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Public records show 16, Gerrans Hill, Truro to be a mid-century freehold house with 1,248 ft2 of internal area, sitting on a 738 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Gerrans Hill, Truro has an estimated sale value of £775,451 and an estimated rental value of £2,303 per month, assuming reasonable condition and based on the information available.
Gerrans Hill, Portscatho, Truro, TR2 lies within the TR2 postal district.
16, Gerrans Hill, Truro has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 16, Gerrans Hill, Truro would be worth £814,223, with a potential rental value of £2,418 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £721,169, with a rental value of £2,142 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Gerrans Hill, Truro has declined by £15,281 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £102 (4.4%). The property's estimated gross yield is currently 3.6%.
16, Gerrans Hill, Truro occupies a 738 m2 plot as recorded by HM Land Registry.
Of the 33 other houses in this postcode, 28 have recorded plot sizes, and this one ranks as the 4th largest.
16, Gerrans Hill, Truro has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
16, Gerrans Hill, Truro last changed hands on 21st June 2017, selling for £435,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.8% since June 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.9 kilometres of 16, Gerrans Hill, Truro across the last 2 years.
Most recently, 26, Gerrans Hill, Truro, TR2 5EE, a freehold house, sold at £875,000 on the 22nd November 2023.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Gerrans Hill, Truro as the 4th largest and the 3rd most expensive of the 33 addresses on Gerrans Hill, Portscatho, Truro, TR2.
Against the TR2 postcode district average, it is £268k more expensive than the typical property.
Falmouth Docks station is the nearest stop to 16, Gerrans Hill, Truro at 6.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Gerrans Hill, Truro, 52.7% of property is privately owned outright and 27.0% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Gerrans Hill, Truro, 8.2% of residents are recorded as possessing school level qualifications and 47.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Gerrans Hill, Truro, the average age was 48.2 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Gerrans Hill, Truro, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Gerrans Hill, Truro, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.