Imofolio

Cornwall · report

Past price cycles in Cornwall

Sale prices have fallen by 3% or more 3 times since 1995. The deepest began in November 2007.

Deepest fall
−17.1%
Recovery from the low
101 months

Prices in Cornwall and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Cornwall
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodCornwallUnited Kingdom
Aug 2026601.1534.7
Jul 2026600.8532.9
Jun 2026605.1530.1
May 2026607.8533.1
Apr 2026609.2530.6
Mar 2026607.1526.0
Feb 2026602.4527.6
Jan 2026604.4526.4
Dec 2025604.7524.8
Nov 2025608.6529.6
Oct 2025615.6528.4
Sep 2025617.7527.8
Aug 2025619.3529.8
Jul 2025608.0526.5
Jun 2025586.7522.4
May 2025589.0517.1
Apr 2025592.5509.5
Mar 2025617.8524.8
Feb 2025616.7518.5
Jan 2025618.7518.8
Dec 2024622.6517.0
Nov 2024625.4518.0
Oct 2024623.2519.4
Sep 2024616.2518.4
Aug 2024613.6519.1
Jul 2024619.0514.0
Jun 2024618.2508.3
May 2024619.8506.3
Apr 2024618.4502.2
Mar 2024626.7499.5
Feb 2024623.1498.6
Jan 2024627.5501.2
Dec 2023627.7501.6
Nov 2023640.1505.9
Oct 2023646.7509.4
Sep 2023646.8511.7
Aug 2023644.7514.2
Jul 2023637.5511.4
Jun 2023634.0505.8
May 2023637.9503.9
Apr 2023643.5502.2
Mar 2023646.5501.1
Feb 2023644.4506.8
Jan 2023653.1511.0
Dec 2022662.9515.4
Nov 2022670.0519.5
Oct 2022663.9520.3
Sep 2022656.3520.3
Aug 2022644.8519.2
Jul 2022636.9514.8
Jun 2022633.0505.4
May 2022628.6499.4
Apr 2022621.0493.8
Mar 2022615.3488.0
Feb 2022610.5486.2
Jan 2022605.4485.7
Dec 2021591.8480.1
Nov 2021590.3477.7
Oct 2021579.0468.5
Sep 2021558.3480.5
Aug 2021562.2466.8
Jul 2021559.1453.1
Jun 2021570.5475.4
May 2021552.4451.4
Apr 2021553.9448.4
Mar 2021552.5455.2
Feb 2021553.6448.6
Jan 2021549.0447.3
Dec 2020549.6447.3
Nov 2020538.1443.9
Oct 2020528.9439.4
Sep 2020516.3435.7
Aug 2020508.7431.1
Jul 2020505.8426.9
Jun 2020495.1423.4
May 2020497.0417.6
Apr 2020493.3415.5
Mar 2020500.0419.7
Feb 2020495.0416.0
Jan 2020497.1418.4
Dec 2019498.6418.1
Nov 2019502.5418.7
Oct 2019499.9420.2
Sep 2019502.2421.3
Aug 2019496.5421.0
Jul 2019493.6419.6
Jun 2019482.1415.0
May 2019480.7413.2
Apr 2019482.8412.6
Mar 2019487.7409.7
Feb 2019487.6410.8
Jan 2019490.5411.8
Dec 2018489.6414.4
Nov 2018494.7415.3
Oct 2018491.5417.1
Sep 2018490.2417.5
Aug 2018485.6418.3
Jul 2018482.9417.0
Jun 2018478.7411.9
May 2018478.1409.2
Apr 2018474.4407.5
Mar 2018480.9403.7
Feb 2018479.9406.1
Jan 2018479.0405.0
Dec 2017473.9406.5
Nov 2017474.4404.9
Oct 2017475.8406.0
Sep 2017472.3405.7
Aug 2017465.5407.2
Jul 2017460.2405.4
Jun 2017457.3400.2
May 2017454.3396.8
Apr 2017456.0394.4
Mar 2017453.2388.3
Feb 2017451.2389.1
Jan 2017449.6388.3
Dec 2016449.3388.7
Nov 2016450.0388.0
Oct 2016447.6386.2
Sep 2016445.2387.5
Aug 2016442.7388.1
Jul 2016438.6388.1
Jun 2016434.9384.0
May 2016448.1380.4
Apr 2016448.7376.0
Mar 2016450.5374.6
Feb 2016442.4370.8
Jan 2016445.2370.6
Dec 2015450.1369.6
Nov 2015449.4368.4
Oct 2015448.0365.6
Sep 2015445.1365.1
Aug 2015440.3364.3
Jul 2015438.2361.0
Jun 2015437.6355.0
May 2015435.9352.3
Apr 2015431.5348.5
Mar 2015426.3345.5
Feb 2015424.8344.2
Jan 2015424.8343.9
Dec 2014426.9345.7
Nov 2014430.9344.9
Oct 2014429.5346.1
Sep 2014428.7346.6
Aug 2014419.0346.2
Jul 2014417.0342.2
Jun 2014412.3337.5
May 2014414.6334.6
Apr 2014416.4331.1
Mar 2014415.3323.9
Feb 2014412.5322.7
Jan 2014410.0321.4
Dec 2013408.0321.0
Nov 2013411.2318.1
Oct 2013410.9316.4
Sep 2013413.2317.7
Aug 2013410.5317.4
Jul 2013408.4314.9
Jun 2013405.7311.4
May 2013399.9308.9
Apr 2013397.2307.3
Mar 2013396.2304.3
Feb 2013396.3302.5
Jan 2013398.2302.5
Dec 2012396.5304.6
Nov 2012399.6305.3
Oct 2012394.1305.0
Sep 2012400.2307.2
Aug 2012403.8308.3
Jul 2012413.4307.9
Jun 2012413.2306.7
May 2012409.4303.8
Apr 2012409.6302.8
Mar 2012405.1299.3
Feb 2012405.4298.5
Jan 2012399.9299.3
Dec 2011401.8301.3
Nov 2011402.6302.6
Oct 2011406.0302.5
Sep 2011407.7305.8
Aug 2011403.8306.6
Jul 2011400.6306.4
Jun 2011395.0302.6
May 2011397.5302.1
Apr 2011402.0303.4
Mar 2011409.5298.8
Feb 2011413.2300.2
Jan 2011417.4301.8
Dec 2010417.7304.3
Nov 2010422.6304.9
Oct 2010424.1308.5
Sep 2010420.8312.0
Aug 2010416.3312.8
Jul 2010413.0312.8
Jun 2010416.5309.7
May 2010419.6308.2
Apr 2010417.4306.7
Mar 2010409.0302.8
Feb 2010403.2302.8
Jan 2010400.2302.1
Dec 2009401.5303.2
Nov 2009397.1301.2
Oct 2009393.0300.2
Sep 2009394.6298.2
Aug 2009393.7295.9
Jul 2009388.4293.0
Jun 2009381.0287.8
May 2009382.2285.0
Apr 2009383.4281.1
Mar 2009383.8278.6
Feb 2009380.2280.3
Jan 2009383.7283.6
Dec 2008394.9290.3
Nov 2008410.0294.8
Oct 2008423.3303.4
Sep 2008428.1309.6
Aug 2008427.9317.6
Jul 2008430.7324.4
Jun 2008436.7328.0
May 2008437.7332.4
Apr 2008441.1330.4
Mar 2008443.2329.8
Feb 2008450.8332.2
Jan 2008453.1335.1
Dec 2007454.5341.3
Nov 2007458.6341.8
Oct 2007457.7342.0
Sep 2007456.2342.8
Aug 2007447.4342.3
Jul 2007445.0340.4
Jun 2007440.1336.1
May 2007439.2332.5
Apr 2007434.6328.7
Mar 2007434.5322.2
Feb 2007431.6319.8
Jan 2007430.5318.8
Dec 2006426.0319.0
Nov 2006427.0315.0
Oct 2006423.3313.4
Sep 2006418.9311.6
Aug 2006413.3310.3
Jul 2006410.9307.7
Jun 2006409.9303.4
May 2006407.3300.5
Apr 2006401.7297.7
Mar 2006394.2291.4
Feb 2006389.8289.0
Jan 2006390.8288.6
Dec 2005395.5289.0
Nov 2005396.1287.4
Oct 2005396.5286.6
Sep 2005394.8287.1
Aug 2005392.3287.6
Jul 2005393.3286.4
Jun 2005391.9282.8
May 2005389.1280.6
Apr 2005383.6277.6
Mar 2005381.4273.7
Feb 2005384.1271.5
Jan 2005389.1271.7
Dec 2004388.0271.9
Nov 2004389.0273.9
Oct 2004379.6274.3
Sep 2004382.1272.3
Aug 2004375.6272.8
Jul 2004370.2269.7
Jun 2004359.6264.1
May 2004350.1259.5
Apr 2004344.8256.4
Mar 2004339.1245.3
Feb 2004334.8244.7
Jan 2004330.2247.1
Dec 2003326.1245.6
Nov 2003324.4240.9
Oct 2003319.8243.6
Sep 2003315.6239.4
Aug 2003310.6240.2
Jul 2003309.8236.0
Jun 2003304.2231.9
May 2003296.6231.4
Apr 2003289.6233.0
Mar 2003285.1227.6
Feb 2003283.8222.8
Jan 2003280.3225.2
Dec 2002275.4226.8
Nov 2002265.5219.5
Oct 2002256.8217.3
Sep 2002248.7215.7
Aug 2002243.8210.6
Jul 2002235.9206.0
Jun 2002227.0204.4
May 2002220.9196.4
Apr 2002215.1191.4
Mar 2002212.5188.9
Feb 2002207.8182.5
Jan 2002204.8176.1
Dec 2001201.6176.7
Nov 2001199.7176.7
Oct 2001197.1176.7
Sep 2001193.2180.3
Aug 2001186.9180.3
Jul 2001182.6180.3
Jun 2001181.7174.1
May 2001179.7174.1
Apr 2001177.8174.1
Mar 2001172.3168.0
Feb 2001169.0168.0
Jan 2001167.0168.0
Dec 2000169.9168.9
Nov 2000172.4168.9
Oct 2000172.4168.9
Sep 2000170.2164.0
Aug 2000166.5164.0
Jul 2000162.4164.0
Jun 2000158.7161.0
May 2000155.4161.0
Apr 2000153.9161.0
Mar 2000149.2152.6
Feb 2000148.6152.6
Jan 2000147.0152.6
Dec 1999147.0148.8
Nov 1999144.4148.8
Oct 1999142.2148.8
Sep 1999140.0145.1
Aug 1999139.7145.1
Jul 1999137.5145.1
Jun 1999136.1137.1
May 1999134.0137.1
Apr 1999133.2137.1
Mar 1999133.4131.5
Feb 1999131.2131.5
Jan 1999130.3131.5
Dec 1998128.9130.7
Nov 1998129.6130.7
Oct 1998129.4130.7
Sep 1998129.0131.3
Aug 1998128.3131.3
Jul 1998128.6131.3
Jun 1998126.3125.8
May 1998125.5125.8
Apr 1998123.6125.8
Mar 1998123.7119.5
Feb 1998122.7119.5
Jan 1998123.1119.5
Dec 1997122.6116.5
Nov 1997122.0116.5
Oct 1997121.4116.5
Sep 1997119.7117.4
Aug 1997118.9117.4
Jul 1997115.9117.4
Jun 1997114.2111.7
May 1997111.8111.7
Apr 1997111.8111.7
Mar 1997112.1109.5
Feb 1997111.5109.5
Jan 1997110.3109.5
Dec 1996108.4108.0
Nov 1996108.6108.0
Oct 1996108.0108.0
Sep 1996107.2106.2
Aug 1996105.1106.2
Jul 1996103.3106.2
Jun 1996103.5102.2
May 1996102.0102.2
Apr 1996101.7102.2
Mar 1996101.4102.1
Feb 1996102.2102.1
Jan 1996103.3102.1
Dec 1995102.6100.6
Nov 1995103.0100.6
Oct 1995102.1100.6
Sep 1995101.4102.0
Aug 1995101.1102.0
Jul 1995102.2102.0
Jun 1995103.4101.1
May 1995103.6101.1
Apr 1995103.2101.1
Mar 1995102.3100.0
Feb 1995102.1100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
November 2000January 2001−3.1%23
November 2007February 2009−17.1%15101
November 2022June 2025−12.4%31Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Cornwall

Sale prices have an 80% chance of landing between £250,623 and £294,596 by August 2027.

Expected, August 2027
£272,609
Chance of a rise
45%

At the average sale price, a home costs £274,570. With 10% down and a 30-year mortgage, the payment is £1,267 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
43%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£995
Owning per month
£1,293

34.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,240
Per 1,000 residents
2.1

Figures for United Kingdom: Cornwall has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 2,481 while 1,510 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+2,481

8.3% of the 285,534 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.3%
Empty homes
23,630

In 2025, 16% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
16%