House Prices in Cornwall – Cheapest places to buy a house in Cornwall MAPPED

It never comes as a surprise to anyone in Cornwall when they are told that places like Feock, Padstow, Rock or St Ives are among the most expensive places to buy a home and get on the property ladder. But what about places where it’s more accessible?

According to CornwallLive’s analysis of the latest price paid data from the Land Registry, Camborne takes the crown as the cheapest place in the county to buy a home. The statistics show that homes in the TR14 postcode area – which covers Camborne – sold for an average of £237,026 in the 12 months to the end of April.

This is the lowest average sale price of any postcode area in Cornwall. Postcode area PL31 – which covers Bodmin and Dunmere – was next with an average sale price of £242,349.

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It is followed by TR15 (Redruth) with an average of £243,004 and PL14 (Liskeard, Dobwalls, Doublebois, Minions, St Cleer, St Ive and St Neot) with an average of £241,248 and PE2 (Alwalton, Fletton, The Ortons). , Stanground and Woodston) averaging £261,955.

The Office for National Statistics now puts average house prices in Cornwall at £301,000 from January 2024, down 2.8% on January 2023. Meanwhile, the average price paid by first-time buyers was £247,000 of pounds in January, which is 2.8% lower than the average of pounds 254,000 a year ago.

Falling home prices, the increased time it takes to sell a home, sellers offering more and more price cuts all point to the fact that the Covid market madness may be over and the housing bubble has burst.

However, there are still some really expensive areas, particularly along the coast, where houses can sell for millions of pounds. While the Camborne area may be the cheapest in the county, at the other end of the scale is the PL23 postcode area.

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Homes there – covering Fowey, Bodinnick, Golant and Polruan – sold for an average of £629,987 each in the year to the end of April. PL28 – Padstow, Crugmeer, Porthcothan, St Merryn, Trevone and Treyarnon – follows with an average of £608,186.

It is followed by PL27 (Wadebridge, Little Petherick, Polzeath, Rock, St Eval, St Minver and Trebetherick) with an average of £511,873, PL29 (Port Isaac, Port Gaverne, Port Quin, St Endellion, Trelights) with an average of £ 509,792 and TR26 (Saint Ives) averaging £503,261.

You can look up the average house price in your zip code area using our interactive map:

Nationally, Middlesbrough is proving to be the cheapest place to buy a house in England and Wales. Houses in the TS1 postcode area, which covers the city centre, sold for an average of £69,157 each in the 12 months to the end of April.

That’s fewer than any zip code area in the country with at least 50 sales in the past year. Grimsby is the next cheapest place in the country to buy a house. Homes sold for an average of £77,951 each in the DN31 postcode area.

In SR1 – Sunderland city center – the average house sold for £79,908. However, there were only 19 sales in the area. In TS3 – Brambles Farm – the average house sold for £86,190, in BD1 – Bradford city center – they sold for an average of £87,653 and in HU2 – Hull – they sold for an average of £87,955 .

Belgravia in London has the highest average sales price of any postcode area in England and Wales that has had at least 50 sales in the last 12 months. Homes sold for an average of £4.26 million in the SW1X postcode area.

Four other postcode areas had higher averages but all had fewer than 50 sales – W1J (Mayfair) at £6.12m, SW1A (Whitehall) at £5.84m, W1S (Market Hanover) at £5.66m and W1K (Mayfair) at £5.378m.