Melrose Terrace - TR1 1EZ
Key Street Insights
Melrose Terrace is a residential street with 4 addresses.
It ranks as the 52nd largest of the 458 streets in the TR1 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £244,811
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,169pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £222/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Street Insights
Melrose Terrace is a residential street with 4 addresses.
It ranks as the 52nd largest of the 458 streets in the TR1 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £244,811
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,169pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £222/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties on Melrose Terrace, Truro, TR1
- 1 Melrose Terrace
4 Bed Period House
- 2 Melrose Terrace
3 Bed Period House
- 3 Melrose Terrace
House
- 4 Melrose Terrace
House
Sales Market Trends
The last sale on Melrose Terrace sold for £235,000 on 14th June 2022. Since then prices are down an average of 4.4%.
The current average value in the street is £244,811.
The Melrose Terrace Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -3.6% | £244,811 |
| July 2025 | 0.7% | £253,951 |
| July 2024 | 0.2% | £252,234 |
| July 2023 | -2.7% | £251,779 |
| July 2022 | 18.2% | £258,646 |
| July 2021 | 8.2% | £218,755 |
| July 2020 | 1.6% | £202,124 |
| July 2019 | 2.2% | £198,988 |
| July 2018 | 3.8% | £194,798 |
| July 2017 | 0.6% | £187,653 |
| July 2016 | 4% | £186,527 |
| July 2015 | 2.4% | £179,289 |
| July 2014 | 3.9% | £175,139 |
| July 2013 | -0.9% | £168,568 |
| July 2012 | 0.3% | £170,166 |
| July 2011 | 1.2% | £169,647 |
| July 2010 | 4.3% | £167,574 |
| July 2009 | -8.2% | £160,633 |
| July 2008 | -3.4% | £174,950 |
| July 2007 | 0% | £181,064 |
Rental Market Trends
The current average rental value in the street is £1,169.
The Melrose Terrace Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.7% | £1,169pcm |
| July 2025 | 4.8% | £1,127pcm |
| July 2024 | 4.9% | £1,075pcm |
| July 2023 | 5.3% | £1,025pcm |
| July 2022 | 9.5% | £974pcm |
| July 2021 | 11.9% | £889pcm |
| July 2020 | 0.8% | £795pcm |
| July 2019 | 3.1% | £788pcm |
| July 2018 | 1.6% | £764pcm |
| July 2017 | 1.4% | £752pcm |
| July 2016 | 0.6% | £742pcm |
| July 2015 | 2.6% | £737pcm |
| July 2014 | 1.3% | £719pcm |
| July 2013 | 0.8% | £710pcm |
| July 2012 | 1.1% | £704pcm |
| July 2011 | 1.5% | £696pcm |
| July 2010 | 6.5% | £686pcm |
| July 2009 | -8.9% | £644pcm |
| July 2008 | 5.7% | £707pcm |
| July 2007 | 0% | £669pcm |
Sales History
The last recorded sale was on 14th June 2022 for £235,000 and since then the market in the area has decreased by 4.4%.
Melrose Terrace, Truro, TR1 has had 3 sales since 1995, none of them in the last three years.
- Sold Jun 2022£235,000 | 3 Bed House2, Melrose Terrace, Truro, TR1 1EZ2, Melrose Terrace, Truro, TR1 1EZ
- Sold Sep 2021£220,081 | 3 Bed House2, Melrose Terrace, Truro, TR1 1EZ2, Melrose Terrace, Truro, TR1 1EZ
- Sold Mar 2017£240,000 | 4 Bed House1, Melrose Terrace, Truro, TR1 1EZ1, Melrose Terrace, Truro, TR1 1EZ
Top 3 Most Expensive Sales
- Sold Mar 2017£240,000 | 4 Bed House1, Melrose Terrace, Truro, TR1 1EZ1, Melrose Terrace, Truro, TR1 1EZ
- Sold Jun 2022£235,000 | 3 Bed House2, Melrose Terrace, Truro, TR1 1EZ2, Melrose Terrace, Truro, TR1 1EZ
- Sold Jun 2005£227,000 | 3 Bed House2, Melrose Terrace, Truro, TR1 1EZ2, Melrose Terrace, Truro, TR1 1EZ
Nearby Streets
Melrose Terrace, Truro, TR1 is the 52nd largest and the 158th most expensive street in the TR1 area.
- Middle Rosewin Row, Truro, TR16 Addresses|40 m away
- Festival Gardens, Truro, TR16 Addresses|50 m away
- Parkins Terrace, Truro, TR18 Addresses|52 m away
- St. Clement Street, Truro, TR110 Addresses|67 m away
- Truro Vean Terrace, Truro, TR119 Addresses|77 m away
- Rosewin Row, Truro, TR120 Addresses|78 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- Archbishop Benson CofE Primary School500 m away
- St Mary's CofE School, Truro700 m away
- Bosvigo School800 m away
- Penair School1.4 km away
- Richard Lander School3.8 km away
- The Roseland Academy10.2 km away
More reading links
Public Transport Nearby
The closest station to Melrose Terrace, Truro, TR1 - TR1 1EZ is Truro station, which is 1.1 kilometres away.
- Truro|1.1 km away
- Perranwell|7.0 km away
- Penryn (Cornwall)|11.4 km away