Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Falmouth, TR11 current market prices

The price growth in Falmouth is higher than the national average, with the 2 year growth at 2.4 times the national average. Compared to other areas, TR11 is a relatively expensive area, with an average price 13.5% higher than the national average. The average house price in Falmouth, TR11 is £415,102 and the average rent is £916.

TR11 Current Averages

Market characteristic TR11 district National TR11 against national
Average price £415,102 £365,598 13.5%
Average rent £1,009 £916 10.1%
Sales per month 37 14 (102,880 Total) +164.3%

TR11 Growth trends

Growth rate TR11 district National
2yr house growth 24.4% 10.1%
2yr CAGR 11.5% 4.9%
Last 12 months house price growth -3.8% 7.1%

TR11 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £415,102 £431,618 £333,795 £324,801 View houses for sale in TR11
Flats £272,500 £212,313 £367,690 £286,039 View flats for sale in TR11
Detached £502,250 £585,630 £420,755 £378,333 View detached for sale in TR11
Semi-detached £218,250 £287,786 £314,410 £295,833 View semi-detached for sale in TR11
Terraced £300,222 £298,650 £255,986 £307,332 View terraced for sale in TR11
Bungalows N/A N/A N/A £419,633 View bungalows for sale in TR11

Type Historical Average Price
All properties to rent £1,003 View houses for rent in TR11
Flats for rent £920 View flats for rent in TR11
Detached for rent £1,610 View detached for rent in TR11
Semi-detached for rent £1,050 View semi-detached for rent in TR11
Terraced for rent £925 View terraced for rent in TR11
Bungalows for rent £1,073 View bungalows for rent in TR11

Current market notes

The data above illustrates the relative proportions different types of property in the TR11 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all TR11 sales since 1995. The growth trends table shows the change in average house price for the TR11 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.