Melinsey Cottage, Truro
Melinsey Cottage, Truro
Description & Estimates
The public record lists Melinsey Cottage, Truro as a freehold house sitting on a 45,433 m2 plot.
Comparison with its neighbours suggests a modern house with 1,635 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Melinsey Cottage, Truro has an estimated sale value of £340,094 and an estimated rental value of £1,349 per month, assuming reasonable condition and based on the information available.
Veryan, Truro, TR2 lies within the TR2 postal district.
Our Data Sources
Melinsey Cottage, Truro has 2 entries in the Land Registry , most recently in December 2019 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Melinsey Cottage, Truro would be worth £357,099, with a potential rental value of £1,416 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,288, with a rental value of £1,254 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Melinsey Cottage, Truro has moved down by £7,677 (2.3%) over the last year. During the same period, its estimated monthly rental value has increased by £54 (4.0%). The property's estimated gross yield is currently 4.8%.
Plot Size
Melinsey Cottage, Truro occupies a 45,433 m2 plot as recorded by HM Land Registry.
Sold Prices
Melinsey Cottage, Truro last changed hands on 6th December 2019, selling for £750,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.6% since December 2019.
- Sold Dec 2019£750,000
- Sold Jul 2017£400,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.1 kilometres of Melinsey Cottage, Truro across the last 2 years.
Most recently, 10, Fore Street, Truro, TR2 5RN, a freehold house, sold at £485,000 on the 1st December 2023.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Melinsey Cottage, Truro as the 24th largest and the 64th most expensive of the 88 addresses on Veryan, Truro, TR2.
Against the TR2 postcode district average, it is £167k less expensive than the typical property.
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Schools Nearby
- 1.0kmVeryan CofE School
- 5.4kmGerrans School
- 6.5kmTregony Community Primary School
- 6.5kmThe Roseland Academy
- 8.8kmPenair School
- 12.8kmRichard Lander School
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Public Transport Nearby
Truro station is the nearest stop to Melinsey Cottage, Truro at 10.6 kilometres away.
- 10.6kmTruro
- 11.2kmFalmouth Docks
- 11.9kmFalmouth Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
