Cornwall

Area Guide For Cornwall

Cornwall Cornish: Kernow Latin: (Cornubia or Cornuvia) is a unitary authority and ceremonial county of England, within the United Kingdom. It is bordered to the north and west by the Celtic Sea, to the south by the English Channel, and to the east by the county of Devon, over the River Tamar. Cornwall has a population of 537,400 and covers an area of 3,563 km (1,376 sq mi). The administrative centre and only city is Truro. The area now known as Cornwall was first inhabited in the Palaeolithic and Mesolithic periods. It continued to be occupied by Neolithic and then Bronze Age peoples, and later (in the Iron Age) by Brythons with distinctive cultural relations to neighbouring Wales and Brittany. There is little evidence that Roman rule was effective west of Exeter and few Roman remains have been found. Cornwall was a division of the Dumnonii tribe whose tribal centre was in the modern county of Devon known as the Cornovii, separated from Wales after the Battle of Deorham, often coming into conflict with the expanding English kingdom of Wessex before King Athelstan in AD 936 set the boundary between English and Cornish at the Tamar. From the

 
 

Cornwall Map

Estimated Price: £247,035
Average Asking Price: £302,159
Price change in last one year: £18,888
Average Price Paid: £220,883
Average Rent Rates: £772

 
 

Property Prices Breakdown in Cornwall

Average Price for property in Cornwall is around £247,035 which varies based on type of property you are interested in and ranges from £330,491 for detached house to around £205,688 for semi-detached. Similarly terraced house is around £184,874 and a flat is worth £173,502. Values have been changing and have risen £3,699 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,487 in last 6 months, £18,888 in last 1 year, £26,938 in last 2 years, £29,859 in last 3 years, £24,879 in last 4 years and £26,342 in last 5 years.

Currently average asking price of a property in Cornwall is around £302,159 based on approximately 7,778 properties for sale. Same is the case with rental options based on 1,273 properties up for rent, average asking rent is around £772 per month.

Estimated property value in Cornwall is £247,035. Average asking price is £302,159 while average price paid is £222,750 which is up by £18,888 and Avg. asking rent £772.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cornwall area. In last 1 year alone average price buyer paid is around £222,750 based on approximately 7,778 sales in Cornwall area alone. If you compare it to last 3 years sales of 23,092 properties where buyers paid around £220,883. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £220,883 for 37,316 and average amount paid for purchase of approx. 49,723 properties sold in last 7 years comes to about £220,750 per sale.

 
 

Properties For Sale in Cornwall

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £138,098, £171,180 for a 2 bedroom house, £255,452 for a 3 bedroom house, £401,249 for a 4 bedroom house and £557,972 for a 5 bedroom house. For a flat similarly the prices varies from £120,492 for a single bedroom to £183,328 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £265,578, £367,136 for a 4 bedroom flat and £411,600 for a 5 bedroom flat. To sum up the asking prices for properties in Cornwall it comes to around average £126,420 for 1 bedroom property, £174,533 for 2 bedroom, £255,868 for 3 bedroom, £401,087 for 4 bedroom and £556,559 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £500 for 1 bedroom to £642 for 2 bedrooms, £777 for 3 bedrooms, £1,061 for 4 bedrooms and £1,475 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £497. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £628, £853 for 3 bedroom, £1,366 for 4 bedroom and around £1,872 for 5 bedroom flat. You should be generally be expecting around average £498 rent per month for single bedroom property, £635 for 2 bedroom, £786 for 3 bedroom, £1,076 for 4 bedroom and approximately £1,485 for a 5 bedroom property in Cornwall area.

Popular Houses in Cornwall

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Cornwall

Areas in and around Cornwall