PL28 (Padstow), located in Cornwall's north coast, shows modest market dynamics relative to national standards with a trajectory score of 38.7/100. Property prices have grown at a compound annual rate of 1.8% over five years, significantly lagging broader UK trends, whilst rental yields demonstrate stronger performance at 5.4% CAGR over the same period. Population growth remains marginal at 0.7% over five years, suggesting limited demographic expansion. The area registers in the latent gentrification stage, indicating early-stage characteristics without established transformation patterns. These metrics position PL28 as a relatively stable but slow-growth coastal market, where rental income potential currently exceeds capital appreciation prospects for investors evaluating long-term returns.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 1.1% over 5 years (5yr CAGR)
- 2Rents growing at 5.4% per year
- 3Population growing at 0.7% per year
Nearby districts
What's changing in Padstow · June 2026
The trajectory score moved down 1.6 points this month to 37/100, driven mainly by risk.
12 planning applications submitted in PL28 over the last six months, including 1 new build residential scheme proposing 14 homes.
- Targeted Planning Performance Agreement for outline application for the construction of 14 dwellings with some matters reserved (PA26/00018).Jun 2026 · Awaiting decision
- Proposed demolition of the existing attached garage and construction of a 1.5 storey extension, with associated alterations to glazing and internal layout with variation of Condition 2 of Decision Notice PA25/09698 dated 27.03.2026Jun 2026 · Awaiting decision
- Minor refurbishment of shop and new upgraded kitchen extension to rear including new beach sales areaJun 2026 · Awaiting decision
Padstow (PL28) common questions
Is Padstow up and coming?
Padstow (PL28) has a trajectory score of 37/100 (Average), placing it in the top 98% of postcode districts in England and Wales. The score is up 6.9 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Padstow safe?
Padstow has a safety score of 82/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Padstow?
The average property price in Padstow (PL28) is £269k as of January 2026, based on UK House Price Index data. Prices have grown at 1.1% per year over the last five years.
What is the average rent in Padstow?
The median monthly rent in Padstow (PL28) is £996 (2026), based on ONS private rental data.
Which areas are near Padstow?
Neighbouring postcode districts include Wadebridge (PL27), Falmouth (TR11), Port Isaac (PL29), St Columb (TR9), Newquay (TR8). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.