2, Parc Merys
2, Parc Merys
Description & Estimates
2, Parc Merys, Truro is recorded publicly as a modern freehold house across 1,011 ft2 of internal area, sitting on a 323 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Parc Merys, Truro is £702,598 and its rental estimate is £2,201 per month, given the available information and assuming reasonable condition.
Parc Merys, Portscatho, Truro, TR2 falls within the TR2 postal district.
Our Data Sources
2, Parc Merys, Truro has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, Parc Merys, Truro, we estimate a market value of £737,727 and a rental value of £2,311 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £653,416 and £2,047 per month respectively.
Recent Market Change
Over the last year, 2, Parc Merys, Truro has seen its estimated sale value decline by £13,845 (2.0%) and its estimated rental value climb by £97 per month (4.4%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 2, Parc Merys, Truro as measuring 323 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
2, Parc Merys, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2, Parc Merys, Truro completed on 1st August 2018 at £530,000 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 20.6% over the period since August 2018.
- Sold Aug 2018£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Parc Merys, Truro have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2024, was 4, Parc Merys, Truro, TR2 5UU, a freehold house which sold for £770,000.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Parc Merys, Portscatho, Truro, TR2, 2, Parc Merys, Truro comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £195k more expensive than the average property across the TR2 district.
More reading links
Schools Nearby
- 600mGerrans School
- 3.6kmSt Mawes Primary School
- 5.8kmVeryan CofE School
- 8.8kmFalmouth School
- 10.1kmPenryn College
- 10.5kmPenair School
More reading links
Public Transport Nearby
From 2, Parc Merys, Truro, the nearest station is Falmouth Docks, 6.6 kilometres away.
- 6.6kmFalmouth Docks
- 7.3kmFalmouth Town
- 8.3kmPenmere
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
