Truro House Prices Truro House Prices

The average house price in Truro is £334,916 using HM Land Registry data.

The average property price increased by £43,369 (13.84%) over the last 5 years and increased by £8,667 (2.49%) over the last 12 months.

Over the last year, there were 303 residential property sales – an increase of 16 transactions (5.28%) relative to the previous year. The majority of house sales (86) were in the £248,000 - £326,000 range. Then came properties in the £170,000 - £248,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,643 (-3%).

In May 2025, there were 76 new estate agency instructions, 50 agreed home sales and 52 property price reductions.

5-Year Average Property Prices in Truro

13.84%

Property prices in Truro increased by 13.84% 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 Truro Over the Last Year

2.49%

Property prices in Truro increased by 2.49% 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.

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 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 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 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 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 Truro since 1995

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

Recent Property Sales in Truro

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Carclew Street, Truro, Cornwall, TR1 2DY£225,000£225,000£003 Oct 202420 Feb 2025140 Days
42 Tinney Drive, Truro, Cornwall, TR1 1AQ£350,000£340,000-£10,00018 Jul 202419 Feb 2025216 Days
8 Richmond Hill, Truro, Cornwall, TR1 3HS£210,000£180,000-£30,00029 Aug 202418 Feb 2025173 Days
4 The Cedars, Truro, Cornwall, TR1 2FD£295,000£295,000£001 Jul 202418 Feb 2025232 Days
37 Kel Avon Close, Truro, Cornwall, TR1 1AW£295,000£295,000£008 Aug 202417 Feb 2025193 Days
12 Benson Gardens, Truro, Cornwall, TR1 1DR£205,000£195,000-£10,00015 Aug 202404 Feb 2025173 Days
1 Belmont Villas, Truro, Cornwall, TR1 1HS£795,000£785,000-£10,00010 Jun 202403 Feb 2025238 Days
20 Hillcrest Avenue, Truro, Cornwall, TR1 3NE£399,950£380,000-£19,95013 Oct 202431 Jan 2025110 Days
14 Halwyn Place, Truro, Cornwall, TR1 2LA£280,000£275,000-£5,00023 Jul 202430 Jan 2025191 Days
13 Pendeen Road, Truro, Cornwall, TR1 1QP£150,000£140,000-£10,00013 Sep 202424 Jan 2025133 Days
43 Cornubia Close, Truro, Cornwall, TR1 1SA£310,000£301,000-£9,00002 Sep 202424 Jan 2025144 Days
18 Castle Rise, Truro, Cornwall, TR1 3AA£199,950£196,500-£3,45021 Mar 202417 Jan 2025302 Days
38 Carey Park, Truro, Cornwall, TR1 2LD£265,000£257,000-£8,00021 Aug 202415 Jan 2025147 Days
9 Redannick Crescent, Truro, Cornwall, TR1 2DG£425,000£400,000-£25,00021 Aug 202414 Jan 2025146 Days
46 Northfield Drive, Truro, Cornwall, TR1 2BT£260,000£240,000-£20,00021 May 202413 Jan 2025237 Days
10 Barton Meadow, Truro, Cornwall, TR1 3NJ£545,000£545,000£010 Sep 202413 Jan 2025125 Days
19 Avondale Road, Truro, Cornwall, TR1 3EU£369,950£352,000-£17,95005 Aug 202418 Dec 2024135 Days
2 The Parade, Truro, Cornwall, TR1 1QE£650,000£650,000£025 Apr 202418 Dec 2024237 Days
6 Lychgate Drive, Truro, Cornwall, TR1 3UE£495,000£485,000-£10,00003 May 202417 Dec 2024228 Days
3 Knights Hill, Truro, Cornwall, TR1 3UY£725,000£715,000-£10,00007 Oct 202417 Dec 202471 Days

Most Expensive Streets in Truro

PostcodeStreetAreaAverageNo. of Sales
TR1 1NXRoad From Penarth Fach To Junction West Of St Clement HillTruro£1,275,0003
TR1 2BLFalmouth RoadTruro£941,6666
TR1 2PDUpper Lemon VillasLemon Street, Truro£856,5205
TR1 3FUMelin DriveTruro£838,5717
TR1 3RQTrewinnard GroveTruro£831,6503
TR1 3EEComprigney HillTruro£811,8333
TR1 1HSBelmont VillasThe Avenue£805,0004
TR1 1HRThe AvenueTruro£798,7504
TR1 3GQBoscolleth GardensTruro£793,0008
TR1 3DRTrewinnard CourtTruro£777,7457

Least Expensive Streets in Truro

PostcodeStreetAreaAverageNo. of Sales
TR3 6FJMelin GothCentenary Way£66,8005
TR1 1RGTreverbyn RoadTruro£97,3333
TR1 2XXRobartes CourtRedannick Lane£118,50011
TR1 2GALowen CourtQuay Street, Truro£120,05817
TR1 2GGCorte MearTresawya Drive£129,05812
TR1 2HHEnys QuayTruro£133,55010
TR1 1PRTrelander NorthTruro£133,8333
TR1 2FEHighshore HouseNew Bridge Street, Truro£149,5836
TR1 2LWThe Clock HouseLemon Quay£153,9833
TR1 3BUKenwyn StreetTruro£154,6815

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