Property trends for PL6

    PL6 covers Saltash and surrounding neighbourhoods in south-east Cornwall, just across the Tamar from Devon. It is a mixed residential area with a blend of commuter appeal and established community character.

    At a Glance

    Average Property Price - PL6

    £267,577

    33

    National percentile

    Average Monthly Rent - PL

    £982

    47

    National percentile

    Average Net Household Income - PL6

    £38,208

    50

    National percentile

    Flat / Maisonette Yield - PL

    5.7%

    60

    National percentile

    10-Year Annualised Price Growth - PL6

    3.1%

    33

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    Property Price & Volume Trends

    The average property price in PL6 is £268,000, which sits below the national average—among the cheaper quarters of the UK market. Over the past decade, prices have grown at 3.1% annually, slightly below the national pace of growth. Transaction activity last year was 566 sales, down from a 10-year average of 620, suggesting a modest softening in activity.

    Rent & Yield Trends

    Average monthly rent in the broader PL postcode is £982, around the midpoint nationally. Rental growth over the past decade has been 3.8% per year, broadly in line with the national trend. The flat yield currently stands at 5.7%, a marked improvement from the 10-year average of 4.7%, reflecting a shift in favour of rental investors.

    Income & Affordability Trends

    Average household income in PL6 is £38,208, broadly at the national median. The price-to-income ratio of 7.0x means property remains relatively affordable, though this has tightened slightly from 6.8x in 2016. Rental affordability has remained stable, with rent-to-income at 27.6%, virtually unchanged from 2016's 27.7%.

    Resident Demographic Profile

    The population skews slightly older than average, with 22.2% aged 65 or over, compared to a national average of 19.6%. Young adults aged 16–24 are notably underrepresented at 9.5%, well below the national 11%. The area shows higher reliance on social rented housing at 19.8% against the national 16.5%, and features a notably stronger presence of caring roles (11.6% versus 9.2% nationally), alongside above-average representation in trades and technical employment.

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