House prices in Penzance

Median value — November 2026

£288,000

Modelled from 12,736 properties Stede tracks in Penzance

Market snapshot

£288,000

Median value

£338,935

Average value

407

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

Property types

  • Mid-terrace house39%£242,000
  • Detached house29%£441,000
  • Semi-detached house16%£295,000
  • Flat / Maisonette11%£154,000
  • Property5%£312,000

Areas in Penzance

Streets in Penzance

About this area

Penzance, in Cornwall, is a town. Stede can model 12,736 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Penzance has a median estimated value of £288,000 and an average of £338,935.

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

The market here is mostly mid-terrace houses, which make up 39% of the properties Stede tracks in Penzance.

407 sales were recorded in Penzance over the past 12 months.

Common questions

What is the average house price in Penzance?

As of November 2026, the average estimated value is £338,935 and the median is £288,000 across 12,736 properties Stede tracks in Penzance. This is not a formal market valuation.

Are house prices in Penzance going up or down?

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

What types of property are in Penzance?

39% of the properties Stede tracks in Penzance are mid-terrace houses. detached houses are next most common, at 29%.

How many properties are in Penzance?

Stede can model 12,736 properties in Penzance, with 407 recorded sales in the past 12 months.

How does Stede calculate house prices for Penzance?

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 →