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Newlyn House Prices

The average house price in Newlyn is £242,000 using HM Land Registry data.

The average property price increased by £63,516 (21.64%) over the last 5 years and increased by £12,697 (3.69%) over the last 12 months.

Over the last year, there were 37 residential property sales – a decrease of 15 transactions (-40.54%) relative to the previous year. The majority of house sales (11) were in the £120,000 - £202,000 range. Then came properties in the £202,000 - £284,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 11 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,900 (-4%).

In Apr 2026, there were 14 new estate agency instructions, 9 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Newlyn

21.64%

Property prices in Newlyn increased by 21.64% 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 Newlyn Over the Last Year

3.69%

Property prices in Newlyn increased by 3.69% 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 Newlyn - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Newlyn

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 Newlyn

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 Newlyn

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 Newlyn since 1995

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

Recent Property Sales in Newlyn

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Gwithel Gwavas, Penzance, TR18 5LT	£400,000	£365,000	-£35,000	25 Jun 2025	20 Feb 2026	240 Days
9 Park Road, Penzance, TR18 5DZ	£245,000	£238,000	-£7,000	02 Oct 2025	03 Feb 2026	124 Days
6 Jack Lane, Penzance, TR18 5HZ	£395,000	£360,000	-£35,000	23 Jul 2025	23 Jan 2026	184 Days
23 Kenstella Road, Penzance, TR18 5AY	£340,000	£330,000	-£10,000	21 Jun 2025	28 Nov 2025	160 Days
1 Malt House Gardens, Penzance, TR18 5EX	£470,000	£460,000	-£10,000	17 Apr 2025	05 Nov 2025	202 Days
1 Ebenezer Place, Penzance, TR18 5ER	£200,000	£195,000	-£5,000	24 Mar 2025	14 Oct 2025	204 Days
11 Chapel Cottage, Chywoone Hill, Penzance, TR18 5AG	£215,000	£200,000	-£15,000	16 Aug 2024	04 Jun 2025	292 Days
17 Orchard Place, Penzance, TR18 5BG	£265,000	£265,000	£0	12 Dec 2024	04 Apr 2025	113 Days
7 Tregie, Penzance, TR18 5QY	£280,000	£270,000	-£10,000	16 May 2024	31 Mar 2025	319 Days
Flat 8, The Malt House, Chywoone Hill, Penzance, TR18 5AJ	£345,000	£335,000	-£10,000	12 Sep 2024	21 Mar 2025	190 Days

Most Expensive Streets in Newlyn

Postcode	Street	Area	Average	No. of Sales
TR18 5QP	Restormel Road	Newlyn	£556,250	4
TR18 5DU	Gurnick Estate	Newlyn	£545,000	4
TR18 5DG	Gurnick Road	Penzance	£470,750	4
TR18 5QA	Carne Road	Penzance	£419,500	5
TR18 5ED	Belle Vue	Penzance	£411,666	3
TR18 5EH	St Peters Hill	Penzance	£410,000	4
TR18 5BH	Highfields	Bon Cot Road	£409,666	3
TR18 5QW	St Golder Road	Penzance	£385,000	5
TR18 5BD	Fradgan Place	Penzance	£384,375	4
TR18 5AY	Kenstella Road	Penzance	£377,000	5

Least Expensive Streets in Newlyn

Postcode	Street	Area	Average	No. of Sales
TR18 5PT	Florence Place	Newlyn	£185,600	5
TR18 5NG	Treveneth Crescent	Penzance	£192,500	3
TR18 5ER	Ebenezer Place	Penzance	£200,333	3
TR18 5JE	Boase Street	Penzance	£205,642	7
TR18 5BE	The Fradgan	Newlyn	£207,833	3
TR18 5BG	Orchard Place	Newlyn	£208,600	5
TR18 5QB	Charles Street	Newlyn	£215,250	8
TR18 5HW	The Strand	Newlyn	£216,666	3
TR18 5JR	Fore Street	Penzance	£216,666	3
TR18 5EB	Gwel Mor	Belle Vue	£219,666	3