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According to the public record, Bay Tree Cottage, Truro is a period freehold house with 1,173 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Bay Tree Cottage, Truro is £546,680 and the estimated rental value is £1,592 per month.
Point Green, Devoran, Truro, TR3 is located within the TR3 postal district.
Bay Tree Cottage, Truro has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Bay Tree Cottage, Truro is in very good condition we estimate a sale value of £574,014 and a rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,413 and a rental value of £1,480 per month.
Over the last 12 months the sale value of Bay Tree Cottage Truro has decreased by an estimated £4,131 (0.8%) and its rental value has increased by an estimated £69 per month (4.3%), giving an expected gross yield of 3.5%.
Bay Tree Cottage, Truro has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 May 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Bay Tree Cottage, Truro was last sold on 3rd January 2008 for £410,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bay Tree Cottage, Truro within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 3, Point Green, Truro, TR3 6NH, a freehold house which sold for £475,000 on the 21st May 2021.
Read more about house prices in TR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Point Green, Devoran, Truro, TR3 has a total of 20 addresses. According to our analysis of all the public data, Bay Tree Cottage, Truro is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in TR3.
The closest station to Bay Tree Cottage, 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 Bay Tree Cottage, Truro, 63.9% of property is privately owned outright and 28.7% 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 Bay Tree Cottage, Truro, 16.4% of residents are recorded as possessing school level qualifications and 55.2% 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 Bay Tree Cottage, 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 Bay Tree Cottage, Truro, 4.1% 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 Bay Tree Cottage, Truro, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.