Flat 4, Prospect Cottage 107
Flat 4, Prospect Cottage 107
Description & Estimates
Flat 4, Prospect Cottage 107, Truro is recorded publicly as a period Leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Prospect Cottage 107, Truro is £121,041 and its rental estimate is £589 per month, given the available information and assuming reasonable condition.
Prospect Cottage, Bodmin Road is a residential building on Bodmin Road, Truro, TR1 and falls within the TR1 postal district.
Our Data Sources
Flat 4, Prospect Cottage 107, Truro has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated February 2020.
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.
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 Flat 4, Prospect Cottage 107, Truro, we estimate a market value of £127,093 and a rental value of £618 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,568 and £547 per month respectively.
Recent Market Change
Over the last year, Flat 4, Prospect Cottage 107, Truro has seen its estimated sale value fall by £519 (0.4%) and its estimated rental value move up by £33 per month (5.6%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 4, Prospect Cottage 107, Truro has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2020.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 4, Prospect Cottage 107, Truro completed on 3rd November 2022 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 54.4% over the period since November 2022.
- Sold Nov 2022£100,000
- Sold Jul 2020£98,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, Prospect Cottage 107, Truro has sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2022, was 3 Benson Lodge, Moresk Road, Truro, TR1 1DY, a leasehold flat which sold for £193,050.
Read more about house prices in TR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 107 addresses on Bodmin Road, Truro, TR1, Flat 4, Prospect Cottage 107, Truro comes out as the 94th largest and the 104th most expensive in our analysis of the public data.
It is also £198k less expensive than the average property across the TR1 district.
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Schools Nearby
- 200mArchbishop Benson CofE Primary School
- 800mSt Mary's CofE School, Truro
- 900mTregolls Academy
- 1.1kmPenair School
- 4.3kmRichard Lander School
- 9.9kmThe Roseland Academy
More reading links
Public Transport Nearby
From Flat 4, Prospect Cottage 107, Truro, the nearest station is Truro, 1.6 kilometres away.
- 1.6kmTruro
- 7.7kmPerranwell
- 12.1kmPenryn (Cornwall)
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.
