Key indicators for buyers
The PL28 market presents a mixed picture for buyers. Prices are rising at 23.1%, which may favour acting sooner rather than later. 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 £733,333 with a 25% deposit (£183k), a 2-year fixed mortgage at 3.97% costs around £2,894 per month.
Monthly cost comparison based on current data
Uses PL28 avg. price with Cornwall rental data
Monthly mortgage payments (£2,894) are £1,889 more than renting (£1,005). However, buying requires an upfront deposit of £183k — it would take around 15278 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
HERON COTTAGE, 8, NEW STREET PL28 8EA | Terraced | £750,000 | 15 Jan 2026 |
GOLDEN BURN, PORTHCOTHAN BAY PL28 8LS | Semi-detached | £700,000 | 15 Jan 2026 |
BARLEY PARK, DOBBIN ROAD, TREVONE PL28 8QW | Detached | £750,000 | 2 Jan 2026 |
FLAT 2, RED BRICK BUILDING, NORTH QUAY PL28 8AF | Flat/Maisonette | £400,000 | 19 Dec 2025 |
PLOT 4, TREVONE FARM HOLIDAY COTTAGES, TREVONE FARM, TREVONE ROAD, TREVONE PL28 8QJ | Detached | £800,000 | 19 Dec 2025 |
32, SOLDON CLOSE PL28 8FS | Terraced | £122,500 | 28 Nov 2025 |
THE COACH HOUSE, CROSS STREET |
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 PL28 sold for £733,333 in 2026, with a median of £750,000 across 3 transactions. Prices rose 23.1% compared to the previous year.
| Terraced |
| £555,000 |
| 21 Nov 2025 |
6, TREVOSE LODGE, CONSTANTINE BAY PL28 8JD | Flat/Maisonette | £550,000 | 19 Nov 2025 |
2, WARWICK CLOSE, ST MERRYN PL28 8LH | Detached | £565,000 | 10 Nov 2025 |
46, DENNIS ROAD PL28 8DF | Detached | £675,000 | 29 Oct 2025 |
20, PEGUARRA COURT, ST MERRYN PL28 8PB | Terraced | £280,000 | 28 Oct 2025 |
2, PEGUARRA CLOSE, ST MERRYN PL28 8PA | Detached | £772,500 | 23 Oct 2025 |
APARTMENT 8, KARREK, HARLYN BAY PL28 8SB | Flat/Maisonette | £737,500 | 17 Oct 2025 |
BRAMBLES, TRELANTIS ESTATE, ST MERRYN PL28 8NU | Detached | £450,000 | 3 Oct 2025 |
15, ALAN ROAD PL28 8DS | Semi-detached | £395,000 | 2 Oct 2025 |
SEASCAPE, TREVONE ROAD, TREVONE PL28 8QX | Semi-detached | £850,000 | 25 Sept 2025 |
12, PEGUARRA COURT, ST MERRYN PL28 8PB | Terraced | £315,000 | 5 Sept 2025 |
20, BAY RETREAT, ST MERRYN PL28 8QA | Flat/Maisonette | £152,500 | 1 Sept 2025 |
24, OLD SCHOOL COURT PL28 8ED | Terraced | £363,000 | 28 Aug 2025 |
14, CROSS STREET PL28 8AT | Terraced | £299,000 | 21 Aug 2025 |
The most recent recorded sale in PL28 was a terraced property on New Street for £750,000 in January 2026. Across the last 20 sales, the median price was £555,000.