House Prices in Padstow, Cornwall

# Padstow Property Market Summary

Padstow's property market has experienced remarkable growth over the past decade, with average prices nearly doubling from £393,221 in 2016 to £771,031 in early 2025. This picturesque Cornish harbour town has seen particularly strong upward momentum since 2018, with notable peaks in 2023 (£750,554) and 2025 (£771,031), though the current overall average of £345,059 across 2,240 properties reflects the diverse housing stock, including both premium coastal properties and more modest inland homes. The market demonstrated resilience during the pandemic years, with prices climbing from £542,421 in 2020 to £601,163 in 2022, driven by heightened demand for coastal and second-home locations.

Transaction volumes have fluctuated considerably, peaking at 218 sales in 2017 before moderating to between 106-178 sales annually in recent years. The 2025 data, whilst showing impressive price growth, reflects just 44 sales to date, suggesting either seasonal timing or potential market cooling at these elevated price points. Padstow's enduring appeal as a foodie destination, combined with its stunning coastal setting and strong tourism economy, continues to underpin property values, though prospective buyers should be mindful of the significant premium commanded by this sought-after North Cornwall location compared to the national average.