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According to the public record, 48 The Valley, Truro is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 938 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48 The Valley, Truro is £113,851 and the estimated rental value is £545 per month.
The apartment is within The Valley, Bissoe Road, Carnon Downs, Truro, TR3.
Bissoe Road, Carnon Downs, Truro, TR3 is located within the TR3 postal district.
48 The Valley, Truro has 21 entries in the Land Registry , most recently in April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48 The Valley, Truro is in very good condition we estimate a sale value of £119,543 and a rental value of £573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,881 and a rental value of £507 per month.
Over the last 12 months the sale value of 48 The Valley Truro has decreased by an estimated £667 (0.6%) and its rental value has increased by an estimated £29 per month (5.4%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 48 The Valley, Truro was last sold on 12th April 2021 for £270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 48 The Valley, Truro within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 41 The Valley, Bissoe Road, Truro, TR3 6LD, a leasehold flat which sold for £200,000 on the 1st February 2019.
Read more about house prices in TR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bissoe Road, Carnon Downs, Truro, TR3 has a total of 90 addresses. According to our analysis of all the public data, 48 The Valley, Truro is the 55th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £361k less expensive than the average property in TR3.
The closest station to 48 The Valley, Truro is Perranwell station which is 1.5 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 48 The Valley, Truro, 68.5% of property is privately owned outright and 19.7% is privately owned with a mortgage.
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 48 The Valley, Truro, 8.9% of residents are recorded as possessing school level qualifications and 38.2% 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 48 The Valley, Truro, the average age was 47.1 and the most common age was 72.
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 48 The Valley, Truro, 1.2% 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 48 The Valley, 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.
