Property trends for PL29

    PL29 covers the Bodmin Moor and surrounding rural areas in north-central Cornwall. It is a quiet, countryside-focused district with an older population profile and a strong orientation towards traditional trades and self-employment.

    At a Glance

    Average Property Price - PL29

    £475,808

    79

    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 - PL29

    £35,678

    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 - PL29

    3.2%

    53

    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 — PL29

    Top 5 streets in PL29 ranked by 3-year average sale price.

    #Street3Y Avg
    1Silvershell View£1,150,000
    2Trewetha Lane£1,080,000
    3Furze Park£500,000
    4The Terrace£480,000
    5Church Hill£468,333

    Latest Rent — PL29

    Property Price & Volume Trends

    Property in PL29 is among the most expensive nationally, with an average price of £564,000. Over the past decade, prices have grown at 4.6% per year—an above-average pace. Transaction activity has been subdued recently, with only 16 sales in the latest year against a 10-year average of 25 per year.

    Rent & Yield Trends

    Rents in the broader PL postcode area sit close to the national average at £982 per month, and 10-year rent growth of 3.8% has been in line with national trends. Yields have strengthened noticeably, rising to 5.7% in the latest year from a 10-year average of 4.7%, reflecting a favourable shift for buy-to-let investors.

    Income & Affordability Trends

    Average household income of £36,000 sits below the national middle ground. The price-to-income ratio of 15.8x has deteriorated significantly since 2016 (when it stood at 11.8x), making property less affordable to local buyers. Rental affordability has remained broadly stable, with rent currently consuming 27.6% of household income—virtually unchanged from 27.7% in 2016.

    Resident Demographic Profile

    The population is notably older, with 30.2% aged 65 and over against a national average of 19.6%, and just 7.5% aged 16–24 compared to 11.0% nationally. Housing is dominated by outright ownership at 45.5%—well above the national 33.7%—reflecting the older demographic. The employment base is heavily skewed towards trades (20.5%) and managers (19.3%), significantly above national averages, while professional roles at 13.8% are below the national 20.5%.

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