Chestnut Cottage Merritts Hill

    CHESTNUT COTTAGE, MERRITTS HILL, ILLOGAN, REDRUTH, TR16 4HD

    This detached freehold property on Merritts Hill last sold in August 2020 for £290,000. Based on price growth in the TR16 district since then, its estimated current value is £328,200 — placing it in the 55th percentile nationally and the 65th percentile within TR16. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,758 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £290,000

    Aug 2020

    Estimated Valuation

    £328,200

    Est. £/sq ft

    £256/sq ft

    £2,758/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateJul 2019
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2020

    £290,000

    23 Nov 2012

    £240,000

    30 Aug 1996

    £69,500

    Key Metrics

    Estimated valuation£328,200
    Value per sq ft / m²£256/sq ft (£2,758/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR16 district percentile65th percentile
    National percentile55th percentile

    District Context — TR16

    TR16 covers the Camborne area and surrounding communities in west Cornwall. It is a mixed residential district with a blend of established residential neighbourhoods and rural character.

    Average Property Price - TR16

    £305,367

    43

    National percentile

    Average Net Household Income - TR16

    £35,848

    36

    National percentile

    10-Year Annualised Price Growth - TR16

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR16

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