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House Prices in TR19

The average house price in TR19 (Penzance) is £250,000 using HM Land Registry data.

The average property price increased by £35,207 (9.69%) over the last 5 years and increased by £7,038 (1.8%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 56 transactions (-75.68%) relative to the previous year. The majority of house sales (17) were in the £234,000 - £308,000 range. Then came properties in the £160,000 - £234,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 159 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,672 (-5%).

In Apr 2026, there were 43 new estate agency instructions, 16 agreed home sales and 23 property price reductions.

5-Year Average Property Prices in TR19 (Penzance)

9.69%

Property prices in TR19 (Penzance) increased by 9.69% 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

1.8%

Property prices in TR19 (Penzance) increased by 1.8% 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.

Property Market Heat Gauge for TR19 (Penzance) - Apr 2026

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Calartha Terrace, B3306 Between St Ives Road And St Johns Terrace, Boscaswell Downs, Penzance, TR19 7DX	£195,000	£187,000	-£8,000	24 Apr 2025	19 Feb 2026	301 Days
37 Talveneth, Penzance, TR19 7UT	£200,000	£197,500	-£2,500	12 Feb 2025	21 Jan 2026	343 Days
16 Hillside Cottages, Trewellard, Pendeen, TR19 7SS	£599,950	£590,000	-£9,950	24 Feb 2025	15 Jan 2026	325 Days
Horizon View, Parc An Peath, St. Buryan, St Buryan, TR19 6EW	£525,000	£525,000	£0	05 Mar 2025	17 Nov 2025	257 Days
5 Rose Cottage, B3306 Between Carnyorth Terrace And Parc An Yorth, Carnyorth, Penzance, TR19 7QD	£180,000	£170,000	-£10,000	06 May 2025	13 Nov 2025	191 Days
Goldings, Cape Cornwall Street, St. Just, St Just, TR19 7JX	£550,000	£535,000	-£15,000	14 Jul 2025	03 Nov 2025	112 Days
5 Moorland Close, Lower Boscaswell, Penzance, TR19 7EF	£225,000	£225,000	£0	05 Nov 2024	29 Oct 2025	358 Days
The Pad, Botallack Moor, Botallack, Penzance, TR19 7QH	£325,000	£301,230	-£23,770	10 Feb 2025	17 Oct 2025	249 Days
8 Boscaswell Terrace, Penzance, TR19 7DS	£239,000	£225,000	-£14,000	11 Feb 2025	17 Oct 2025	248 Days
14 Levant Road, Trewellard, Penzance, TR19 7SU	£360,000	£350,000	-£10,000	06 Jun 2025	10 Oct 2025	126 Days
33 Lafrowda Close, Penzance, TR19 7HZ	£195,000	£182,500	-£12,500	16 Jun 2025	08 Oct 2025	114 Days
10 Iris Cottage, The Square, Penzance, TR19 7DN	£280,000	£265,000	-£15,000	11 Nov 2024	02 Oct 2025	325 Days
7 Victoria Row, Penzance, TR19 7LF	£250,000	£245,000	-£5,000	13 Jan 2025	24 Sep 2025	254 Days
4b, Cherry Garden Street, Penzance, TR19 6RN	£300,000	£280,000	-£20,000	02 Jun 2025	19 Sep 2025	109 Days
15 Fishing Buoy Flat, Mayon Farm, Penzance, TR19 7AD	£185,000	£167,500	-£17,500	09 Oct 2024	12 Sep 2025	338 Days
24a, Regent Terrace, St. Just, St Just, TR19 7LE	£395,000	£395,000	£0	29 May 2025	09 Sep 2025	103 Days
2 Trungle Parc, Penzance, TR19 6XB	£375,000	£346,532	-£28,468	25 Oct 2024	01 Sep 2025	311 Days
23 Queen Street, Penzance, TR19 7JW	£325,000	£315,000	-£10,000	13 Sep 2024	28 Aug 2025	349 Days
Lower Flat, Fern Hill, Marias Lane, Penzance, TR19 7BX	£499,000	£475,000	-£24,000	13 Mar 2025	20 Aug 2025	160 Days
8 Church Road, Pendeen, TR19 7SE	£140,000	£120,000	-£20,000	11 Apr 2025	18 Aug 2025	129 Days

Most Expensive Streets in TR19 (Penzance)

Postcode	Street	Area	Average	No. of Sales
TR19 6PP	The Parade	Penzance	£1,100,000	3
TR19 6NJ	Access To Raginnis Farm, Raginnis	Penzance	£786,250	4
TR19 6QT	Cliff Road, Mousehole	Penzance	£716,000	5
TR19 6QX	South Cliff, Mousehole	Penzance	£686,366	5
TR19 7AX	Sunny Corner Lane, Sennen	Penzance	£663,530	15
TR19 6PT	Polvellan, The Parade	Penzance	£593,333	3
TR19 6FF	Menhyr Close, St. Buryan, St Buryan	Penzance	£590,000	3
TR19 6QW	Duck Street	Penzance	£580,666	3
TR19 6EW	Parc An Peath	Penzance	£506,250	6
TR19 6BB	Lowena Close	Penzance	£489,000	4

Least Expensive Streets in TR19 (Penzance)

Postcode	Street	Area	Average	No. of Sales
TR19 7HG	Corner House, Market Square	Penzance	£165,500	4
TR19 7JL	Bosorne Road	Penzance	£166,333	3
TR19 7TJ	Portherras Villas, Pendeen	Penzance	£169,333	3
TR19 7ET	Park An Pyth, Lower Boscaswell	Penzance	£170,000	4
TR19 7JZ	Cape Cornwall Street	Penzance	£171,785	7
TR19 7EF	Moorland Close, Lower Boscaswell	Penzance	£172,375	4
TR19 6AX	The Old Hotel, The Valley	Penzance	£185,000	3
TR19 7JB	West Place	Penzance	£195,750	4
TR19 7UT	Talveneth	Penzance	£199,346	16
TR19 7LX	Bosorne Street	Penzance	£202,800	5