7, Commercial Road
7, Commercial Road
Description & Estimates
7, Commercial Road, Truro appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 561 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Commercial Road, Truro is £537,399 and its rental estimate is £1,777 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
7, Commercial Road, Truro has 21 entries in the Land Registry , most recently in April 2007 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.
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 7, Commercial Road, Truro, we estimate a market value of £564,269 and a rental value of £1,865 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £499,781 and £1,652 per month respectively.
Recent Market Change
Over the last year, 7, Commercial Road, Truro has seen its estimated sale value drop by £10,535 (2.0%) and its estimated rental value rise by £78 per month (4.4%). This results in an estimated gross rental yield of 4.0%.
Sold Prices
The most recent sale of 7, Commercial Road, Truro completed on 17th April 2007 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 5.3% over the period since April 2007.
- Sold Apr 2007£225,000
- Sold Sep 1998£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Commercial Road, Truro have sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2019, was Trewillum, Polvarth Road, Truro, TR2 5AY, a freehold house which sold for £300,000.
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, 7, Commercial Road, Truro comes out as the 14th largest and the 10th most expensive in our analysis of the public data.
It is also £30k more 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 7, 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.
