Penarth House Prices Penarth House Prices

The average house price in Penarth is £359,648 using HM Land Registry data.

The average property price increased by £119,988 (38.78%) over the last 5 years and increased by £24,036 (5.93%) over the last 12 months.

Over the last year, there were 343 residential property sales – a decrease of 32 transactions (-9.33%) relative to the previous year. The majority of house sales (85) were in the £250,000 - £350,000 range. Then came properties in the £150,000 - £250,000 range, where 80 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 177 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,633 (-3%).

In January 2025, there were 67 new estate agency instructions, 62 agreed home sales and 54 property price reductions.

5-Year Average Property Prices in Penarth

38.78%

Property prices in Penarth increased by 38.78% 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 Penarth Over the Last Year

5.93%

Property prices in Penarth increased by 5.93% 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 Penarth - January 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 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 Penarth

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 Penarth

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 Penarth

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 Penarth since 1995

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

Recent Property Sales in Penarth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Dinas Road, Penarth, The Vale Of Glamorgan, CF64 3PL£425,000£425,000£005 Aug 202412 Dec 2024129 Days
12 Vale View Crescent, Llandough, Penarth, The Vale Of Glamorgan, CF64 2NZ£265,000£260,000-£5,00023 Aug 202409 Dec 2024108 Days
14 St Annes Avenue, Penarth, The Vale Of Glamorgan, CF64 3PG£585,000£540,000-£45,00022 Jun 202409 Dec 2024170 Days
6 Cedar Way, Penarth, The Vale Of Glamorgan, CF64 3NL£410,000£392,500-£17,50025 Mar 202428 Nov 2024248 Days
11 West Terrace, Penarth, The Vale Of Glamorgan, CF64 2TX£350,000£342,500-£7,50008 Aug 202322 Nov 2024472 Days
41 Cosmeston Drive, Penarth, The Vale Of Glamorgan, CF64 5FA£300,000£292,500-£7,50012 Aug 202418 Nov 202498 Days
Flat 41, Homeside House, Bradford Place, Penarth, The Vale Of Glamorgan, CF64 1NR£105,000£95,000-£10,00024 Apr 202414 Nov 2024204 Days
Flat 6, Homeside House, Bradford Place, Penarth, The Vale Of Glamorgan, CF64 1NR£115,000£110,000-£5,00016 Nov 202314 Nov 2024364 Days
Flat 25, Alexandra Court, The Esplanade, Penarth, The Vale Of Glamorgan, CF64 3LA£260,000£245,000-£15,00026 Apr 202412 Nov 2024200 Days
Rectory Lodge, Leckwith Road, Llandough, Penarth, The Vale Of Glamorgan, CF64 2LY£1,250,000£379,000-£871,00019 Aug 201711 Nov 20242641 Days
7 Fairfield Road, Penarth, The Vale Of Glamorgan, CF64 2SN£415,000£398,500-£16,50016 May 202408 Nov 2024176 Days
8 Ludlow Street, Penarth, The Vale Of Glamorgan, CF64 1EW£330,000£320,000-£10,00014 Jul 202331 Oct 2024475 Days
37 Gwent, Northcliffe, Penarth, The Vale Of Glamorgan, CF64 1DY£220,000£220,000£022 Jul 202429 Oct 202499 Days
Flat 39, Cwrt Jubilee, Plymouth Road, Penarth, The Vale Of Glamorgan, CF64 3DQ£104,950£98,000-£6,95007 Jul 201724 Oct 20242666 Days
75 Lewis Road, Llandough, Penarth, The Vale Of Glamorgan, CF64 2LX£275,000£265,000-£10,00015 May 202418 Oct 2024156 Days
3 The Moorings, Penarth Haven, Penarth, The Vale Of Glamorgan, CF64 1SG£210,000£205,000-£5,00018 Oct 202317 Oct 2024365 Days
7 Dingle Road, Penarth, The Vale Of Glamorgan, CF64 2TW£475,000£467,500-£7,50004 Jul 202417 Oct 2024105 Days
1 Church Avenue, Penarth, The Vale Of Glamorgan, CF64 1AZ£950,000£915,000-£35,00006 Mar 202416 Oct 2024224 Days
18 Woodland Drive, Penarth, The Vale Of Glamorgan, CF64 2EW£370,000£355,000-£15,00022 Mar 202416 Oct 2024208 Days
2a, Robinswood Crescent, Penarth, The Vale Of Glamorgan, CF64 3JE£599,950£592,500-£7,45013 May 202423 Aug 2024102 Days

Most Expensive Streets in Penarth

PostcodeStreetAreaAverageNo. of Sales
CF64 3BGMarine ParadePenarth£1,853,3333
CF64 5BPCliff ParadePenarth£1,808,3333
CF64 3BDPark RoadPenarth£1,472,5004
CF64 3DBPlymouth RoadPenarth£1,283,0005
CF64 5DGPlymouth RoadPenarth£1,167,5004
CF64 3HYVictoria RoadPenarth£1,036,2508
CF64 3HNCwrt Y Vil RoadPenarth£984,3656
CF64 5RYWhitcliffe DrivePenarth£931,0005
CF64 3HPCwrt Y Vil RoadPenarth£928,3333
CF64 3HXVictoria RoadPenarth£903,3333

Least Expensive Streets in Penarth

PostcodeStreetAreaAverageNo. of Sales
CF64 2NFCogan CourtCogan Pill Road£107,8333
CF64 2LHRowan HouseBridge Street, Penarth£121,0003
CF64 2NQCogan CourtCogan Pill Road£122,5905
CF64 1NRHomeside HouseBradford Place£123,31729
CF11 0JTAlderney HouseFerry Court£130,0003
CF11 0JBFlatholm HouseFerry Court£132,7504
CF11 0JHLady Isle HouseFerry Court£134,3336
CF11 0JFJones Point HouseFerry Court£134,6663
CF11 0JGKilcredaun HouseFerry Court£136,3333
CF64 3DQCwrt JubileePlymouth Road£137,01621

Explore Penarth and Neighbouring Area House Prices