Key indicators for buyers
The TR11 market is moderately favourable for buyers. Prices have softened (-26.5%), 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 £311,458 with a 25% deposit (£78k), a 2-year fixed mortgage at 3.97% costs around £1,229 per month.
Monthly cost comparison based on current data
Uses TR11 avg. price with Cornwall rental data
Monthly mortgage payments (£1,229) are £224 more than renting (£1,005). However, buying requires an upfront deposit of £78k — it would take around 13 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, FORE STREET, CONSTANTINE TR11 5AB | Terraced | £370,000 | 26 Jan 2026 |
4, THE PIER APARTMENTS, PRINCE OF WALES PIER TR11 3DF | Flat/Maisonette | £225,000 | 23 Jan 2026 |
14, THE GLUYAS TR11 4SE | Detached | £520,000 | 16 Jan 2026 |
71, NORTH PARADE TR11 2TE | Detached | £259,000 | 15 Jan 2026 |
5, OSBORNE VILLAS, PORT PENDENNIS TR11 3YA | Flat/Maisonette | £482,500 | 15 Jan 2026 |
31, VERNON PLACE TR11 3BE | Terraced | £265,000 | 12 Jan 2026 |
APARTMENT 3, ARVOR, WEST BAY MAENPORTH ROAD, MAENPORTH TR11 5HP |
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 TR11 sold for £311,458 in 2026, with a median of £262,000 across 12 transactions. Prices fell 26.5% compared to the previous year.
| Flat/Maisonette |
| £180,000 |
| 9 Jan 2026 |
FLAT 3, 39, GYLLYNG STREET TR11 3EL | Flat/Maisonette | £310,000 | 9 Jan 2026 |
4, PENMERE COURT TR11 2RN | Flat/Maisonette | £227,500 | 9 Jan 2026 |
FLAT 1, 101A, KILLIGREW STREET TR11 3PU | Flat/Maisonette | £181,000 | 9 Jan 2026 |
44, PENDARVES ROAD TR11 2TP | Semi-detached | £235,000 | 5 Jan 2026 |
6, BOSCUNDLE AVENUE TR11 5BX | Detached | £482,500 | 5 Jan 2026 |
3, CUCKOO MILLS TR11 4HZ | Detached | £755,000 | 19 Dec 2025 |
5, LANGTON TERRACE TR11 2NA | Terraced | £135,000 | 19 Dec 2025 |
18, HARBOUR TERRACE TR11 2AN | Terraced | £785,000 | 19 Dec 2025 |
17B, HIGH STREET TR11 2AB | Flat/Maisonette | £180,000 | 19 Dec 2025 |
5, LANGTON TERRACE TR11 2NA | Terraced | £135,000 | 19 Dec 2025 |
THE OLD BAKERY, MINNIE PLACE TR11 3NN | Other | £650,000 | 19 Dec 2025 |
48, ARWENACK STREET TR11 3JH | Other | £900,000 | 19 Dec 2025 |
9, MARLBOROUGH AVENUE TR11 2RW | Detached | £275,000 | 18 Dec 2025 |
The most recent recorded sale in TR11 was a terraced property on Fore Street for £370,000 in January 2026. Across the last 20 sales, the median price was £275,000.