Property trends for PL26

    PL26 covers parts of mid-Cornwall, including areas around Bodmin and the surrounding rural parishes. It is a quieter, established residential district with a notably mature demographic profile.

    At a Glance

    Average Property Price - PL26

    £311,159

    45

    National percentile

    Average Monthly Rent - PL

    £982

    47

    National percentile

    Average Net Household Income - PL26

    £35,149

    32

    National percentile

    Flat / Maisonette Yield - PL

    5.7%

    60

    National percentile

    10-Year Annualised Price Growth - PL26

    4.4%

    78

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    Property Price & Volume Trends

    The average property price of £311,000 sits close to the national middle ground. Over the past decade, prices have grown at 4.4% annually—a pace well above the national average, reflecting sustained demand despite the area's rural character. Transaction volumes have softened recently, with 302 sales in the latest year compared to a 10-year average of 416, suggesting a cooling in market activity.

    Rent & Yield Trends

    Monthly rents of £982 are in line with the national average. Rental growth over the past decade has been steady at 3.8% per year, slightly below the national pace. The flat yield currently stands at 5.7%, a notable uplift from its 10-year average of 4.7%, indicating improved returns for landlords as rents have strengthened relative to purchase prices.

    Income & Affordability Trends

    Average household income of £35,149 is below the national average, placing the area among lower-earning districts. The price-to-income ratio has risen to 8.9x from 7.5x in 2016, signalling that properties have become notably less affordable relative to local earnings over this period. Rental affordability has remained virtually stable, with rent-to-income at 27.6% compared to 27.7% in 2016.

    Resident Demographic Profile

    The population is significantly older than the national average, with over a quarter aged 65 and above (compared to 20% nationally) and only 8.2% aged 16–24 (well below the 11% national average). Housing tenure is marked by strong outright ownership at 44.9%—substantially higher than the 33.7% national average. The employment mix is heavily skewed towards trades at 17.4% (against 10.5% nationally) and caring professions at 11%, while professional occupations are considerably underrepresented at 12.9% versus 20.5% nationally.

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