TR1 1PT is a residential postcode situated on Malpas Road, Truro, TR1 with 12 addresses.
It ranks as the 346th largest and 611th most expensive of the 711 postcodes in the TR1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
TR1 1PT is a residential postcode situated on Malpas Road, Truro, TR1 with 12 addresses.
It ranks as the 346th largest and 611th most expensive of the 711 postcodes in the TR1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £279,618 for 3 bedroom leasehold flats with a balcony (1,431 ft2) to £541,748 for 3 bedroom leasehold flats with a balcony (1,431 ft2) .
Monthly rental prices range from £985 pcm for 3 bed flats to £1,726 pcm for 3 bed flats.
The gross rental yield is between 3.8% and 4.4%.
The average value per square foot is £412.
The last sale in TR1 1PT sold for £409,000 on 5th March 2026. Since then prices are up an average of 1.3%.
The current average value in the postcode is £443,214.
The TR1 1PT Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £443,214 |
| April 2025 | -2.2% | £446,986 |
| April 2024 | 0.6% | £456,920 |
| April 2023 | -0.8% | £454,273 |
| April 2022 | 15.9% | £458,100 |
| April 2021 | 3.3% | £395,400 |
| April 2020 | 2% | £382,909 |
| April 2019 | 0.8% | £375,580 |
| April 2018 | 1.5% | £372,778 |
| April 2017 | 0% | £367,185 |
| April 2016 | 0.8% | £367,313 |
| April 2015 | 2.6% | £364,289 |
| April 2014 | 5.7% | £355,110 |
| April 2013 | -2.9% | £336,114 |
| April 2012 | 1.2% | £345,997 |
| April 2011 | 0.2% | £341,803 |
| April 2010 | -0.6% | £341,063 |
| April 2009 | -7.7% | £343,015 |
| April 2008 | -2.3% | £371,811 |
| April 2007 | 0% | £380,577 |
The current average rental value in the postcode is £1,477.
The TR1 1PT Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 7.2% | £1,477pcm |
| April 2025 | 3.7% | £1,378pcm |
| April 2024 | 5.6% | £1,328pcm |
| April 2023 | 4.5% | £1,258pcm |
| April 2022 | 9% | £1,203pcm |
| April 2021 | 3.8% | £1,104pcm |
| April 2020 | 2.1% | £1,064pcm |
| April 2019 | 2.6% | £1,042pcm |
| April 2018 | -1% | £1,015pcm |
| April 2017 | 0.3% | £1,026pcm |
| April 2016 | -1.1% | £1,023pcm |
| April 2015 | 2.5% | £1,035pcm |
| April 2014 | 2.2% | £1,010pcm |
| April 2013 | 1.6% | £988pcm |
| April 2012 | 0.6% | £973pcm |
| April 2011 | 0.7% | £967pcm |
| April 2010 | -0.3% | £961pcm |
| April 2009 | -3.3% | £963pcm |
| April 2008 | 1% | £996pcm |
| April 2007 | 0% | £986pcm |
The last sale was on 5th March 2026 for £409,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 32 sales since 1995.
TR1 1PT has seen 3 sales in the last three years and 1 sale in the last twelve months.
TR1 1PT is the 346th largest and the 611th most expensive postcode out of the 711 postcodes in the TR1 area.
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The closest station to TR1 1PT is Truro station which is 1.4 kilometres away.
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