Property profile

8 May Gardens Lanner

TR16 6AR

Lanner, Stithians & Gwennap

Area profile →

Map showing 8, May Gardens, Lanner, Redruth

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£290,000

Detached sold in Lanner, Stithians & Gwennap

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold27 Jan 2020
£230,000Change since last sale: +£58,000 (+25%)
Annualised change
+3.5% per yearCornwall annualised change (detached) since 2020: +3.0% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £350 per sq ft
£454 per sq ftEstimate vs local median: +£104 per sq ft (+30%)
Local sold pricesMedian for detached in Lanner, Stithians & Gwennap
£405,000Estimate vs local median: −£117,000 (−29%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeBungalow / Detached
TenureFreehold
Construction period1967-1975
Floor area59 m² / 635 sq ft
Rooms4 habitable / 4 heated
EPC ratingD
EPC inspection11 Sept 2019

Sales history

DatePriceChange
27 Jan 2020£230,000-

Local market

Property prices in Lanner, Stithians & Gwennap

Median price£303,000
Price per sq ft£340
Sales (last 12 months)71
Typical range (middle 50%)£268K – £440K

Based on 71 recent sales, the median property price is £303,000 (about £340 per square foot) in Lanner, Stithians & Gwennap area, with individual transactions ranging from £70,000 up to £1,725,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Lanner, Stithians & Gwennap over the last year.
TypeSalesMedian£/sq ft
Detached39£405,000£350
Terraced13£282,500£341
Semi-Detached19£265,000£308

10-year price trendmedian sale price in Lanner, Stithians & Gwennap

Sale price

Ten year median sale price trend for each property type in Lanner, Stithians & Gwennap.
YearDetachedSemi-DetachedTerraced
2016£251,000£223,500£195,000
2017£325,000£175,750£177,750
2018£280,000£176,700£175,000
2019£288,750£225,750£209,500
2020£300,000£242,475£197,000
2021£325,000£244,000£235,000
2022£437,500£255,000£270,000
2023£387,500£255,000£270,000
2024£405,500£300,000£255,000
2025£337,000£250,000£267,250
2026£412,748£285,000£284,250
Ten year median sale price trend for each property type in Lanner, Stithians & Gwennap.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Lanner, Stithians & Gwennap.
YearDetachedSemi-DetachedTerraced
2016£262£213£226
2017£244£248£232
2018£262£224£221
2019£263£255£254
2020£296£276£239
2021£318£287£282
2022£368£348£317
2023£349£324£310
2024£386£331£322
2025£345£326£311
2026£314£316£383
Ten year median sale price per square foot trend for each property type in Lanner, Stithians & Gwennap.

Price distribution by property typelast 12 months

Price distribution by property type for Lanner, Stithians & Gwennap in the last year.

Recent sales

There were 24 recent sold properties in the last 18 months near TR16 6AR.

Recent sold properties in the last 18 months near TR16 6AR
DateAddressTypeTenurePriceMap
01 Sept 202530, May Gardens, Redruth, TR16 6ARDetachedFreehold£285,000
31 Mar 202529, May Gardens, Redruth, TR16 6ARDetachedFreehold£180,000
04 Jul 202517, Bell Lane, Redruth, TR16 6APSemi-DetachedFreehold£265,000
16 May 202513, Bell Lane, Redruth, TR16 6APDetachedFreehold£275,000
05 Dec 20253, Hazel Terrace, Redruth, TR16 6EPTerracedFreehold£272,500

Other properties at this postcode

AddressTenureFloor areaLast sale
2, May Gardens, Bell Lane, RedruthFreehold69 m²£163,000 (2013)
3 May Gardens, Lanner, RedruthFreehold81 m²£175,000 (2015)
4, May Gardens, Bell Lane, RedruthFreehold59 m²£205,000 (2017)
5, May Gardens, Bell Lane, RedruthFreehold66 m²£230,000 (2019)
6, May Gardens, Lanner, RedruthFreehold64 m²£215,000 (2020)
7, May Gardens, Bell Lane, RedruthFreehold59 m²£169,000 (2014)
10, May Gardens, Lanner, RedruthFreehold61 m²£310,000 (2022)
13 May Gardens, Lanner, RedruthFreehold64 m²£220,000 (2019)
14, May Gardens, Bell Lane, RedruthFreehold128 m²£322,500 (2020)
15 May Gardens, Lanner, RedruthFreehold62 m²£150,000 (2013)

Area insights for TR16 6AR

Full area profile →

Overview

Postcode TR16 6AR is located in an urban city, within the Lanner, Stithians & Gwennap ward of Cornwall in the South West region, and forms part of the St Day & Lanner area. It has average deprivation and very low crime levels, with around 27.9 crimes per 1,000 residents per year, about 67% below the South West average of 85 per 1,000. The average income per household in St Day & Lanner is £44,601 per year. The nearest station is Redruth, about 1.7 miles away. There are 1 primary and no secondary schools in the area.

Crime rate
2/10
Crimes per 1k residents
28
Deprivation level
5/10
Income level
2/10
Social housing
0%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

5/10

St Day & Lanner has an average level of deprivation, ranked at position 19,782 out of 32,844 areas in England, placing it within the bottom 40% least deprived areas in England.

Crime level

2/10

St Day & Lanner has a very low crime rate, with approximately 27.9 reported incidents per 1,000 population each year.

Social housing

0%

Approximately 0.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 10.1% of dwellings are socially rented.

Income level

2/10

The average income per household in St Day & Lanner is £44,601 per year.

Noise Level

No noise

No significant noise sources from railways or roads near TR16 6AR.

Flood risk

No risk

St Day & Lanner near TR16 6AR has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Redruth located about 1.7 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
324
Population density
3,146.2 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
17.42(-48%)
Other theft
4.18(-26%)
Burglary
2.09(-25%)
Criminal damage and arson
1.39(-79%)
Drugs
1.39(-28%)
South West average

Demographics

Ethnic groups

British
310
95.68%
Other
8
2.47%
Other White
4
1.23%
Chinese
1
0.31%
Other Mixed or Multiple ethnic groups
1
0.31%
Total population: 324

Economics

Education (age 16+)

Level 4+ (Degree)
84
31.82%
No qualifications
50
18.94%
Level 2 (GCSEs 9-4)
43
16.29%
Level 3 (A level)
43
16.29%
Level 1 (GCSEs 3-1)
20
7.58%
Total 16+ residents: 264

Housing

Housing tenure

Owns outright
71
48.97%
Owns with a mortgage
51
35.17%
Private landlord or letting agency
17
11.72%
Other forms of private rent
6
4.14%
Total households: 145

Schools

In the TR16 6AR postcode area, located within St Day & Lanner, there are 1 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for TR16 6AR
DistancePhaseNameTypeRating
0.1 miPrimaryLanner Primary SchoolAcademy converter

Good

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of TR16 6AR

Nearby supermarkets & convenience stores for TR16 6AR
DistanceNameAddressDirections
0.1 miLanner StoresAnkervis Lane, Cornwall, TR16 6EFWalking directions to Lanner Stores