Property trends for TR5

    TR5 covers parts of mid-Cornwall, including areas around Perranporth and the surrounding villages in the county's central region. It is a mixed residential district with appeal to both families and those seeking a quieter coastal or countryside setting.

    At a Glance

    Average Property Price - TR5

    £500,513

    82

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - TR

    £1,004

    49

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - TR5

    £40,806

    62

    National percentile

    2023 census data

    Flat / Maisonette Yield - TR

    4.4%

    2

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - TR5

    4.7%

    89

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - TR

    3.8%

    45

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — TR5

    Top 5 streets in TR5 ranked by 3-year average sale price.

    #Street3Y Avg
    1Chapel Porth£1,365,000
    2Trevaunance Road£1,012,500
    3Psykes Meadow£970,000
    4Beacon Drive£950,000
    5Water Lane£942,500

    Latest Rent — TR5

    Property Price & Volume Trends

    The average property price in TR5 is £506,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 4.5% annually, a rate above the national average. Transaction activity last year was 64 sales, slightly below the 10-year average of 77 per annum.

    Rent & Yield Trends

    Average monthly rent in the broader TR area is £1,004, broadly in line with the national median. Rental growth over the past decade has been 3.9% per year, matching the national pace. The flat yield currently stands at 4.4%, a notable improvement from the 10-year average of 3.5%, reflecting the recent tightening of the rental market.

    Income & Affordability Trends

    Average household income is £40,806, modestly above the national median. The price-to-income ratio of 12.5x has deteriorated since 2016, when it stood at 10.7x, indicating that property has become less affordable relative to earnings. Rental affordability has improved: the rent-to-income ratio has eased to 27.8% from 29.3% in 2016.

    Resident Demographic Profile

    The population skews older and more affluent than the national average. Those aged 65 and over represent nearly a quarter of residents, well above the national figure of 19.6%, while young adults aged 16–24 are significantly under-represented at just 7.2%. Outright home ownership is notably high at 42.6% compared to 33.7% nationally, and social rented housing is below average at 10.2%. The employment profile is weighted towards professional and managerial roles, which together account for 40.5% of the workforce against a national combined figure of 33.9%.

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