Price analysis for

House Prices in Penzance

£280,000

Median Average Sales Price
(last 12 months)

£323,016

Mean Average Sales Price
(last 12 months)

1642

Total Sales
(last 12 months)

−7.3%

Median vs previous
12 months

House prices in Penzance: market summary

Penzance recorded 1,642 home sales in the last 12 months, at a median price of £280,000 and a mean of £323,016. Comparing the 12 months to August 2026 with the 12 months before, the median price fell by 7.3% (from £290,000 to £268,750). Terraced homes were the most common sale (45% of sales), and detached homes averaged £480,384 against £168,638 for flats. Of the areas with at least five sales, Perranuthnoe had the highest average price (£834,250) and Green Rocks the lowest (£120,000). The town's median is 10% below the South West median of £300,000.

Properties in Penzance had a mean average selling price of £323,016 and a median of £280,000 over the last 12 months based on 1642 sales.

Sales by Property Type

Average Price & # Sales (Last 12 Months)

Detached
£480,384
459 sales · Detached
Semi-detached
£329,365
244 sales · Semi-Detached
Terraced
£265,089
738 sales · Terraced
Flats
£168,638
201 sales · Flats/Apartments
Other
£894,442
94 sales · Other/Commercial
Breakdown by Locality

Average Price & # Sales (last 12 months). Areas with enough sales link to their own page.

LocalityAvg Price# Sales
Penzance Centre£365,838652
Alverton£210,0005
Buryas Bridge£750,0001
Churchtown£755,0008
Cockwells£387,0005
Crowlas£324,38238
Eastern Green£206,65219
Germoe£428,31844
Goldsithney£295,50055
Green Rocks£120,0005
Gulval£212,88936
Heamoor£251,89398
Higher Bosavern£250,0005
Lamorna£407,10519
Long Rock£319,29522
Lower Bostraze£725,0005
Lower Drift£216,2504
Lower Kenneggy£475,0002
Ludgvan£405,50032
Madron£298,90911
Mousehole£352,25831
Nancledra£387,25016
Newbridge£454,6437
Newlyn£317,510155
Newmill£498,35020
Paul£317,64525
Pendeen£255,92378
Perran Downs£534,5008
Perranuthnoe£834,25010
Porthcurno£145,0005
Praa Sands£453,76913
Raginnis£760,0005
Rosudgeon£456,51828
Sancreed£402,25010
Sennen£503,33330
Sennen Cove£421,25012
St Buryan£456,13349
St Hilary£265,41712
St Just£275,794115
St Levan£403,96712
Treen£765,0002
Tremethick Cross£628,1258
Trescowe£200,0002
Trewellard£453,82417

Recent sales in Penzance

The latest 20 sales registered with HM Land Registry. For sales near a particular address, use sold prices near me.

AddressDateTypePrice
4, Park Corner
TR18 4SP
25 Aug 2026Terraced£250,000
36, The Strand
Newlyn, TR18 5HW
25 Aug 2026Semi-detached£210,000
Vellanhoggan Cottage, Vellanhoggan
Gulval, TR18 3DN
21 Aug 2026Detached£300,000
Flat 4 Dolphin Court, Fore Street
Mousehole, TR19 6TQ
19 Aug 2026Flat/maisonette£135,000
Boswedden Mill, Boswedden
St Just, TR19 7NJ
17 Aug 2026Terraced£170,000
36, Caldwells Road
TR18 2BW
14 Aug 2026Terraced£256,000
55, Talveneth
Pendeen, TR19 7UT
13 Aug 2026Flat/maisonette£122,500
Flat 7 Long Barn Rosevidney
Crowlas, TR20 9BX
13 Aug 2026Flat/maisonette£122,500
Aida Lauro, Sunny Corner Lane
Sennen, TR19 7AX
13 Aug 2026Semi-detached£120,000
22, St Petry
Goldsithney, TR20 9LA
7 Aug 2026Detached£387,500
66, St James Street
TR18 2BU
31 Jul 2026Terraced£225,000
9, The Square
Pendeen, TR19 7DN
31 Jul 2026Terraced£185,000
2, Treverven Cottages
St Buryan, TR19 6DL
31 Jul 2026Semi-detached£334,500
1 Penrose Court, Chyandour Cliff
TR18 3LG
31 Jul 2026Flat/maisonette£290,999
Flat 3 Orchard House, Orchard Place
Newlyn, TR18 5BG
27 Jul 2026Flat/maisonette£134,000
53a, Tregurtha View
Goldsithney, TR20 9LU
24 Jul 2026Detached£255,000
18, Poltair Terrace
Heamoor, TR18 3EG
23 Jul 2026Terraced£240,000
1, Penare Gardens
TR18 2AR
23 Jul 2026Terraced£195,772
1, Chycornick Cottages
Gulval, TR18 3BT
20 Jul 2026Terraced£200,000
11, Trescoe Road
Long Rock, TR20 8JY
20 Jul 2026Terraced£302,000

Nearby towns

Postcode districts

TR18 TR19 TR20

More house prices

Penzance house prices: questions answered

What is the average house price in Penzance?

Over the last 12 months the median sold price in Penzance was £280,000 and the mean (average) was £323,016, based on 1,642 sales recorded by HM Land Registry (excluding 'other' sales such as commercial property).

Are house prices in Penzance going up or down?

In the 12 months to August 2026 the median sold price in Penzance was £268,750, down 7.3% on the previous 12 months (£290,000). Medians also move with the mix of homes sold, so treat short-term changes with care.

How much do different types of home cost in Penzance?

Average sold prices in Penzance over the last 12 months: detached £480,384 (459 sales), semi-detached £329,365 (244 sales), terraced £265,089 (738 sales), flats £168,638 (201 sales).

What are the most and least expensive areas of Penzance?

Among areas of Penzance with at least five sales in the last 12 months, Perranuthnoe had the highest average sold price (£834,250) and Green Rocks the lowest (£120,000).

How many homes have sold in Penzance recently?

1,642 homes sold in Penzance in the last 12 months. The most common were terraced homes (45% of sales).

Figures are calculated from HM Land Registry Price Paid Data and exclude sales recorded as "other" property types. They are not valuations.