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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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According to the public record, 2 Terras Mill, Truro is a period house with 1,001 ft2 of internal area and sits on a 500 m2 plot.
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 Terras Mill, Truro is £349,106 and the estimated rental value is £1,322 per month.
Terras, Grampound Road, Truro, TR2 is located within the TR2 postal district.
2 Terras Mill, Truro has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Terras Mill, Truro is in very good condition we estimate a sale value of £366,562 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,669 and a rental value of £1,229 per month.
Over the last 12 months the sale value of 2 Terras Mill Truro has decreased by an estimated £6,879 (2.0%) and its rental value has increased by an estimated £58 per month (4.4%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2 Terras Mill, Truro sits on a plot of 500m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2 Terras Mill, Truro sits on the 3rd largest plot.
2 Terras Mill, Truro has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Terras Mill, Truro within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 64A, Terras Road, St. Austell, PL26 7RX, a freehold house which sold for £330,000 on the 4th May 2023.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Terras, Grampound Road, Truro, TR2 has a total of 4 addresses. According to our analysis of all the public data, 2 Terras Mill, Truro is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in TR2.
The closest station to 2 Terras Mill, Truro is St Columb Road station which is 6.8 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 Terras Mill, Truro, 37.1% of property is privately owned outright and 21.2% is privately 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 Terras Mill, Truro, 21.8% of residents are recorded as possessing school level qualifications and 40.3% 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 Terras Mill, Truro, the average age was 42.8 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 Terras Mill, Truro, 0.8% 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 Terras Mill, Truro, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
