Property trends for PL30

    PL30 covers the Bodmin area and surrounding settlements in mid-Cornwall, positioned inland from the north coast. The district has a rural character with a mixed economy traditionally rooted in agriculture and increasingly shaped by tourism and small business.

    At a Glance

    Average Property Price - PL30

    £392,053

    66

    National percentile

    Average Monthly Rent - PL

    £982

    47

    National percentile

    Average Net Household Income - PL30

    £35,672

    36

    National percentile

    Flat / Maisonette Yield - PL

    5.7%

    60

    National percentile

    10-Year Annualised Price Growth - PL30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    Property Price & Volume Trends

    The average property price of £392,000 sits above the national midpoint, placing it among the more expensive areas nationally. However, price growth over the past decade has been slow, with annualised growth of 3.1% — well below the national average. Transaction activity has slowed noticeably; the latest year saw 96 sales against a 10-year average of 139, reflecting a weaker market tempo.

    Rent & Yield Trends

    Average monthly rent of £982 is close to the national average, indicating middling rental demand. Rent growth over ten years has been similarly moderate at 3.8%, in line with the broader national trend. The flat yield of 5.7% is notably higher than the 10-year average of 4.7%, suggesting improved rental returns in the latest year as rents have held up relative to property values.

    Income & Affordability Trends

    Average household income at £35,672 is below the national average, placing the area in the lower third nationally. The price-to-income ratio of 11.7x has worsened since 2016 (when it stood at 10.5x), indicating that properties have become less affordable relative to local earnings. By contrast, rental affordability has remained essentially flat, with rent-to-income at 27.6% compared to 27.7% in 2016.

    Resident Demographic Profile

    The population is notably older and skews towards retirees: those aged 65 and over account for 28% against a national average of 20%, while those aged 16–24 are significantly underrepresented at 8% versus 11% nationally. Outright home ownership is strong at 48%, well above the national average of 34%, reflecting the older demographic profile. The employment mix is distinctive for a notably higher share in trades (19% versus 11% nationally) and lower representation in professional roles (14% versus 21%), consistent with a rural, heritage economy.

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