Market outlook for PL10
Key indicators for buyers
The PL10 market is moderately favourable for buyers. Prices have softened (-18.6%), 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Cornwall area
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
Rental data shown for wider Cornwall area
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 £272,333 with a 25% deposit (£68k), a 2-year fixed mortgage at 3.97% costs around £1,075 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses PL10 avg. price with Cornwall rental data
Monthly mortgage payments (£1,075) are £70 more than renting (£1,005). However, buying requires an upfront deposit of £68k — 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 |
|---|---|---|---|
5, CAMPERKNOWLE CLOSE, MILLBROOK PL10 1QB | Detached | £330,000 | 23 Jan 2026 |
LODGE 54, WHITSAND BAY HOLIDAY PARK, MILLBROOK PL10 1JZ | Detached | £137,000 | 16 Jan 2026 |
8, FORDER COTTAGES, FORDER PL10 1LE | Semi-detached | £350,000 | 5 Jan 2026 |
AMITY LODGE, FREATHY CLIFF PL10 1JT | Detached | £670,000 | 5 Dec 2025 |
15, CAMPERKNOWLE CLOSE, MILLBROOK PL10 1QB | Detached | £325,000 | 4 Dec 2025 |
12, CLINTON TERRACE, MILLBROOK PL10 1EG | Terraced | £230,000 | 28 Nov 2025 |
7, OLD CHAPEL WAY, MILLBROOK PL10 1HL |
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.