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Gerrans market report TR2 4, Truro
The TR2 4 (Gerrans) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 3,157 registered sales in TR2 4 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 46 registered 2026 sales put the TR2 4 (Truro) median at £295,000, up 1% on five years earlier, with a mean of £300,800, and by floor area homes here have averaged about £3,590 per square metre over the last five years. Everything rests on 3,157 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
TR2 4 is one sector of TR2 (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 TR2 4 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 a home in TR2 4 sells for
Take the 46 registered 2026 sales in TR2 4 and the middle price, the median, is £295,000. The mean lands at £300,800, nearly identical to it, meaning sales cluster closely around the typical figure.
TR2 4 prices by floor area
Averaged across five years of sales, floor space in TR2 4 costs about £3,590 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.
Against a national (England and Wales) median of £285,000, TR2 4 runs 4% above it.
The price of a typical TR2 4 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £295,000 | £295,000 | 46 |
| 2025 | £305,000 | £312,293 | 75 |
| 2024 | £305,000 | £324,278 | 78 |
| 2023 | £325,000 | £357,096 | 83 |
| 2022 | £325,000 | £381,100 | 96 |
| 2021 | £292,200 | £369,963 | 126 |
| 2020 | £250,000 | £324,380 | 84 |
| 2019 | £228,000 | £298,853 | 125 |
| 2018 | £224,500 | £299,263 | 131 |
| 2017 | £231,700 | £316,016 | 118 |
| 2016 | £212,500 | £297,290 | 105 |
| 2015 | £196,000 | £276,948 | 90 |
| 2014 | £210,000 | £297,922 | 101 |
| 2013 | £191,500 | £275,549 | 100 |
| 2012 | £193,000 | £284,072 | 105 |
| 2011 | £197,500 | £298,149 | 73 |
| 2010 | £200,000 | £313,651 | 71 |
| 2009 | £185,000 | £297,389 | 51 |
| 2008 | £194,000 | £318,007 | 47 |
| 2007 | £210,000 | £356,218 | 121 |
| 2006 | £185,000 | £321,136 | 125 |
| 2005 | £185,000 | £329,225 | 100 |
| 2004 | £169,000 | £306,937 | 104 |
| 2003 | £140,000 | £257,914 | 109 |
| 2002 | £115,000 | £216,372 | 142 |
| 2001 | £89,000 | £171,098 | 115 |
| 2000 | £84,000 | £164,850 | 137 |
| 1999 | £70,000 | £139,506 | 110 |
| 1998 | £63,400 | £127,977 | 116 |
| 1997 | £57,000 | £116,896 | 117 |
| 1996 | £50,000 | £105,448 | 84 |
| 1995 | £50,200 | £109,127 | 72 |
In cash terms the typical TR2 4 home went from £50,200 in 1995 to £295,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 170%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 23% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the TR2 4 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 (+29.2% on the year before); the weakest, 2008 (−7.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.3% | −5.5% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +2.4% | −0.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
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.
The register shows 46 TR2 4 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 119 sales a year before the financial crisis and 76 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.
The shape of the TR2 4 market
This is a thin market: 46 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
What tenants pay around TR2 4
For renting purposes TR2 4 sits in Cornwall. The ONS average private rent there is £1,003 a month (May 2026). Size sets most of the rent: one-beds average £691 a month here against £1,510 for four or more bedrooms.
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 £295,000 median sold price makes a gross yield of 4.1%. 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.
TR2 4 (Gerrans): the questions that come up
Are property prices falling in TR2 4 (Gerrans)?
Is TR2 4 (Gerrans) a good place to buy a house?
How much did a house sell for in TR2 4 (Gerrans)?
Will TR2 4 prices rise from here?
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.
What is for sale in TR2 right now
Turning to what is actually available: 30 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole TR2 district, not just TR2 4: live asking prices are collected per district.
47% 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.
"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 TR2 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.
The price of an extra bedroom in TR
Real sold prices by size across the TR area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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
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.
Other sectors in TR2
Sector boundaries hide real price steps. The rest of TR2, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR2 5 | £419,400 | 16 |
Zoom out to the full TR2 district report for the type split, monthly volumes and how TR2 compares with its neighbours.
Selling in TR2 4? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at TR2 4's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working TR2 4: the featured spot on this report is free for founding agents, one per district. Claim TR2 4.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about TR2 4. Free, with a one click sign in.
See every individual TR2 4 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on 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.