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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, Spear Point, Truro is a mid-century freehold house with 1,872 ft2 of internal area and sits on a 1,809 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Spear Point, Truro is £775,688 and the estimated rental value is £1,965 per month.
Portloe, Truro, TR2 is located within the TR2 postal district.
Spear Point, Truro has 2 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Spear Point, Truro is in very good condition we estimate a sale value of £814,473 and a rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,390 and a rental value of £1,827 per month.
Over the last 12 months the sale value of Spear Point Truro has decreased by an estimated £31,930 (4.1%) and its rental value has increased by an estimated £74 per month (3.8%), giving an expected gross yield of 3%.
According to data from HM Land Registry, Spear Point, Truro sits on a plot of 1809m2.
We have plot size data on 18 out of 18 other houses in the postcode and Spear Point, Truro sits on the 7th largest plot.
Spear Point, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Spear Point, Truro was last sold on 31st January 2014 for £572,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2014, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spear Point, Truro within a radius of 7.1 kilometres over the last 2 years.
The most recent example is The Old Store, Truro, TR2 5QU, a freehold house which sold for £540,000 on the 17th August 2020.
Read more about house prices in TR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portloe, Truro, TR2 has a total of 108 addresses. According to our analysis of all the public data, Spear Point, Truro is the 29th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in TR2.
The closest station to Spear Point, Truro is Truro station which is 12.9 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Spear Point, Truro, 54.5% of property is privately owned outright and 19.4% 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 Spear Point, Truro, 9.9% of residents are recorded as possessing school level qualifications and 37.4% 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 Spear Point, 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 Spear Point, Truro, 2.9% 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 Spear Point, Truro, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
