Property trends for PL13

    PL13 covers parts of southeast Cornwall, inland from the coast and south of Liskeard. The area has a rural, established character with a strong older-age demographic and a significant trade and skilled workforce.

    At a Glance

    Average Property Price - PL13

    £313,369

    46

    National percentile

    Average Monthly Rent - PL

    £982

    47

    National percentile

    Average Net Household Income - PL13

    £33,191

    20

    National percentile

    Flat / Maisonette Yield - PL

    5.7%

    60

    National percentile

    10-Year Annualised Price Growth - PL13

    2.8%

    22

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    Property Price & Volume Trends

    The latest average property price in PL13 is £313,000, close to the national median. Over the past decade, prices have grown at 2.8% annually—well below the national average, reflecting slower appreciation than most UK markets. Transaction volumes have declined: 151 sales in the latest year compared with a 10-year average of 208, suggesting a tightening market.

    Rent & Yield Trends

    Average monthly rent across the broader PL area stands at £982, close to the national midpoint. Rental growth over ten years has been 3.8% annually, slightly below the national pace. Flat yields have risen to 5.7%, up meaningfully from a 10-year average of 4.7%, indicating improved returns for landlords in recent years.

    Income & Affordability Trends

    Average household income of £33,191 is well below the national average, placing the area among the less affluent regions. The price-to-income ratio of 10.3x has worsened since 2016 (when it stood at 8.9x), signalling that property has become less affordable relative to local earnings. Rental affordability has remained essentially stable, with rent-to-income at 27.6% compared to 27.7% in 2016.

    Resident Demographic Profile

    The population is notably aged: over one third are 65 or over (compared with a national average of 19.6%), while those under 25 are significantly underrepresented at just 18.8% of the total. Housing is dominated by outright ownership at 50.3%, more than 16 percentage points above the national average. The employment mix is strongly weighted towards trades (17.9%) and managers (14.9%), with professionals well below the national average at 13.6%.

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