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Truro market report TR1
The house prices in TR1 (Truro): the full public record, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 13,738 completed sales registered with HM Land Registry in TR1 (Truro) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 155 registered 2026 sales put the TR1 (Truro) median at £285,000, up 4% on five years earlier, with a mean of £310,100, and by floor area homes here have averaged about £3,520 per square metre over the last five years. Everything rests on 13,738 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
TR1 is a postcode district covering Truro in Truro. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where TR1 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.
TR1 sold prices: where the market stands
The 2026 median for TR1 is £285,000, taken from 155 registered sales. The mean, which is what most sites call the "average house price", is £310,100, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in TR1
Per square metre, TR1 homes have averaged around £3,520 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, TR1 runs 0% above it.
TR1's median sold price, 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 | £285,000 | £285,000 | 155 |
| 2025 | £290,200 | £297,140 | 352 |
| 2024 | £307,500 | £326,936 | 340 |
| 2023 | £297,000 | £326,330 | 307 |
| 2022 | £300,000 | £351,784 | 381 |
| 2021 | £273,500 | £346,286 | 555 |
| 2020 | £270,000 | £350,331 | 369 |
| 2019 | £247,500 | £324,413 | 425 |
| 2018 | £247,200 | £329,522 | 470 |
| 2017 | £241,500 | £329,382 | 481 |
| 2016 | £232,500 | £325,270 | 513 |
| 2015 | £225,000 | £317,925 | 502 |
| 2014 | £222,500 | £315,655 | 421 |
| 2013 | £200,000 | £287,780 | 400 |
| 2012 | £210,000 | £309,094 | 335 |
| 2011 | £206,000 | £310,981 | 347 |
| 2010 | £212,000 | £332,471 | 418 |
| 2009 | £188,000 | £302,212 | 333 |
| 2008 | £220,000 | £360,626 | 292 |
| 2007 | £225,000 | £381,663 | 505 |
| 2006 | £210,000 | £364,533 | 613 |
| 2005 | £200,000 | £355,919 | 437 |
| 2004 | £193,500 | £351,434 | 515 |
| 2003 | £161,500 | £297,522 | 496 |
| 2002 | £133,000 | £250,238 | 575 |
| 2001 | £99,400 | £191,091 | 561 |
| 2000 | £91,500 | £179,569 | 482 |
| 1999 | £72,000 | £143,492 | 505 |
| 1998 | £65,000 | £131,207 | 477 |
| 1997 | £60,000 | £123,048 | 474 |
| 1996 | £55,000 | £115,993 | 396 |
| 1995 | £53,800 | £116,953 | 306 |
In cash terms the typical TR1 home went from £53,800 in 1995 to £285,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 144%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the TR1 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 (+33.8% on the year before); the weakest, 2009 (−14.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What TR1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.8% | −4.1% |
| 5 years (since 2021) | +0.8% | −3.8% |
| 10 years (since 2016) | +2.1% | −1.3% |
| 20 years (since 2006) | +1.5% | −1.2% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 34% of the typed total. A detached home currently trades at £390,000 against £161,200 for a flat, 2.4 times the price.
Median by property type, TR1
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 | £390,000 | 35 | 3,967 |
| Semi-detached | £276,000 | 30 | 2,726 |
| Terraced | £267,500 | 64 | 4,731 |
| Flats | £161,200 | 26 | 2,314 |
The turnover behind the prices
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 305 TR1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 523 sales a year before the financial crisis and 307 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around TR1
The local authority for TR1 is Cornwall, and its ONS average private rent currently stands 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.
£1,003 a month is £12,036 a year, which against the £285,000 median sold price makes a gross yield of 4.2%. 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.
TR1 (Truro): the questions that come up
Is TR1 (Truro) a good place to buy a house?
How much did a house sell for in TR1 (Truro)?
Are property prices falling in TR1 (Truro)?
Are TR1 prices heading up or down?
The record answers a different question than "what happens next": the median is up 4% over five years in cash but down 18% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in TR1 now
Everything above is what homes in TR1 sold for. This is what you could actually buy today: 113 homes currently on the market from 7 agents publishing to HomesIndex, at a typical asking price 9% above the TR1 median sold price.
Of everything listed here, 35% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
"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 →
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.
The price of an extra bedroom in TR
The Land Registry record, split by size: what each kind of home actually sold for across the TR area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
TR1 ranks 10 of 23 in the TR area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the TR area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside TR1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR1 1 | £277,000 | 63 |
| TR1 2 | £280,000 | 35 |
| TR1 3 | £287,000 | 57 |
How TR1 compares nearby
Same city, different markets. The neighbouring districts of the TR area, dearest first:
| District | Median | 5-year |
|---|---|---|
| TR5 | £425,000 | -5% |
| TR3 | £415,000 | +4% |
| TR20 | £368,500 | +8% |
| TR17 | £365,000 | +19% |
| TR11 | £350,000 | +9% |
| TR8 | £335,000 | +5% |
| TR6 | £326,500 | -26% |
| TR7 | £320,000 | +7% |
| TR26 | £320,000 | -17% |
| TR12 | £311,500 | -13% |
| TR4 | £310,000 | -2% |
| TR2 | £307,500 | -12% |
| TR19 | £295,000 | -3% |
| TR1 (this report) | £285,000 | +4% |
| TR27 | £285,000 | +2% |
| TR21 | £280,000 | -12% |
| TR13 | £276,200 | +2% |
| TR10 | £272,500 | +9% |
| TR16 | £270,000 | +12% |
| TR18 | £250,000 | +4% |
| TR15 | £240,000 | +14% |
| TR14 | £230,000 | +18% |
| TR9 | £227,500 | -9% |
Before you sell in TR1: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR1, open the average prices map and zoom from the TR1 shading down to the sold homes on your own street. Every recorded TR1 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.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to TR1. Free after a one click sign in.
Two maps carry on from here: every TR1 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.