House Prices in TR2 House Prices in TR2 (Truro)

The average house price in TR2 (Truro) is £381,428 using HM Land Registry data.

The average property price decreased by £6,132 (16.35%) over the last 5 years and decreased by £1,226 (2.89%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 5 transactions (-4.42%) relative to the previous year. The majority of house sales (36) were in the £290,000 - £390,000 range. Then came properties in the £190,000 - £290,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,604 (-2%).

In Aug 2026, there were 40 new estate agency instructions, 30 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in TR2 (Truro)

16.35%

Property prices in TR2 (Truro) increased by 16.35% 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

2.89%

Property prices in TR2 (Truro) increased by 2.89% 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) - Aug 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 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
Cullen House, Fore Street, Truro, TR2 4LA£375,000£365,000-£10,00017 Mar 202617 Jul 2026122 Days
53 Parcandowr, Truro, TR2 4TY£220,000£220,000£031 Jan 202603 Jul 2026153 Days
19 Fore Street, Truro, TR2 5RN£292,500£284,500-£8,00008 Jul 202525 Jun 2026352 Days
Carlyon, Park Place, Truro, TR2 4EG£425,000£400,000-£25,00025 Sep 202523 Jun 2026271 Days
34 Old Tannery Lane, Truro, TR2 4PZ£359,950£351,000-£8,95005 Sep 202518 Jun 2026286 Days
26 Parc An Dillon Road, Truro, TR2 5DU£695,000£695,000£009 Mar 202615 Jun 202698 Days
2 Church Terrace, South Street, Truro, TR2 4DY£200,000£192,750-£7,25015 Oct 202502 Jun 2026230 Days
Rose Cottage, Fore Street, Truro, TR2 4DU£188,000£188,000£023 Feb 202628 May 202694 Days
2 Cullen View, Truro, TR2 4NY£295,000£295,000£015 Jul 202515 May 2026304 Days
51 Fairfields, Truro, TR2 4FG£153,000£153,000£030 Sep 202515 May 2026227 Days
3 Old Tannery Lane, Truro, TR2 4PZ£250,000£237,500-£12,50029 Jan 202608 May 202699 Days
26 Treventon Road, Truro, TR2 5DX£425,000£412,500-£12,50006 Aug 202507 May 2026274 Days
8 Kew Gynnyav, Truro, TR2 4FL£182,000£182,000£012 Nov 202501 May 2026170 Days
48 Fore Street, Truro, TR2 5RW£375,000£350,000-£25,00024 Oct 202501 May 2026189 Days
37 Higher Polsue Way, Truro, TR2 4BG£190,000£190,000£026 Dec 202501 May 2026126 Days
35 Fore Street, Tregony, TR2 5RN£695,000£650,000-£45,00005 Sep 202523 Apr 2026230 Days
Flat 1, Bonython House, Fore Street, Truro, TR2 4QP£235,000£235,000£019 Jun 202530 Mar 2026284 Days
25 Bosnoweth, Truro, TR2 4HE£325,000£325,000£019 Apr 202527 Mar 2026342 Days
Culham, The Square, Truro, TR2 4LG£389,950£387,000-£2,95001 Jul 202527 Mar 2026269 Days
7 Rose Hill, Truro, TR2 4PR£205,000£205,000£004 Nov 202520 Mar 2026136 Days

Most Expensive Streets in TR2 (Truro)

PostcodeStreetAreaAverageNo. of Sales
TR2 5AZPolvarth LaneTruro£2,500,0003
TR2 5DRLower Castle RoadTruro£2,132,0505
TR2 5BUTrelawney RoadTruro£2,066,2224
TR2 5EWRoad From Porthcurnick Beach To Sedgers Barn, RosevineTruro£1,485,5415
TR2 4PBLane From Nansough Manor To Junction At Nansough Farm, NansoughTruro£1,066,6663
TR2 5HNWellington TerraceTruro£1,005,8333
TR2 5QAVeryan TR2 5QA, Truro£975,7123
TR2 4RXGrampound TR2 4RX, Truro£838,4433
TR2 5DWMarine ParadeTruro£833,0003
TR2 5QJTrewartha, VeryanTruro£757,7473

Least Expensive Streets in TR2 (Truro)

PostcodeStreetAreaAverageNo. of Sales
TR2 4QPFore Street, GrampoundTruro£161,6663
TR2 5PDRoseland Court, Roseland ParcTruro£169,2506
TR2 5RSThe SquareTruro£184,9663
TR2 4TDGreenbank CloseTruro£204,1663
TR2 4DYChurch Terrace, South Street, TruroTruro£209,2503
TR2 4EQVentonlaceTruro£213,7504
TR2 4FLKew GynnyavTruro£220,5004
TR2 4RANew Hill EstateTruro£221,8005
TR2 5NHNare House, Roseland ParcTruro£221,91323
TR2 4NEHicks CloseTruro£227,6878

Explore TR2 (Truro) using map

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