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House prices on Gears Lane

Median value — November 2026

£447,000

Modelled from 32 properties Stede tracks in Gears Lane

Market snapshot

£447,000

Median value

£465,063

Average value

1

Sales in the last 12 months

-1%

Change over the past year

Value over time

  • Modelled value
  • Projected
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£81,392
2001£96,610
2002£131,955
2003£156,261
2004£185,893
2005£189,482
2006£204,138
2007£217,768
2008£189,219
2009£192,375
2010£200,156
2011£192,520
2012£189,993
2013£195,483
2014£204,568
2015£215,670
2016£215,269
2017£227,083
2018£234,595
2019£238,898
2020£263,341
2021£283,570
2022£317,601
2023£300,778
2024£298,321
2025£289,725
2026£288,000

There aren't enough recorded sales on Gears Lane alone to model a trend for it, so this line shows Penzance instead.

Property types

  • Detached house75%£522,000
  • Mid-terrace house9%£249,000
  • Property9%£225,000
  • Semi-detached house6%£398,000

Recent sales

Addresses in Gears Lane

About this area

Gears Lane, in Penzance, is a street. Stede can model 32 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Gears Lane has a median estimated value of £447,000 and an average of £465,063.

Modelled values in Gears Lane are -1% over the past year and +2% over five years.

The market here is mostly detached houses, which make up 75% of the properties Stede tracks in Gears Lane.

1 sale was recorded in Gears Lane over the past 12 months.

Common questions

What is the average house price in Gears Lane?

As of November 2026, the average estimated value is £465,063 and the median is £447,000 across 32 properties Stede tracks in Gears Lane. This is not a formal market valuation.

Are house prices in Gears Lane going up or down?

Modelled values in Gears Lane are -1% over the past year and +2% over five years, based on the UK House Price Index.

What types of property are in Gears Lane?

75% of the properties Stede tracks in Gears Lane are detached houses. mid-terrace houses are next most common, at 9%.

How many properties are in Gears Lane?

Stede can model 32 properties in Gears Lane, with 1 recorded sale in the past 12 months.

How does Stede calculate house prices for Gears Lane?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →