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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Elerkey Cottage, Truro is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,515 ft2 of internal area and sits on a 876 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Elerkey Cottage, Truro is £531,614 and the estimated rental value is £1,659 per month.
Elerkey Lane, Veryan, Truro, TR2 is located within the TR2 postal district.
Elerkey Cottage, Truro has a single entry in the Land Registry from 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 4 out of 5 and is considered of high 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 Elerkey Cottage, Truro is in very good condition we estimate a sale value of £558,195 and a rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £494,401 and a rental value of £1,543 per month.
Over the last 12 months the sale value of Elerkey Cottage Truro has decreased by an estimated £21,883 (4.1%) and its rental value has increased by an estimated £62 per month (3.8%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, Elerkey Cottage, Truro sits on a plot of 876m2.
According to HM Land Registry, Elerkey Cottage, Truro was last sold on 20th April 2007 for £370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2007, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elerkey Cottage, Truro within a radius of 6.0 kilometres over the last 2 years.
The most recent example is Verbena, Pendower Road, Truro, TR2 5QL, a freehold house which sold for £337,000 on the 7th January 2020.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elerkey Lane, Veryan, Truro, TR2 has a total of 2 addresses. According to our analysis of all the public data, Elerkey Cottage, Truro is the largest and the most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in TR2.
The closest station to Elerkey Cottage, Truro is Truro station which is 11.1 kilometres away.
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 Elerkey Cottage, Truro, 57.6% of property is privately owned outright and 22.5% is privately rented.
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 Elerkey Cottage, Truro, 12.8% of residents are recorded as possessing school level qualifications and 40.3% 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 Elerkey Cottage, Truro, the average age was 48.2 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 Elerkey Cottage, 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 Elerkey Cottage, 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.
