Average Price for property in Redruth is around £190,291 which varies based on type of property you are interested in and ranges from £245,878 for detached house to around £179,567 for semi-detached. Similarly terraced house is around £151,709 and a flat is worth £116,012. Values have been changing and have risen £264 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £981 in last 6 months, £8,534 in last 1 year, £18,276 in last 2 years, £16,517 in last 3 years, £13,595 in last 4 years and £11,414 in last 5 years.
Currently average asking price of a property in Redruth is around £228,319 based on approximately 519 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £721 per month.
Estimated property value in Redruth is £190,291. Average asking price is £228,319 while average price paid is £171,532 which is up by £8,534 and Avg. asking rent £721.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 Redruth area. In last 1 year alone average price buyer paid is around £171,532 based on approximately 519 sales in Redruth area alone. If you compare it to last 3 years sales of 1,501 properties where buyers paid around £170,346. 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 £170,640 for 2,284 and average amount paid for purchase of approx. 2,959 properties sold in last 7 years comes to about £170,364 per sale.