Detached
£442,432
58% above the Penzance average
17.0% of sales
What is the average house price in Penzance? £279,626
The average house price in Penzance is £279,626, based on 241 homes sold in the 12 months to August 2026. Prices are down 7.3% (£21,945) on a year earlier.
- 1 year change
- −7.3%
- Sold in 12 months
- 241
- Data up to
- August 2026
Sold prices from HM Land Registry, not asking prices. How we calculate this
How much does each type of property cost in Penzance?
Average sold price by property type, and each type's share of recent sales.
Semi-detached
£318,060
14% above the Penzance average
15.2% of sales
Terraced
£262,117
6% below the Penzance average
46.4% of sales
Flats
£191,912
31% below the Penzance average
21.4% of sales
Are house prices in Penzance going up or down?
House prices in Penzance are falling: down 7.3% (£21,945) over the past year. Over the past 10 years, prices are up 33.1% (£69,528).
Past 12 months
−7.3%
−£21,945From £301,571 to £279,626
£301,571£276,983
Past 10 years
+33.1%
+£69,528From £210,098 to £279,626
£328,187£210,098
Quick answers for Penzance
8 key facts at a glance.
When did prices peak?
£574,639
Highest average, reached in December 2021
How many homes sold?
241
In the last 12 months-35.0% year on year
What sells most often?
Terraced houses
46.4% of recent sales
What is the most common price range?
£200k - £300k
53.4% of sales
How many people live in Penzance?
20,686
3,978 people per square mile · Very High (Census 2021)
Population density is Very High, on a scale from Very Low to Very High.
Usual residents, including communal establishments.
How many households are in Penzance?
10,351
1,991 households per square mile · Very High (Census 2021)
Household density is Very High, on a scale from Very Low to Very High.
Occupied households, not communal establishments.
How much green space is in Penzance?
26 m² per resident
Less green space per resident than 58% of areas in England and Wales. That's about 3.6 football pitches for every 1,000 residents.
3.9% of the area · 13 public parks. Parks, playing fields, allotments and other public green space, not counting golf courses. Contains OS data © Crown copyright and database right 2026.
How does Penzance rank?
179th most expensive area of Cornwall.
Compared with 212 areas
What are the most expensive homes sold in Penzance?
The highest recorded sale prices in Penzance, from HM Land Registry.
How do house prices in Penzance compare with nearby areas?
Penzance compared with the 6 nearest other areas in Cornwall.
Penzance vs Madron
- Penzance
- £279,626
- Madron
- £381,628+£102,002
Open comparison
Penzance vs Sancreed
- Penzance
- £279,626
- Sancreed
- £444,136+£164,510
Open comparison
Penzance vs St Buryan, Lamorna and Paul
- Penzance
- £279,626
- St Buryan, Lamorna and Paul
- £460,454+£180,828
Open comparison
Penzance vs Marazion
- Penzance
- £279,626
- Marazion
- £351,875+£72,249
Open comparison
Penzance vs Ludgvan
- Penzance
- £279,626
- Ludgvan
- £296,034+£16,408
Open comparison
Penzance vs Perranuthnoe
- Penzance
- £279,626
- Perranuthnoe
- £375,875+£96,249
Open comparison
Thinking of buying in Penzance?
There's a lot to think about. Whether it's a home to live in or a buy-to-let, our free checklist walks you through what to check before you make an offer.
What to check before you buyWhere does this data come from?
Price information is from HM Land Registry, location boundaries are from OpenStreetMap, and households and population are from Nomis Census 2021 postcode estimates (21 March 2021). Parks and green space are from OS Open Greenspace. Contains OS data © Crown copyright and database right 2026.
Last updated 7 October 2026 at 02:31 with the latest Land Registry data (August 2026). The Penzance dataset covers 1,408 postcodes.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.