According to the public record, Ocean Magic, Truro is a modern house with 1,776 ft2 of internal area and sits on a 625 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Porthtowan, Truro, TR4 is located within the TR4 postal district.
Ocean Magic, Truro has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Ocean Magic Truro as £381,475 and the rental value as £1,520 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Ocean Magic Truro has decreased by £3,043 (0.8%) and its rental value has increased by £19 per month (1.3%).
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 Ocean Magic, Truro is in very good condition we estimate a sale value of £400,549 and rental value of £1,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,772 and a rental value of £1,413 per month.
If you were able to purchase this property for the estimated value of £381,475, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,875 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 data from HM Land Registry, Ocean Magic, Truro sits on a plot of 625m2.
We have plot size data on 6 out of 8 other houses in the postcode and Ocean Magic, Truro sits on the 5th largest plot.
According to HM Land Registry, Ocean Magic, Truro was last sold on 14 Oct 2003 for £172,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ocean Magic, Truro within a radius of 2.7km over the last 2 years.
The most recent example is Boskenwyn, Short Cross Road, Truro, TR4 8EB, a Freehold house which sold for £233,000 in Nov 2009.
Read more about house prices in TR4.
Porthtowan, Truro, TR4 has a total of 34 addresses. According to our analysis of all the public data, Ocean Magic, Truro is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in TR4.
Ocean Magic, Truro has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 27 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Ocean Magic, Truro is Redruth station which is 5.7 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 Ocean Magic, 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 Ocean Magic, 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 Ocean Magic, 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 Ocean Magic, 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 Ocean Magic, 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.