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Penrith House Prices

The average house price in Penrith is £321,665 using HM Land Registry data.

The average property price increased by £25,444 (11.36%) over the last 5 years and increased by £5,087 (2.08%) over the last 12 months.

Over the last year, there were 262 residential property sales – a decrease of 36 transactions (-13.74%) relative to the previous year. The majority of house sales (66) were in the £164,000 - £218,000 range. Then came properties in the £218,000 - £272,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,843 (-3%).

In Aug 2026, there were 42 new estate agency instructions, 28 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Penrith

11.36%

Property prices in Penrith increased by 11.36% 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 Penrith Over the Last Year

2.08%

Property prices in Penrith increased by 2.08% 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 Penrith - Aug 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Penrith

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 Penrith

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 Penrith

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 Penrith since 1995

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

Recent Property Sales in Penrith

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Flatts Cottages, Benson Row, Penrith, CA11 7YJ	£220,000	£210,000	-£10,000	10 Mar 2026	17 Jul 2026	129 Days
18 Parklands Way, Penrith, CA11 8SD	£425,000	£420,000	-£5,000	26 Jan 2026	16 Jul 2026	171 Days
23 Huntley Avenue, Penrith, CA11 8NU	£265,000	£260,000	-£5,000	30 Jul 2025	15 Jul 2026	350 Days
2 Freesia Gardens, Penrith, CA11 8FP	£420,000	£410,000	-£10,000	08 Dec 2025	13 Jul 2026	217 Days
8 Poplar Place, Scotland Road, Penrith, CA11 9HN	£189,850	£189,850	£0	23 Oct 2025	06 Jul 2026	256 Days
3 Macadam Gardens, Penrith, CA11 9HS	£295,000	£285,000	-£10,000	05 Mar 2026	03 Jul 2026	120 Days
13 Hawthorn Drive, Penrith, CA11 8WF	£235,000	£230,000	-£5,000	05 Feb 2026	03 Jul 2026	148 Days
49a, Wordsworth Street, Penrith, CA11 7QY	£495,000	£480,000	-£15,000	26 Dec 2025	01 Jul 2026	187 Days
24 Castletown Drive, Penrith, CA11 9ES	£225,000	£215,000	-£10,000	17 Dec 2025	30 Jun 2026	195 Days
14 Musgrave Street, Penrith, CA11 9AS	£198,000	£198,000	£0	22 Jan 2026	26 Jun 2026	155 Days
101 Pategill Road, Pategill, Penrith, CA11 8LH	£190,000	£183,000	-£7,000	20 Dec 2025	26 Jun 2026	188 Days
99 Primrose Drive, Penrith, CA11 8FD	£279,950	£277,500	-£2,450	20 Aug 2025	25 Jun 2026	309 Days
3 Union Terrace, Norfolk Road, Penrith, CA11 9DY	£260,000	£260,000	£0	30 Jan 2026	23 Jun 2026	144 Days
5 Carleton Place, Penrith, CA11 8LW	£285,000	£285,000	£0	12 Sep 2025	18 Jun 2026	279 Days
15 Sandgate Court, Sandgate, Penrith, CA11 7TG	£175,000	£166,000	-£9,000	01 Sep 2025	18 Jun 2026	290 Days
Apartment 10, Pele Court, Friargate, Penrith, CA11 7XT	£165,000	£150,000	-£15,000	27 Jan 2026	15 Jun 2026	139 Days
20 Carleton Hall Gardens, Penrith, CA10 2AL	£375,000	£375,000	£0	16 Jan 2026	12 Jun 2026	147 Days
61 Carleton Meadows, Penrith, CA11 8UR	£425,000	£425,000	£0	10 Dec 2025	11 Jun 2026	183 Days
22 Brentfield Way, Penrith, CA11 8DL	£280,000	£280,000	£0	15 Sep 2025	10 Jun 2026	268 Days
54 Brentfield Way, Penrith, CA11 8DL	£249,950	£247,000	-£2,950	27 Dec 2025	10 Jun 2026	165 Days

Most Expensive Streets in Penrith

Postcode	Street	Area	Average	No. of Sales
CA11 7UL	Nicholson Lane	Penrith	£624,745	3
CA11 8QH	Beacon Close	Penrith	£518,333	3
CA11 7UQ	Lowther Street	Penrith	£513,333	3
CA11 8FZ	Mulberry Gardens	Penrith	£502,500	5
CA11 8BJ	Fell Lane	Penrith	£471,666	3
CA11 8EY	Cold Springs Park	Penrith	£467,500	5
CA11 7UF	Lowther Street	Penrith	£456,250	4
CA11 8AL	Manor Park	Carleton	£447,500	4
CA11 8BE	Beacon Gardens	Penrith	£443,750	4
CA11 8PU	Clifford Road	Penrith	£433,333	3

Least Expensive Streets in Penrith

Postcode	Street	Area	Average	No. of Sales
CA11 8UD	Helmsley Close	Penrith	£87,916	6
CA11 8QD	Clifford Close	Penrith	£91,200	5
CA11 7NN	Scotland Road	Penrith	£98,583	3
CA11 7YJ	Hutton Court	Benson Row	£99,650	10
CA11 8EU	Whelpdale House	Roper Street, Penrith	£102,975	11
CA11 8HH	Glasson Court	Penrith	£108,370	12
CA11 9FY	Newton House	Newton Road	£110,562	4
CA11 7PD	Foster Street	Penrith	£111,000	3
CA11 8FJ	Lilac Grove	Penrith	£111,600	4
CA11 9HB	Pembroke Place	Access Road To Pembroke Place From Macadam Way	£113,000	5