7, Penrose Meadows
7, Penrose Meadows
Description & Estimates
7, Penrose Meadows, Truro is recorded publicly as a modern freehold house across 2,098 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Penrose Meadows, Truro is £660,641 and its rental estimate is £1,945 per month, given the available information and assuming reasonable condition.
Penrose Meadows, Goonhavern, Truro, TR4 falls within the TR4 postal district.
Our Data Sources
7, Penrose Meadows, Truro has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Penrose Meadows, Truro, we estimate a market value of £693,673 and a rental value of £2,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £614,396 and £1,809 per month respectively.
Recent Market Change
Over the last year, 7, Penrose Meadows, Truro has seen its estimated sale value fall by £29,509 (4.5%) and its estimated rental value move up by £39 per month (2.0%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
7, Penrose Meadows, Truro has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 7, Penrose Meadows, Truro completed on 22nd December 2022 at £730,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 11.8% over the period since December 2022.
- Sold Dec 2022£730,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Penrose Meadows, Truro have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2024, was Gwithian, Frances View, Engelly Road, Truro, TR4 9GE, a freehold house which sold for £855,000.
Read more about house prices in TR4.
- Sold Nov 2024£855,000 | 5 Bed HouseFrances View, Engelly RoadGwithian, Frances View, Engelly Road, Truro, TR4 9GE
- Sold Aug 2022£820,000 | 5 Bed HouseFrances View, Engelly RoadBallanoone House, Frances View, Engelly Road, Truro, TR4 9GE
- Sold May 2022£810,000 | 5 Bed HouseFrances View, Engelly RoadGwenver, Frances View, Engelly Road, Truro, TR4 9GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Penrose Meadows, Goonhavern, Truro, TR4, 7, Penrose Meadows, Truro comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £287k more expensive than the average property across the TR4 district.
More reading links
Schools Nearby
- 600mGoonhavern Primary School
- 3.2kmPerranporth Community Primary School
- 4.5kmSt Newlyn East Learning Academy
- 8.8kmRichard Lander School
- 9.3kmNewquay Tretherras
- 9.5kmPenair School
More reading links
Public Transport Nearby
From 7, Penrose Meadows, Truro, the nearest station is Newquay, 8.7 kilometres away.
- 8.7kmNewquay
- 8.8kmTruro
- 9.0kmQuintrell Downs
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
