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7, Alice Meadow, Truro is described in the public record as a modern apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Alice Meadow, Truro is £218,818 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Alice Meadow, Grampound Road, Truro, TR2 falls within the TR2 postal district.
7, Alice Meadow, Truro has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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.
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 7, Alice Meadow, Truro, we estimate a market value of £229,758 and a rental value of £1,144 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,500 and £1,013 per month respectively.
Over the last year, 7, Alice Meadow, Truro has seen its estimated sale value move down by £861 (0.4%) and its estimated rental value increase by £69 per month (6.4%). This results in an estimated gross rental yield of 6.0%.
7, Alice Meadow, Truro has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Over the past 2 years 3 properties similar to 7, Alice Meadow, Truro have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2022, was Apartment 1, Chi An Velin, Mill Lane, Truro, TR2 4FW, a leasehold flat which sold for £239,950.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Alice Meadow, Grampound Road, Truro, TR2, 7, Alice Meadow, Truro comes out as the 31st largest and the 33rd most expensive in our analysis of the public data.
It is also £288k less expensive than the average property across the TR2 district.
From 7, Alice Meadow, Truro, the nearest station is St Columb Road, 8.8 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Alice Meadow, Truro, 28.9% of property is privately owned outright and 27.2% 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 7, Alice Meadow, Truro, 25.9% of residents are recorded as possessing school level qualifications and 27.7% 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 7, Alice Meadow, Truro, the average age was 42.3 and the most common age was 52.
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 7, Alice Meadow, Truro, 0.0% 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 7, Alice Meadow, Truro, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.