A complete guide to property investment in Pool and Illogan.
Last updated: 3 November 2025
Pool and Illogan offer investors a market that has seen notable upward movement in property values, with capital growth over one year of 14.9% and a strong three-year growth of 31.5%. The area’s annualised growth over three years stands at 9.6%, highlighting sustained price momentum. Affordability is relatively balanced, with a price-to-income ratio of 5.8 and a rent-to-income ratio of 24.6%, making it accessible to a broad range of local buyers and renters. The market sees a moderate level of activity, with annual sales at 107 and homes typically spending 74 days on the market.
Discounts are being achieved on sales, with a median achieved minus asking price of £5,000 (the typical achieved discount), suggesting some room for negotiation for buyers. Rental yields are solid, with an average yield of 4.1% and even higher returns in the top-performing postcode district at 4.8%.
Median price per sq ft
£323 / sq ft
Average rental yield
4.1%
Capital growth (1y)
14.9%
Sales in past year
107
* Property stats calculated for last full calendar year (2024).
Live prices in Pool and Illogan, South West
* Extreme prices clipped for legibility
Median price
£305,000
25% of properties below...
£249,988
75% of properties below...
£415,000
Most expensive property
£2,995,000
Live listings
144
Median days on market
74
Looking ahead, Pool and Illogan’s recent capital growth of 14.9% over one year and annualised three-year growth of 9.6% provide a positive backdrop for further gains, though past performance is no guarantee. The area’s balance of affordability, with a price-to-income ratio of 5.8, and the median rent for a 3-bedroom house at £1,400, should support ongoing demand from both buyers and renters.
Liquidity is reasonable, with properties typically selling within 74 days, but investors should be prepared for some negotiation, as indicated by the median discount of £5,000 (the typical achieved discount). Given the area’s demographic structure, demand may remain steady but could shift over time as the population continues to age. Overall, the outlook is upbeat for those seeking a blend of capital growth and steady rental income.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Pool and Illogan, South West

£270,000
2 bedroom bungalow for sale
Alexandra Close, Illogan, Redruth, ...

£415,000 - Guide Price
4 bedroom detached house for sale
Merritts Way, Pool, TR15

£200,000 - Offers Over
3 bedroom terraced house for sale
Station Road, Pool, Redruth, Cornwa...

£750,000
4 bedroom detached house for sale
Watergate, Illogan, Redruth, Cornwa...

£259,950
3 bedroom semi-detached house for sale
Agar Road, Illogan Highway, Redruth

£236,000 - Guide Price
3 bedroom detached bungalow for sale
Merritts Hill, Illogan
On average, properties sell slightly below asking; careful comp analysis is key.
• Median discount: £5,000
• 1 in 4 properties sell at > £9,975 below asking
• 1 in 10 properties sell at > £20,450 below asking
In percentage terms:
• Median discount of 1.5%
• 25% of properties discounted by > 3.2%
• 10% of properties discounted by > 4.4%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.