Bodmin Property Market Overview
Former county town with affordable land values and A30 dual carriageway connectivity
The Bodmin property market recorded 269 residential sales over the past 12 months, with a median sale price of £240,000. This places Bodmin £55k below the Cornwall county median of £295,000, and £45k below the UK national median of £285,000.
Prices in Bodmin have shown a notable decline, with a year-on-year change of -9.4%. Within Cornwall, Bodmin ranks 7th by price out of 8 principal towns, and 6th by transaction volume.
Bodmin House Prices by Property Type
Property prices in Bodmin vary significantly by type. The table below compares Bodmin prices with Cornwall county averages and UK national figures.
| Type | Bodmin | Cornwall Avg | UK Avg |
|---|---|---|---|
| Detached | £355,000 | £433,000 | £420,000 |
| Semi-detached | £230,000 | £295,000 | £265,000 |
| Terraced | £174,000 | £249,688 | £230,000 |
| Flat | £115,000 | £161,500 | £225,000 |
Detached homes in Bodmin command £355,000, while flat properties are most accessible at £115,000. The £240k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Bodmin
Bodmin recorded 4 new-build transactions in the past 12 months, representing 1.5% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Bodmin traded at a premium of 77.1% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Cornwall market, 51 new-build completions were recorded — see our Cornwall property market report for the full county picture.
Recent Property Sales in Bodmin
The following table shows the most recent property transactions recorded in Bodmin, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £310,000 | Detached | PL31 2AL | 2026-02-13 | Existing |
| £245,000 | Terraced | PL31 2BX | 2026-02-13 | Existing |
| £305,000 | Semi-detached | PL31 2TH | 2026-02-12 | Existing |
| £285,000 | Detached | PL31 2BE | 2026-02-09 | Existing |
| £250,000 | Terraced | PL31 2RS | 2026-02-09 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £245,000 to £310,000 illustrates the breadth of the Bodmin market.
Development Finance in Bodmin
For developers considering Bodmin, the local market data translates directly into finance structuring. With a median value of £240,000 and detached homes at £355,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Bodmin scheme with a GDV of £355,000 would attract senior debt of approximately £230,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 9.4% year-on-year, experienced developers can still generate strong returns in Bodmin by targeting well-located sites with clear demand drivers.
Ready to develop in Bodmin? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Bodmin Compared to Nearby Cornwall Towns
To put Bodmin's market in context, the table below compares it with similarly-priced towns across Cornwall:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Bodmin | £240,000 | 269 | -9.4% |
| St Austell | £255,000 | 540 | 0% |
| Camborne | £210,000 | 257 | -8.7% |
| Penzance | £280,000 | 361 | 0% |
| Newquay | £310,000 | 502 | -6.1% |
| Truro | £320,000 | 595 | -1.7% |
For the full Cornwall town-by-town breakdown, see our comprehensive Cornwall property market report.
Finance Solutions
Related Finance Products
Development Finance
Senior debt funding for ground-up residential and commercial developments.
From 6.5% p.a. · Up to 65-70% LTGDVBridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
From 0.55% p.m. · Up to 75% LTVMezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
From 12% p.a. · Up to 85-90% LTGDVRelated Reports
Cornwall Property Market: Prices, Trends & Development Finance (2026)
5 min readSouth West Property Market: Regional Analysis & County Comparison (2026)
5 min readBude Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readCamborne Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readFalmouth Property Market: House Prices, Sold Data & Development Finance (2026)
5 min readFrequently Asked Questions
What is the average house price in Bodmin?
The median house price in Bodmin is £240,000, based on 269 transactions over the past 12 months. Detached homes average £355,000 while flat properties average £115,000.
Are house prices rising or falling in Bodmin?
House prices in Bodmin are falling at -9.4% year-on-year. This decline may present buying opportunities for investors and developers. The wider Cornwall market is falling at -5.1%.
How many properties sold in Bodmin recently?
Bodmin recorded 269 residential property sales in the past 12 months. This represents a reasonably active market.
What development finance is available for projects in Bodmin?
Developers in Bodmin can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.