The Delabole housing market presents a nuanced picture of North Cornwall's rural property sector. According to Rightmove data, the average house price in Delabole over the last year stood at approximately £240,849, while Property Solvers using HM Land Registry data reported an average of £269,000 for the PL33 postcode area. These figures position Delabole as a more affordable option compared to some neighbouring Cornish hotspots, though prices have experienced some correction in recent months. Our analysis shows the current average asking price sits at £291,846, slightly above these sold price averages, suggesting seller expectations remain relatively stable.
Recent price trend data reveals interesting patterns in this local market. Rightmove recorded a 9% decline in asking prices compared to the previous year, while OnTheMarket reported an 8.6% fall in sold prices over the same period. However, Property Solvers noted a 3.17% increase in the PL33 area over the last 12 months, suggesting market stabilisation. With 21 residential property sales recorded in the PL33 postcode area in the last 12 months, transaction volumes indicate steady but measured activity in this corner of Cornwall. The mixed signals point to a market that is finding its equilibrium after earlier adjustments.
When examining property types in Delabole, Rightmove data shows terraced properties averaging £202,917, while detached homes command significantly higher prices at around £304,800. Flats in the area average approximately £163,690, though these represent a smaller portion of the local housing stock. Our current Atlas data shows detached properties dominate the market with 18 listings averaging £345,831, reflecting the rural character and larger plot sizes typical of the area. Semi-detached properties account for 7 listings at an average of £239,993, providing options for buyers seeking a balance between space and affordability.
The bedroom breakdown reveals that 2-bedroom and 3-bedroom properties are equally prevalent in Delabole, with 19 listings each. Two-bedroom properties average £218,392, while three-bedrooms command £299,737, showing a premium of approximately £81,000 for the additional bedroom. Four-bedroom properties average £342,913 across 12 listings, appealing to families requiring more space, while 5-bedroom properties at the upper end average £521,238. This distribution indicates a market that caters well to families and those seeking period properties with character.