Penzance Property Price Guide and Insights
Discover Penzance's 2026 property market: average prices for flats vs. houses, bedroom-count breakdowns, % of homes with gardens or balconies, plus an interactive postcode heatmap.
Houses
Explore our blog for market insights, guides and a sprinkling of our favourite properties!
What is the average price of a house in Penzance?
The average price for a house in Penzance is £448k, costing on average £948 per sqft.
Average prices of houses by bedroom count are: £231k for a two-bedroom, £434k for a three-bedroom, £555k for a four-bedroom, and £614k for a five-bedroom.
What share of houses in Penzance feature gardens and parking?
In Penzance, 89% of houses have a garden and 49% include parking.
What is the breakdown of property types in Penzance?
The housing mix in Penzance is 54% detached, 10% semi-detached, 23% terraced, and 12% other.
What is the most expensive area in Penzance to buy a home?
The most expensive area to buy a house in Penzance is TR21, where the average property is £550k. The second and third most expensive areas are TR20 with an average price of £468k and TR18 with an average price of £327k .
What is the cheapest area in Penzance to buy a home?
The cheapest area to buy a house in Penzance is TR18, where the average property is £327k. The second and third cheapest areas are TR20 with an average price of £468k and TR21 with an average price of £550k .
Flats and apartments
Explore our blog for market insights, guides and a sprinkling of our favourite properties!
What is the average price of a flat in Penzance?
The average price for a flat in Penzance is £204k, costing on average £365 per sqft.
Average prices of flats by bedroom count are: £176k for a one-bedroom, £244k for a two-bedroom, £325k for a three-bedroom, and N/A for a four-bedroom.
What share of flats in Penzance feature balconies and parking?
In Penzance, 7% of flats have a balcony and 82% include parking.
What is the breakdown of lease types in Penzance?
The leasing mix in Penzance is 97% leasehold and 3% freehold.
What is the most expensive area in Penzance to buy a flat?
The most expensive area to buy a flat in Penzance is TR21, where the average property is £230k. The second and third most expensive areas are TR18 with an average price of £199k and TR20 with an average price of £184k .
What is the cheapest area in Penzance to buy a flat?
The cheapest area to buy a flat in Penzance is TR20, where the average property is £184k. The second and third cheapest areas are TR18 with an average price of £199k and TR21 with an average price of £230k .
Looking for a property in Penzance?
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