Mervelle Cottage The Square

    MERVELLE COTTAGE, THE SQUARE, PROBUS, TRURO, TR2 4LG

    This detached freehold property on The Square last sold in May 2017 for £313,000. Based on price growth in the TR2 district since then, its estimated current value is £476,573 — placing it in the 77th percentile nationally and the 57th percentile within TR2. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,694 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £313,000

    May 2017

    Estimated Valuation

    £476,573

    Est. £/sq ft

    £343/sq ft

    £3,694/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateNov 2015
    WallsCob, as built
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2017

    £313,000

    Key Metrics

    Estimated valuation£476,573
    Value per sq ft / m²£343/sq ft (£3,694/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR2 district percentile57th percentile
    National percentile77th percentile

    District Context — TR2

    TR2 covers parts of central and south Cornwall, including villages and coastal settlements in the Truro area and beyond. It is a mixed residential and rural district with strong appeal to retirees and families seeking a quieter lifestyle.

    Average Property Price - TR2

    £508,213

    81

    National percentile

    Average Net Household Income - TR2

    £38,069

    49

    National percentile

    10-Year Annualised Price Growth - TR2

    3.6%

    52

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR2

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