Market outlook for TR26
Key indicators for buyers
The TR26 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 £454,583 with a 25% deposit (£114k), a 2-year fixed mortgage at 3.97% costs around £1,794 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses TR26 avg. price with Cornwall rental data
Monthly mortgage payments (£1,794) are £789 more than renting (£1,005). However, buying requires an upfront deposit of £114k — it would take around 33 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, HICKS COURT TR26 1HS | Flat/Maisonette | £370,500 | 20 Jan 2026 |
1, PENBEAGLE TERRACE TR26 2EU | Terraced | £227,000 | 12 Jan 2026 |
2A, CHY AN DOUR CLOSE TR26 2HL | Detached | £495,000 | 9 Jan 2026 |
14, TRENWITH PLACE TR26 1QD | Semi-detached | £485,000 | 9 Jan 2026 |
5, BELLAIR TERRACE TR26 1JR | Terraced | £860,000 | 8 Jan 2026 |
38, PORTHIA ROAD TR26 2JB | Semi-detached | £290,000 | 7 Jan 2026 |
11, TREWARTHA CLOSE, CARBIS BAY TR26 2TG | Terraced |
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.