Studio Polvarth, Truro
Studio Polvarth, Truro
Description & Estimates
Studio Polvarth, Truro is recorded publicly as an early-century freehold house across 1,463 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Studio Polvarth, Truro is £1,702,655 and its rental estimate is £4,890 per month, given the available information and assuming reasonable condition.
Polvarth Lane, St. Mawes, Truro, TR2 falls within the TR2 postal district.
Our Data Sources
Studio Polvarth, Truro has 21 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated August 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 Studio Polvarth, Truro, we estimate a market value of £1,787,787 and a rental value of £5,135 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,583,469 and £4,548 per month respectively.
Recent Market Change
Over the last year, Studio Polvarth, Truro has seen its estimated sale value decrease by £38,433 (2.3%) and its estimated rental value grow by £198 per month (4.0%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
Studio Polvarth, Truro has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Studio Polvarth, Truro completed on 6th June 2023 at £1,800,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 53.1% over the period since June 2023.
- Sold Jun 2023£1,800,000
- Sold Nov 2000£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Studio Polvarth, Truro have sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th October 2023, was Quayside, Polvarth Lane, Truro, TR2 5AZ, a freehold house which sold for £1,125,000.
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
Of the 5 addresses on Polvarth Lane, St. Mawes, Truro, TR2, Studio Polvarth, Truro comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £1.195m more expensive than the average property across the TR2 district.
More reading links
Schools Nearby
- 900mSt Mawes Primary School
- 2.6kmGerrans School
- 4.6kmFlushing School
- 6.4kmFalmouth School
- 8.0kmPenryn College
- 12.2kmPenair School
More reading links
Public Transport Nearby
From Studio Polvarth, Truro, the nearest station is Falmouth Docks, 3.8 kilometres away.
- 3.8kmFalmouth Docks
- 4.5kmFalmouth Town
- 5.7kmPenmere
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
