TR4 spans central Truro and surrounding areas in Cornwall. Over the past five years, property prices have grown at a compound annual rate of 1.8%, while rental yields have expanded at 5.4% annually, indicating stronger demand from tenants relative to capital appreciation. Population growth remains modest at 0.7% over the same period. The district scores 34.4 out of 100 on trajectory metrics, placing it in the lower percentile nationally. Analysis suggests the area remains in a latent gentrification stage, meaning visible regeneration and demographic shifts have not yet materialised at scale. These metrics reflect a market characterised by rental-driven dynamics rather than rapid property price inflation.
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See plans from £20/moKey signals
- 1Property prices up 1.1% over 5 years (5yr CAGR)
- 2Rents growing at 5.4% per year
- 3Population growing at 0.7% per year
Nearby districts
What's changing in Truro · June 2026
The trajectory score moved up 0.9 points this month to 35/100, driven mainly by demand.
26 planning applications submitted in TR4 over the last six months, including 1 new build residential scheme proposing 3 homes, 2 change of use.
- Construction of 3 houses and associated works with variation of condition 5 of decision notice PA19/06693 dated 15.03.2021.Jul 2026 · Awaiting decision
- Change of use of garage and store into a holiday let and ancillary accommodation, including an upward extension and other associated worksJun 2026 · Awaiting decision
- Change of use of part of a building from use Class C1 to Class C2Feb 2026 · Decided
Truro (TR4) common questions
Is Truro up and coming?
Truro (TR4) has a trajectory score of 35/100 (Average), placing it in the top 99% of postcode districts in England and Wales. The score is up 2.0 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Truro safe?
Truro has a safety score of 34/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Truro?
The average property price in Truro (TR4) is £269k as of January 2026, based on UK House Price Index data. Prices have grown at 1.1% per year over the last five years.
What is the average rent in Truro?
The median monthly rent in Truro (TR4) is £996 (2026), based on ONS private rental data.
Which areas are near Truro?
Neighbouring postcode districts include St Agnes (TR5), Truro (TR1), Perranporth (TR6), Truro (TR3), Redruth (TR16). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.