Property Data OutlookCornwall
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Cornwall
Key indicators for buyers
The Cornwall market is moderately favourable for buyers. Prices have softened (-2.1%), which could present a buying opportunity. Affordability has improved from a peak of 11.0x in 2021 to 8.6x today. Rising rents (£1,005/mo, +6.0%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Cornwall costs 8.6x the local median salary — stretched, improving from a peak of 11.0x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Cornwall is £1,005, up 6.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cornwall price of £276,628 with a 25% deposit (£69k), a 2-year fixed mortgage at 3.97% costs around £1,092 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,092) are £87 more than renting (£1,005). However, buying requires an upfront deposit of £69k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
14, STEPHENS ROAD PL14 3SX | Terraced | £115,000 | 30 Jan 2026 |
59, CHURCH STREET, MEVAGISSEY PL26 6SR | Terraced | £215,000 | 29 Jan 2026 |
1B, EAST QUAY TR27 4BJ | Flat/Maisonette | £285,000 | 28 Jan 2026 |
MILLPOND HOUSE, MILLPOND AVENUE TR27 4HX | Detached | £435,000 | 28 Jan 2026 |
8, TRAFALGAR COURT, EAST TERRACE TR18 2TB | Flat/Maisonette | £165,000 | 28 Jan 2026 |
BOSLOWEN, 5, OLD VICARAGE CLOSE, STITHIANS TR3 7DZ | Detached | £765,000 | 27 Jan 2026 |
EDDYSTONE, BARBICAN ROAD PL13 1EU |
Explore postcodes in Cornwall
41postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.