About a quarter of a million pounds buys the middle of the market. Terraces go for a good deal less than that. Detached goes for nearly double it. Fewer than forty houses changed hands across the whole year. Newlyn is a small market with a wide spread, and the median is the least useful number in it.
The Land Registry recorded 39 sales in the year to May 2026, at a median of about £253,000. The split matters more than the middle. Terraced houses, 21 of those sales, had a median of £200,000. Semis, on seven sales, came in at £330,000. Detached, on nine, came in at £480,000. Two-thirds of what sells here is terraced, which is why the headline number sits where it does, and why a detached house on the hill is a different market wearing the same postcode.
On direction, the house price index for the area stood at about £280,000 as of May 2026, up roughly 4% over the twelve months and up about 11% over five years. Flats did not join in: the flat-only index moved by less than a percent over the same year, effectively sideways, at an average of about £147,000. One number went up modestly, the other did nothing. Neither is a forecast, and anyone quoting them as one is selling something.
Council tax is where the old small-house stock pays you back. Band B is the most common, with 970 dwellings in band B and 680 in band A out of 3,400 on the valuation list, so the cheapest two bands account for something close to half the town. A band D bill in Cornwall runs to about £2,591 a year, which is the figure most readers can hold against their own, and most properties here sit below it rather than at it.
Renting is a county figure rather than a Newlyn one. The Office for National Statistics rent index gives a mean private rent across Cornwall of about £1,000 a month as of April 2026, up roughly 5% over the year. By size, that mean runs to about £690 for a one-bed, £880 for a two-bed, £1,080 for a three-bed and £1,510 for four or more. That is an average across the whole county, not a median of what is currently advertised in a harbour town, and the gap between those two things is where disappointment lives.
Affordability is the part that genuinely favours the buyer here. Modelled gross household income, before tax, averaged about £41,000 in the financial year to March 2023, which is the most recent year the modelling covers rather than a current figure. Against a median sale of about £253,000, that is a stretch of the ordinary kind rather than the coastal-Cornwall kind, and a terrace at £200,000 is within reach of a household that would be laughed out of the room a few miles along the coast.
Per square metre, the sales that can be matched to an energy certificate's floor area, about 69% of them, come out at a median of roughly £3,300 a square metre, on a typical floor area of 82 square metres. That is a small house by national standards and a normal one by Cornish terrace standards.
On bedrooms, the Census 2021 count of 1,862 households puts three-bedroom homes at about 44%, two-beds at 32%, four or more at 17%, and one-beds at 8%. Anyone searching for a one-bed is competing for a thin slice of the town.
For a place with a working harbour, a conservation area and the sea at the end of the road, what houses cost in Newlyn is one of its real strengths, and the reason is unglamorous: the stock is small, old and terraced, and the town has never pretended otherwise.