Key indicators for buyers
The TR2 market is moderately favourable for buyers. Prices have softened (-24.2%), 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 £377,908 with a 25% deposit (£94k), a 2-year fixed mortgage at 3.97% costs around £1,491 per month.
Monthly cost comparison based on current data
Uses TR2 avg. price with Cornwall rental data
Monthly mortgage payments (£1,491) are £486 more than renting (£1,005). However, buying requires an upfront deposit of £94k — it would take around 19 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
16, BOSNOWETH, PROBUS TR2 4HE | Detached | £430,000 | 22 Jan 2026 |
90, CARNE VIEW ROAD, PROBUS TR2 4TR | Terraced | £305,000 | 22 Jan 2026 |
7, OLD TANNERY LANE, GRAMPOUND TR2 4PZ | Detached | £460,000 | 21 Jan 2026 |
30, GWEL AN NANS, PROBUS TR2 4ND | Detached | £450,000 | 16 Jan 2026 |
48, CHURCH VIEW ROAD, PROBUS TR2 4JH | Semi-detached | £299,950 | 15 Jan 2026 |
15, CREEKSIDE VIEW, TRESILLIAN TR2 4BS | Detached | £322,500 | 15 Jan 2026 |
3, HEADLAND TERRACE, GRAMPOUND ROAD TR2 4DN | Terraced |
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 TR2 sold for £377,908 in 2026, with a median of £376,250 across 6 transactions. Prices fell 24.2% compared to the previous year.
| £220,000 |
| 19 Dec 2025 |
UNIT 4, THE SQUARE, GRAMPOUND ROAD TR2 4DS | Other | £305,000 | 19 Dec 2025 |
17, CHURCH VIEW ROAD, PROBUS TR2 4JH | Semi-detached | £280,000 | 18 Dec 2025 |
11, GWEL AN NANS, PROBUS TR2 4ND | Semi-detached | £355,000 | 12 Dec 2025 |
11, ROSVA WENTON, PROBUS TR2 4FP | Semi-detached | £217,000 | 12 Dec 2025 |
4, LOWER CASTLE ROAD, ST MAWES TR2 5DR | Terraced | £685,000 | 12 Dec 2025 |
27A, ROSPARC, PROBUS TR2 4TJ | Terraced | £166,000 | 11 Dec 2025 |
19, LORDS MEADOW, TREGONY TR2 5RZ | Detached | £385,000 | 5 Dec 2025 |
10, THE SQUARE, GRAMPOUND ROAD TR2 4DT | Terraced | £225,000 | 5 Dec 2025 |
9, WINDMILL HILL, GRAMPOUND ROAD TR2 4TW | Terraced | £81,000 | 2 Dec 2025 |
TAMARISK, FORE STREET, PROBUS TR2 4PE | Terraced | £277,500 | 28 Nov 2025 |
1, KEW GYNNYAV, PROBUS TR2 4FL | Terraced | £350,000 | 28 Nov 2025 |
6, KEW GYNNYAV, PROBUS TR2 4FL | Terraced | £178,500 | 28 Nov 2025 |
TREGANTLE, TREGONY TR2 5TD | Detached | £385,000 | 25 Nov 2025 |
The most recent recorded sale in TR2 was a detached property on Bosnoweth for £430,000 in January 2026. Across the last 20 sales, the median price was £305,000.