2, Chapel Meadows
2, Chapel Meadows
Description & Estimates
According to the public record, 2, Chapel Meadows, Truro is a modern freehold house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chapel Meadows, Truro is £272,887 and the estimated rental value is £1,436 per month.
Chapel Meadows, Perranwell Station, Truro, TR3 is located within the TR3 postal district.
Our Data Sources
2, Chapel Meadows, Truro has 41 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Chapel Meadows, Truro is in very good condition we estimate a sale value of £286,532 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,785 and a rental value of £1,335 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Chapel Meadows, Truro has declined by £2,062 (0.8%), while its estimated rental value has climbed by £62 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
2, Chapel Meadows, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 2, Chapel Meadows, Truro was last sold on 4th July 2022 for £300,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2022, the market for similar properties has dropped by 15.5%.
- Sold Jul 2022£300,000
- Sold Apr 2021£220,000
- Sold Nov 2015£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chapel Meadows, Truro within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1, Chapel Meadows, Truro, TR3 7QY, a freehold house which sold for £260,000 on the 28th October 2022.
Read more about house prices in TR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chapel Meadows, Perranwell Station, Truro, TR3 has a total of 5 addresses. According to our analysis of all the public data, 2, Chapel Meadows, Truro is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in TR3.
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Schools Nearby
- 600mPerran-Ar-Worthal Community Primary School
- 1.7kmDevoran School
- 1.9kmCusgarne Primary School
- 5.3kmPenryn College
- 5.3kmRichard Lander School
- 6.4kmFalmouth School
More reading links
Public Transport Nearby
The closest station to 2, Chapel Meadows, Truro is Perranwell station, which is 600 metres away.
- 600mPerranwell
- 4.8kmPenryn (Cornwall)
- 6.8kmTruro
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
