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Truro market report TR1 2
The TR1 2 (Truro) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 2,896 sales recorded by HM Land Registry in TR1 2 (Truro) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for TR1 2 (Truro) is £280,000, from 35 registered sales, up 8% on five years earlier; the mean is £313,900, and by floor area homes here have averaged about £3,400 per square metre over the last five years. Behind the figures sit 2,896 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
TR1 2 is a postcode sector: one group of streets inside TR1 (Truro). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where TR1 2 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 TR1 2 homes really sell for
Across 35 registered 2026 sales, the typical (median) TR1 2 home went for £280,000. The mean is £313,900, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in TR1 2
By floor space, homes in TR1 2 have sold for about £3,400 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts TR1 2 2% below the country at large.
The price of a typical TR1 2 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £280,000 | £280,000 | 35 |
| 2025 | £307,000 | £314,341 | 94 |
| 2024 | £293,000 | £311,519 | 83 |
| 2023 | £280,000 | £307,652 | 71 |
| 2022 | £315,000 | £369,373 | 110 |
| 2021 | £260,000 | £329,194 | 156 |
| 2020 | £270,000 | £350,331 | 81 |
| 2019 | £255,000 | £334,244 | 125 |
| 2018 | £245,000 | £326,590 | 117 |
| 2017 | £230,000 | £313,697 | 87 |
| 2016 | £218,500 | £305,684 | 102 |
| 2015 | £230,000 | £324,990 | 87 |
| 2014 | £201,500 | £285,863 | 88 |
| 2013 | £182,500 | £262,599 | 69 |
| 2012 | £189,000 | £278,184 | 56 |
| 2011 | £216,000 | £326,077 | 87 |
| 2010 | £203,800 | £319,611 | 86 |
| 2009 | £189,500 | £304,623 | 62 |
| 2008 | £210,000 | £344,234 | 51 |
| 2007 | £200,000 | £339,256 | 123 |
| 2006 | £200,000 | £347,174 | 130 |
| 2005 | £177,500 | £315,878 | 76 |
| 2004 | £173,200 | £314,565 | 85 |
| 2003 | £153,500 | £282,784 | 80 |
| 2002 | £128,000 | £240,831 | 99 |
| 2001 | £93,500 | £179,749 | 134 |
| 2000 | £78,000 | £153,075 | 75 |
| 1999 | £67,000 | £133,528 | 94 |
| 1998 | £61,900 | £124,950 | 102 |
| 1997 | £56,000 | £114,845 | 113 |
| 1996 | £54,500 | £114,938 | 80 |
| 1995 | £52,500 | £114,127 | 58 |
In cash terms the typical TR1 2 home went from £52,500 in 1995 to £280,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 145%: 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 24% 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 TR1 2 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 (+36.9% on the year before); the weakest, 2012 (−12.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.8% | −10.9% |
| 5 years (since 2021) | +1.5% | −3.2% |
| 10 years (since 2016) | +2.5% | −0.9% |
| 20 years (since 2006) | +1.7% | −1.1% |
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
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 35 sales completed in TR1 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 100 sales a year before the financial crisis and 79 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.
Reading the TR1 2 market
Only 35 sales completed here in the last twelve months of data, which makes TR1 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What homes rent for around TR1 2
TR1 2 falls under Cornwall, where the ONS puts the average private rent at £1,003 a month (May 2026 figures). The spread runs from £691 a month for a typical one-bed to £1,510 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
Against the £280,000 median purchase price, a rent of £1,003 a month (£12,036 a year) works out at a 4.3% 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 TR1 2 (Truro)
How much did a house sell for in TR1 2 (Truro)?
Are property prices falling in TR1 2 (Truro)?
Is TR1 2 (Truro) a good place to buy a house?
Where do TR1 2 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 8% over five years in cash but down 15% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What is for sale in TR1 right now
Turning to what is actually available: 113 homes on the market right now, from 7 agents publishing to HomesIndex.
These cover the whole TR1 district, not just TR1 2: live asking prices are collected per district.
35% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
"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 TR1 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
Real sold prices by size across the TR area, straight 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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in TR1
A few minutes' walk can separate two very different markets. Here are TR1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR1 1 | £277,000 | 63 |
| 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 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR1 2, open the average prices map and zoom from the TR1 2 shading down to the sold homes on your own street. Every recorded TR1 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim TR1 2.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about TR1 2. Free, with a one click sign in.
The live map plots every individual TR1 2 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.