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House Prices in TR11

The average house price in TR11 (Falmouth) is £474,557 using HM Land Registry data.

The average property price increased by £81,156 (18.1%) over the last 5 years and increased by £16,220 (2.88%) over the last 12 months.

Over the last year, there were 427 residential property sales – a decrease of 54 transactions (-12.65%) relative to the previous year. The majority of house sales (142) were in the £220,000 - £342,000 range. Then came properties in the £342,000 - £464,000 range, where 117 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,581 (-3%).

In May 2025, there were 96 new estate agency instructions, 68 agreed home sales and 55 property price reductions.

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.

Property Market Heat Gauge for TR11 (Falmouth) - May 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 19, Carnes Court, Emslie Road, Falmouth, Cornwall, TR11 4BY	£160,000	£152,500	-£7,500	14 Mar 2024	24 Feb 2025	347 Days
2 Berkeley Mews, Falmouth, Cornwall, TR11 2BW	£150,000	£148,000	-£2,000	11 Oct 2024	20 Feb 2025	132 Days
Creek Cottage, Polwheveral, Constantine, Falmouth, Cornwall, TR11 5RW	£650,000	£640,000	-£10,000	05 Jul 2024	11 Feb 2025	221 Days
16 Duncannon Drive, Falmouth, Cornwall, TR11 4AQ	£240,000	£235,000	-£5,000	08 Oct 2024	07 Feb 2025	122 Days
81 Polmennor Road, Falmouth, Cornwall, TR11 5UY	£385,000	£375,000	-£10,000	21 Aug 2024	07 Feb 2025	170 Days
24 Pendarves Road, Falmouth, Cornwall, TR11 2TW	£295,000	£295,000	£0	21 Aug 2024	04 Feb 2025	167 Days
19 Watersmead Parc, Budock Water, Falmouth, Cornwall, TR11 5EL	£245,000	£235,000	-£10,000	11 Sep 2024	31 Jan 2025	142 Days
7 Roscarrack Close, Falmouth, Cornwall, TR11 4PJ	£635,000	£600,000	-£35,000	01 Aug 2024	31 Jan 2025	183 Days
Downfield, West Bay Maenporth Road, Maenporth, Falmouth, Cornwall, TR11 5HP	£1,350,000	£600,000	-£750,000	01 May 2019	30 Jan 2025	2101 Days
7 Quay Hill, Falmouth, Cornwall, TR11 3HG	£235,000	£230,000	-£5,000	26 Sep 2024	27 Jan 2025	123 Days
24 Carrick Road, Falmouth, Cornwall, TR11 4PQ	£340,000	£332,500	-£7,500	04 Jul 2024	24 Jan 2025	204 Days
5 Polwhaveral Terrace, Falmouth, Cornwall, TR11 2LR	£430,000	£415,000	-£15,000	09 Oct 2024	23 Jan 2025	106 Days
29 Church Way, Falmouth, Cornwall, TR11 4SG	£265,000	£262,500	-£2,500	17 Sep 2024	22 Jan 2025	127 Days
6 Prislow Close, Falmouth, Cornwall, TR11 4PG	£585,000	£575,000	-£10,000	26 Jul 2024	17 Jan 2025	175 Days
11 Tuke Close, Falmouth, Cornwall, TR11 2HL	£260,000	£248,000	-£12,000	18 Jun 2024	10 Jan 2025	206 Days
40 Bosmeor Road, Falmouth, Cornwall, TR11 4PU	£410,000	£390,000	-£20,000	11 Mar 2024	10 Jan 2025	305 Days
9 Penbothidno, Constantine, Falmouth, Cornwall, TR11 5AT	£235,000	£235,000	£0	09 Sep 2024	03 Jan 2025	116 Days
24 Wellington Terrace, Falmouth, Cornwall, TR11 3BN	£295,000	£250,000	-£45,000	15 Jun 2024	19 Dec 2024	187 Days
29 Parc Peneglos, Mylor Bridge, Falmouth, Cornwall, TR11 5SL	£385,000	£385,000	£0	10 Aug 2024	16 Dec 2024	128 Days
15 Penhale Road, Falmouth, Cornwall, TR11 5UZ	£650,000	£625,000	-£25,000	14 Sep 2024	13 Dec 2024	90 Days

Most Expensive Streets in TR11 (Falmouth)

Postcode	Street	Area	Average	No. of Sales
TR11 5UB	Trefusis Road, Flushing	Falmouth	£2,406,666	6
TR11 5LH	Budock Vean Lane	Falmouth	£1,745,000	4
TR11 4EN	Boscawen Road	Falmouth	£1,513,750	4
TR11 5LQ	Budock Vean Lane	Falmouth	£1,471,666	6
TR11 5LE	Bar Road, Helford Passage Hill	Falmouth	£1,383,333	3
TR11 5LF	Bar Road, Helford Passage Hill	Falmouth	£1,299,150	4
TR11 5HS	Trelawney Close	Falmouth	£1,295,000	4
TR11 5RG	Treviades	Falmouth	£1,286,250	4
TR11 5LJ	Budock Vean	Falmouth	£1,281,666	3
TR11 2SZ	Tehidy Terrace	Falmouth	£1,145,000	3

Least Expensive Streets in TR11 (Falmouth)

Postcode	Street	Area	Average	No. of Sales
TR11 4GZ	The Spinnakers, Hillside Road	Falmouth	£92,283	3
TR11 2LT	Beacon Road	Falmouth	£129,166	3
TR11 2HF	Kerensa Green	Falmouth	£136,666	3
TR11 2BW	Berkeley Mews, Berkeley Hill	Falmouth	£156,333	3
TR11 3QD	Brook Court, Brook Street, Falmouth	Falmouth	£158,316	3
TR11 4QD	Boslowick Court, Boslowick Road	Falmouth	£158,333	3
TR11 5BJ	Pendra Loweth, Goldenbank	Falmouth	£163,207	37
TR11 3EY	Sabre Court, Windsor Terrace	Falmouth	£165,000	3
TR11 3EZ	Gyllyng Flats, Gyllyng Street, Falmouth	Falmouth	£177,375	4
TR11 2RN	Penmere Court	Falmouth	£181,666	3