House Prices in TR2 House Prices in TR2 (Truro)

The average house price in TR2 (Truro) is £376,833 using HM Land Registry data.

The average property price increased by £60,761 (44.45%) over the last 5 years and increased by £12,144 (5.96%) over the last 12 months.

Over the last year, there were 90 residential property sales – a decrease of 56 transactions (-62.22%) relative to the previous year. The majority of house sales (29) were in the £200,000 - £326,000 range. Then came properties in the £326,000 - £452,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,494 (-3%).

In May 2025, there were 28 new estate agency instructions, 24 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in TR2 (Truro)

44.45%

Property prices in TR2 (Truro) increased by 44.45% 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 TR2 (Truro) Over the Last Year

5.96%

Property prices in TR2 (Truro) increased by 5.96% 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.

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).

Property Market Heat Gauge for TR2 (Truro) - May 2025

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 TR2 (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 TR2 (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 TR2 (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 TR2 (Truro) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR2 postcode area since 1995.

Recent Sales in TR2 (Truro)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Higher Cottages, Ladock, Truro, Cornwall, TR2 4PP£385,000£380,000-£5,00028 Aug 202414 Feb 2025170 Days
Rock Cottage, Tregony Road, Probus, Truro, Cornwall, TR2 4JR£450,000£425,000-£25,00002 Aug 202431 Jan 2025182 Days
6 Lords Meadow, Tregony, Truro, Cornwall, TR2 5RZ£497,500£495,000-£2,50027 Apr 202416 Jan 2025264 Days
Roskear, Fore Street, Grampound, Truro, Cornwall, TR2 4RR£199,500£199,500£012 Jul 202420 Dec 2024161 Days
Laddenvean, South Street, Grampound Road, Truro, Cornwall, TR2 4EA£285,000£285,000£009 Sep 202403 Dec 202485 Days
4 Polsue Way, Tresillian, Truro, Cornwall, TR2 4BE£210,000£210,000£015 Jun 202422 Nov 2024160 Days
6 Primrose Terrace, Tresillian, Truro, Cornwall, TR2 4BB£239,900£233,000-£6,90017 May 202422 Nov 2024189 Days
19 Bosnoweth, Probus, Truro, Cornwall, TR2 4HE£425,000£405,000-£20,00022 May 202425 Oct 2024156 Days
3 Buckeys Lane, St Mawes, Truro, Cornwall, TR2 5AP£3,000,000£2,900,000-£100,00016 Oct 202425 Oct 20249 Days
18 Higher Polsue Way, Tresillian, Truro, Cornwall, TR2 4BG£315,000£295,000-£20,00004 Jul 202426 Sep 202484 Days
38 Cullen View, Probus, Truro, Cornwall, TR2 4NY£270,000£265,000-£5,00005 Apr 202426 Sep 2024174 Days
16 Elerkey Close, Veryan, Truro, Cornwall, TR2 5QS£399,950£379,000-£20,95005 Mar 202417 Sep 2024196 Days
5 Ashmead, Grampound Road, Truro, Cornwall, TR2 4DH£240,000£237,500-£2,50019 Apr 202409 Sep 2024143 Days
102 Carne View Road, Probus, Truro, Cornwall, TR2 4TR£295,000£289,000-£6,00026 Apr 202422 Aug 2024118 Days
Brambles, Fore Street, Grampound Road, Truro, Cornwall, TR2 4DU£375,000£375,000£028 Mar 202420 Aug 2024145 Days
Teg Gwel, Penruan Lane, St Mawes, Truro, Cornwall, TR2 5UH£1,950,000£1,925,000-£25,00002 May 202415 Aug 2024105 Days
5 Ashleigh Way, Probus, Truro, Cornwall, TR2 4TL£315,000£307,000-£8,00011 Apr 202409 Aug 2024120 Days
1 New Road, Tregony, Truro, Cornwall, TR2 5RY£279,000£268,000-£11,00022 Nov 202325 Jul 2024246 Days
Brewers Cottage, Station Yard, Grampound Road, Truro, Cornwall, TR2 4RZ£210,000£204,000-£6,00011 Jan 202428 Jun 2024169 Days
45 Roseland Gardens, Veryan, Truro, Cornwall, TR2 5QR£425,000£410,000-£15,00006 Nov 202326 Apr 2024172 Days

Most Expensive Streets in TR2 (Truro)

PostcodeStreetAreaAverageNo. of Sales
TR2 5DRLower Castle RoadTruro£2,412,2005
TR2 5BQGibraltar TerraceTruro£2,211,5003
TR2 5BUTrelawney RoadTruro£1,645,0003
TR2 5BAPedn MoranTruro£1,489,6385
TR2 5EWRoad From Porthcurnick Beach To Sedgers Barn, RosevineTruro£1,456,4825
TR2 5FESpinnaker DriveTruro£1,351,5624
TR2 5UHPenruan LaneTruro£1,333,3333
TR2 5BGRiviera LaneTruro£1,288,3333
TR2 5BHChapel TerraceTruro£1,166,6663
TR2 5JASt. Just In Roseland, St Just In RoselandTruro£1,091,6663

Least Expensive Streets in TR2 (Truro)

PostcodeStreetAreaAverageNo. of Sales
TR2 5PDRoseland Court, Roseland ParcTruro£169,2506
TR2 4TDGreenbank CloseTruro£189,9005
TR2 4DYChurch Terrace, South Street, TruroTruro£205,6663
TR2 4EQVentonlaceTruro£206,2506
TR2 4DHAshmeadTruro£210,8333
TR2 4FPRosva WentonTruro£214,1254
TR2 5NHNare House, Roseland ParcTruro£222,38426
TR2 4TYParcandowrTruro£223,15013
TR2 4JTParkengear VeanTruro£229,0005
TR2 5RSThe SquareTruro£230,8256

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