Penzance Property Price Guide and Insights
Discover Penzance's 2025 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 £486k, costing on average £1k per sqft.
Average prices of houses by bedroom count are: £246k for a two-bedroom, £460k for a three-bedroom, £627k for a four-bedroom, and £649k for a five-bedroom.
What share of houses in Penzance feature gardens and parking?
In Penzance, 92% of houses have a garden and 51% include parking.
What is the breakdown of property types in Penzance?
The housing mix in Penzance is 56% detached, 10% semi-detached, 23% terraced, and 11% 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 £590k. The second and third most expensive areas are TR20 with an average price of £499k and TR18 with an average price of £371k .
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 £371k. The second and third cheapest areas are TR20 with an average price of £499k and TR21 with an average price of £590k .
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 £202k, costing on average £319 per sqft.
Average prices of flats by bedroom count are: £145k for a one-bedroom, £259k for a two-bedroom, £277k for a three-bedroom, and N/A for a four-bedroom.
What share of flats in Penzance feature balconies and parking?
In Penzance, 11% of flats have a balcony and 80% include parking.
What is the breakdown of lease types in Penzance?
The leasing mix in Penzance is 95% leasehold and 5% freehold.
What is the most expensive area in Penzance to buy a flat?
The most expensive area to buy a flat in Penzance is TR18, where the average property is £211k.
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 £194k.
Looking for a property in Penzance?
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