Local market reports › PL area › PL28
Crugmeer market report PL28, Padstow
The PL28 (Crugmeer) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 3,386 completed sales registered with HM Land Registry in PL28 (Padstow) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical PL28 (Padstow) home changed hands for £525,000 in 2026 (median of 24 registered sales, up 9% on five years earlier), with the mean at £599,400, and by floor area homes here have averaged about £5,860 per square metre over the last five years. Source: 3,386 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PL28 is a postcode district covering Padstow, Crugmeer, Porthcothan in Padstow. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where PL28 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in PL28
Take the 24 registered 2026 sales in PL28 and the middle price, the median, is £525,000. The mean lands at £599,400, somewhat above it, as happens wherever a market carries an expensive tail.
PL28 prices by floor area
A square metre of PL28 home has cost about £5,860 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
For scale: the England and Wales median is £285,000, so PL28 trades 84% above the country as a whole.
The price of a typical PL28 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £525,000 | £525,000 | 24 |
| 2025 | £457,500 | £468,440 | 68 |
| 2024 | £477,500 | £507,681 | 68 |
| 2023 | £755,000 | £829,561 | 92 |
| 2022 | £580,000 | £680,116 | 76 |
| 2021 | £480,000 | £607,742 | 151 |
| 2020 | £518,600 | £672,894 | 100 |
| 2019 | £420,000 | £550,519 | 105 |
| 2018 | £380,000 | £506,547 | 109 |
| 2017 | £340,000 | £463,726 | 149 |
| 2016 | £345,000 | £482,658 | 129 |
| 2015 | £350,000 | £494,550 | 111 |
| 2014 | £282,500 | £400,776 | 106 |
| 2013 | £300,000 | £431,670 | 101 |
| 2012 | £305,000 | £448,922 | 72 |
| 2011 | £322,000 | £486,096 | 69 |
| 2010 | £275,000 | £431,271 | 86 |
| 2009 | £295,000 | £474,215 | 73 |
| 2008 | £328,500 | £538,481 | 52 |
| 2007 | £314,000 | £532,631 | 123 |
| 2006 | £312,200 | £541,939 | 146 |
| 2005 | £275,000 | £489,389 | 85 |
| 2004 | £250,000 | £454,049 | 122 |
| 2003 | £210,000 | £386,871 | 113 |
| 2002 | £175,000 | £329,261 | 129 |
| 2001 | £120,000 | £230,694 | 125 |
| 2000 | £125,500 | £246,294 | 124 |
| 1999 | £82,500 | £164,418 | 153 |
| 1998 | £79,900 | £161,284 | 124 |
| 1997 | £75,000 | £153,810 | 174 |
| 1996 | £63,200 | £133,286 | 140 |
| 1995 | £60,000 | £130,431 | 87 |
In cash terms the typical PL28 home went from £60,000 in 1995 to £525,000 in 2026, roughly 9 times the price. Adjusted for inflation it still comes to a real rise of roughly 303%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2023. The market now sits about 37% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PL28 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+52.1% on the year before); the weakest, 2024 (−36.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +14.8% | +12.1% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +4.3% | +0.8% |
| 20 years (since 2006) | +2.6% | −0.2% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 45% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £675,000 against £475,000 for a flat, a 42% premium.
Median by property type, PL28
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £570,000 | 13 | 1,516 |
| Semi-detached | £351,500 | 5 | 559 |
| Terraced | £295,000 | 6 | 1,047 |
| Flats | £475,000 (2025) | – | 244 |
How many homes change hands in PL28
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 50 PL28 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 121 sales a year before the financial crisis and 66 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What tenants pay around PL28
The local authority for PL28 is Cornwall, and its ONS average private rent currently stands at £1,003 a month (May 2026 figures). Size sets most of the rent: one-beds average £691 a month here against £1,510 for four or more bedrooms.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
£1,003 a month is £12,036 a year, which against the £525,000 median sold price makes a gross yield of 2.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the PL28 market
This is a thin market: 50 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. By median price, PL28 presently tops its postcode area.
Asked and answered: PL28 (Crugmeer)
Is PL28 (Crugmeer) a good place to buy a house?
How much did a house sell for in PL28 (Crugmeer)?
Are property prices falling in PL28 (Crugmeer)?
Are PL28 prices heading up or down?
The record answers a different question than "what happens next": the median is up 9% over five years in cash but down 14% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in PL28 now
Everything above is what homes in PL28 sold for. The live side of the market holds 21 homes at the moment, listed by 5 agents publishing to HomesIndex, at a typical asking price 2% above the PL28 median sold price.
19% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PL28 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: PL prices by size
What homes of each size actually sold for across the PL area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £295,000 | £396,000 (+34%) | £575,000 (+45%) | £775,000 (+35%) |
| Semi-detached | £199,750 | £237,500 (+19%) | £283,500 (+19%) | £370,000 (+31%) | £487,500 (+32%) |
| Terraced | £179,000 | £200,000 (+12%) | £230,000 (+15%) | £274,750 (+19%) | £358,000 (+30%) |
| Flat | £120,000 | £152,000 (+27%) | £260,000 (+71%) | £445,000 (+71%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
PL28 ranks 15 of 35 in the PL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
PL area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside PL28, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PL28 8 | £525,000 | 24 |
How PL28 compares nearby
Same city, different markets. The neighbouring districts of the PL area, dearest first:
| District | Median | 5-year |
|---|---|---|
| PL28 (this report) | £525,000 | +9% |
| PL23 | £506,800 | +30% |
| PL8 | £392,500 | -16% |
| PL34 | £370,000 | +28% |
| PL30 | £367,500 | +1% |
| PL29 | £340,000 | -39% |
| PL27 | £332,500 | +4% |
| PL20 | £323,500 | +5% |
| PL16 | £322,600 | -3% |
| PL10 | £308,500 | +16% |
| PL21 | £305,000 | +7% |
| PL9 | £300,000 | +11% |
| PL13 | £300,000 | +3% |
| PL17 | £294,400 | +13% |
| PL12 | £278,500 | +14% |
| PL22 | £270,000 | -10% |
| PL19 | £267,200 | -12% |
| PL7 | £265,500 | +15% |
| PL3 | £265,000 | +20% |
| PL25 | £260,000 | +6% |
| PL33 | £257,500 | +5% |
| PL26 | £256,800 | +7% |
| PL35 | £255,000 | -23% |
| PL18 | £249,300 | -8% |
Selling in PL28? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PL28, open the average prices map and zoom from the PL28 shading down to the sold homes on your own street. Every recorded PL28 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PL28.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to PL28. Free after a one click sign in.
The live map plots every individual PL28 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.