South West

Penzance Property Market

House prices, market demand, and growth trends for Penzance. Powered by Land Registry sold prices and live market data.

Avg. House Price

£261,194

Market Conditions

Balanced Market

Avg. Days to Sell

338 days

1-Year Growth

-1.4%

Local Agents

12

House Price Growth

Average sold prices in Penzance (TR area) based on Land Registry data.

+24.7% since Mar 2020Land Registry price paid data

1 Year

-1.4%

3 Years

-0.4%

5 Years

+20.5%

Market Demand

Supply and demand indicators for Penzance.

Currently For Sale

229

Active listings

Avg. Sales per Month

20

Based on recent completions

Months of Inventory

11.1

High stock — strong buyer conditions

Monthly Turnover

9%

Proportion of stock selling each month

Area Profile

Local area data for Penzance.

Crime Rating

Low crime

127 crimes per 1,000 residents

Area Insights

Degree holders
31%
Vehicles per household
1.2
Deprivation index
24th percentile

Crime Breakdown

Violence and sexual offences36%
Anti-social behaviour23%
Criminal damage and arson9%
Shoplifting9%
Public order6%

Property Mix

Housing stock composition in Penzance, based on Census data.

Detached34.4%
Terraced23.8%
Semi-detached23.4%
Purpose-built flat9.5%
Converted flat6.8%
Mobile/temporary1.2%
Commercial building flat0.9%

Local Agents

12 agents covering Penzance and the surrounding area, sorted by distance.

Showing 12 agents sorted by distance

Bradleys, Penzance

TR18 2JD

0.2 mi

Miller Countrywide, Penzance

TR18 2SG

0.2 mi

Stacey Mann Estates, Penzance

TR18 2QP

0.2 mi

Marshalls Estate Agents, Mousehole

TR19 6SD

2.7 mi

Andrew Exelby Estate Agents, St Just

TR19 7HH

6.3 mi

Bradleys, St Ives

TR26 1SE

6.7 mi

Cross Estates, St. Ives

TR26 1SF

6.7 mi

Miller Countrywide, St Ives

TR26 1SE

6.7 mi

Bradleys, Hayle

TR27 4DX

7.5 mi

Marshalls Estate Agents, HAYLE

TR27 4DX

7.5 mi

Millerson Commercial, Cornwall

TR27 4DY

7.5 mi

Millerson, Mid and West Cornwall

TR27 4DY

7.5 mi

Rather than choosing an agent by name alone, Appraised lets you compare proposals from local agents side by side. Enter your address to get a free valuation, then invite agents to submit their professional assessments, fees, and marketing plans.

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Frequently Asked Questions

What is the average house price in Penzance?
The average house price in Penzance is currently £261,194, based on Land Registry sold price data. Get a more accurate figure for your specific property with a free Appraised valuation.
Is Penzance a buyers' or sellers' market in 2026?
Penzance is currently rated as a balanced market. Properties take an average of 338 days to sell. There are 229 properties currently listed for sale.
How have house prices changed in Penzance?
Over the past year, average prices in Penzance have changed by -1.4%. Over five years, the change is +20.5%. These figures are based on Land Registry sold price data.
How long does it take to sell a house in Penzance?
Properties in Penzance currently take an average of 338 days to sell. There are 11.1 months of inventory on the market. These figures are based on live listing data.
How can I get an accurate valuation in Penzance?
Appraised provides free instant valuations based on Land Registry sold prices, adjusted for current market conditions. Enter your address to get an estimate, then compare proposals from local agents side by side. No obligation, no phone calls.

Selling in Penzance?

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Penzance at a Glance

Postcode area
TR
Region
South West
Avg. house price
£261,194
Days to sell
338
1yr growth
-1.4%
5yr growth
+20.5%

Nearby Areas

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Market data from Property Data API. House price growth based on Land Registry price paid data. Agent count based on Appraised registered agents. Market data last updated: 10 March 2026.