FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in TR19

House Prices in TR19 House Prices in TR19 (Penzance)

The average house price in TR19 (Penzance) is £345,625 using HM Land Registry data.

The average property price increased by £88,520 (28.13%) over the last 5 years and increased by £17,736 (4.18%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 43 transactions (-43.43%) relative to the previous year. The majority of house sales (27) were in the £240,000 - £340,000 range. Then came properties in the £140,000 - £240,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 40 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,051 (-2%).

In Dec 24, there were 18 new estate agency instructions, 5 agreed home sales and 13 property price reductions.

Nearby Postcodes: TR13, TR17, TR18, TR20, TR26, TR27

5-Year Average Property Prices in TR19 (Penzance)

28.13%

Property prices in Penzance increased by 28.13% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TR19 (Penzance) Over the Last Year

4.18%

Property prices in Penzance increased by 4.18% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TR19 (Penzance) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TR19 (Penzance)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TR19 (Penzance)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TR19 (Penzance)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TR19 (Penzance) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TR19 postcode area since 1995.

Recent Sales in TR19 (Penzance)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Princess Street, St Just, Penzance, Cornwall, TR19 7LD£245,000£230,000-£15,00001 Jun 202415 Nov 2024167 Days
Chyvean, Boscaswell Downs, Pendeen, Penzance, Cornwall, TR19 7DT£300,000£290,000-£10,00005 Sep 202401 Nov 202457 Days
1 Boslandew Hill, Paul, Penzance, Cornwall, TR19 6UD£250,000£245,000-£5,00022 Jul 202430 Oct 2024100 Days
The Cottage, Trungle, Paul, Penzance, Cornwall, TR19 6UG£210,000£197,000-£13,00015 Mar 202415 Oct 2024214 Days
11 Tower Meadows, St Buryan, Penzance, Cornwall, TR19 6AJ£485,000£455,000-£30,00006 Mar 202404 Oct 2024212 Days
9 Park An Pyth, Pendeen, Penzance, Cornwall, TR19 7ET£180,000£165,000-£15,00004 May 202403 Sep 2024122 Days
17 Carn View Terrace, Pendeen, Penzance, Cornwall, TR19 7DU£365,000£365,000£0002 May 202430 Aug 2024120 Days
22 Princess Street, St Just, Penzance, Cornwall, TR19 7LD£135,000£135,000£0006 Jun 202415 Aug 202470 Days
Penolva Farmhouse, Mousehole Lane, Mousehole, Penzance, Cornwall, TR19 6TX£825,000£825,000£0013 Apr 202409 Aug 2024118 Days
2 South Place, Paul, Penzance, Cornwall, TR19 6UL£200,000£198,000-£2,00007 Mar 202423 Jul 2024138 Days
23 Mayon Green Crescent, Sennen, Penzance, Cornwall, TR19 7BS£550,000£475,000-£75,00012 Apr 202419 Jul 202498 Days
4 Old Foundry Close, St Just, Penzance, Cornwall, TR19 7QS£310,000£310,000£0015 Mar 202410 Jul 2024117 Days
14 South Place Gardens, St Just, Penzance, Cornwall, TR19 7UJ£295,000£275,000-£20,00022 Mar 202404 Jul 2024104 Days
26 The Turnpike, St Just, Penzance, Cornwall, TR19 7PN£159,950£115,000-£44,95010 Oct 201127 Jun 20244644 Days
Kine Byre, Tresvennack, Buryas Bridge, Penzance, Cornwall, TR19 6AL£575,000£565,000-£10,00002 Sep 202321 Jun 2024293 Days
3 Pednandrea, St Just, Penzance, Cornwall, TR19 7UA£340,000£340,000£0023 Feb 202414 Jun 2024112 Days
35 Boscaswell Village, Pendeen, Penzance, Cornwall, TR19 7EP£325,000£292,500-£32,50009 Dec 202322 May 2024165 Days
6 Tregeseal Terrace, St Just, Penzance, Cornwall, TR19 7PL£250,000£225,000-£25,00019 Oct 202314 May 2024208 Days
1 Southview Terrace, Mousehole, Penzance, Cornwall, TR19 6QJ£625,000£625,000£0008 Dec 202326 Apr 2024140 Days
4 Southview Terrace, Mousehole, Penzance, Cornwall, TR19 6QJ£495,000£495,000£0019 Dec 202326 Apr 2024129 Days

Most Expensive Streets in TR19 (Penzance)

PostcodeStreetAreaAverageNo. of Sales
TR19 6NJRaginnisPenzance£795,0003
TR19 6TRPaul Lane Bungalows, MouseholePenzance£721,0003
TR19 6QXSouth Cliff, MouseholePenzance£686,3665
TR19 7AXSunny Corner Lane, SennenPenzance£665,8688
TR19 6QTCliff Road, MouseholePenzance£630,0004
TR19 6PTPolvellan, The ParadePenzance£595,0004
TR19 6QWDuck Street, MouseholePenzance£580,6663
TR19 6PNParade Hill, MouseholePenzance£539,1663
TR19 6QJSouthview Terrace, MouseholePenzance£511,6663
TR19 6LJSt LevanPenzance£502,1427

Least Expensive Streets in TR19 (Penzance)

PostcodeStreetAreaAverageNo. of Sales
TR19 7STTrewellard Road, PendeenPenzance£145,8333
TR19 7HGCorner House, Market SquarePenzance£165,5004
TR19 7ETPark An Pyth, PendeenPenzance£169,2504
TR19 7ESBritish Legion Terrace, St JustPenzance£195,6254
TR19 7UTTalveneth, PendeenPenzance£200,67015
TR19 7JXCape Cornwall Street, St JustPenzance£201,6663
TR19 7LXBosorne Street, St JustPenzance£204,0004
TR19 7JZCape Cornwall Street, St JustPenzance£204,4449
TR19 7JWQueen Street, St JustPenzance£205,0004
TR19 7LTChapel Street, St JustPenzance£206,4374

Explore TR19 (Penzance) using map

Sell Your
House Fast
Property Auctions Cornwall
Property Auctions Cornwall
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark