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House Prices in PL23

The average house price in PL23 (Fowey) is £399,000 using HM Land Registry data.

The average property price increased by £228,163 (60.08%) over the last 5 years and increased by £45,717 (7.37%) over the last 12 months.

Over the last year, there were 53 residential property sales – a decrease of 5 transactions (-9.43%) relative to the previous year. The majority of house sales (26) were in the £210,000 - £474,000 range. Then came properties in the £474,000 - £738,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,700 (-3%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in PL23 (Fowey)

60.08%

Property prices in Fowey increased by 60.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PL23 (Fowey) Over the Last Year

7.37%

Property prices in Fowey increased by 7.37% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PL23 (Fowey) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PL23 (Fowey)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PL23 (Fowey)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PL23 (Fowey)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PL23 (Fowey) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL23 postcode area since 1995.

Recent Sales in PL23 (Fowey)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Furze Park, Polruan, Fowey, Cornwall, PL23 1QE	£285,000	£285,000	£00	02 May 2024	01 Aug 2024	91 Days
Campion, Fore Street, Polruan, Fowey, Cornwall, PL23 1PH	£525,000	£500,000	-£25,000	09 Jun 2023	12 Jul 2024	399 Days
86 Hill Hay Close, Fowey, Cornwall, PL23 1EN	£275,000	£265,000	-£10,000	06 Dec 2023	08 Apr 2024	124 Days
22 Pentreath Close, Fowey, Cornwall, PL23 1ER	£325,000	£325,000	£00	08 Jan 2024	28 Mar 2024	80 Days
17 Station Road, Fowey, Cornwall, PL23 1DF	£285,000	£275,000	-£10,000	05 Aug 2023	08 Mar 2024	216 Days
Rock Villa, School Lane, Polruan, Fowey, Cornwall, PL23 1QA	£375,000	£350,000	-£25,000	15 Nov 2023	08 Mar 2024	114 Days
11 Meadow Close, Polruan, Fowey, Cornwall, PL23 1QS	£550,000	£480,000	-£70,000	25 Oct 2023	29 Feb 2024	127 Days
Roof Tops, Bull Hill, Fowey, Cornwall, PL23 1BZ	£400,000	£280,000	-£120,000	26 Jul 2023	27 Feb 2024	216 Days
The Paddock, Rawlings Lane, Fowey, Cornwall, PL23 1DT	£1,795,000	£1,525,000	-£270,000	02 Nov 2023	15 Feb 2024	105 Days
Ebb Tide, Downs Hill, Golant, Fowey, Cornwall, PL23 1LJ	£750,000	£750,000	£00	10 Jul 2023	15 Jan 2024	189 Days
26 Tower Park, Fowey, Cornwall, PL23 1JB	£2,250,000	£2,100,000	-£150,000	15 Aug 2023	15 Jan 2024	153 Days
8 Ferris Way, Polruan, Fowey, Cornwall, PL23 1QL	£245,000	£230,000	-£15,000	02 Feb 2023	20 Dec 2023	321 Days
3 St Sampsons Terrace, Golant, Fowey, Cornwall, PL23 1LW	£350,000	£287,500	-£62,500	24 Jul 2023	11 Dec 2023	140 Days
62 Esplanade, Fowey, Cornwall, PL23 1JA	£1,295,000	£1,173,500	-£121,500	18 Apr 2023	27 Nov 2023	223 Days
80 Hill Hay Close, Fowey, Cornwall, PL23 1EN	£435,000	£430,000	-£5,000	12 Jul 2023	08 Nov 2023	119 Days
Ro-dew, Lanteglos Highway, Lanteglos, Fowey, Cornwall, PL23 1ND	£525,000	£496,500	-£28,500	12 Jul 2023	26 Oct 2023	106 Days
21 Passage Street, Fowey, Cornwall, PL23 1DE	£575,000	£545,000	-£30,000	19 May 2023	12 Oct 2023	146 Days
32b, Esplanade, Fowey, Cornwall, PL23 1HY	£495,000	£495,000	£00	06 Jun 2023	12 Oct 2023	128 Days
9 Green Lane, Fowey, Cornwall, PL23 1DU	£575,000	£545,000	-£30,000	27 May 2023	10 Oct 2023	136 Days
58 Hill Hay Close, Fowey, Cornwall, PL23 1EN	£250,000	£245,000	-£5,000	29 Jun 2023	04 Oct 2023	97 Days

Most Expensive Streets in PL23 (Fowey)

Postcode	Street	Area	Average	No. of Sales
PL23 1JH	St Catherines Cove	Fowey	£2,526,000	4
PL23 1HZ	Esplanade	Fowey	£1,880,000	3
PL23 1JJ	St Fimbarrus Road	Fowey	£1,723,571	7
PL23 1JD	Tower Park	Fowey	£1,167,000	5
PL23 1JE	Gallants Drive	Fowey	£993,000	3
PL23 1BN	Harbour View	Fowey	£880,000	4
PL23 1HY	Esplanade	Fowey	£787,704	10
PL23 1EU	Saffron Close	Fowey	£770,000	4
PL23 1HN	Lankelly Lane	Fowey	£739,653	13
PL23 1LJ	Downs Hill, Golant	Fowey	£708,750	4

Least Expensive Streets in PL23 (Fowey)

Postcode	Street	Area	Average	No. of Sales
PL23 1QL	Ferris Way, Polruan	Fowey	£170,000	3
PL23 1EQ	Langurtho Road	Fowey	£171,250	4
PL23 1ES	Long Meadow Views, Hill Hay Close	Fowey	£186,833	6
PL23 1EF	Tavern Barn	Fowey	£208,750	4
PL23 1AU	Blue Mill, Station Road	Fowey	£226,062	8
PL23 1HD	Windmill	Fowey	£243,500	4
PL23 1HB	Windmill	Fowey	£253,666	3
PL23 1PB	East Street, Polruan	Fowey	£256,250	4
PL23 1JY	Newtown	Fowey	£259,650	4
PL23 1QG	Wherry Place, Polruan	Fowey	£276,100	3