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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Penrose Meadows, Truro is recorded publicly as a modern freehold house across 1,743 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Penrose Meadows, Truro is £579,028 and its rental estimate is £1,660 per month, given the available information and assuming reasonable condition.
Penrose Meadows, Goonhavern, Truro, TR4 falls within the TR4 postal district.
2, Penrose Meadows, Truro has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
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.
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, Penrose Meadows, Truro, we estimate a market value of £607,980 and a rental value of £1,743 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £538,496 and £1,544 per month respectively.
Over the last year, 2, Penrose Meadows, Truro has seen its estimated sale value move down by £15,078 (2.6%) and its estimated rental value increase by £51 per month (3.1%). This results in an estimated gross rental yield of 3.4%.
2, Penrose Meadows, Truro has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
The most recent sale of 2, Penrose Meadows, Truro completed on 30th June 2021 at £545,000 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 risen by 2.5% over the period since June 2021.
Over the past 2 years 3 properties similar to 2, Penrose Meadows, Truro have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2024, was 8, Penrose Meadows, Truro, TR4 9GD, a freehold house which sold for £590,000.
Read more about house prices in TR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Penrose Meadows, Goonhavern, Truro, TR4, 2, Penrose Meadows, Truro comes out as the 8th largest and the 7th most expensive in our analysis of the public data.
It is also £206k more expensive than the average property across the TR4 district.
From 2, Penrose Meadows, Truro, the nearest station is Newquay, 8.7 kilometres away.
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 2, Penrose Meadows, Truro, 35.4% of property is privately owned outright and 30.1% is socially 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 2, Penrose Meadows, Truro, 24.0% of residents are recorded as possessing school level qualifications and 32.7% 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, Penrose Meadows, Truro, the average age was 45 and the most common age was 52.
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, Penrose Meadows, 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 2, Penrose Meadows, Truro, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
