Key indicators for buyers
The PL18 market is moderately favourable for buyers. Prices have softened (-11.4%), 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 £280,000 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,105 per month.
Monthly cost comparison based on current data
Uses PL18 avg. price with Cornwall rental data
Monthly mortgage payments (£1,105) are £100 more than renting (£1,005). However, buying requires an upfront deposit of £70k — 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 |
|---|---|---|---|
TAMAREE, CHAPEL STREET PL18 9NA | Detached | £280,000 | 19 Jan 2026 |
HOMESTEAD, COX PARK PL18 9BA | Detached | £520,000 | 19 Dec 2025 |
REDWINGS, CHILSWORTHY PL18 9PB | Detached | £445,000 | 9 Dec 2025 |
KELLY COTTAGE, KELLY GARDENS PL18 9SA | Detached | £275,000 | 28 Nov 2025 |
56, BUZZARD RISE, ST ANNS CHAPEL PL18 9FL | Detached | £375,000 | 25 Nov 2025 |
4, JOHNSON PARK PL18 9RH | Detached | £530,000 | 20 Nov 2025 |
8, OLL AN GWELLA, ST ANNS CHAPEL PL18 9FW | Detached |
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 PL18 sold for £280,000 in 2026, with a median of £280,000 across 1 transactions. Prices fell 11.4% compared to the previous year.
| £350,000 |
| 14 Nov 2025 |
6, PHOEBE CLOSE, ST ANNS CHAPEL PL18 9FB | Semi-detached | £147,000 | 14 Nov 2025 |
1, CHAPEL COURT, CHAPEL STREET PL18 9NA | Terraced | £155,000 | 7 Nov 2025 |
TRYGA, DRAKEWALLS PL18 9DN | Detached | £385,000 | 7 Nov 2025 |
THE BEECHES, CHILSWORTHY PL18 9PB | Detached | £452,000 | 4 Nov 2025 |
14, DELAWARE COURT PL18 9BH | Terraced | £249,000 | 29 Oct 2025 |
THE BUNGALOW, THE SQUARE PL18 9BW | Detached | £240,000 | 21 Oct 2025 |
6, ROSE TERRACE, ST ANNS CHAPEL PL18 9HT | Terraced | £200,000 | 17 Oct 2025 |
32, BUZZARD RISE, ST ANNS CHAPEL PL18 9FL | Semi-detached | £280,000 | 15 Oct 2025 |
WICKHAM COTTAGE, CHURCH STREET PL18 9QE | Flat/Maisonette | £160,000 | 13 Oct 2025 |
HILLCREST, FORE STREET PL18 9JG | Terraced | £220,000 | 3 Oct 2025 |
2, BELLE VUE TERRACE PL18 9BP | Terraced | £108,000 | 30 Sept 2025 |
3, ADIT COTTAGES PL18 9QR | Terraced | £148,000 | 26 Sept 2025 |
16, GENNYS CLOSE, ST ANNS CHAPEL PL18 9TB | Terraced | £250,000 | 19 Sept 2025 |
The most recent recorded sale in PL18 was a detached property on Chapel Street for £280,000 in January 2026. Across the last 20 sales, the median price was £275,000.