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TR11

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New builds in TR11: what they really sell for.

13 new-build homes sold in TR11 in the last 12 months, 3% of all sales. New terraced homes sold for a median £255,000, 17.7% less than existing ones.

Falmouth, covering Constantine, Mabe & Mawnan, Falmouth Arwenack, Falmouth Boslowick, Falmouth Penwerris, Falmouth Trescobeas & Budock, Helston South & Meneage, Mylor, Perranarworthal & Ponsanooth, Penryn.

New homes sold

13

3% of sales, last 12 months

New-build premium

-17.7%

Terraced homes

Resold, vs market

+21.9%

Market +21.2%

Energy bills

~£400/yr

65% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Bay View DriveTR11 5XH · detached, semi-detached, terraced · 32 sold · latest Dec 2025
£164k–£486k£3,079/m²
Cliff RoadTR11 4FR · flat · 4 sold · latest Nov 2025
£550k–£620k£6,187/m²
Rew Arwynnek, KergilliackTR11 5XP · semi-detached · 5 sold · latest Jul 2025
£275k–£365k£4,740/m²
Rosva Greun, KergilliackTR11 5WF · detached, terraced · 4 sold · latest Jul 2025
£266k–£395k£5,077/m²
Agar CrescentTR11 5XJ · detached · 5 sold · latest Mar 2025
£425k–£435k£4,350/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

-20.9%

New £435k · existing £550k

12 new-build sales

Semi-detached

0.0%

New £340k · existing £340k

17 new-build sales

Terraced

-17.7%

New £255k · existing £310k

22 new-build sales

Flat

+135.1%

New £576k · existing £245k

6 new-build sales

Resale

Do new builds in TR11 hold their value?

Bought new, resold

+21.9%

Local market, same years

+21.2%

Kept pace

67 of 122

Typically held 4.4 years

Homes in TR11 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£400/yr

Typical 82 m² home

Typical rating

EPC B

Solar panels

65%

of homes

Heat pumps

0%

of homes

From the energy certificates of 26 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in TR11?

Over the last two years, new terraced homes in TR11 sold for a median £255,000 against £310,000 for existing ones, a difference of -17.7%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in TR11 hold their value?

122 homes in TR11 bought new and later resold changed by a median +21.9%, typically after 4.4 years. The local market moved +21.2% over the same periods, so new homes here have broadly kept pace.

Which new developments are selling in TR11?

Recent new-build sales recorded by Land Registry in TR11 include Bay View Drive, Cliff Road, Rew Arwynnek, Kergilliack, Rosva Greun, Kergilliack, Agar Crescent. New streets appear once the first homes complete.

How do I know if a new build in TR11 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers