Local market reports › TR
Truro market report TR
The standing TR (Truro) property market report, rebuilt from the full public record every month. Underneath every chart here sit 179,969 registered sales in the TR postcode area (Truro) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical the TR postcode area (Truro) home changed hands for £290,000 in 2026 (median of 1,766 registered sales, up 2% on five years earlier), with the mean at £332,300, and by floor area homes here have averaged about £3,810 per square metre over the last five years. Source: 179,969 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
The TR postcode area centred on Truro covers 23 districts. At this scale the figures average away real local contrasts; the district reports below are the place for anywhere specific.
Where TR sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
TR sold prices: where the market stands
The TR median stands at £290,000 for 2026, built from 1,766 registered sales; the mean, the figure usually quoted as the "average house price", is £332,300, somewhat above it, as happens wherever a market carries an expensive tail.
TR prices by floor area
Averaged across five years of sales, floor space in TR costs about £3,810 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so TR trades 2% above the country as a whole.
TR's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £290,000 | £290,000 | 1,766 |
| 2025 | £300,000 | £307,174 | 4,757 |
| 2024 | £305,000 | £324,278 | 4,690 |
| 2023 | £300,000 | £329,627 | 4,378 |
| 2022 | £310,000 | £363,510 | 5,359 |
| 2021 | £285,000 | £360,847 | 6,865 |
| 2020 | £260,000 | £337,355 | 5,336 |
| 2019 | £240,000 | £314,583 | 5,790 |
| 2018 | £234,000 | £311,926 | 5,938 |
| 2017 | £228,000 | £310,969 | 6,269 |
| 2016 | £220,000 | £307,782 | 6,154 |
| 2015 | £210,000 | £296,730 | 5,904 |
| 2014 | £200,000 | £283,735 | 5,863 |
| 2013 | £190,000 | £273,391 | 4,906 |
| 2012 | £190,000 | £279,656 | 4,402 |
| 2011 | £192,000 | £289,846 | 4,189 |
| 2010 | £197,000 | £308,947 | 4,351 |
| 2009 | £182,600 | £293,531 | 4,154 |
| 2008 | £199,000 | £326,203 | 3,640 |
| 2007 | £205,000 | £347,737 | 6,949 |
| 2006 | £190,000 | £329,816 | 7,318 |
| 2005 | £182,000 | £323,887 | 5,247 |
| 2004 | £175,000 | £317,834 | 6,308 |
| 2003 | £147,000 | £270,810 | 6,620 |
| 2002 | £116,000 | £218,253 | 7,216 |
| 2001 | £85,500 | £164,369 | 7,281 |
| 2000 | £75,000 | £147,188 | 6,893 |
| 1999 | £66,000 | £131,535 | 7,377 |
| 1998 | £59,000 | £119,096 | 6,565 |
| 1997 | £56,000 | £114,845 | 7,067 |
| 1996 | £51,000 | £107,557 | 5,934 |
| 1995 | £49,000 | £106,518 | 4,483 |
In cash terms the typical TR home went from £49,000 in 1995 to £290,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 172%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 20% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the TR median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+35.7% on the year before); the weakest, 2009 (−8.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 34% of the typed total. A detached home currently trades at £415,200 against £190,000 for a flat, 2.2 times the price.
Median by property type, TR
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £415,200 | 580 | 61,256 |
| Semi-detached | £285,000 | 395 | 37,048 |
| Terraced | £245,500 | 580 | 58,826 |
| Flats | £190,000 | 211 | 22,839 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.3% | −5.6% |
| 5 years (since 2021) | +0.3% | −4.3% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +2.1% | −0.6% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
TR recorded 3,790 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 6,729 sales a year before the financial crisis and 4,190 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around TR
The local authority for TR is Cornwall, the local authority covering most of the TR area, and its ONS average private rent currently stands at £1,003 a month (May 2026 figures). A one-bed averages £691 a month here and a four-or-more-bed £1,510, so size does most of the work in setting the rent.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
Against the £290,000 median purchase price, a rent of £1,003 a month (£12,036 a year) works out at a 4.2% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about TR (Truro)
Is TR (Truro) a good place to buy a house?
How much did a house sell for in TR (Truro)?
Are property prices falling in TR (Truro)?
Are TR prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in TR now
Everything above is what homes in TR sold for. This is what you could actually buy today: 1,832 homes currently on the market from 10 agents publishing to HomesIndex, at a typical asking price 20% above the TR median sold price.
30% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Probus, Truro
- Knights Meadow, Carnon Downs, Truro, Cornwall
- Pendeen Crescent, Threemilestone, Truro, Cornwall, TR3
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every TR home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in TR: the cost
What homes of each size actually sold for across the TR area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £320,000 | £447,500 (+40%) | £650,000 (+45%) | £910,000 (+40%) |
| Semi-detached | £232,500 | £275,000 (+18%) | £330,000 (+20%) | £425,000 (+29%) | £575,000 (+35%) |
| Terraced | £202,500 | £240,000 (+19%) | £294,500 (+23%) | £400,000 (+36%) | £525,000 (+31%) |
| Flat | £156,275 | £240,000 (+54%) | £363,186 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the TR area is the point: the same five years treated these districts very differently.
Five-year change in the median, TR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
District by district
The area medians above hide a lot. Here is every TR district with enough sales to measure, dearest first; each links to its own full report.
| District | Median (2026) | 5-year | Sales |
|---|---|---|---|
| TR5 St Agnes, Mithian | £425,000 | -5% | 23 |
| TR3 Truro, Perranwell Station | £415,000 | +4% | 63 |
| TR20 Ludgvan, Penzance | £368,500 | +8% | 42 |
| TR17 Marazion | £365,000 | +19% | 9 |
| TR11 Falmouth, Flushing | £350,000 | +9% | 166 |
| TR8 Carland Cross, Mitchell | £335,000 | +5% | 68 |
| TR6 Perranporth, Bolingey | £326,500 | -26% | 26 |
| TR7 Newquay | £320,000 | +7% | 161 |
| TR26 St Ives, Zennor | £320,000 | -17% | 84 |
| TR12 Helston, Mullion | £311,500 | -13% | 36 |
| TR4 Blackwater, Frogpool | £310,000 | -2% | 58 |
| TR2 Gerrans, Probus | £307,500 | -12% | 62 |
| TR19 Pendeen, St Buryan | £295,000 | -3% | 41 |
| TR1 Truro | £285,000 | +4% | 155 |
| TR27 Hayle | £285,000 | +2% | 117 |
| TR21 St Mary's, Hugh Town | £280,000 | -12% | 6 |
| TR13 Helston | £276,200 | +2% | 110 |
| TR10 Penryn | £272,500 | +9% | 60 |
| TR16 Lanner, Carharrack | £270,000 | +12% | 87 |
| TR18 Penzance | £250,000 | +4% | 96 |
| TR15 Redruth, Pool | £240,000 | +14% | 111 |
| TR14 Camborne, Kehelland | £230,000 | +18% | 135 |
| TR9 St Columb Major | £227,500 | -9% | 49 |
Thinking of selling in TR? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in TR, use the average prices map for a rough value: zoom from TR's shading down to the sold homes on your own street. The figures above are every recorded TR sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim TR.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to TR. Free after a one click sign in.
Two maps carry on from here: every TR sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.