risen £1,100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,318 in last 6 months, £7,359 in last 1 year, £15,619 in last 2 years, £14,178 in last 3 years, £9,338 in last 4 years and £11,336 in last 5 years.

Currently average asking price of a property in Copper Meadows, Redruth, TR15 is around £181,769 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Copper Meadows, Redruth, TR15 is £176,767. Average asking price is £181,769 while average price paid is £205,000 which is up by £7,359 and Avg. asking rent £732.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Copper Meadows, Redruth, TR15 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Copper Meadows, Redruth, TR15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £171,040. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £163,515 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £160,007 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £108,738, £146,504 for a 2 bedroom house, £184,096 for a 3 bedroom house, £250,064 for a 4 bedroom house and £317,222 for a 5 bedroom house. For a flat similarly the prices varies from £95,537 for a single bedroom to £119,029 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £103,725. To sum up the asking prices for properties in Copper Meadows, Redruth, TR15 it comes to around average £98,737 for 1 bedroom property, £139,427 for 2 bedroom, £182,009 for 3 bedroom, £250,064 for 4 bedroom and £317,222 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £641 for 1 bedroom to £634 for 2 bedroom, £783 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £623. You should be generally be expecting around average £514 rent per month for single bedroom property, £630 for 2 bedroom, £783 for 3 bedroom and approximately £1,048 for 4 bedroom property in Copper Meadows, Redruth, TR15 area.

Popular Houses in Copper Meadows, Redruth, TR15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Copper Meadows, Redruth, TR15