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Truro market report TR1 1
The TR1 1 (Truro) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 5,639 completed sales registered with HM Land Registry in TR1 1 (Truro) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in TR1 1 (Truro) sold for £277,000 in 2026, the median of 63 registered sales, up 1% on five years earlier. The mean was £309,400, and by floor area homes here have averaged about £3,590 per square metre over the last five years. The figures cover 5,639 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
TR1 1 is one sector of TR1 (Truro): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where TR1 1 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.
What buyers actually paid in TR1 1
The TR1 1 median stands at £277,000 for 2026, built from 63 registered sales; the mean, the figure usually quoted as the "average house price", is £309,400, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in TR1 1
The last five years of sales put TR1 1 at roughly £3,590 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so TR1 1 trades 3% below the country as a whole.
The price of a typical TR1 1 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £277,000 | £277,000 | 63 |
| 2025 | £290,000 | £296,935 | 129 |
| 2024 | £310,000 | £329,594 | 141 |
| 2023 | £300,000 | £329,627 | 117 |
| 2022 | £300,000 | £351,784 | 131 |
| 2021 | £275,000 | £348,185 | 196 |
| 2020 | £296,200 | £384,326 | 154 |
| 2019 | £250,000 | £327,690 | 158 |
| 2018 | £252,000 | £335,921 | 187 |
| 2017 | £260,000 | £354,614 | 195 |
| 2016 | £234,000 | £327,368 | 209 |
| 2015 | £235,000 | £332,055 | 211 |
| 2014 | £227,500 | £322,748 | 157 |
| 2013 | £205,500 | £295,694 | 172 |
| 2012 | £212,200 | £312,332 | 130 |
| 2011 | £217,500 | £328,341 | 117 |
| 2010 | £213,800 | £335,293 | 144 |
| 2009 | £190,500 | £306,230 | 136 |
| 2008 | £245,000 | £401,607 | 125 |
| 2007 | £240,000 | £407,107 | 229 |
| 2006 | £220,000 | £381,892 | 299 |
| 2005 | £220,000 | £391,511 | 193 |
| 2004 | £225,000 | £408,644 | 245 |
| 2003 | £170,000 | £313,181 | 197 |
| 2002 | £140,000 | £263,409 | 226 |
| 2001 | £101,500 | £195,129 | 209 |
| 2000 | £99,500 | £195,269 | 236 |
| 1999 | £75,000 | £149,471 | 231 |
| 1998 | £67,000 | £135,244 | 216 |
| 1997 | £60,000 | £123,048 | 199 |
| 1996 | £54,000 | £113,884 | 160 |
| 1995 | £55,000 | £119,562 | 127 |
In cash terms the typical TR1 1 home went from £55,000 in 1995 to £277,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 132%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2004. The market now sits about 32% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the TR1 1 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 (+37.9% on the year before); the weakest, 2009 (−22.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.5% | −6.7% |
| 5 years (since 2021) | +0.1% | −4.5% |
| 10 years (since 2016) | +1.7% | −1.7% |
| 20 years (since 2006) | +1.2% | −1.6% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
Sales per year, counted
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.
TR1 1 recorded 63 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 229 sales a year before the financial crisis and 116 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The rental side of TR1 1
For renting purposes TR1 1 sits in Cornwall. The ONS average private rent there is £1,003 a month (May 2026). 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.
£1,003 a month is £12,036 a year, which against the £277,000 median sold price makes a gross yield of 4.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: TR1 1 (Truro)
Are property prices falling in TR1 1 (Truro)?
Is TR1 1 (Truro) a good place to buy a house?
How much did a house sell for in TR1 1 (Truro)?
Where do TR1 1 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 20% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
TR1's current homes for sale
This is what you could actually buy today: 113 homes currently on the market from 7 agents publishing to HomesIndex.
These cover the whole TR1 district, not just TR1 1: live asking prices are collected per district.
35% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every TR1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in TR
The Land Registry record, split by size: what each kind of home actually sold for across the TR area. 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit 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.
Winners and losers across the TR area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in TR1
Sector boundaries hide real price steps. The rest of TR1, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR1 2 | £280,000 | 35 |
| TR1 3 | £287,000 | 57 |
Zoom out to the full TR1 district report for the type split, monthly volumes and how TR1 compares with its neighbours.
Thinking of selling in TR1 1? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR1 1, open the average prices map and zoom from the TR1 1 shading down to the sold homes on your own street. Every recorded TR1 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working TR1 1: the featured spot on this report is free for founding agents, one per district. Claim TR1 1.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to TR1 1. Free after a one click sign in.
The live map plots every individual TR1 1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.