📍 Cornwall district📮 TR20 postcode area

Penzance house prices

Penzance has an average sold price of £201,866 across 22,978 HM Land Registry transactions, with data from 1995-01-03 to 2026-08-25.

Updated October 2026Records through August 2026HM Land Registry31+ million records

Penzance at a glance

Penzance averages £201,866 across 22,978 completed sales. Check the median, sample depth and nearby alternatives before using the average as a market signal.

Average £201,866 · Median £165,000 · 22,978 transactions · +5.4% growth · 1,007 streets

Data window
1995 to 2026
Updated October 2026
Latest recorded sale
August 2026
Most recent HM Land Registry entry for this area
Sample quality
High transaction depth
22,978 sales across 1,007 streets
Median check
£165,000
Mean and median differ enough to inspect outliers
Trend signal
+5.4%
The five-year price movement is +5.4%.

Penzance House Prices Overview

The average sold price in Penzance is £201,866, which is below the England and Wales national average of £400,016 by -49.5%. Across 22,978 registered sales since 1995-01-03, the median price sits at £165,000, suggesting high-value properties pull the average upward — a pattern typical of large, diverse housing markets. The dataset spans 1,007 streets through 2026-08-25. The five-year price movement is +5.4%, in line with national growth. On average, Penzance records 718 sales per year.

Top Streets in Penzance

Frequently Asked Questions

What is the average sale price in Penzance?v

Penzance has an average sale price of £201,866 and a median sale price of £165,000, based on 22,978 registered transactions across 32 active years. The average is 49.5% below the national average of £400,016, the median is 10.2% below the national median of £183,750.

How does the median price compare to the average price in Penzance?v

The median sold price of £165,000 is 18.3% lower than the average of £201,866. This can happen when a smaller number of higher-value transactions pull the average upward.

Which streets in Penzance have the most recorded sales?v

Among the most active listed streets by transaction count, FORE STREET has 363 recorded sales at an average of £190,123; CHAPEL STREET has 267 recorded sales at an average of £190,913; MORRAB ROAD has 168 recorded sales at an average of £188,460.

What property types are most common in Penzance?v

By transaction count, terraced homes represent 42.6% of recorded sales (9,817 transactions) with an average sold price of £157,386; detached homes represent 26.9% of recorded sales (6,203 transactions) with an average sold price of £282,536; semi-detached homes represent 15.9% of recorded sales (3,663 transactions) with an average sold price of £184,620.

Property valuation guide

Estimate a property value in Penzance

Professional valuers use recent sold prices as comparable evidence. In Penzance, the median sold price is £165,000 and the average is £201,866, based on 22,978 HM Land Registry transactions. Over five years, prices have moved +5.4%, which affects how comparables from earlier years should be weighted.

Typical comparable range: £140,000–£190,000(±15% from median)

These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.

More about Penzance

Penzance Annual Median Sold Prices

YearMedian priceAverage priceSales
2026£262,500£319,901286
2025£280,000£369,583670
2024£285,000£363,538691
2023£275,000£349,638623
2022£290,000£343,420712
2021£270,000£335,9041,015
2020£236,000£276,923673
2019£225,000£265,678802
2018£222,500£270,451754
2017£222,500£253,265857

Source: HM Land Registry Price Paid Data. Most recent 10 years shown.