PL23 (Fowey) in Cornwall has recorded a five-year compound annual growth rate of 2.6% in property prices, alongside rental growth of 5.4% over the same period. Population expansion remains minimal at 0.7% over five years, indicating limited demographic pressure driving housing demand. The district scores 38.8 out of 100 on trajectory metrics, placing it at the 4th percentile nationally. The postcode currently sits in a latent gentrification stage, suggesting early-stage characteristics without established transformation. The rental yield advantage relative to capital appreciation may appeal to income-focused investors, though the modest price growth and minimal population expansion warrant consideration of local economic drivers and employment opportunities.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 2.1% 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 Fowey · June 2026
The trajectory score moved down 0.3 points this month to 39/100, driven mainly by safety.
8 planning applications submitted in PL23 over the last six months, including 1 new build residential scheme, 1 change of use.
- Alterations and additions to existing dwelling including increase in roof height with removal/variation of Conditions 3, 4 and 5 of Decision Notice PA25/07833 dated 25 December 2025Jan 2026 · Decided
- Change of use from self catering holiday unit to residentialJun 2026 · Awaiting decision
- Replacement windows and alterations to kitchen window openingJun 2026 · Awaiting decision
Fowey (PL23) common questions
Is Fowey up and coming?
Fowey (PL23) has a trajectory score of 39/100 (Average), placing it in the top 97% of postcode districts in England and Wales. The score is up 0.9 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Fowey safe?
Fowey has a safety score of 28/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Fowey?
The average property price in Fowey (PL23) is £269k as of January 2026, based on UK House Price Index data. Prices have grown at 2.1% per year over the last five years.
What is the average rent in Fowey?
The median monthly rent in Fowey (PL23) is £996 (2026), based on ONS private rental data.
Which areas are near Fowey?
Neighbouring postcode districts include Par (PL24), Lostwithiel (PL22), St Austell (PL25), St Austell (PL26), Liskeard (PL14). 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.