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18, Gerrans Hill, Truro appears in the public record as a freehold house sitting on a 621 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,114 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 18, Gerrans Hill, Truro is £566,210 and its rental estimate is £1,734 per month, given the available information and assuming reasonable condition.
Gerrans Hill, Portscatho, Truro, TR2 falls within the TR2 postal district.
18, Gerrans Hill, Truro has a single entry in the Land Registry from June 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Gerrans Hill, Truro, we estimate a market value of £594,521 and a rental value of £1,820 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £526,575 and £1,612 per month respectively.
Over the last year, 18, Gerrans Hill, Truro has seen its estimated sale value decrease by £11,157 (2.0%) and its estimated rental value grow by £77 per month (4.4%). This results in an estimated gross rental yield of 3.7%.
HM Land Registry records the plot of land for 18, Gerrans Hill, Truro as measuring 621 m2.
That makes it the 8th largest plot in the postcode, where 28 of the 33 other houses have recorded plot data.
The most recent sale of 18, Gerrans Hill, Truro completed on 24th June 2010 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.1% over the period since June 2010.
Over the past 2 years 3 properties similar to 18, Gerrans Hill, Truro have sold within a radius of 5.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th February 2024, was 33, Gerrans Hill, Truro, TR2 5EE, a freehold house which sold for £498,232.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Gerrans Hill, Portscatho, Truro, TR2, 18, Gerrans Hill, Truro comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the TR2 district.
From 18, Gerrans Hill, Truro, the nearest station is Falmouth Docks, 6.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, 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 18, 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 18, 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 18, 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 18, 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.