top of page

Cornwall - house prices and rents

rpwills
The Office for National Statistics have just released new data on house prices and rents. The information for Cornwall is set out below.

In Cornwall:
House price£301,000
The average house price in Cornwall was £301,000 in July 2024 (provisional), similar to the revised figure for July 2023. Across the South West, there was also little change in the average house price over the same period.

Monthly rent£913
Private rents rose to an average of £913 in August 2024, an annual increase of 4.7% from £872 in August 2023. This was lower than the rise in the South West (6.4%) over the year.

First-time buyers£248,000
The average price paid by first-time buyers was £248,000 in July 2024 (provisional). This was in line with the average in July 2023 (revised).

Mortgage buyers£298,000
For homes bought with a mortgage, the average house price was £298,000 in July 2024 (provisional). This was similar to the average in July 2023 (revised).

All data from the Office for National Statistics.


See also for an overall view:
5 views0 comments

Comments


Cornwall - Economy, commentary & analysis

©2023 by Cornwall - Economy, commentary & analysis. Proudly created with Wix.com

bottom of page