Property trends for PL27

    PL27 covers the northern coastal areas of Cornwall, positioned on the north Devon and Cornwall border. It is characterised by rural villages, coastal settlements, and a quieter, more established residential base.

    At a Glance

    Average Property Price - PL27

    £443,408

    75

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - PL

    £992

    47

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - PL27

    £35,813

    36

    National percentile

    2023 census data

    Flat / Maisonette Yield - PL

    6.0%

    53

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - PL27

    1.7%

    14

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - PL

    3.8%

    42

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — PL27

    Top 5 streets in PL27 ranked by 3-year average sale price.

    #Street3Y Avg
    1Daymer Lane£2,250,000
    2Forlaze Road£2,000,000
    3Tewedh Place£1,600,000
    4Dunder Hill£1,462,500
    5Trewint Lane£1,395,000

    Latest Rent — PL27

    Property Price & Volume Trends

    The latest average property price in PL27 is £442,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown by 1.9% annually—significantly below the national average and among the slowest-performing areas. Transaction volumes have eased in the latest year, with 193 sales compared to a 10-year average of 262, reflecting a softer market.

    Rent & Yield Trends

    Average monthly rent in the PL postcode area stands at £982, close to the national midpoint. Rental growth over a decade has averaged 3.8% per year—in line with national trends. The flat yield has strengthened to 5.7%, up from a 10-year average of 4.7%, suggesting improved returns for landlords despite the broader property market slowdown.

    Income & Affordability Trends

    Average household income is £35,813, below the national average. The price-to-income ratio of 15.2x indicates stretched affordability and has worsened materially since 2016 (12.1x), reflecting price rises outpacing local income growth. Rental affordability has remained stable, with rent-to-income at 27.6%, virtually unchanged from 2016.

    Resident Demographic Profile

    The population is notably older, with 28.8% aged 65 and over against a national average of 19.6%; conversely, only 7.7% are aged 16–24, well below the 11% national figure. Outright home ownership is strong at 43.9%, significantly higher than the 33.7% national average. The employment mix skews towards trades (18.1%) and managers (16.1%), with a smaller professional cohort (14.3%) than the national average of 20.5%.

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