2 Penelewey Barns, Truro
2 Penelewey Barns, Truro
Description & Estimates
2 Penelewey Barns, Truro appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,398 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2 Penelewey Barns, Truro is £600,659 and its rental estimate is £1,754 per month, given the available information and assuming reasonable condition.
Kea, Truro, TR3 falls within the TR3 postal district.
Our Data Sources
2 Penelewey Barns, Truro has a single entry in the Land Registry from January 2022 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 1 out of 5 and is considered of low 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 Penelewey Barns, Truro, we estimate a market value of £630,692 and a rental value of £1,842 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £558,613 and £1,631 per month respectively.
Recent Market Change
Over the last year, 2 Penelewey Barns, Truro has seen its estimated sale value drop by £10,449 (1.7%) and its estimated rental value rise by £65 per month (3.7%). This results in an estimated gross rental yield of 3.5%.
Sold Prices
The most recent sale of 2 Penelewey Barns, Truro completed on 6th January 2022 at £580,000 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 7.8% over the period since January 2022.
- Sold Jan 2022£580,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Penelewey Barns, Truro have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2022, was 1 Penelewey Barns, Truro, TR3 6AU, a freehold house which sold for £574,000.
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
Of the 19 addresses on Kea, Truro, TR3, 2 Penelewey Barns, Truro comes out as the 10th largest and the 11th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the TR3 district.
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Schools Nearby
- 1.8kmKea Community Primary School
- 2.8kmDevoran School
- 3.9kmBosvigo School
- 4.8kmRichard Lander School
- 5.0kmPenair School
- 7.8kmPenryn College
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Public Transport Nearby
From 2 Penelewey Barns, Truro, the nearest station is Perranwell, 3.8 kilometres away.
- 3.8kmPerranwell
- 4.2kmTruro
- 7.2kmPenryn (Cornwall)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
