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According to the public record, 7, Malthouse Close, Truro is a period leasehold apartment with 233 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Malthouse Close, Truro is £43,307 and the estimated rental value is £263 per month.
Malthouse Close, Ponsanooth, Truro, TR3 is located within the TR3 postal district.
7, Malthouse Close, Truro has 2 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated September 2020.
We combine this information with that 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.
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 7, Malthouse Close, Truro is in very good condition we estimate a sale value of £45,472 and a rental value of £276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £40,276 and a rental value of £245 per month.
Over the last 12 months the sale value of 7 Malthouse Close Truro has decreased by an estimated £539 (1.2%) and its rental value has increased by an estimated £18 per month (6.8%), giving an expected gross yield of 7.3%.
7, Malthouse Close, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2020.
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, 7, Malthouse Close, Truro was last sold on 18th September 2014 for £36,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2014, the market for similar properties has risen 315.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.7 kilometres radius of 7, Malthouse Close, Truro over the last 2 years.
The most recent example is 3, Malthouse Close, Truro, TR3 7FB, a leasehold flat which sold for £60,000 on the 19th October 2021.
Read more about house prices in TR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malthouse Close, Ponsanooth, Truro, TR3 has a total of 8 addresses. According to our analysis of all the public data, 7, Malthouse Close, Truro is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £415k less expensive than the average property in TR3.
The closest station to 7, Malthouse Close, Truro is Perranwell station which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Malthouse Close, Truro, 39.6% of property is privately owned outright and 25.4% 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 7, Malthouse Close, Truro, 20.6% of residents are recorded as possessing school level qualifications and 32.8% 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, Malthouse Close, Truro, the average age was 43.5 and the most common age was 17.
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, Malthouse Close, Truro, 0.9% 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 7, Malthouse Close, 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.