Property trends for PL25

    PL25 covers parts of mid-Cornwall, including areas around Bodmin and surrounding villages. The district is characterised by a mix of rural settlements and small market towns, appealing to those seeking a quieter lifestyle outside major urban centres.

    At a Glance

    Average Property Price - PL25

    £282,400

    37

    National percentile

    Average Monthly Rent - PL

    £982

    47

    National percentile

    Average Net Household Income - PL25

    £34,631

    29

    National percentile

    Flat / Maisonette Yield - PL

    5.7%

    60

    National percentile

    10-Year Annualised Price Growth - PL25

    4.3%

    74

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    Property Price & Volume Trends

    The latest average property price in PL25 is £282,400, positioning it below the national average. Over the past decade, prices have grown at 4.3% annually — a pace notably faster than the national trend, placing the area among stronger-performing markets. However, transaction activity has softened: 339 sales were recorded in the latest full year, down from a 10-year average of 472 per year.

    Rent & Yield Trends

    Average monthly rent in the broader PL postcode area stands at £982, close to the national middle ground. Rental growth over the past decade has averaged 3.8% annually, in line with national trends. The flat yield has improved meaningfully, rising to 5.7% in the latest year from a 10-year average of 4.7%, reflecting favourable conditions for buy-to-let investors.

    Income & Affordability Trends

    Average net household income in PL25 is £34,631, below the national average. The price-to-income ratio currently stands at 8.4x, worsened from 7.0x in 2016, signalling that property has become less affordable relative to local earnings. By contrast, rental affordability has remained virtually stable, with rent-to-income ratios unchanged at around 27.6% over the same period.

    Resident Demographic Profile

    The population skews notably older, with nearly a quarter aged 65 and over — well above the national average of 19.6% — and a below-average share of those aged 16–24. Home ownership is relatively high: 40.4% own outright, substantially above the national norm. The employment base shows a above-average concentration in trades and caring roles, reflecting both rural character and an ageing demographic in need of support services.

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