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Melin DriveHouse Prices / South West, Cornwall
Last updated Jun 2026
Key Street Insights
Melin Drive is a residential street with 5 addresses.
It ranks as the 67th largest and 451st most expensive of the 458 streets in the TR1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
5
Properties
- Houses
Key Street Insights
Melin Drive is a residential street with 5 addresses.
It ranks as the 67th largest and 451st most expensive of the 458 streets in the TR1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
5
Properties
- Houses
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House Priceson Melin Drive
Sale prices range from £786,534 for 5 bedroom freehold houses with a garden (1,980 ft2) to £932,826 for 5 bedroom freehold houses with a garden (2,206 ft2) .
Monthly rental prices range from £2,174 pcm for 5 bed houses to £2,578 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 3.3%.
The average value per square foot is £423.
Average Sale Value
£855,369
Average Rental Value
£2,340 pcm
Average Rental Yield
3.3% /year
Average Value Per Sqft
£423 /ft2
Sales Market Trendson Melin Drive
The last sale on Melin Drive sold for £870,000 on 30th May 2024. Since then prices are down an average of 4.3%.
The current average value in the street is £855,369.
The Melin Drive Sales Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.1% | £855,369 |
| May 2025 | -1% | £882,441 |
| May 2024 | 0.9% | £891,565 |
| May 2023 | -1.1% | £883,380 |
| May 2022 | 19.6% | £893,462 |
| May 2021 | 7.9% | £747,082 |
| May 2020 | 1.4% | £692,280 |
| May 2019 | 2.3% | £682,837 |
| May 2018 | 3.6% | £667,407 |
| May 2017 | 2% | £644,449 |
| May 2016 | 4% | £631,965 |
| May 2015 | 1.9% | £607,564 |
| May 2014 | 3.7% | £596,344 |
| May 2013 | -1.6% | £574,799 |
| May 2012 | -0.4% | £583,925 |
| May 2011 | 4.7% | £586,199 |
| May 2010 | 2.3% | £560,040 |
| May 2009 | -6.6% | £547,210 |
| May 2008 | -1.1% | £585,898 |
| May 2007 | 0% | £592,378 |
Rental Market Trendson Melin Drive
The current average rental value in the street is £2,340.
The Melin Drive Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £2,340pcm |
| May 2025 | 4.2% | £2,276pcm |
| May 2024 | 5.5% | £2,184pcm |
| May 2023 | 5.8% | £2,069pcm |
| May 2022 | 12.1% | £1,957pcm |
| May 2021 | 8.7% | £1,745pcm |
| May 2020 | 1.4% | £1,605pcm |
| May 2019 | 3.6% | £1,583pcm |
| May 2018 | 1.1% | £1,527pcm |
| May 2017 | 2.7% | £1,510pcm |
| May 2016 | 1.7% | £1,470pcm |
| May 2015 | 1.8% | £1,447pcm |
| May 2014 | 0.6% | £1,422pcm |
| May 2013 | 1.7% | £1,414pcm |
| May 2012 | -0.7% | £1,390pcm |
| May 2011 | 5.4% | £1,400pcm |
| May 2010 | 3.7% | £1,328pcm |
| May 2009 | -5.1% | £1,281pcm |
| May 2008 | 4.6% | £1,349pcm |
| May 2007 | 0% | £1,290pcm |
Sales Historyon Melin Drive, Truro, TR1
The last sale was on 30th May 2024 for £870,000 and since then the market in the area has decreased by 4.3%. The street has had a total of 9 sales since 1995.
Melin Drive, Truro, TR1 has seen 1 sale in the last three years and no sales in the last twelve months.
Sold May 2024£870,000 | 4 Bed HouseMelin Drive1, Melin Drive, Truro, TR1 3FU
Sold Apr 2022£1,000,000 | 5 Bed HouseMelin Drive4, Melin Drive, Truro, TR1 3FU
Sold Jan 2022£1,150,000 | 5 Bed HouseMelin Drive2, Melin Drive, Truro, TR1 3FU
Sold Mar 2021£650,000 | 4 Bed HouseMelin Drive1, Melin Drive, Truro, TR1 3FU
Sold Feb 2021£690,000 | 5 Bed HouseMelin Drive3, Melin Drive, Truro, TR1 3FU
Sold Nov 2020£790,000 | 5 Bed HouseMelin Drive2, Melin Drive, Truro, TR1 3FU
Sold Aug 2020£720,000 | 4 Bed HouseMelin Drive5, Melin Drive, Truro, TR1 3FU
Sold Apr 2020£695,000 | 5 Bed HouseMelin Drive4, Melin Drive, Truro, TR1 3FU
Sold Dec 2018£437,250 | 4 Bed HouseMelin Drive5, Melin Drive, Truro, TR1 3FU
Nearby Streetsto Melin Drive, Truro, TR1
Melin Drive, Truro, TR1 is the 67th largest and the 451st most expensive street in the TR1 area.
- 62 mNewmills Lane, Truro, TR16 Addresses
- 74 mHamilton Close, Truro, TR13 Addresses
- 119 mPencarrick Close, Truro, TR16 Addresses
- 120 mNewmills Close, Truro, TR15 Addresses
- 124 mKenwyn Hill, Truro, TR12 Addresses
- 170 mKenwyn Park, Truro, TR14 Addresses
Postcodeson Melin Drive, Truro, TR1
There is 1 postcode on Melin Drive, Truro, TR1.
- House prices in TR1 3FU5 Addresses
Property Typesin Melin Drive
- 5 modern houses built after 1980
- modern house (5)
Energy Efficiencyof properties on Melin Drive
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (5)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto Melin Drive, Truro, TR1
The nearest primary school to Melin Drive, Truro, TR1 is St Mary's CofE School, Truro which is 700 metres away.
- 700mSt Mary's CofE School, Truro
- 1.0kmTruro Learning Academy
- 1.1kmBosvigo School
The nearest secondary school is Penair School which is 2.6 kilometres away.
- 2.6kmPenair School
- 2.9kmRichard Lander School
- 11.4kmThe Roseland Academy
More reading links
Public Transport Nearbyto Melin Drive, Truro, TR1
The closest station to Melin Drive, Truro, TR1 is Truro station which is 800 metres away.
- 800mTruro
- 6.9kmPerranwell
- 11.7kmPenryn (Cornwall)
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