Cheapest Places in Cornwall to Buy a 3-Bedroom House in 2018

Updated on July 11, 2018
Amanda Severn profile image

Amanda has worked in estate agency in the South-East of England for a number of years, in both residential and commercial property sales.

 "Treligga cliffs and beyond - geograph.org.uk - 1241656" by William Bartlett - From geograph.org.uk.
"Treligga cliffs and beyond - geograph.org.uk - 1241656" by William Bartlett - From geograph.org.uk.

House Buying in Cornwall

Cornwall is a wonderful county with spectacular countryside, fabulous beaches, and picturesque towns and villages. Holidaymakers have been flocking here for many years, and little by little, tourism has become an important part of the local economy. That being so, it's entirely likely that the people who will be most interested in this article are those hoping to relocate to the West of England, or perhaps busy folks looking for a bolthole in Cornwall that they can use as a second home. Cornish natives trying to get a foothold on the housing ladder might also find the information helpful. It's genuinely amazing that property prices can vary so dramatically from one town to another across a county. The cheapest places in Cornwall tend to be away from the coast, but that said, you may be surprised by the number of cheaper towns by the seaside.When house hunting please do your own thorough research, especially as some highly sought-after areas have caveats in place preventing non-Cornish natives from buying second homes or holiday homes.

The information in this article was updated in July 2018.

Interested in regular updates?

This article is one of a series of articles written for people who are interested in buying and selling houses. The articles are updated around four times a year, and it's often genuinely surprising what can happen to property prices in a few short months. . Notifications of updated articles are posted on social media under the by-line 'Cheapest Places UK', and you can receive them in your feed by liking and following the posts. Thank you for reading.

Basic 3-Bedroom Houses: Typical Price Range for Cornwall

£0-£150,000
£150,001-£200,000
£200,001-£250,000
£250,001 upwards
Bodmin
 
 
 
 
 
 
Boscastle
 
Calington
 
 
Camborne
 
 
 
 
 
Falmouth
 
 
 
 
Fowey
 
Hayle
 
 
Helston
 
 
 
Launceston
 
 
 
Liskeard
 
 
 
 
 
Looe
 
 
 
Marazion
 
 
Mevagissey
 
 
 
Newquay
 
 
 
 
Padstow
 
Penzance
 
 
 
 
 
Perranporth
 
 
 
 
Polperro
 
 
 
Polzeath
 
 
 
Port Isaac
Redruth
 
 
 
 
 
 
Rock, Pityme, Tredizzick
St Austell
 
 
 
 
St Ives
 
 
 
St Just
 
 
Saltash
 
 
 
 
Tintagel
 
 
 
Truro
 
 
 
Wadebridge
 
 

Cornwall

Bodmin

Bodmin lies in the centre of Cornwall, south-west of Bodmin Moor. A substantial town for such a rural county, Bodmin provides educational, health, and shopping facilities for a large surrounding area, as well as being on the Cornish main-line rail route. Popularly associated in local legend with the so-called 'Beast of Bodmin', the nearby moors are supposedly roamed by a phantom big cat.

You can still find an occasional property for around £115,000 in Bodmin, but realistically, buyers looking for a basic 3-bedroom family home will need to have a budget of at least £140,000.

Boscastle

In 2004, the TV channel BBC 2 began broadcasting A Seaside Parish, a weekly series focusing on the life of the newly appointed Rector of Boscastle, Christine Musser. This raised interest in the village amongst visitors to Cornwall, but the serious flood that hit Boscastle in August of the same year, brought it even greater media attention. Fourteen years on, the village has recovered from the considerable damage done by the freak weather conditions that caused the flooding, and it's business as usual for this popular tourist spot. Three-bedroom homes in and around Boscastle are likely to cost upwards of £260,000, but there are occasional bargains to be had for around £50,000 less than that if you are lucky enough to find one of the rare, small terrace houses that sometimes creep onto the market here

Callington

Three-bedroom houses start at around £150,000 in Callington, although a budget of £165,000-plus will give you a little more choice.The town is situated in the east of the county between Dartmoor and Bodmin Moor. Formerly an agricultural market town, Callington now relies on food manufacturers Ginsters and Tamar Foods for many of the local employment opportunities. The town is not as touristy as its coastal neighbours, and is very much a place where Cornish folk can feel at home. The schools take pupils through to sixth form, and there is a strong sporting tradition within the town, with local football and cricket teams being keenly supported.

The nearest railway station to Callington is seven miles away, at Saltash.

Camborne

Camborne is located in what was once one of the richest tin-mining areas in the world. However, the pits, one by one, ceased to be profitable, and the last remaining pit, just a short distance from Camborne, closed its gates in 1998. Camborne and the adjoining town of Redruth were once at the heart of the Cornish tin mining industry, but these days employment is harder to find, and government funding has been ploughed into local regeneration projects.

A three-bedroom house with a lot of character in Camborne could be yours for as little as £100,000 (July 2018).

Falmouth

Taken together with Carrick Roads, Falmouth Harbour is the third deepest natural harbour in the world and the deepest in Western Europe. So it's no surprise that the town is popular with yachtsmen and fishermen alike, and has its own port where larger vessels, including cruise ships, are catered for. The town itself is very historic, and is the site of Pendennis Castle which was originally built by Henry Vlll. Falmouth has good transport links, including rail, and has educational facilities through to university level. Three bedroom homes in Falmouth may be bought from around £200,000 upwards.

If you are looking at this article with a view to buying a holiday cottage, there are numerous leasehold properties for sale in and around Falmouth built specifically for this purpose, and these are listed from approximately £145,000.

Fowey

House prices in pretty little Fowey are as steep as the hilly roads leading down to the harbour. Expect to pay at least £285,000 for a typical three-bedroom house here. On the day this article was updated (July 2018) there was just one, three bedroom home listed below this figure. The price jump to the next listed property, however, was substantial. As always with property matters, you need to do your own research, and be very vigilant if you hope to nab a bargain in a popular area.

The famous author Daphne du Maurier made her home in Fowey, and her novels paint a vivid picture of Cornish life in by-gone days, with tales of smugglers, pirates and privateers, as well as more contemporary stories which frequently have an underlying sense of the supernatural. Perhaps she was inspired by the unique character of Cornwall, and its air of mystery and tales untold.

Hayle

There are a number of holiday-style chalets and bungalows for sale in the Hayle area. These are priced from as little as £49,000 (July 2018), and may have occupancy restrictions that limit residency to short periods. For a proper, solidly-constructed three bedroom home in the town, you will ideally need to have a budget of at least £185,000.

Hayle is a small town and cargo port in west Cornwall, at the mouth of the Hayle River, a few miles northeast of Penzance. Hayle has an enviable three miles of golden sandy beaches and is a popular holiday destination. The Gwithian beach near Godrevy is a favoured location for surfing, windsurfing and body-boarding. The town has good transport links including a railway station.

Helston

Helston is the most southerly town in mainland Britain. With a history dating back well over 800 years, the town includes many old and quirky properties, some of which are available at surprisingly reasonable prices. A standard 3-bedroom place in good order can easily be bought in this lovely location for approximately £180,000, but for something really unique, you may have to pay a little more.

Helston has local schools providing education to secondary level. Transport links are by road, but there is a bus service connecting with the railway station at Redruth.

Launceston

Launceston is a hillside market town near the Cornwall-Devon border, and is at the centre of an employment hotspot thanks to a cluster of nearby small industrial estates. The town itself is dominated by the ruins of Lauceston Castle, and was once the location of the Cornish Mint. Launceston has local schools through to secondary level, and has many of the shopping, and leisure facilities you would expect in a town this size. Three-bedroom family-sized houses can occasionally be bought from as little as £105,000, but a more realistic starting budget would be around £125,000.

Liskeard

Liskeard is one of the least expensive Cornish towns, and occasional properties come onto the market in the £120,000 to £130,000 price range. A sensible budget for a 3-bedroom house would be around £150,000, but you may get lucky and find one of the cheaper ones if you're quick, especially as there are some good reductions available on older listings at present.

Liskeard still holds a weekly livestock market every Tuesday. The town centre has a good range of shops, restaurants, cafes and pubs, many of them retaining an old-fashioned charm. With good local schools and rail links, Liskeard is an attractive small town close to many of Cornwall's popular tourist destinations.

Looe

Looe's main business today is tourism, with much of the town given over to hotels, guest houses and holiday homes. The shops mainly sell beach equipment, ice cream, Cornish pasties, and other seaside themed items. Yet despite all this, traditional fishermen still ply their trade from Looe harbour, and several fish dealers operate from the docks of East Looe. Aside from the harbour and docks, there is an excellent sandy beach at East Looe, and the surrounding area is popular with campers and caravanners. Family homes a little out of the main town can still be bought for a little under £210,000 upwards. Quirky individual quayside houses are likely to cost quite a lot more.

Marazion

St Michael's Mount is half-a-mile offshore from Marazion, and at low water a causeway links it to the town. Perhaps St Michael's Mount is the main attraction for the many talented artists who produce and sell paintings and pottery in the town's numerous art galleries, or perhaps they are drawn to the quaint beauty of this ancient town. Whatever the reason, Marazion is a great place to visit, and is a popular destination for visitors to Cornwall.

Low-end properties are hard to come by in Marazion, and few family-sized houses come on the market here. Those that do tend to be a little more expensive than you'd expect in Cornwall. Budget for at least £400,000, but realistically you might need considerably more.

Mevagissey

Ideally you need at least £290,000 to secure a three bedroom house in Mevagissey. This picturesque seaside village near St Austell, with its steep, narrow streets and lanes, is mostly geared up to meeting the needs of the tourist trade, but there are more modern housing estates on the outskirts that cater for local people, and any bargains are likely to be found outside the town centre.

The village lies in a small valley facing east onto Mevagissey Bay, and like many of the towns and villages on this coastline has an old harbour which still shelters working fishing vessels.

Newquay

Newquay is widely regarded as the surf capital of Britain, and there are many surf stores, board manufacturers and board hire shops in the town. With one of the best beach breaks in Cornwall, Fistral Beach is at the heart of Newquay's high status amongst UK surfers. Newquay has long been noted as a major tourist destination, mainly on account of its nine long and accessible sandy beaches, including Fistral, and the town has grown up around the tourist trade, ensuring that there is plenty of entertainment on offer.

£195,000 should be sufficient to buy a basic 3-bedroom house in Newquay.

Padstow

Considering its high profile within the county, Padstow remains surprisingly affordable. £220,000 will still secure a reasonably spacious three-bedroom home in the town. Amazingly, tiny terraced 3-bedroom houses occasionally come up for sale at around £200,000, but to be on the safe side, you should expect to pay £220,000 or more.

Traditionally a fishing port, Padstow is now a popular tourist destination. The dramatic coastline and safe harbour close to the mouth of the River Camel ensures the town's popularity with the fishing and yachting fraternity. Local restaurateur, Rick Stein, has also promoted the town through his TV cookery programmes, and tourists travel from far and wide to eat at his restaurant and cafés. Unfortunately, the Rick Stein effect has caused house-price inflation in Padstow, and local people find it very hard to get a foot on the housing ladder when competing with wealthy in-comers looking for second homes here.

Penzance

Penzance is well known for being the most westerly major town in Cornwall, lying approximately 75 miles (121 km) west of Plymouth and 300 miles (480 km) west-southwest of London.The town faces onto the English Channel, and has a sheltered harbour which makes it popular with fishermen and leisure sailors alike. Immortalized in song by the composers Gilbert and Sullivan in their operetta Pirates of Penzance, the town has long been a popular tourist destination. The mainline rail route through Cornwall terminates here, ensuring ease of access for those who prefer not to drive through Cornwall's congested summertime traffic.

The most basic 3-bedroom family property will typically cost between £180,000 and £200,000, although you may grab a bargain at a lower price if you are prepared to roll up your sleeves for some serious DIY.

Perranporth

Perranporth is a popular British holiday destination with a wide sandy beach that extends northeast of the town for nearly two miles. The town faces west onto Perran Bay and the Atlantic, and is favoured by surfers who enjoy the big waves. Perranporth Airfield, on Cligga Head on the cliffs east of the town, was built during World War II as an RAF fighter station, but is now a civil airfield.

Three-bedroom homes in Perranporth start at around £300,000 (July 2018), with a very occasional bargain or DIY project sneaking in for somewhat less..

Polperro

Polperro is a popular village and fishing harbour on the south-east Cornwall coast. It is situated on the River Pol, 4 miles (6 km) west of the neighbouring town of Looe. Visitors throng the narrow streets and alleys in summer, enjoying the idyllic location and the quaint charms of the tightly-packed fisherman's houses and seaside-themed shops and galleries sprawling down towards the picturesque harbour. Needless to say, this appealing location is not a cheap place to re locate to. Expect to pay upwards of £250,000 for even the most basic three-bedroom property.

Polzeath

This is indeed a favoured corner of Cornwall. Beautiful Polzeath with its sheltered, sandy surfer's beach, is high on the desirability list for the rich and fabulous. So much so, that on the day I researched this article, there were only eight three-bedroom plus sized properties available in this popular seaside village, none of which were priced at under half a million pounds (July 2018).

Port Isaac

Picturesque Port Isaac has served as backdrop to various television productions, most notably the ITV series Doc Martin, where it is renamed Portwenn. The group 'Fisherman's Friends', who specialise in singing sea-shanties, also hail from this pretty little fishing village. Three-bedroom houses in and around Port Isaac start at about £345,000 but cheaper properties are few and far between, so expect to pay considerably more.

Redruth

Redruth, together with the adjoining town of Camborne, forms the largest urban area in Cornwall, and consequently shopping, education, sports and leisure, and transport links are all better here than elsewhere within the county. £145,000 is a typical price for a basic three-bedroom house in Redruth (July 2018). On a good day, you might find something for a little less.

The town lies inland from the coast, but in this narrow part of Cornwall you are never too far away from the sea.

Rock, Splatt, Pityme, St Minver and Tredrizzick

Situated on the Camel Estuary, just across from Padstow, Rock has become a popular centre for water sports such as waterskiing, windsurfing, and sailing. The village is sometimes referred to as 'Britain's Saint-Tropez', and its popularity with affluent holidaymakers has led to it having the highest proportion of second homes in Cornwall.

The annual influx of summer visitors has ensured a measure of prosperity for local folk involved in servicing their needs. Consequently, the retail outlets and restaurants in Rock appear to do rather better than in other Cornish towns, and property prices locally are dizzyingly expensive compared to other West Country locations. Expect to pay a bare minimum of £300,000 for a 3-bedroom bolthole in Rock, or in any of the adjacent settlements of Splatt, Pityme, St Minver and Tredrizzick, and that is if you are fortunate enough to find one actually available to buy!

St Austell

Not the prettiest of the Cornish towns, but situated on the doorstep of some of the West Country's top attractions, such as the Eden Project and the Lost Gardens of Heligan. St Austell, one of the largest towns in Cornwall, benefits from good transport links, including rail, and has its own hospital, serving a large surrounding area. Properties in the town begin at a very reasonable £135,000.

St Ives

Fishing was an important industry to the good people of St Ives right from Medieval times. It was, for long centuries, the most important fishing port on the north coast. of the county. These days, beautiful St Ives, home to Tate St Ives, is a magnet for artists, and many galleries offering local scenes line the narrow streets. Price-wise, three-bedroom homes begin at approximately £250,000 in this lovely coastal town, but the prices escalate upwards very rapidly, mainly due to the lack of available basic homes.

St Just

St Just lies within the Cornwall Area of Outstanding Natural Beauty (AONB), and is an attractive town in it's own right. This ancient settlement has strong associations with the Cornish mining industry, and important copper and tin mines were sited nearby. Nowadays, with the closure of the mines, St Just, and the coastline it stands on, has to rely on tourism and agriculture for many of the local employment opportunities. Small, terraced,three bedroom houses in St Just can be bought from a little under £200,000 at present, but these are not always available, and you may need to stretch your budeget a little further.

Saltash

Saltash is the largest town by population in East Cornwall and is one of the biggest in the county. This means that the educational, health, leisure, and shopping facilities are better than in many Cornish locations. The town has the added benefit of being on a train route. However it is not as picturesque and touristy as other Cornish locations.

There are still quite a few three-bedroom properties under £170,000 coming onto the market in Saltash, and there seems to be price reductions available on some of these lower priced homes.

Tintagel, Trevena and Bossiney

Tintagel has connections to the Arthurian legends, and its castle is one of Britain's most visited ancient buildings. The modern village and its two adjacent settlements, Trevena and Bossiney, have three-bedroom houses available from around £290,000, or sometimes a little less.

Truro

Truro is the only city in the county, and the most southern city in mainland UK. Truro is well known for its gothic revival cathedral, which was completed in 1910. The city's cobbled streets and Georgian architecture add to its overall charm, together with good transport links, and excellent retail, leisure, education, and health facilities. Three-bedroom homes start at around £170,000 in Truro.

Wadebridge

Wadebridge straddles the River Camel 5 miles (8.0 km) inland from Padstow. The town has quite a range of property on offer, but the most basic three-bedroom homes start at around £250,000, with the occasional tiny, terraced property slipping in a little below that. There aren't many being listed at this kind of price, however, so you need to be vigilant to chase one down.

Questions & Answers

    Comments

    Submit a Comment

    • profile image

      Andrew Jarvis 

      2 years ago

      Should have called it the 'Furry Dance' as now I can't get Terry Wogan out of my head,ugggh..!

    • Amanda Severn profile imageAUTHOR

      Amanda Severn 

      2 years ago from UK

      Thanks for stopping by and sharing your memories Blossom!

    • BlossomSB profile image

      Bronwen Scott-Branagan 

      2 years ago from Victoria, Australia

      Thanks for the tour around one of my favourite parts of Britain. One of my Grandpas came from St. Austell and I've stayed several times with cousins in some of those places, including Helston at the time of the Flora Dance. It was at one of those that she met the man who became her husband!

    • profile image

      Andrew Jarvis 

      2 years ago

      It would have been nice, though, wouldn't it!

    • Amanda Severn profile imageAUTHOR

      Amanda Severn 

      2 years ago from UK

      Thank you for the heads up Andrew Jarvis. I have made the appropriate amendment to the Hayle entry.

    • profile image

      Andrew Jarvis 

      2 years ago

      The Hayle holiday chalets for 75k are not for residency from what I've seen.You can only stay in them for up to 28 days per year. The rest of the time they have to be rented out to tourists.

    • Amanda Severn profile imageAUTHOR

      Amanda Severn 

      3 years ago from UK

      Hi Oliversmum, you've picked out two beautiful locations, but I have to say that Cornwall is pretty magical all over. Check out the new Poldark series if it comes over to you in Australia, and you'll get a flavour of the rugged charm of England's West Country. Price wise Cornwall is nowhere near as cheap as it was ten or twenty years ago, but second-home owners have pushed the prices up beyond the pockets of many locals in recent years. Thanks for stopping by and commenting,

    • oliversmum profile image

      oliversmum 

      3 years ago from australia

      Amanda Severn Hi. All these locations sound nice, but my interest was taken with Newquay and Falmouth they both sounded very interesting. Even after converting pounds to Australian dollars for what you get the price,s are pretty reasonable. Thanks for sharing part of your beautiful country with us. Thumbs up. and very interesting. :) :)

    • Amanda Severn profile imageAUTHOR

      Amanda Severn 

      4 years ago from UK

      Hi Imogen, all the property prices I've given on here are based on prices shown on Rightmove. They've all been researched within the last fortnight, so are fairly current, and they are all based on the very cheapest, most basic, three bedroom houses available in any given area. I've excluded auction guide prices, and properties that are very much cheaper than others because of the requirement for major renovation etc. From the perspective of someone living in a property hotspot in the South-East, many of the towns in Cornwall seem very reasonable indeed. but they certainly don't reflect average wages etc, primarily because so many people have bought second homes and holiday homes in the county, and the locals have gradually been priced out. I haven't come across the 'restrictions' policy in my research, but thank you for bringing this to my attention. I will add a caveat in the header paragraph.

    • Imogen French profile image

      Imogen French 

      4 years ago from Southwest England

      I am surprised that some of these places are so cheap. I visit Falmouth a lot as my son is at university there, and got the impressions that houses were really expensive. But perhaps I was only looking at the expensive ones, and dreaming! A lot of areas in Cornwall have restrictions on "outsiders" buying properties, as there are an awful lot of second homes and houses converted into holiday accommodation, which price the locals out of the market. If you are thinking of moving into the area it is worth checking with local councils. I think Haemoor, near Penzance, for example, has a strict policy of giving priority to locals, and doesn't allow holiday accommodation.

    • Amanda Severn profile imageAUTHOR

      Amanda Severn 

      4 years ago from UK

      Hi Bob, yes, life is good right now, and I hope you're well and happy too. Cornwall isn't the cheapest county any more, but it's not the most expensive either. Compared to Sussex, Cornwall has some real bargains!

    • diogenes profile image

      diogenes 

      4 years ago from UK and Mexico

      Wow! One of my favourite ghostly voices from the past! Nice to see a hub of yours again, Amanda and hope life has treated you well of late.

      I could afford a tent in Cornwall!

      Bob xo

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