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Newlyn House Prices

The average house price in Newlyn is £154,000 using HM Land Registry data.

The average property price increased by £143,748 (57.56%) over the last 5 years and increased by £28,729 (7.88%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 5 transactions (-12.82%) relative to the previous year. The majority of house sales (9) were in the £242,000 - £304,000 range. Then came properties in the £366,000 - £428,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,811 (-3%).

In May 2025, there were 12 new estate agency instructions, 6 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Newlyn

57.56%

Property prices in Newlyn increased by 57.56% 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

7.88%

Property prices in Newlyn increased by 7.88% 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 - May 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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
4 Charles Street, Newlyn, Penzance, Cornwall, TR18 5QB	£265,000	£255,000	-£10,000	02 Sep 2024	31 Jan 2025	151 Days
15 Quillet Road, Newlyn, Penzance, Cornwall, TR18 5QR	£390,000	£372,000	-£18,000	13 Aug 2024	12 Dec 2024	121 Days
Palanga, The Bowjey Hill, Newlyn, Penzance, Cornwall, TR18 5LN	£455,000	£436,000	-£19,000	13 Jun 2024	22 Nov 2024	162 Days
17 Faugan Road, Newlyn, Penzance, Cornwall, TR18 5DH	£295,000	£262,000	-£33,000	22 Mar 2024	20 Nov 2024	243 Days
37 Gurnick Road, Newlyn, Penzance, Cornwall, TR18 5DG	£375,000	£370,000	-£5,000	26 Feb 2024	08 Nov 2024	256 Days
6 Sea View Terrace, Newlyn, Penzance, Cornwall, TR18 5PE	£350,000	£340,000	-£10,000	26 Apr 2024	21 Oct 2024	178 Days
29a, St Peters Hill, Newlyn, Penzance, Cornwall, TR18 5EH	£440,000	£430,000	-£10,000	08 Sep 2023	16 Oct 2024	404 Days
24 Jack Lane, Newlyn, Penzance, Cornwall, TR18 5HZ	£225,000	£200,000	-£25,000	08 Dec 2023	06 Aug 2024	242 Days
4 Elms Close Terrace, Newlyn, Penzance, Cornwall, TR18 5AU	£850,000	£785,000	-£65,000	14 Jul 2023	09 Feb 2024	210 Days
21 Treveneth Crescent, Newlyn, Penzance, Cornwall, TR18 5NG	£200,000	£187,500	-£12,500	15 May 2023	23 Jan 2024	253 Days
10 Gurnick Estate, Newlyn, Penzance, Cornwall, TR18 5DU	£625,000	£620,000	-£5,000	18 Aug 2023	18 Jan 2024	153 Days
6 Ebenezer Place, Newlyn, Penzance, Cornwall, TR18 5ER	£255,000	£250,000	-£5,000	16 Aug 2023	03 Nov 2023	79 Days
4 Chyvellas Close, Newlyn, Penzance, Cornwall, TR18 5RB	£415,000	£385,000	-£30,000	15 Feb 2023	31 Oct 2023	258 Days
41 Forbes Road, Newlyn, Penzance, Cornwall, TR18 5DQ	£200,000	£200,000	£0	12 Jan 2023	20 Oct 2023	281 Days
Fairholme, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5HG	£380,000	£380,000	£0	04 Apr 2023	20 Oct 2023	199 Days
Morvah House, Chywoone Hill, Newlyn, Penzance, Cornwall, TR18 5AP	£875,000	£863,000	-£12,000	23 May 2023	30 Sep 2023	130 Days
30 The Fradgan, Newlyn, Penzance, Cornwall, TR18 5BE	£480,000	£329,500	-£150,500	12 Oct 2020	26 Sep 2023	1079 Days
2 Old Paul Hill, Newlyn, Penzance, Cornwall, TR18 5BT	£230,000	£230,000	£0	26 Jul 2023	15 Sep 2023	51 Days
12a, Garth Road, Newlyn, Penzance, Cornwall, TR18 5QJ	£460,000	£451,000	-£9,000	28 Jun 2023	08 Sep 2023	72 Days
12 Charles Street, Newlyn, Penzance, Cornwall, TR18 5QB	£225,000	£220,000	-£5,000	17 Jan 2023	13 Jul 2023	177 Days

Most Expensive Streets in Newlyn

Postcode	Street	Area	Average	No. of Sales
TR18 5DG	Gurnick Road	Penzance	£413,825	6
TR18 5LW	Bowjey Hill	Penzance	£405,750	4
TR18 5ED	Belle Vue	Penzance	£390,000	4
TR18 5QA	Carne Road	Penzance	£384,375	4
TR18 5BZ	Bon Villas	Penzance	£381,666	3
TR18 5AY	Kenstella Road	Penzance	£378,333	3
TR18 5QW	St Golder Road	Penzance	£373,750	4
TR18 5EH	St Peters Hill	Penzance	£363,000	5
TR18 5RB	Chyvellas Close	Penzance	£358,000	5
TR18 5BD	Fradgan Place	Penzance	£341,000	5

Least Expensive Streets in Newlyn

Postcode	Street	Area	Average	No. of Sales
TR18 5NG	Treveneth Crescent	Penzance	£192,500	3
TR18 5JE	Boase Street	Penzance	£193,409	11
TR18 5PT	Florence Place	Penzance	£200,750	4
TR18 5BG	Orchard Place	Penzance	£208,875	4
TR18 5EP	Eden Gardens	Penzance	£215,807	4
TR18 5QB	Charles Street	Penzance	£216,714	7
TR18 5ER	Ebenezer Place	Penzance	£218,650	3
TR18 5EB	Gwel Mor	Belle Vue	£219,666	3
TR18 5PZ	New Road	Penzance	£224,333	6
TR18 5AS	Parc Terrace	Chywoone Hill	£225,714	7