Market outlook for PL30
Key indicators for buyers
The PL30 market is moderately favourable for buyers. 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 £400,000 with a 25% deposit (£100k), a 2-year fixed mortgage at 3.97% costs around £1,579 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses PL30 avg. price with Cornwall rental data
Monthly mortgage payments (£1,579) are £574 more than renting (£1,005). However, buying requires an upfront deposit of £100k — it would take around 22 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 |
|---|---|---|---|
TREDEER, COOMBE MILL, ST BREWARD PL30 4LZ | Detached | £550,000 | 15 Jan 2026 |
47, TREHANNICK CLOSE, ST TEATH PL30 3LF | Semi-detached | £225,000 | 6 Jan 2026 |
WOODBINE COTTAGE, WASHAWAY PL30 3AD | Detached | £425,000 | 5 Jan 2026 |
LYN MELYNOR, WETHERHAM LANE, ST TUDY PL30 3NG | Detached | £650,000 | 19 Dec 2025 |
VALLEY VIEW, FLETCHERS BRIDGE PL30 4AN | Detached | £430,000 | 19 Dec 2025 |
17, ST SULIEN, LUXULYAN PL30 5EB | Semi-detached | £260,000 | 19 Dec 2025 |
48, ST JULITTA, LUXULYAN PL30 5ED |
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.