24, Lower Castle Road
24, Lower Castle Road
Description & Estimates
24, Lower Castle Road, Truro is recorded publicly as a period freehold house across 1,506 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Lower Castle Road, Truro is £2,195,821 and its rental estimate is £6,240 per month, given the available information and assuming reasonable condition.
Lower Castle Road, St. Mawes, Truro, TR2 falls within the TR2 postal district.
Our Data Sources
24, Lower Castle Road, Truro has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property 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 24, Lower Castle Road, Truro, we estimate a market value of £2,305,612 and a rental value of £6,552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,042,113 and £5,803 per month respectively.
Recent Market Change
Over the last year, 24, Lower Castle Road, Truro has seen its estimated sale value fall by £49,565 (2.3%) and its estimated rental value move up by £252 per month (4.0%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
24, Lower Castle Road, Truro has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 May 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 24, Lower Castle Road, Truro completed on 30th July 2021 at £2,126,000 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 46.8% over the period since July 2021.
- Sold Jul 2021£2,126,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Lower Castle Road, Truro have sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was Cliff House, Castle Drive, Truro, TR2 5DE, a freehold house which sold for £1,975,000.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Lower Castle Road, St. Mawes, Truro, TR2, 24, Lower Castle Road, Truro comes out as the 15th largest and the 7th most expensive in our analysis of the public data.
It is also £1.689m more expensive than the average property across the TR2 district.
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Schools Nearby
- 400mSt Mawes Primary School
- 3.4kmGerrans School
- 3.6kmFlushing School
- 5.4kmFalmouth School
- 6.9kmPenryn College
- 12.2kmPenair School
More reading links
Public Transport Nearby
From 24, Lower Castle Road, Truro, the nearest station is Falmouth Docks, 2.7 kilometres away.
- 2.7kmFalmouth Docks
- 3.4kmFalmouth Town
- 4.6kmPenmere
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
