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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, 5, The Spires, Truro is a modern freehold house with 2,281 ft2 of internal area and sits on a 787 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Spires, Truro is £709,815 and the estimated rental value is £1,962 per month.
The Spires, Truro, TR1 is located within the TR1 postal district.
5, The Spires, Truro has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, The Spires, Truro is in very good condition we estimate a sale value of £745,305 and a rental value of £2,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £660,128 and a rental value of £1,825 per month.
Over the last 12 months the sale value of 5 The Spires Truro has decreased by an estimated £28,026 (3.9%) and its rental value has increased by an estimated £40 per month (2.0%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 5, The Spires, Truro sits on a plot of 787m2.
We have plot size data on 4 out of 4 other houses in the postcode and 5, The Spires, Truro sits on the 4th largest plot.
5, The Spires, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, The Spires, Truro was last sold on 21st July 2023 for £735,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Spires, Truro within a radius of 910 metres over the last 2 years.
The most recent example is Tor Vean, Kenwyn Road, Truro, TR1 3SY, a freehold house which sold for £656,000 on the 12th July 2024.
Read more about house prices in TR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spires, Truro, TR1 has a total of 6 addresses. According to our analysis of all the public data, 5, The Spires, Truro is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £391k more expensive than the average property in TR1.
The closest station to 5, The Spires, Truro is Truro station which is 900 metres 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 5, The Spires, Truro, 71.3% of property is privately owned outright and 19.4% 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 5, The Spires, Truro, 10.4% of residents are recorded as possessing school level qualifications and 42.5% 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 5, The Spires, Truro, the average age was 42.5 and the most common age was 32.
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 5, The Spires, Truro, 2.9% 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 5, The Spires, Truro, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
