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Falmouth House Prices Falmouth House Prices

The average house price in Falmouth is £445,578 using HM Land Registry data.

The average property price increased by £111,443 (34.5%) over the last 5 years and increased by £22,324 (5.42%) over the last 12 months.

Over the last year, there were 317 residential property sales – a decrease of 41 transactions (-12.93%) relative to the previous year. The majority of house sales (96) were in the £286,000 - £402,000 range. Then came properties in the £170,000 - £286,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 146 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 50 new estate agency instructions, 34 agreed home sales and 35 property price reductions.

Neighbouring Areas: Penryn

Postcodes Covered: TR11

5-Year Average Property Prices in Falmouth

34.5%

Property prices in Falmouth increased by 34.5% 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 Falmouth Over the Last Year

5.42%

Property prices in Falmouth increased by 5.42% 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 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 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 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 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 Falmouth since 1995

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

Recent Property Sales in 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
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
7 Trefusis Road, Falmouth, Cornwall, TR11 4QQ£334,950£325,000-£9,95019 Feb 202411 Nov 2024266 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
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£020 Apr 202409 Aug 2024111 Days
15 Trenoweth Road, Falmouth, Cornwall, TR11 5GH£330,000£330,000£013 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
35 Polmennor Road, Falmouth, Cornwall, TR11 5UX£385,000£372,500-£12,50014 Dec 202301 Jul 2024200 Days

Most Expensive Streets in Falmouth

PostcodeStreetAreaAverageNo. of Sales
TR11 4ENBoscawen RoadFalmouth£1,513,7504
TR11 4EQTredova CrescentFalmouth£1,135,8336
TR11 2STStratton PlaceFalmouth£1,115,0003
TR11 4DRFenwick RoadFalmouth£966,6663
TR11 4EJMadeira WalkFalmouth£927,5504
TR11 2PBPenwerris TerraceFalmouth£910,0004
TR11 3NJFlorence PlaceFalmouth£878,3333
TR11 4EHSpernen Wyn RoadFalmouth£858,0005
TR11 4EGSt Anthony WayFalmouth£855,0004
TR11 5BBSwanpoolFalmouth£851,6663

Least Expensive Streets in Falmouth

PostcodeStreetAreaAverageNo. of Sales
TR11 4GZThe SpinnakersHillside Road£92,2833
TR11 2LTBeacon RoadFalmouth£151,8754
TR11 2BWBerkeley MewsFalmouth£152,0003
TR11 4QDBoslowick CourtBoslowick Road£153,3005
TR11 3QDBrook CourtBrook Street, Falmouth£158,3163
TR11 5BJPendra LowethMaen Valley£163,07635
TR11 3EYSabre CourtWindsor Terrace£165,0003
TR11 3EZFalmouthCornwall£177,3754
TR11 2PLTresawle RoadFalmouth£180,8336
TR11 2RNPenmere CourtFalmouth£181,6663

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