Key indicators for buyers
The PL15 market is moderately favourable for buyers. Prices have softened (-23.6%), 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cornwall price of £245,500 with a 25% deposit (£61k), a 2-year fixed mortgage at 3.97% costs around £969 per month.
Monthly cost comparison based on current data
Uses PL15 avg. price with Cornwall rental data
Monthly mortgage payments (£969) are £36 less than renting (£1,005). However, buying requires an upfront deposit of £61k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, ST KERI COURT, EGLOSKERRY PL15 8RS | Terraced | £190,000 | 15 Jan 2026 |
BLACKADON, BOLVENTOR PL15 7TN | Detached | £470,000 | 14 Jan 2026 |
17, WESTGATE MEWS PL15 7AZ | Flat/Maisonette | £76,500 | 9 Jan 2026 |
THE VICARAGE, EGLOSKERRY PL15 8RX | Other | £725,000 | 22 Dec 2025 |
88, CHESTNUT DRIVE PL15 9GP | Detached | £338,000 | 19 Dec 2025 |
TRELISSICK COTTAGE, EGLOSKERRY PL15 8RT | Semi-detached | £240,250 | 19 Dec 2025 |
6, NORTHGATE STREET PL15 8BD | Other |
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 PL15 sold for £245,500 in 2026, with a median of £190,000 across 3 transactions. Prices fell 23.6% compared to the previous year.
| £86,500 |
| 19 Dec 2025 |
LAUREL HOUSE, FIVE LANES PL15 7RX | Semi-detached | £190,000 | 18 Dec 2025 |
5, CORNER PARK, FIVE LANES PL15 7RX | Detached | £295,000 | 18 Dec 2025 |
MATARANKA, WARBSTOW PL15 8RP | Other | £755,000 | 18 Dec 2025 |
WHEALBRAY, ALTARNUN PL15 7SW | Detached | £670,000 | 17 Dec 2025 |
31, PENHOLE DRIVE PL15 9FH | Semi-detached | £204,000 | 17 Dec 2025 |
OLD VICARAGE, ST GILES ON THE HEATH PL15 9SF | Detached | £1,000,000 | 16 Dec 2025 |
LUNDY COTTAGE, LANEAST PL15 8QQ | Detached | £354,950 | 16 Dec 2025 |
THE OLD VESTRY, NORTH HILL PL15 7PG | Detached | £170,000 | 16 Dec 2025 |
43, ST MARYS ROAD, LANSTEPHAN PL15 8JR | Terraced | £146,000 | 10 Dec 2025 |
3, BLUEBELL WAY PL15 9JU | Detached | £322,500 | 10 Dec 2025 |
TA MILL, ST CLETHER PL15 8PS | Other | £2,320,000 | 8 Dec 2025 |
LOG CABIN 3, TA MILL, ST CLETHER PL15 8PS | Other | £2,320,000 | 8 Dec 2025 |
40, BARRABILL WAY PL15 7FW | Detached | £280,000 | 8 Dec 2025 |
The most recent recorded sale in PL15 was a terraced property on St Keri Court for £190,000 in January 2026. Across the last 20 sales, the median price was £322,500.