Key indicators for buyers
The TR5 market presents a mixed picture for buyers. Prices are rising at 26.1%, 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 £625,000 with a 25% deposit (£156k), a 2-year fixed mortgage at 3.97% costs around £2,466 per month.
Monthly cost comparison based on current data
Uses TR5 avg. price with Cornwall rental data
Monthly mortgage payments (£2,466) are £1,461 more than renting (£1,005). However, buying requires an upfront deposit of £156k — it would take around 700 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
THE GRANARY, BARKLA FARM, BARKLA SHOP TR5 0XN | Other | £525,000 | 16 Jan 2026 |
TOWN MEADOW, MIDDLEGATES TR5 0UH | Detached | £725,000 | 6 Jan 2026 |
1, CASTLE MEADOWS TR5 0UB | Semi-detached | £450,000 | 15 Dec 2025 |
7, COUNTHOUSE MEWS, WHEAL KITTY TR5 0AS | Semi-detached | £450,000 | 12 Dec 2025 |
14, MIDDLEGATES TR5 0UH | Detached | £490,000 | 8 Dec 2025 |
15, KEW BREANEK TR5 0AH | Semi-detached | £130,000 | 28 Nov 2025 |
17, LAMBOURNE AVENUE, WHEAL KITTY TR5 0SD | 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 TR5 sold for £625,000 in 2026, with a median of £625,000 across 2 transactions. Prices rose 26.1% compared to the previous year.
| £418,000 |
| 28 Nov 2025 |
16, MIDDLEGATES TR5 0UH | Detached | £477,500 | 14 Nov 2025 |
HIDEAWAY, TREVAUNANCE CLOSE TR5 0SW | Detached | £400,000 | 22 Oct 2025 |
BOWER COTTAGE, 22, GOONOWN LANE, GOONOWN TR5 0UX | Detached | £790,000 | 3 Oct 2025 |
GOONLAZE, QUAY ROAD TR5 0RR | Detached | £1,200,000 | 3 Oct 2025 |
23, PARK KRES TR5 0AL | Detached | £585,000 | 30 Sept 2025 |
1, WHITWORTH CLOSE TR5 0UW | Detached | £290,000 | 30 Sept 2025 |
57, TREGEASE ROAD TR5 0SL | Detached | £405,000 | 22 Sept 2025 |
12, GOONOWN TR5 0UT | Semi-detached | £500,000 | 18 Sept 2025 |
45, ROSEMUNDY TR5 0UF | Terraced | £355,000 | 10 Sept 2025 |
9, PARK MATILDA TR5 0AQ | Detached | £725,000 | 8 Sept 2025 |
6, BRITISH ROAD TR5 0TX | Terraced | £280,000 | 5 Sept 2025 |
HEATHERBERN, BEACON ROAD TR5 0NF | Semi-detached | £648,000 | 29 Aug 2025 |
FAIRLIGHT, BAWDEN MANOR FARM, WEST POLBERRO TR5 0ST | Other | £1,486,000 | 29 Aug 2025 |
The most recent recorded sale in TR5 was a other property for £525,000 in January 2026. Across the last 20 sales, the median price was £490,000.