Understanding sold prices is essential when pricing your property competitively. Our data shows that the average sold house price in Padstow over the last year was £723,322 according to home.co.uk listings data, with homedata.co.uk reporting £617,500 for the same period. Land Registry data for the PL28 postcode puts the average at £617,500. These figures represent a notable shift from the 2022 peak of £723,322, though the PL28 postcode has shown resilience with a 4.46% increase over the last 12 months according to Property Solvers. The difference between asking and sold prices highlights the importance of realistic pricing in the current market.
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Property types command significantly different price points in this market. Detached properties average around £1,113,667 according to homedata.co.uk, while semi-detached homes sell for approximately £461,458 depending on location and condition. Terraced properties, which form a substantial portion of the market, sold at an average of £457,410, with flats averaging £476,650. The variance between asking prices (£723,322 average) and sold prices suggests that realistic pricing and experienced agent guidance are crucial for achieving optimal outcomes. Our team has observed that properties priced correctly from the outset tend to attract serious buyers more quickly.
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Transaction volumes in Padstow have experienced some fluctuation, with 48 residential property sales recorded in the PL28 postcode over the last year. This represents a decrease of 17 transactions compared to the previous year, down approximately 35%. However, over the last decade, 978 properties have sold in Padstow according to PMI data, demonstrating consistent demand in this sought-after coastal location. The most recent sale was recorded in October 2025, indicating ongoing market activity. We note that the market is stabilising following the pandemic-era boom, with the recent 4.46% price increase in PL28 suggesting renewed confidence among buyers and sellers alike.
The rental market in Padstow, while smaller than the sales market, offers opportunities for investors. Currently, just 3 rental listings are available with an average rental price of £1,367 per month. Miller Countrywide manages 2 of these rental properties at an average of £1,300 PCM, while Philip Martin handles one premium listing at £1,750 PCM. This limited supply suggests potential for landlords in a town where holiday lets and seasonal rentals dominate, though the tourism-driven nature of the area creates distinct opportunities and challenges for buy-to-let investors.
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