Key indicators for buyers
The PL32 market is moderately favourable for buyers. Prices have softened (-57.6%), 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 £123,490 with a 25% deposit (£31k), a 2-year fixed mortgage at 3.97% costs around £487 per month.
Monthly cost comparison based on current data
Uses PL32 avg. price with Cornwall rental data
Monthly mortgage payments (£487) are £518 less than renting (£1,005). However, buying requires an upfront deposit of £31k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
GRANNY COTTAGE, TREFREW ROAD PL32 9TP | Detached | £213,470 | 26 Jan 2026 |
FLAT 7, BUSH HOUSE, FORE STREET PL32 9PG | Flat/Maisonette | £95,000 | 26 Jan 2026 |
34, FORE STREET PL32 9PG | Terraced | £62,000 | 13 Jan 2026 |
46, HIGHFIELD ROAD PL32 9QZ | Terraced | £180,000 | 19 Dec 2025 |
103, TRECLAGO VIEW PL32 9AE | Terraced | £176,000 | 18 Dec 2025 |
COBBLESTONES, 2, WARRENS FIELD PL32 9YS | Detached | £410,000 | 17 Dec 2025 |
MOONRAKER, TRESPARRETT PL32 9ST | 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 PL32 sold for £123,490 in 2026, with a median of £95,000 across 3 transactions. Prices fell 57.6% compared to the previous year.
| £100,000 |
| 15 Dec 2025 |
12, MOWBRAY MEWS, TRESPARRETT PL32 9TF | Terraced | £170,000 | 10 Dec 2025 |
57, TRECLAGO VIEW PL32 9AD | Semi-detached | £32,500 | 4 Dec 2025 |
8, VALLEY TRUCKLE PL32 9RT | Terraced | £208,500 | 28 Nov 2025 |
18, FARRIERS GREEN, VALLEY TRUCKLE PL32 9QY | Terraced | £172,000 | 27 Nov 2025 |
DOWNALONG, MARSHGATE PL32 9YN | Detached | £450,000 | 5 Nov 2025 |
MELORNE FARM PL32 9TZ | Detached | £515,000 | 30 Oct 2025 |
SPARROWS, MARSHGATE PL32 9YN | Detached | £470,000 | 23 Oct 2025 |
TRENANCE PL32 9RF | Detached | £580,000 | 2 Oct 2025 |
2, TREGOODWELL PL32 9PU | Detached | £264,000 | 30 Sept 2025 |
BERRY HOUSE, HELSTONE PL32 9RL | Detached | £325,000 | 25 Sept 2025 |
GLEBE BUNGALOW, DAVIDSTOW PL32 9YD | Detached | £274,779 | 19 Sept 2025 |
GROUND FLOOR FLAT, CHAPEL COURT, CHAPEL STREET PL32 9PJ | Flat/Maisonette | £96,000 | 15 Sept 2025 |
ROUGH TOR VIEW HIGHERTOWN, ADVENT PL32 9QL | Other | £790,000 | 3 Sept 2025 |
The most recent recorded sale in PL32 was a detached property on Trefrew Road for £213,470 in January 2026. Across the last 20 sales, the median price was £213,470.