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House Prices in TR3

The average house price in TR3 (Truro) is £327,272 using HM Land Registry data.

The average property price increased by £144,177 (31.29%) over the last 5 years and increased by £28,888 (4.56%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 51 transactions (-39.23%) relative to the previous year. The majority of house sales (37) were in the £230,000 - £326,000 range. Then came properties in the £326,000 - £422,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 177 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,902 (-3%).

In February 2025, there were 33 new estate agency instructions, 28 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in TR3 (Truro)

31.29%

Property prices in TR3 (Truro) increased by 31.29% 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 TR3 (Truro) Over the Last Year

4.56%

Property prices in TR3 (Truro) increased by 4.56% 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 TR3 (Truro) - February 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 TR3 (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 TR3 (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 TR3 (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 TR3 (Truro) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR3 postcode area since 1995.

Recent Sales in TR3 (Truro)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
17 Pendeen Road, Threemilestone, Truro, Cornwall, TR3 6DU	£285,000	£280,000	-£5,000	13 Nov 2024	23 Jan 2025	71 Days
20 Seymour Close, Threemilestone, Truro, Cornwall, TR3 6TZ	£199,950	£195,000	-£4,950	28 Mar 2024	15 Jan 2025	293 Days
32 Springfield Way, Threemilestone, Truro, Cornwall, TR3 6BJ	£400,000	£400,000	£0	19 Sep 2024	17 Dec 2024	89 Days
70 Polstain Road, Threemilestone, Truro, Cornwall, TR3 6DH	£320,000	£317,000	-£3,000	11 Apr 2024	12 Dec 2024	245 Days
7 Dingles Close, Ponsanooth, Truro, Cornwall, TR3 7RA	£389,950	£381,500	-£8,450	17 May 2024	04 Dec 2024	201 Days
20 Pengelly Way, Threemilestone, Truro, Cornwall, TR3 6DP	£300,000	£291,000	-£9,000	11 Jul 2024	04 Dec 2024	146 Days
South View, Bissoe Road, Carnon Downs, Truro, Cornwall, TR3 6JB	£425,000	£415,000	-£10,000	30 May 2024	29 Nov 2024	183 Days
4 Westmoor Crescent, Perranwell Station, Truro, Cornwall, TR3 7JU	£520,000	£504,000	-£16,000	23 Apr 2024	26 Nov 2024	217 Days
14 St Michaels Road, Ponsanooth, Truro, Cornwall, TR3 7EA	£225,000	£222,000	-£3,000	05 Apr 2024	22 Nov 2024	231 Days
51 Hawthorn Way, Threemilestone, Truro, Cornwall, TR3 6TU	£240,000	£235,000	-£5,000	07 May 2024	20 Nov 2024	197 Days
17 Collins Parc, Stithians, Truro, Cornwall, TR3 7RB	£239,950	£235,000	-£4,950	07 May 2024	15 Nov 2024	192 Days
14 Deeble Close, Threemilestone, Truro, Cornwall, TR3 6TS	£155,000	£153,000	-£2,000	05 Jul 2024	12 Nov 2024	130 Days
Pinelands, Holywell Road, Playing Place, Truro, Cornwall, TR3 6EP	£425,000	£410,000	-£15,000	29 May 2024	31 Oct 2024	155 Days
14 Tregavethan View, Threemilestone, Truro, Cornwall, TR3 6SS	£350,000	£325,000	-£25,000	09 Apr 2024	31 Oct 2024	205 Days
Flat 7, Melin Goth, Centenary Way, Threemilestone, Truro, Cornwall, TR3 6FJ	£135,000	£68,000	-£67,000	14 Aug 2018	23 Oct 2024	2262 Days
The Old Manse, Bissoe Road, Carnon Downs, Truro, Cornwall, TR3 6JA	£570,000	£545,000	-£25,000	12 Jun 2024	18 Oct 2024	128 Days
12 Hendra Close, Stithians, Truro, Cornwall, TR3 7AL	£280,000	£275,000	-£5,000	22 Mar 2024	18 Oct 2024	210 Days
7a, Elm Grove, Feock, Truro, Cornwall, TR3 6RH	£150,000	£146,500	-£3,500	08 Mar 2024	02 Oct 2024	208 Days
23 Springfield Way, Threemilestone, Truro, Cornwall, TR3 6BJ	£410,000	£395,000	-£15,000	08 Feb 2024	27 Sep 2024	232 Days
10 Victoria Gardens, Threemilestone, Truro, Cornwall, TR3 6DA	£280,000	£270,000	-£10,000	01 May 2024	13 Sep 2024	135 Days

Most Expensive Streets in TR3 (Truro)

Postcode	Street	Area	Average	No. of Sales
TR3 6RB	Restronguet Point, Feock	Truro	£2,212,018	9
TR3 6RT	Trolver Croft, Feock	Truro	£1,259,285	7
TR3 6SE	Pill Lane, Feock	Truro	£1,215,000	5
TR3 6RU	Penpol, Feock	Truro	£1,123,333	3
TR3 6RQ	La Vague, Feock	Truro	£975,000	3
TR3 6NP	Penpol, Devoran	Truro	£925,000	3
TR3 6SQ	Harcourt, Feock	Truro	£911,666	3
TR3 6QN	Feock	Truro	£910,100	5
TR3 6PW	Quay Road, Devoran	Truro	£909,166	3
TR3 6RR	Trolver Hill, Feock	Truro	£907,300	5

Least Expensive Streets in TR3 (Truro)

Postcode	Street	Area	Average	No. of Sales
TR3 6FJ	Melin Goth, Centenary Way	Truro	£66,800	5
TR3 6TX	Holly Close, Threemilestone	Truro	£141,600	5
TR3 6TS	Deeble Close, Threemilestone	Truro	£143,583	6
TR3 6TR	Lowen Way, Threemilestone	Truro	£167,833	3
TR3 6LD	The Valley, Bissoe Road	Truro	£200,346	13
TR3 7BT	Peters Terrace, Foundry Hill	Truro	£206,000	3
TR3 6BP	Silver Way, Threemilestone	Truro	£208,333	3
TR3 7RB	Collins Parc, Stithians	Truro	£208,333	3
TR3 6TU	Hawthorn Way, Threemilestone	Truro	£218,076	13
TR3 7QY	Chapel Meadows, Perranwell Station	Truro	£220,000	4