Key indicators for buyers
The TR8 market presents a mixed picture for buyers. Prices are rising at 21.9%, 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 £470,000 with a 25% deposit (£118k), a 2-year fixed mortgage at 3.97% costs around £1,855 per month.
Monthly cost comparison based on current data
Uses TR8 avg. price with Cornwall rental data
Monthly mortgage payments (£1,855) are £850 more than renting (£1,005). However, buying requires an upfront deposit of £118k — it would take around 37 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
18, METHA ROAD, ST NEWLYN EAST TR8 5LP | Semi-detached | £425,000 | 23 Jan 2026 |
1, KEW AN LERGH, NANSLEDAN TR8 4UZ | Semi-detached | £320,000 | 23 Jan 2026 |
9, STRET GORYAN, NANSLEDAN TR8 4GN | Terraced | £267,500 | 20 Jan 2026 |
1A, THE GLEBE, CUBERT TR8 5HA | Flat/Maisonette | £227,500 | 14 Jan 2026 |
BRYN Y MOR, TRENANCE TR8 4BZ | Detached | £850,000 | 6 Jan 2026 |
GWEL TEG, BEJOWAN BARNS, QUINTRELL DOWNS TR8 4PA | Detached | £730,000 | 5 Jan 2026 |
SUMMERCOURT M O T & REPAIR CENTRE, NARROW LANE, SUMMERCOURT TR8 5EE |
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 TR8 sold for £470,000 in 2026, with a median of £372,500 across 6 transactions. Prices rose 21.9% compared to the previous year.
| Other |
| £175,000 |
| 31 Dec 2025 |
SOUVENIR, HIGHER TRENCREEK TR8 4NN | Detached | £725,000 | 22 Dec 2025 |
10, GWARAK ESELS, NANSLEDAN TR8 4SD | Detached | £485,000 | 19 Dec 2025 |
37, JUBILEE CLOSE, CUBERT TR8 5SL | Semi-detached | £262,500 | 19 Dec 2025 |
44, STRET GALAHAD, NANSLEDAN TR8 4TN | Semi-detached | £400,000 | 18 Dec 2025 |
2, HOWIES COURT, TREVENNA CROSS, ST MAWGAN TR8 4HB | Detached | £80,000 | 17 Dec 2025 |
ROSE COTTAGE, TRESEAN TR8 5HN | Detached | £665,000 | 16 Dec 2025 |
CARGOLL VEAN, CARGOLL ROAD, ST NEWLYN EAST TR8 5LB | Detached | £550,000 | 16 Dec 2025 |
41, FIGGY ROAD, QUINTRELL DOWNS TR8 4WB | Semi-detached | £287,000 | 15 Dec 2025 |
5, BOWNDER KOLOM, NANSLEDAN TR8 4RU | Detached | £450,000 | 15 Dec 2025 |
16, CHURCHTOWN, ST NEWLYN EAST TR8 5LJ | Semi-detached | £575,000 | 12 Dec 2025 |
22, QUINTRELL GARDENS, QUINTRELL DOWNS TR8 4LH | Terraced | £235,000 | 12 Dec 2025 |
PLEASANT STREAMS, TREGURRIAN TR8 4AD | Detached | £750,000 | 12 Dec 2025 |
4, NEEHAM ROAD, ST NEWLYN EAST TR8 5LE | Detached | £514,500 | 12 Dec 2025 |
The most recent recorded sale in TR8 was a semi-detached property on Metha Road for £425,000 in January 2026. Across the last 20 sales, the median price was £450,000.