Melin Drive - TR1 3FU
Key Street Insights
Melin Drive is a residential street with 5 addresses.
It ranks as the 67th largest and 449th most expensive of the 458 streets in the TR1 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £855,515
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,995pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 2.8%/year/yr
Key Street Insights
Melin Drive is a residential street with 5 addresses.
It ranks as the 67th largest and 449th most expensive of the 458 streets in the TR1 area. The most common property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £855,515
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,995pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 2.8%/year/yr
Explore Properties on Melin Drive, Truro, TR1
- 1 Melin Drive
5 Bed Modern House
- 2 Melin Drive
5 Bed Modern House
- 3 Melin Drive
5 Bed Modern House
- 4 Melin Drive
5 Bed Modern House
- 5 Melin Drive
5 Bed Modern House
Sales Market Trends
The last sale on Melin Drive sold for £870,000 on 30th May 2024. Since then prices are down an average of 6.1%.
The current average value in the street is £855,515.
The Melin Drive Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -5.1% | £855,515 |
| July 2025 | -0.6% | £901,667 |
| July 2024 | 0.7% | £907,232 |
| July 2023 | -2.5% | £901,251 |
| July 2022 | 17.9% | £924,082 |
| July 2021 | 10.1% | £783,820 |
| July 2020 | 2% | £711,811 |
| July 2019 | 2.6% | £697,652 |
| July 2018 | 3.5% | £679,654 |
| July 2017 | 2.1% | £656,926 |
| July 2016 | 4.9% | £643,664 |
| July 2015 | 1.5% | £613,552 |
| July 2014 | 3.5% | £604,526 |
| July 2013 | -0.6% | £584,155 |
| July 2012 | -0.5% | £587,513 |
| July 2011 | 3.1% | £590,619 |
| July 2010 | 3.8% | £572,935 |
| July 2009 | -4.1% | £552,055 |
| July 2008 | -3.5% | £575,846 |
| July 2007 | 0% | £596,764 |
Rental Market Trends
The current average rental value in the street is £1,995.
The Melin Drive Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.1% | £1,995pcm |
| July 2025 | 3.5% | £1,954pcm |
| July 2024 | 5.4% | £1,889pcm |
| July 2023 | 5.5% | £1,792pcm |
| July 2022 | 9.2% | £1,699pcm |
| July 2021 | 13.7% | £1,556pcm |
| July 2020 | 1.3% | £1,368pcm |
| July 2019 | 3.6% | £1,351pcm |
| July 2018 | 1.3% | £1,303pcm |
| July 2017 | 2.8% | £1,286pcm |
| July 2016 | 1.4% | £1,251pcm |
| July 2015 | 1.7% | £1,233pcm |
| July 2014 | 0.9% | £1,213pcm |
| July 2013 | 1.2% | £1,202pcm |
| July 2012 | 0.3% | £1,188pcm |
| July 2011 | 3.3% | £1,184pcm |
| July 2010 | 5.9% | £1,146pcm |
| July 2009 | -4.9% | £1,082pcm |
| July 2008 | 5.5% | £1,137pcm |
| July 2007 | 0% | £1,078pcm |
Sales History
The last recorded sale was on 30th May 2024 for £870,000 and since then the market in the area has decreased by 6.1%.
Melin Drive, Truro, TR1 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold May 2024£870,000 | 5 Bed House1, Melin Drive, Truro, TR1 3FU1, Melin Drive, Truro, TR1 3FU
- Sold Apr 2022£1,000,000 | 5 Bed House4, Melin Drive, Truro, TR1 3FU4, Melin Drive, Truro, TR1 3FU
- Sold Jan 2022£1,150,000 | 5 Bed House2, Melin Drive, Truro, TR1 3FU2, Melin Drive, Truro, TR1 3FU
Top 3 Most Expensive Sales
- Sold Jan 2022£1,150,000 | 5 Bed House2, Melin Drive, Truro, TR1 3FU2, Melin Drive, Truro, TR1 3FU
- Sold Apr 2022£1,000,000 | 5 Bed House4, Melin Drive, Truro, TR1 3FU4, Melin Drive, Truro, TR1 3FU
- Sold May 2024£870,000 | 5 Bed House1, Melin Drive, Truro, TR1 3FU1, Melin Drive, Truro, TR1 3FU
Nearby Streets
Melin Drive, Truro, TR1 is the 67th largest and the 449th most expensive street in the TR1 area.
- Newmills Lane, Truro, TR16 Addresses|62 m away
- Hamilton Close, Truro, TR13 Addresses|74 m away
- Pencarrick Close, Truro, TR16 Addresses|119 m away
- Newmills Close, Truro, TR15 Addresses|120 m away
- Kenwyn Hill, Truro, TR12 Addresses|124 m away
- Kenwyn Park, Truro, TR14 Addresses|170 m away
Property Types
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (5)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- St Mary's CofE School, Truro700 m away
- Truro Learning Academy1.0 km away
- Bosvigo School1.1 km away
- Penair School2.6 km away
- Richard Lander School2.9 km away
- The Roseland Academy11.4 km away
More reading links
Public Transport Nearby
The closest station to Melin Drive, Truro, TR1 - TR1 3FU is Truro station, which is 800 metres away.
- Truro|800 m away
- Perranwell|6.9 km away
- Penryn (Cornwall)|11.7 km away