Key indicators for buyers
The TR4 market presents a mixed picture for buyers. Prices are rising at 4.7%, 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 £395,000 with a 25% deposit (£99k), a 2-year fixed mortgage at 3.97% costs around £1,559 per month.
Monthly cost comparison based on current data
Uses TR4 avg. price with Cornwall rental data
Monthly mortgage payments (£1,559) are £554 more than renting (£1,005). However, buying requires an upfront deposit of £99k — it would take around 22 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
HENDRA HOUSE, ROSE TR4 9PL | Detached | £530,000 | 26 Jan 2026 |
9, GREAT CLOSE ROAD, ST ERME TR4 9FS | Semi-detached | £345,000 | 23 Jan 2026 |
16, HENLEY DRIVE, MOUNT HAWKE TR4 8DS | Detached | £310,000 | 6 Jan 2026 |
10, FORE STREET, CHACEWATER TR4 8LN | Terraced | £146,000 | 19 Dec 2025 |
25, TREVELLA VEAN, ST ERME TR4 9BS | Terraced | £185,000 | 19 Dec 2025 |
17, POLISKEN WAY, ST ERME TR4 9RL | Terraced | £210,000 | 19 Dec 2025 |
49, CARVINACK MEADOWS, SHORTLANESEND TR4 9FJ | 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 TR4 sold for £395,000 in 2026, with a median of £345,000 across 3 transactions. Prices rose 4.7% compared to the previous year.
| £290,000 |
| 18 Dec 2025 |
BLUEBELL COTTAGE, ROSE TR4 9PQ | Semi-detached | £400,000 | 17 Dec 2025 |
LITTLE CARNKIEF FARM, PERRANWELL TR4 9NX | Other | £930,000 | 17 Dec 2025 |
ASH COT, FERNSPLATT, CHACEWATER TR4 8RJ | Detached | £637,500 | 16 Dec 2025 |
11, GOVER CLOSE, MOUNT HAWKE TR4 8DB | Terraced | £200,500 | 12 Dec 2025 |
STONEWAYS, PERRANWELL TR4 9PE | Semi-detached | £338,000 | 11 Dec 2025 |
6, CARVINACK MEADOWS, SHORTLANESEND TR4 9FJ | Semi-detached | £247,500 | 10 Dec 2025 |
22, KENWYN HEIGHTS, SHORTLANESEND TR4 9FQ | Detached | £495,000 | 9 Dec 2025 |
VALLEY VIEW, CARNEBO HILL, GOONHAVERN TR4 9QH | Detached | £660,000 | 8 Dec 2025 |
7, TREKYE COVE, PORTHTOWAN TR4 8UL | Terraced | £330,000 | 8 Dec 2025 |
9, WHITE HOUSE COURT COTTAGES, PERRANZABULOE TR4 9LQ | Terraced | £157,500 | 8 Dec 2025 |
23, GOVER CLOSE, MOUNT HAWKE TR4 8DB | Terraced | £190,000 | 5 Dec 2025 |
TREHU, PULLA CROSS TR4 8SB | Detached | £900,000 | 5 Dec 2025 |
4, NORTH HILL, BLACKWATER TR4 8ES | Semi-detached | £420,000 | 28 Nov 2025 |
The most recent recorded sale in TR4 was a detached property for £530,000 in January 2026. Across the last 20 sales, the median price was £338,000.