4, Commercial Road
4, Commercial Road
Description & Estimates
4, Commercial Road, Truro is recorded publicly as a period freehold house across 249 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Commercial Road, Truro is £323,803 and its rental estimate is £1,070 per month, given the available information and assuming reasonable condition.
Commercial Road, St. Mawes, Truro, TR2 falls within the TR2 postal district.
Our Data Sources
4, Commercial Road, Truro has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated May 2011.
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 4, Commercial Road, Truro, we estimate a market value of £339,993 and a rental value of £1,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,137 and £996 per month respectively.
Recent Market Change
Over the last year, 4, Commercial Road, Truro has seen its estimated sale value decline by £6,347 (2.0%) and its estimated rental value climb by £47 per month (4.4%). This results in an estimated gross rental yield of 4.0%.
Energy Efficiency
4, Commercial Road, Truro has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 May 2011.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 4, Commercial Road, Truro completed on 7th October 2020 at £499,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 13.5% over the period since October 2020.
- Sold Oct 2020£499,995
- Sold Oct 2003£271,500
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 4, Commercial Road, Truro has sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was Harbours Reach, Bohella Road, Truro, TR2 5DL, a freehold house which sold for £189,950.
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 24 addresses on Commercial Road, St. Mawes, Truro, TR2, 4, Commercial Road, Truro comes out as the 24th largest and the 16th most expensive in our analysis of the public data.
It is also £183k less expensive than the average property across the TR2 district.
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Schools Nearby
- 200mSt Mawes Primary School
- 3.1kmGerrans School
- 3.9kmFlushing School
- 5.7kmFalmouth School
- 7.2kmPenryn College
- 12.2kmPenair School
More reading links
Public Transport Nearby
From 4, Commercial Road, Truro, the nearest station is Falmouth Docks, 3.0 kilometres away.
- 3.0kmFalmouth Docks
- 3.7kmFalmouth Town
- 4.9kmPenmere
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.
