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House Prices in TR11 House Prices in TR11 (Falmouth)

The average house price in TR11 (Falmouth) is £452,624 using HM Land Registry data.

The average property price increased by £120,825 (18.1%) over the last 5 years and increased by £24,203 (2.88%) over the last 12 months.

Over the last year, there were 424 residential property sales – a decrease of 48 transactions (-11.32%) relative to the previous year. The majority of house sales (118) were in the £190,000 - £310,000 range. Then came properties in the £310,000 - £430,000 range, where 116 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 136 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,581 (-3%).

In January 2025, there were 67 new estate agency instructions, 50 agreed home sales and 45 property price reductions.

Nearby Postcodes: TR1, TR10, TR12, TR13, TR14, TR16, TR2, TR20, TR27, TR3, TR4

5-Year Average Property Prices in TR11 (Falmouth)

18.1%

Property prices in TR11 (Falmouth) increased by 18.1% 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 TR11 (Falmouth) Over the Last Year

2.88%

Property prices in TR11 (Falmouth) increased by 2.88% 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.

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).

Property Market Heat Gauge for TR11 (Falmouth) - January 2025

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 TR11 (Falmouth)

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 TR11 (Falmouth)

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 TR11 (Falmouth)

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 TR11 (Falmouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR11 postcode area since 1995.

Recent Sales in TR11 (Falmouth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Penhale Road, Falmouth, Cornwall, TR11 5UZ£650,000£625,000-£25,00014 Sep 202413 Dec 202490 Days
Flat 27, Bay Court, Cliff Road, Falmouth, Cornwall, TR11 4NP£300,000£300,000£026 Jun 202405 Dec 2024162 Days
3 Arwenack Avenue, Falmouth, Cornwall, TR11 3JN£385,000£370,100-£14,90025 Jun 202404 Dec 2024162 Days
3 Arundell Gardens, Falmouth, Cornwall, TR11 2HA£275,000£275,000£015 Jul 202428 Nov 2024136 Days
Treventon House, Seworgan, Constantine, Falmouth, Cornwall, TR11 5QN£617,400£613,000-£4,40009 May 202422 Nov 2024197 Days
52 Messack Close, Falmouth, Cornwall, TR11 4SH£350,000£345,000-£5,00004 Jul 202422 Nov 2024141 Days
8 New Windsor Terrace, Falmouth, Cornwall, TR11 3BX£250,000£230,000-£20,00005 Apr 202422 Nov 2024231 Days
10 Penvale Court, Falmouth, Cornwall, TR11 3QR£220,000£213,000-£7,00002 Feb 202420 Nov 2024292 Days
42 Pendarves Road, Falmouth, Cornwall, TR11 2TP£240,000£240,000£024 Nov 202319 Nov 2024361 Days
14 Raleigh Place, Falmouth, Cornwall, TR11 3QJ£300,000£275,000-£25,00002 Jul 202419 Nov 2024140 Days
73 The Beacon, Falmouth, Cornwall, TR11 2BD£265,000£258,000-£7,00019 Oct 202419 Nov 202431 Days
16 Parc An Manns, Mawnan Smith, Falmouth, Cornwall, TR11 5EU£395,000£385,000-£10,00025 May 202418 Nov 2024177 Days
2 Well Lane, Constantine, Falmouth, Cornwall, TR11 5AD£320,000£310,000-£10,00022 Jul 202418 Nov 2024119 Days
7 Trefusis Road, Falmouth, Cornwall, TR11 4QQ£334,950£325,000-£9,95019 Feb 202411 Nov 2024266 Days
2 Merry Mit Meadow, Budock Water, Falmouth, Cornwall, TR11 5DW£300,000£300,000£013 Mar 202408 Nov 2024240 Days
Jasmin Cottage, Bareppa, Budock Water, Falmouth, Cornwall, TR11 5EG£230,000£230,000£006 Jul 202407 Nov 2024124 Days
8 Meadowside Road, Falmouth, Cornwall, TR11 4HH£300,000£290,000-£10,00029 May 202405 Nov 2024160 Days
5 Ashfield Gardens, Falmouth, Cornwall, TR11 2TZ£260,000£260,000£007 Jun 202401 Nov 2024147 Days
27 Castle View Park, Mawnan Smith, Falmouth, Cornwall, TR11 5HB£875,000£865,000-£10,00022 Mar 202431 Oct 2024223 Days
8 Poplar Terrace, Flushing, Falmouth, Cornwall, TR11 5TL£375,000£362,000-£13,00001 Apr 202421 Aug 2024142 Days

Most Expensive Streets in TR11 (Falmouth)

PostcodeStreetAreaAverageNo. of Sales
TR11 5UBTrefusis Road, FlushingFalmouth£2,406,6666
TR11 5LHBudock Vean Lane, Mawnan SmithFalmouth£1,745,0004
TR11 4ENBoscawen RoadFalmouth£1,513,7504
TR11 5LQBudock Vean Lane, Mawnan SmithFalmouth£1,471,6666
TR11 5LEBar Road, Mawnan SmithFalmouth£1,383,3333
TR11 5HSTrelawney Close, MaenporthFalmouth£1,360,0003
TR11 5RGTreviades, ConstantineFalmouth£1,286,2504
TR11 5LJBudock Vean, Mawnan SmithFalmouth£1,281,6663
TR11 5LFBar Road, Mawnan SmithFalmouth£1,223,8663
TR11 4EQTredova CrescentFalmouth£1,135,8336

Least Expensive Streets in TR11 (Falmouth)

PostcodeStreetAreaAverageNo. of Sales
TR11 4GZThe Spinnakers, Hillside RoadFalmouth£92,2833
TR11 2LTBeacon RoadFalmouth£151,8754
TR11 2BWBerkeley MewsFalmouth£152,0003
TR11 4QDBoslowick Court, Boslowick RoadFalmouth£153,3005
TR11 3QDBrook Court, Brook Street, FalmouthFalmouth£158,3163
TR11 5BJPendra Loweth, Maen ValleyFalmouth£163,07635
TR11 3EYSabre Court, Windsor TerraceFalmouth£165,0003
TR11 3EZFalmouth, CornwallFalmouth£177,3754
TR11 2PLTresawle RoadFalmouth£180,8336
TR11 2RNPenmere CourtFalmouth£181,6663

Explore TR11 (Falmouth) using map

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