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House Prices in TR1

The average house price in TR1 (Truro) is £308,791 using HM Land Registry data.

The average property price decreased by £2,306 (7.9%) over the last 5 years and decreased by £461 (1.49%) over the last 12 months.

Over the last year, there were 290 residential property sales – a decrease of 74 transactions (-25.52%) relative to the previous year. The majority of house sales (82) were in the £238,000 - £316,000 range. Then came properties in the £160,000 - £238,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,304 (-3%).

In Jul 2026, there were 75 new estate agency instructions, 37 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in TR1 (Truro)

7.9%

Property prices in TR1 (Truro) increased by 7.9% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TR1 (Truro) Over the Last Year

1.49%

Property prices in TR1 (Truro) increased by 1.49% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for TR1 (Truro) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TR1 (Truro)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TR1 (Truro)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TR1 (Truro)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TR1 (Truro) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR1 postcode area since 1995.

Recent Sales in TR1 (Truro)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
53 Trelander Highway, Truro, TR1 1PQ	£200,000	£200,000	£0	07 Jan 2026	26 May 2026	139 Days
29 St Clements Close, Truro, TR1 1PA	£259,950	£257,000	-£2,950	12 Jan 2026	18 May 2026	126 Days
23 Penair Crescent, Truro, TR1 1YS	£500,000	£500,000	£0	24 Jun 2025	11 May 2026	321 Days
27 Valley Close, Truro, TR1 3UN	£380,000	£362,500	-£17,500	15 May 2025	11 May 2026	361 Days
4 Pendeen Road, Truro, TR1 1QP	£220,000	£215,000	-£5,000	15 Jul 2025	08 May 2026	297 Days
40 Trelander North, Truro, TR1 1PW	£250,000	£243,000	-£7,000	08 Dec 2025	07 May 2026	150 Days
14 The Crescent, Truro, TR1 3ES	£525,000	£520,000	-£5,000	01 Jul 2025	30 Apr 2026	303 Days
45 Treworder Road, Truro, TR1 2JY	£250,000	£250,000	£0	16 May 2025	27 Apr 2026	346 Days
7 Tremayne Road, Truro, TR1 3TH	£250,000	£247,000	-£3,000	22 Aug 2025	24 Apr 2026	245 Days
23 Stret Rosemelin, Truro, TR1 1FR	£450,000	£440,000	-£10,000	13 Feb 2026	24 Apr 2026	70 Days
5 Gloweth View, Truro, TR1 3JZ	£330,000	£318,000	-£12,000	14 Oct 2025	23 Apr 2026	191 Days
61 Park View, Truro, TR1 2BW	£260,000	£250,000	-£10,000	20 Aug 2025	22 Apr 2026	245 Days
44 Penhaligon Court, Truro, TR1 1YB	£190,000	£180,000	-£10,000	15 Jul 2025	17 Apr 2026	276 Days
1 Trenalt Terrace, St Georges Road, Truro, TR1 3TZ	£300,000	£289,750	-£10,250	14 Nov 2025	16 Apr 2026	153 Days
86 Penwethers Crescent, Truro, TR1 3FX	£340,000	£340,000	£0	11 Aug 2025	15 Apr 2026	247 Days
19 Penair View, Truro, TR1 1XR	£375,000	£362,500	-£12,500	15 Sep 2025	10 Apr 2026	207 Days
20 Tregurra Lane, Truro, TR1 1RD	£190,000	£180,000	-£10,000	24 Sep 2025	10 Apr 2026	198 Days
7 Bownder Hynshorn, Truro, TR1 2GS	£274,000	£265,000	-£9,000	22 Jun 2025	09 Apr 2026	291 Days
1 Trennick Row, Malpas Road, Truro, TR1 1QL	£725,000	£700,000	-£25,000	23 Jul 2025	07 Apr 2026	258 Days
1 Trecarne Close, Truro, TR1 1LW	£250,000	£230,000	-£20,000	07 Jan 2026	02 Apr 2026	85 Days

Most Expensive Streets in TR1 (Truro)

Postcode	Street	Area	Average	No. of Sales
TR1 1NX	Road From Penarth Fach To Junction West Of St Clement Hill	Truro	£1,371,666	3
TR1 1SN	Road Joining Malpas Road To Bar Meadows, Malpas	Truro	£1,185,000	3
TR1 1TA	St. Clement, St Clement	Truro	£1,093,333	3
TR1 3FU	Melin Drive	Truro	£1,006,666	3
TR1 2PD	Upper Lemon Villas, Lemon Street, Truro	Truro	£965,651	4
TR1 1SQ	Road Joining Malpas Road To Bar Meadows, Malpas	Truro	£908,333	3
TR1 1SS	Bar Meadows, Malpas	Truro	£900,000	5
TR1 2BL	Falmouth Road	Truro	£879,214	7
TR1 3DR	Trewinnard Court	Truro	£813,844	5
TR1 2FU	Arch Hill Place, Old Falmouth Road	Truro	£739,826	13

Least Expensive Streets in TR1 (Truro)

Postcode	Street	Area	Average	No. of Sales
TR1 2XX	Robartes Court, Redannick Lane	Truro	£111,678	14
TR1 2GA	Lowen Court, Quay Street, Truro	Truro	£119,676	17
TR1 2HH	Enys Quay	Truro	£121,586	11
TR1 2GG	Corte Mear, Tresawya Drive	Truro	£134,270	10
TR1 1JT	Mitchell Court, Mitchell Hill	Truro	£146,500	3
TR1 2LW	The Clock House, Lemon Quay	Truro	£149,237	4
TR1 2FE	Highshore House, New Bridge Street, Truro	Truro	£154,750	6
TR1 3HX	George Street	Truro	£159,625	4
TR1 3BZ	Kenwyn Street	Truro	£162,500	3
TR1 3RZ	Rosedale Road	Truro	£163,375	4