According to the public record, Lormor, Truro is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 953 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Tregoyne, Porthtowan, Truro, TR4 is located within the TR4 postal district.
Lormor, Truro has 21 entries in the Land Registry database, most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Lormor Truro as £294,893 and the rental value as £1,305 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Lormor Truro has decreased by £592 (0.2%) and its rental value has increased by £24 per month (1.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lormor, Truro is in very good condition we estimate a sale value of £309,637 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,250 and a rental value of £1,214 per month.
If you were able to purchase this property for the estimated value of £294,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,449 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Lormor, Truro was last sold on 25 May 2007 for £152,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 53.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lormor, Truro within a radius of 677m over the last 2 years.
The most recent example is 17, Beach Road, Truro, TR4 8AA, a Freehold house which sold for £360,000 in Oct 2023.
Read more about house prices in TR4.
Tregoyne, Porthtowan, Truro, TR4 has a total of 30 addresses. According to our analysis of all the public data, Lormor, Truro is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in TR4.
The closest station to Lormor, Truro is Redruth station which is 6.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lormor, Truro, 36.4% of property is privately rented and 28.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lormor, Truro, 25.1% of residents are recorded as possessing school level qualifications and 44.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lormor, Truro, the average age was 44.2 and the most common age was 47.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lormor, Truro, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lormor, Truro, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.