How much is Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE worth?
Estimated value — November 2026
£639,000
Likely range £504,000 – £743,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale July 1997
62%
confidence
Medium
Typically within 9% of the sale price
Property details
Detached house
Penstraze · Truro · TR4 8PE
Energy performance
Oil (Not Community) · EPC 8349-6020-9709-3314-4926 · inspected October 2011 · lodged November 2011
Address
- District
- Carrick
- County
- Cornwall
Value over time
- Modelled value
- Projected
- Likely range (80%)
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.
View as a table
| Year | Modelled value | Likely range |
|---|---|---|
| 2000 | £182,364 | £155,819 – £210,187 |
| 2001 | £215,539 | £182,337 – £249,064 |
| 2002 | £292,622 | £245,219 – £339,870 |
| 2003 | £339,544 | £282,253 – £394,831 |
| 2004 | £393,256 | £324,902 – £456,608 |
| 2005 | £395,977 | £325,027 – £459,819 |
| 2006 | £425,962 | £346,765 – £495,826 |
| 2007 | £455,635 | £367,877 – £531,895 |
| 2008 | £396,889 | £318,239 – £464,642 |
| 2009 | £405,979 | £324,389 – £477,065 |
| 2010 | £429,228 | £342,772 – £505,890 |
| 2011 | £414,402 | £330,413 – £490,858 |
| 2012 | £408,316 | £325,368 – £484,829 |
| 2013 | £421,186 | £370,958 – £459,880 |
| 2014 | £443,075 | £387,018 – £486,260 |
| 2015 | £470,850 | £407,858 – £519,377 |
| 2016 | £471,531 | £405,023 – £522,767 |
| 2017 | £496,868 | £423,177 – £553,637 |
| 2018 | £515,933 | £435,667 – £577,768 |
| 2019 | £525,492 | £439,921 – £591,413 |
| 2020 | £584,654 | £485,202 – £661,269 |
| 2021 | £630,933 | £519,026 – £717,143 |
| 2022 | £704,031 | £574,044 – £804,169 |
| 2023 | £666,502 | £538,603 – £765,032 |
| 2024 | £660,825 | £529,215 – £762,214 |
| 2025 | £642,088 | £509,545 – £744,195 |
| 2026 | £639,000 | £504,000 – £743,000 |
Sale history
Mortgage calculator
£3,430
Estimated monthly repayment
£575,100
Loan amount
£659,538
Total interest
£1,234,638
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- Quaker Cottage, Penstraze, Chacewater, Truro, Cornwall, TR4 8PE£483,200 · 2025£548,000
- The Old Whim House, Penstraze, Chacewater, Truro, Cornwall, TR4 8PE£440,000 · 2021£505,000
- Grey Rocks, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE£335,000 · 2005£474,000
- Killiwerris Cottage, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE£290,000 · 2016£358,000
- Tamblyns Barn, Penstraze, Chacewater, Truro, Cornwall, TR4 8PE£200,000 · 2019—
- Quaker House, Penstraze, Chacewater, Truro, Cornwall, TR4 8PE£290,000 · 2017—
About this property
Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE is a detached house on Penstraze in Truro, Cornwall. Stede's estimated value for November 2026 is £639,000. Four in five similar homes sold within their likely range when tested; for this property that range is £504,000 to £743,000. It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 69 similar homes in the same postcode sector (25%). The confidence score is 62 out of 100 (medium): estimates like this one are typically within 9% of the eventual sale price.
It last sold in July 1997 for £122,000. The current estimate is 424% higher than that price. The current owner has held it for about 29 years.
Its EPC energy-efficiency rating is band E (46 out of 100). The certificate records a total floor area of 182 m² (1,959 sq ft). It was lodged in November 2011.
The modelled value is down 1% over the past year and up 2% over the past five years.
Among 4 nearby properties Stede tracks in the TR4 area, estimated values run from £358,000 to £548,000. This detached house's £639,000 sits above that range.
Common questions
How much is Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE worth?
Stede estimates Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE is worth £639,000 as of November 2026, within a likely range of £504,000 to £743,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE last sell?
It last sold in July 1997 for £122,000.
What type of property is Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE?
It is recorded as a Detached house on Penstraze in the TR4 postcode area.
What is the EPC rating of Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE?
Melbourne House, Penstraze, Chacewater, Truro, Carrick, Cornwall, TR4 8PE has an EPC energy-efficiency rating of band E (46 out of 100). The certificate records a floor area of 182 m² (1,959 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.
How reliable is this estimate?
The confidence score is 62 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 69 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 50,831 real sales of similar homes.
- Recent price per m² in the same postcode sector, for its 182 m²£782,75650%
- Its sale in July 1997, brought up to today with the House Price Index£583,43025%
- 69 similar homes sold recently in the same postcode sector£408,24525%
Estimate £639,000, likely £504,000 – £743,000
Read the full methodology and data sources →