TR1 1AX is a residential postcode situated on Malpas Road, Truro, TR1 with 8 addresses.
It ranks as the 232nd largest and 599th most expensive of the 711 postcodes in the TR1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 2 houses and 6 flats.
TR1 1AX is a residential postcode situated on Malpas Road, Truro, TR1 with 8 addresses.
It ranks as the 232nd largest and 599th most expensive of the 711 postcodes in the TR1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 2 houses and 6 flats.
Sale prices range from £309,276 for 2 bedroom leasehold flats (581 ft2) to £650,190 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £1,253 pcm for 2 bed flats to £1,776 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 4.9%.
The average value per square foot is £475.
The last sale in TR1 1AX sold for £430,000 on 30th June 2021. Since then prices are up an average of 11.2%.
The current average value in the postcode is £441,666.
The TR1 1AX Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £441,666 |
| April 2025 | -1% | £455,335 |
| April 2024 | 0.5% | £460,027 |
| April 2023 | -0.1% | £457,874 |
| April 2022 | 18.2% | £458,375 |
| April 2021 | 5.3% | £387,729 |
| April 2020 | 1.4% | £368,211 |
| April 2019 | 0.8% | £363,166 |
| April 2018 | 2.4% | £360,187 |
| April 2017 | 0.9% | £351,774 |
| April 2016 | 3.2% | £348,571 |
| April 2015 | 1.8% | £337,701 |
| April 2014 | 4% | £331,622 |
| April 2013 | -1.7% | £318,762 |
| April 2012 | 0.6% | £324,259 |
| April 2011 | 2.5% | £322,294 |
| April 2010 | 0.3% | £314,508 |
| April 2009 | -9.5% | £313,514 |
| April 2008 | -0.4% | £346,535 |
| April 2007 | 0% | £347,896 |
The current average rental value in the postcode is £1,483.
The TR1 1AX Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.9% | £1,483pcm |
| April 2025 | 5% | £1,414pcm |
| April 2024 | 5.5% | £1,347pcm |
| April 2023 | 5.3% | £1,277pcm |
| April 2022 | 11.2% | £1,213pcm |
| April 2021 | 5.8% | £1,091pcm |
| April 2020 | 1.6% | £1,031pcm |
| April 2019 | 2.7% | £1,015pcm |
| April 2018 | -0.2% | £988pcm |
| April 2017 | 1.2% | £990pcm |
| April 2016 | 1.2% | £978pcm |
| April 2015 | 1.7% | £966pcm |
| April 2014 | 0.6% | £950pcm |
| April 2013 | 2.8% | £944pcm |
| April 2012 | 0% | £919pcm |
| April 2011 | 3% | £919pcm |
| April 2010 | 0.6% | £892pcm |
| April 2009 | -5.2% | £887pcm |
| April 2008 | 3% | £935pcm |
| April 2007 | 0% | £908pcm |
The last sale was on 30th June 2021 for £430,000 and since then the market in the area has increased by 11.2%. The postcode has had a total of 15 sales since 1995.
TR1 1AX has seen no sales in the last three years and no sales in the last twelve months.
TR1 1AX is the 232nd largest and the 599th most expensive postcode out of the 711 postcodes in the TR1 area.
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The closest station to TR1 1AX is Truro station which is 1.6 kilometres away.
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