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Perranwell Station market report TR3, Truro
The standing TR3 (Perranwell Station) property market report, rebuilt from the full public record every month. The raw material for this page is 7,240 HM Land Registry entries for TR3 (Truro), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to August 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh. Page updated 19 October 2026.
In short: the 2026 median for TR3 (Truro) is £400,000, from 82 registered sales, up 0% on five years earlier; the mean is £469,200, and by floor area homes here have averaged about £4,190 per square metre over the last five years. Behind the figures sit 7,240 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
TR3 is the postcode district covering Truro, Perranwell Station, Feock in Truro. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where TR3 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 TR3 sells for
In the TR3 property market, the 2026 median sale price is £400,000, from 82 registered sales; the mean, the "average house price" most sites quote, is £469,200, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
House prices per square metre in TR3
Per square metre, TR3 homes have averaged around £4,190 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.
England and Wales as a whole trade at a £285,000 median, leaving TR3 40% above the national figure.
A typical TR3 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £400,000 | £400,000 | 82 |
| 2025 | £400,000 | £409,565 | 192 |
| 2024 | £395,000 | £419,966 | 154 |
| 2023 | £382,500 | £420,274 | 186 |
| 2022 | £450,000 | £527,676 | 224 |
| 2021 | £400,000 | £506,452 | 288 |
| 2020 | £325,000 | £421,694 | 251 |
| 2019 | £312,900 | £410,137 | 204 |
| 2018 | £310,000 | £413,236 | 219 |
| 2017 | £285,000 | £388,711 | 238 |
| 2016 | £285,500 | £399,417 | 290 |
| 2015 | £250,000 | £353,250 | 293 |
| 2014 | £235,000 | £333,389 | 225 |
| 2013 | £256,000 | £368,358 | 185 |
| 2012 | £267,000 | £392,991 | 171 |
| 2011 | £250,000 | £377,404 | 176 |
| 2010 | £262,000 | £410,883 | 185 |
| 2009 | £220,000 | £353,652 | 167 |
| 2008 | £255,000 | £417,999 | 156 |
| 2007 | £250,000 | £424,070 | 254 |
| 2006 | £247,000 | £428,760 | 259 |
| 2005 | £239,000 | £425,324 | 206 |
| 2004 | £207,100 | £376,134 | 249 |
| 2003 | £180,000 | £331,604 | 243 |
| 2002 | £148,000 | £278,461 | 244 |
| 2001 | £119,700 | £230,117 | 268 |
| 2000 | £105,800 | £207,633 | 268 |
| 1999 | £83,200 | £165,813 | 276 |
| 1998 | £85,000 | £171,579 | 280 |
| 1997 | £72,000 | £147,657 | 311 |
| 1996 | £68,500 | £144,463 | 267 |
| 1995 | £67,000 | £145,648 | 229 |
In cash terms the typical TR3 home went from £67,000 in 1995 to £400,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 175%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the TR3 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 2000 (+27.2% on the year before); the weakest, 2023 (−15.0%). 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, 56% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £535,000 against £151,200 for a flat, 3.5 times the price.
Median by property type, TR3
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 | £536,200 | 46 | 4,025 |
| Semi-detached | £308,000 | 21 | 1,808 |
| Terraced | £280,000 | 15 | 1,211 |
| Flats | £151,200 (2025) | – | 168 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | 0.0% | −2.3% |
| 5 years (since 2021) | 0.0% | −4.6% |
| 6 years (since 2020) | +3.5% | −0.9% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +2.4% | −0.3% |
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.
How many homes change hands in TR3
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.
Month by month, five years back
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
TR3 recorded 143 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 249 sales a year before the financial crisis and 168 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 kind of market TR3 is
This is a thin market: 143 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. Detached homes made up 52% of last year's sales, an unusually house-heavy mix that keeps the median well above what a flat or terrace here goes for. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. TR3 sits 2 of 23 in its area's price order, well inside the expensive end.
Rents around TR3
TR3 falls under Cornwall, where the ONS puts the average private rent 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 £400,000 median purchase price, a rent of £1,003 a month (£12,036 a year) works out at a 3.0% 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 TR3 (Perranwell Station)
How much did a house sell for in TR3 (Perranwell Station)?
Are property prices falling in TR3 (Perranwell Station)?
Is TR3 (Perranwell Station) a good place to buy a house?
What happens to TR3 prices now?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 21% 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 TR3 right now
Everything above is what homes in TR3 sold for. Turning to what is actually available: 15 homes on the market right now, from 3 agents publishing to HomesIndex, at a typical asking price 11% above the TR3 median sold price.
Set against 143 registered sales in the last twelve months, the 15 homes on the market here are roughly 5 weeks of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted. Supply that short favours the seller; a sensibly priced home here does not sit for long.
Of everything listed here, 13% asks less than the sold record of comparable homes. 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 TR3 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.
When homes in TR3 change hands
March is when TR3 changes hands most (12.1% of the 1,044 sales dated 2021 to 2025); April is the quiet end at 6.6%. The gap between the two is wide enough to plan around: completion follows the agreed sale by weeks, so the busiest month for completions points to deals done earlier, and a seller wanting several bidders should list ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 89 | 8.5% |
| February | 91 | 8.7% |
| March | 126 | 12.1% |
| April | 69 | 6.6% |
| May | 75 | 7.2% |
| June | 95 | 9.1% |
| July | 72 | 6.9% |
| August | 75 | 7.2% |
| September | 102 | 9.8% |
| October | 88 | 8.4% |
| November | 80 | 7.7% |
| December | 82 | 7.9% |
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. 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 | £280,000 | £325,000 (+16%) | £378,500 (+16%) | £475,000 (+25%) | £625,000 (+32%) |
| Semi-detached | £212,500 | £243,000 (+14%) | £285,000 (+17%) | £350,000 (+23%) | £415,000 (+19%) |
| Terraced | £185,000 | £215,000 (+16%) | £252,000 (+17%) | £330,000 (+31%) | £430,527 (+30%) |
| Flat | £149,975 | £215,000 (+43%) | £345,000 (+60%) | £380,000 (+10%) | — |
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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
TR3 ranks 15 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Inside TR3, 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.
How TR3 compares nearby
Same city, different markets. The neighbouring districts of the TR area, dearest first:
| District | Median | 5-year |
|---|---|---|
| TR5 | £405,000 | -9% |
| TR3 (this report) | £400,000 | +0% |
| TR20 | £362,000 | +6% |
| TR11 | £350,000 | +9% |
| TR8 | £335,000 | +5% |
| TR26 | £330,000 | -14% |
| TR4 | £320,000 | +2% |
| TR12 | £317,000 | -12% |
| TR7 | £315,000 | +5% |
| TR17 | £315,000 | +3% |
| TR2 | £309,000 | -12% |
| TR6 | £293,000 | -33% |
| TR27 | £287,500 | +3% |
| TR1 | £285,000 | +4% |
| TR13 | £285,000 | +6% |
| TR19 | £284,800 | -7% |
| TR21 | £280,000 | -12% |
| TR10 | £270,000 | +8% |
| TR16 | £270,000 | +12% |
| TR18 | £250,000 | +4% |
| TR15 | £243,000 | +16% |
| TR14 | £230,000 | +18% |
| TR9 | £228,800 | -8% |
Selling a home in TR3? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in TR3, use the average prices map for a rough value: zoom from TR3's shading down to the sold homes on your own street. The figures above are every recorded TR3 sale; agents price with this same Land Registry record, and now you have it too.
Dig further
Behind the answers sits the same Land Registry record as this page, with TR3 already set as the subject. Free, one click sign in.
Two maps carry on from here: every TR3 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.