Cornwall Property Market 2015

Story Highlights

  • Cornwall had total property sales of £2.67 Billions in 2015
  • The total number of properties sold in 2015 was 10,985
  • The average sales price in Cornwall was £243 K, whereas the median was £200 K
  • New Property sales were 9.51% by value, whereas Not New Property contributed 90.49%

 

Cornwall is an unitary authority council in South West England.

Total Value of Sales By Property Types

Cornwall - Total Value of Sales By Property Types

Cornwall had total property sales of £2.67 Billions which was 9% of  South West property Market in 2015.

The split across the different property types in Cornwall was:

  • Terraced £620 millions (23.25%)
  • Semi-Detached £445 millions (16.69%)
  • Other £96 millions (3.58%)
  • Flat/Maisonette £240 millions (9%)
  • Detached £1.27 billions (47.48%)

 

 

 

Total Number of Sales By Property Types

Cornwall - Total Number of Sales By Property Types

The total property sales of £2.67 Billions in 2015 was spread over 10,985 properties.

  • Terraced properties was 3,284 (29.9%)
  • Detached 3,931 (35.79%)
  • Semi-Detached 2,224 (20.25%)
  • Flat/Maisonette 1,357 (12.35%)
  • Others 189 (1.72%)

 

 

Average & Median Sales Price

Cornwall - Average & Median Sales Price

 

The average sales price in Cornwall was £243 K and for the different property types it was:

  • Detached £322 K
  • Semi-Detached £200 K
  • Terraced £189 K
  • Flat/Maisonette £177 K
  • Other it is £505 K

Similarly median sales price in Cornwall was £200 K and for different property types it was:

  • Detached £275 K
  • Semi-Detached £183 K
  • Terraced £165 K
  • Flat/Maisonette £145 K
  • Other it is £274 k

 

 

New Vs Not New Property Statistics

Cornwall - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £253 millions (9.51%)
  • Not New Property contributed £2.411 billions (90.49%)

By Total Number the split is as follows:

  • New properties sold were 1,128 (10.27%)
  • Not new property sold were 9,857(89.73%)

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