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.
Average sale prices · HM Land Registry / UK HPI
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.
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 residential transactions · HMRC (seasonally adjusted)
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.
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.
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 |
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.
The average property in Cornwall sells for £276,628, down 2.1% over the past year. Prices have grown from around £46k in the mid-1990s.
There were 94,680 residential property transactions across the UK in January 2026 (seasonally adjusted), down 0.8% compared to a year ago. The highest monthly volume on record was 204,980 in June 2021.
| Detached |
| £530,000 |
| 27 Jan 2026 |
14, FORE STREET, CONSTANTINE TR11 5AB | Terraced | £370,000 | 26 Jan 2026 |
HENDRA HOUSE, ROSE TR4 9PL | Detached | £530,000 | 26 Jan 2026 |
GRANNY COTTAGE, TREFREW ROAD PL32 9TP | Detached | £213,470 | 26 Jan 2026 |
5, BURGESS CLOSE, POUGHILL EX23 9EB | Detached | £390,000 | 26 Jan 2026 |
FLAT 7, BUSH HOUSE, FORE STREET PL32 9PG | Flat/Maisonette | £95,000 | 26 Jan 2026 |
18, METHA ROAD, ST NEWLYN EAST TR8 5LP | Semi-detached | £425,000 | 23 Jan 2026 |
2, CARNBARGUS COTTAGES, CARNBARGUS TR6 0JF | Terraced | £293,000 | 23 Jan 2026 |
1, KEW AN LERGH, NANSLEDAN TR8 4UZ | Semi-detached | £320,000 | 23 Jan 2026 |
11, BEACON PARK, PELYNT PL13 2PQ | Detached | £450,000 | 23 Jan 2026 |
4, CARN VIEW TERRACE TR15 1NE | Terraced | £122,000 | 23 Jan 2026 |
19, THOMAS STREET, PORTHLEVEN TR13 9DG | Terraced | £240,000 | 23 Jan 2026 |
5, CAMPERKNOWLE CLOSE, MILLBROOK PL10 1QB | Detached | £330,000 | 23 Jan 2026 |
4, THE PIER APARTMENTS, PRINCE OF WALES PIER TR11 3DF | Flat/Maisonette | £225,000 | 23 Jan 2026 |
The most recent recorded sale in Cornwall was a terraced property on Stephens Road for £115,000 in January 2026. Across the last 20 sales, the median price was £320,000.