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According to the public record, 2 Olive Villas, Truro is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 791 ft2 of internal area and sits on a 30.5 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Olive Villas, Truro is £275,091 and the estimated rental value is £1,310 per month.
Devoran, Truro, TR3 is located within the TR3 postal district.
2 Olive Villas, Truro has 31 entries in the Land Registry , most recently in June 2008 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 2 out of 5 and is considered of medium accuracy.
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 Olive Villas, Truro is in very good condition we estimate a sale value of £288,845 and a rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,834 and a rental value of £1,218 per month.
Over the last 12 months the sale value of 2 Olive Villas Truro has decreased by an estimated £9,687 (3.5%) and its rental value has increased by an estimated £56 per month (4.3%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2 Olive Villas, Truro sits on a plot of 30m2.
We have plot size data on 3 out of 5 other houses in the postcode and 2 Olive Villas, Truro sits on the 2nd largest plot.
According to HM Land Registry, 2 Olive Villas, Truro was last sold on 16th June 2008 for £178,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2008, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Olive Villas, Truro within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Pump Cottage 8, Devoran Lane, Truro, TR3 6PA, a freehold house which sold for £280,000 on the 4th March 2021.
Read more about house prices in TR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devoran, Truro, TR3 has a total of 44 addresses. According to our analysis of all the public data, 2 Olive Villas, Truro is the 27th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in TR3.
The closest station to 2 Olive Villas, Truro is Perranwell station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Olive Villas, Truro, 50.0% of property is privately owned outright and 33.1% is privately owned with a mortgage.
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 2 Olive Villas, Truro, 17.5% of residents are recorded as possessing school level qualifications and 62.6% 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 2 Olive Villas, Truro, the average age was 47.1 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 2 Olive Villas, Truro, 1.1% 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 2 Olive Villas, Truro, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.