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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
The public record lists 5, The Terrace, Truro as a freehold house sitting on a 699 m2 plot.
Comparison with its neighbours suggests a modern house with 2,416 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
5, The Terrace, Truro has an estimated sale value of £529,110 and an estimated rental value of £1,977 per month, assuming reasonable condition and based on the information available.
The Terrace, Chacewater, Truro, TR4 lies within the TR4 postal district.
5, The Terrace, Truro has 4 entries in the Land Registry , most recently in May 2018 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 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 5, The Terrace, Truro would be worth £555,566, with a potential rental value of £2,075 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £492,073, with a rental value of £1,838 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, The Terrace, Truro has dropped by £23,634 (4.5%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (2.0%). The property's estimated gross yield is currently 4.5%.
5, The Terrace, Truro occupies a 699 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 4th largest.
5, The Terrace, Truro last changed hands on 4th May 2018, selling for £495,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 53.0% since May 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.7 kilometres of 5, The Terrace, Truro across the last 2 years.
Most recently, 8, High Street, Truro, TR4 8LW, a freehold house, sold at £599,950 on the 9th May 2024.
Read more about house prices in TR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, The Terrace, Truro as the largest and the 2nd most expensive of the 30 addresses on The Terrace, Chacewater, Truro, TR4.
Against the TR4 postcode district average, it is £156k more expensive than the typical property.
Redruth station is the nearest stop to 5, The Terrace, Truro at 5.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Terrace, Truro, 37.3% of property is privately owned outright and 34.3% 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 Terrace, Truro, 17.3% of residents are recorded as possessing school level qualifications and 43.0% 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 Terrace, 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 5, The Terrace, Truro, 1.0% 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 Terrace, Truro, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
