House Prices in TR11 House Prices in TR11 (Falmouth)

The average house price in TR11 (Falmouth) is £461,575 using HM Land Registry data.

The average property price increased by £150,349 (18.1%) over the last 5 years and increased by £30,125 (2.88%) over the last 12 months.

Over the last year, there were 391 residential property sales – a decrease of 71 transactions (-18.16%) relative to the previous year. The majority of house sales (112) were in the £320,000 - £450,000 range. Then came properties in the £190,000 - £320,000 range, where 106 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,954 (-3%).

In Oct 24, there were 78 new estate agency instructions, 77 agreed home sales and 56 property price reductions.

5-Year Average Property Prices in TR11 (Falmouth)

18.1%

Property prices in 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 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) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
8 Poplar Terrace, Flushing, Falmouth, Cornwall, TR11 5TL£375,000£362,000-£13,00001 Apr 202421 Aug 2024142 Days
6 Marine Crescent, Falmouth, Cornwall, TR11 4BS£395,000£387,500-£7,50006 Feb 202412 Aug 2024188 Days
128 Boslowick Road, Falmouth, Cornwall, TR11 4QF£300,000£300,000£0020 Apr 202409 Aug 2024111 Days
15 Trenoweth Road, Falmouth, Cornwall, TR11 5GH£330,000£330,000£0013 Apr 202419 Jul 202497 Days
215 Longfield, Falmouth, Cornwall, TR11 4SR£350,000£334,000-£16,00024 Feb 202419 Jul 2024146 Days
6 Manor Close, Falmouth, Cornwall, TR11 4LE£410,000£400,000-£10,00007 Feb 202417 Jul 2024161 Days
Flat 56, Bay Court, Cliff Road, Falmouth, Cornwall, TR11 4NP£260,000£250,000-£10,00008 Feb 202416 Jul 2024159 Days
Hedgerows, Bowling Green, Constantine, Falmouth, Cornwall, TR11 5AP£450,000£450,000£0025 Apr 202405 Jul 202471 Days
35 Polmennor Road, Falmouth, Cornwall, TR11 5UX£385,000£372,500-£12,50014 Dec 202301 Jul 2024200 Days
20 Parc Stephney, Budock Water, Falmouth, Cornwall, TR11 5EJ£415,000£415,000£0029 Nov 202328 Jun 2024212 Days
33 Watersmead Parc, Budock Water, Falmouth, Cornwall, TR11 5EL£295,000£280,000-£15,00008 Nov 202328 Jun 2024233 Days
17 Stratton Terrace, Falmouth, Cornwall, TR11 2SY£675,000£645,000-£30,00018 Aug 202328 Jun 2024315 Days
50 Langton Road, Falmouth, Cornwall, TR11 2NH£245,000£232,750-£12,25022 Feb 202428 Jun 2024127 Days
4 Park Hill, Falmouth, Cornwall, TR11 3QH£450,000£440,000-£10,00016 Nov 202321 Jun 2024218 Days
17 Tresahar Road, Falmouth, Cornwall, TR11 4EE£615,000£612,500-£2,50009 Oct 202321 Jun 2024256 Days
Ground Floor Flat, 9, Clare Terrace, Falmouth, Cornwall, TR11 3ES£295,000£286,000-£9,00015 Nov 202321 Jun 2024219 Days
4 St Anthony Way, Falmouth, Cornwall, TR11 4EG£1,100,000£1,080,000-£20,00005 Feb 202418 Jun 2024134 Days
98 Treverbyn Road, Falmouth, Cornwall, TR11 5BS£355,000£355,000£0013 Jul 202317 Jun 2024340 Days
11 Bonython Close, Mylor Bridge, Falmouth, Cornwall, TR11 5NF£310,000£310,000£0027 Feb 202414 Jun 2024108 Days
11 Boscawen Road, Falmouth, Cornwall, TR11 4EN£1,750,000£1,700,000-£50,00009 Aug 202314 Jun 2024310 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£1,408,1258
TR11 5LEBar Road, Mawnan SmithFalmouth£1,383,3333
TR11 5HSTrelawney Close, MaenporthFalmouth£1,360,0003
TR11 5UGGanges Close, Mylor HarbourFalmouth£1,298,3333
TR11 5LJBudock Vean, Mawnan SmithFalmouth£1,281,6663
TR11 5LFBar Road, Mawnan SmithFalmouth£1,223,8663
TR11 2STStratton PlaceFalmouth£1,115,0003

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 2TLTrevissome CourtFalmouth£155,0003
TR11 3QDBrook Court, Brook Street, FalmouthFalmouth£158,3163
TR11 5BJPendra Loweth, Maen ValleyFalmouth£161,74035
TR11 3EYSabre Court, Windsor TerraceFalmouth£165,0003
TR11 3EZFalmouth, CornwallFalmouth£174,8333
TR11 2PLTresawle RoadFalmouth£180,8336

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