3, Penrose Meadows
3, Penrose Meadows
Description & Estimates
Public records show 3, Penrose Meadows, Truro to be a modern freehold house with 1,743 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Penrose Meadows, Truro has an estimated sale value of £579,028 and an estimated rental value of £1,660 per month, assuming reasonable condition and based on the information available.
Penrose Meadows, Goonhavern, Truro, TR4 lies within the TR4 postal district.
Our Data Sources
3, Penrose Meadows, Truro has a single entry in the Land Registry from April 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.
Price Range & Condition
In very good condition, we estimate 3, Penrose Meadows, Truro would be worth £607,980, with a potential rental value of £1,743 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £538,496, with a rental value of £1,544 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Penrose Meadows, Truro has fallen by £15,078 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £51 (3.1%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
3, 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.
Sold Prices
3, Penrose Meadows, Truro last changed hands on 23rd April 2021, selling for £550,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 6.5% since April 2021.
- Sold Apr 2021£550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 3, Penrose Meadows, Truro across the last 2 years.
Most recently, 8, Penrose Meadows, Truro, TR4 9GD, a freehold house, sold at £590,000 on the 28th May 2024.
Read more about house prices in TR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Penrose Meadows, Truro as the 7th largest and the 6th most expensive of the 8 addresses on Penrose Meadows, Goonhavern, Truro, TR4.
Against the TR4 postcode district average, it is £206k more expensive than the typical property.
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Schools Nearby
- 600mGoonhavern Primary School
- 3.2kmPerranporth Community Primary School
- 4.5kmSt Newlyn East Learning Academy
- 8.8kmRichard Lander School
- 9.3kmNewquay Tretherras
- 9.5kmPenair School
More reading links
Public Transport Nearby
Newquay station is the nearest stop to 3, Penrose Meadows, Truro at 8.7 kilometres away.
- 8.7kmNewquay
- 8.8kmTruro
- 9.0kmQuintrell Downs
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
