Key indicators for buyers
The TR3 market presents a mixed picture for buyers. Prices are rising at 13.1%, 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 £501,786 with a 25% deposit (£125k), a 2-year fixed mortgage at 3.97% costs around £1,980 per month.
Monthly cost comparison based on current data
Uses TR3 avg. price with Cornwall rental data
Monthly mortgage payments (£1,980) are £975 more than renting (£1,005). However, buying requires an upfront deposit of £125k — it would take around 49 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
BOSLOWEN, 5, OLD VICARAGE CLOSE, STITHIANS TR3 7DZ | Detached | £765,000 | 27 Jan 2026 |
TALL PINES, FEOCK TR3 6RA | Detached | £950,000 | 23 Jan 2026 |
LABURNUM COTTAGE, TARRANDEAN LANE, PERRANWELL STATION TR3 7NW | Detached | £480,000 | 16 Jan 2026 |
GLEN CLARUS, QUAY ROAD, DEVORAN TR3 6PW | Detached | £255,000 | 9 Jan 2026 |
100, GLENTHORNE ROAD, THREEMILESTONE TR3 6UA | Semi-detached | £215,000 | 8 Jan 2026 |
40, GLENTHORNE ROAD, THREEMILESTONE TR3 6TT | Terraced | £222,500 | 6 Jan 2026 |
36, HALVARRAS ROAD, PLAYING PLACE TR3 6HD |
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 TR3 sold for £501,786 in 2026, with a median of £480,000 across 7 transactions. Prices rose 13.1% compared to the previous year.
| Detached |
| £625,000 |
| 5 Jan 2026 |
WHITE OWL BARN, CARN, STITHIANS TR3 7AW | Other | £710,000 | 18 Dec 2025 |
REDUIRE, 3, WOON LANE, CARNON DOWNS TR3 6LR | Detached | £425,000 | 16 Dec 2025 |
11, VICTORIA ROAD, THREEMILESTONE TR3 6DJ | Semi-detached | £300,000 | 11 Dec 2025 |
28, HOLLY CLOSE, THREEMILESTONE TR3 6TX | Terraced | £143,750 | 11 Dec 2025 |
APARTMENT 3, THE WHARFSIDE LOFTS, PERRAN FOUNDRY, PERRANARWORTHAL TR3 7JR | Flat/Maisonette | £200,000 | 9 Dec 2025 |
24, THE FORGE, CARNON DOWNS TR3 6JP | Detached | £440,000 | 8 Dec 2025 |
2B, PENGELLY WAY, THREEMILESTONE TR3 6DP | Flat/Maisonette | £141,500 | 8 Dec 2025 |
10, JUBILEE ROAD, THREEMILESTONE TR3 6BS | Semi-detached | £250,000 | 5 Dec 2025 |
9, FORTH NOWETH, CARNON DOWNS TR3 6LU | Detached | £340,000 | 5 Dec 2025 |
1, THE OAKS, SCHOOL HILL, PERRANWELL STATION TR3 7JY | Detached | £500,000 | 3 Dec 2025 |
CARNSIDE, TRELAWNEY ROAD, PONSANOOTH TR3 7EN | Detached | £385,000 | 3 Dec 2025 |
1, CHURCH TERRACE, DEVORAN TR3 6PU | Terraced | £475,000 | 2 Dec 2025 |
1, EDWARDS ROAD, DEVORAN TR3 6PP | Detached | £530,000 | 28 Nov 2025 |
The most recent recorded sale in TR3 was a detached property on Old Vicarage Close for £765,000 in January 2026. Across the last 20 sales, the median price was £425,000.