Now I’m not saying that Cornwall is the cheapest place to live in England (there are some extremely expensive areas here!), but compared to London or inner city living, it’s pretty good value! This is also reflected in Cornish salaries, but again, people usually come here for the atmosphere and work/life balance, not to become billionaires.
We wonder what is meant by ‘pretty good value’ and for whom?
House prices in Cornwall are probably good value if you sell a property in London and move. For example, in Islington a 1 bed flat would cost say £525,000 or a 3 bed maisonette £750,000. And in Cornwall?
You might get a semi-detached in Padstow for £250,000, or a plot in Tintagel with planning permission for £100,000. You would have lots of money left over after your sale – pretty good value – but if you live in the area on Cornish wages – not so good!