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Penrith House Prices

The average house price in Penrith is £261,176 using HM Land Registry data.

The average property price increased by £41,941 (19.99%) over the last 5 years and increased by £8,382 (3.44%) over the last 12 months.

Over the last year, there were 253 residential property sales – a decrease of 81 transactions (-32.02%) relative to the previous year. The majority of house sales (62) were in the £166,000 - £222,000 range. Then came properties in the £222,000 - £278,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,398 (-2%).

In May 2025, there were 46 new estate agency instructions, 36 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in Penrith

19.99%

Property prices in Penrith increased by 19.99% 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

3.44%

Property prices in Penrith increased by 3.44% 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 - 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 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
12 Barton View, Penrith, Westmorland And Furness, CA11 8AT	£400,000	£400,000	£0	12 Nov 2024	24 Feb 2025	104 Days
83 Macadam Way, Penrith, Westmorland And Furness, CA11 9HE	£115,000	£105,000	-£10,000	09 Nov 2023	21 Feb 2025	470 Days
4 Mill Terrace, Penrith, Westmorland And Furness, CA11 9AF	£145,000	£145,000	£0	14 Jun 2024	21 Feb 2025	252 Days
17 Monks Close, Penrith, Westmorland And Furness, CA11 9JG	£310,000	£307,000	-£3,000	24 Jul 2024	21 Feb 2025	212 Days
29 Frenchfield Gardens, Penrith, Westmorland And Furness, CA11 8TX	£190,000	£185,000	-£5,000	19 Aug 2024	18 Feb 2025	183 Days
4 Howard Street, Penrith, Westmorland And Furness, CA11 9DL	£185,000	£181,000	-£4,000	01 Nov 2024	17 Feb 2025	108 Days
17 Beacon Park, Penrith, Westmorland And Furness, CA11 7UB	£369,000	£363,000	-£6,000	29 Aug 2024	14 Feb 2025	169 Days
40 Milner Mount, Penrith, Westmorland And Furness, CA11 8EZ	£185,000	£175,000	-£10,000	26 Sep 2024	07 Feb 2025	134 Days
3 Haweswater Close, Penrith, Westmorland And Furness, CA11 9BU	£270,000	£266,000	-£4,000	05 Sep 2024	07 Feb 2025	155 Days
18 Brooklands Grange, Penrith, Westmorland And Furness, CA11 8TQ	£375,000	£375,000	£0	19 Jul 2024	06 Feb 2025	202 Days
Flat 4, Abbotsford House, Wordsworth Street, Penrith, Westmorland And Furness, CA11 7QY	£140,000	£140,000	£0	09 Apr 2024	05 Feb 2025	302 Days
8 Greystoke Park Avenue, Penrith, Westmorland And Furness, CA11 9DB	£210,000	£210,000	£0	12 Aug 2024	04 Feb 2025	176 Days
7 Castletown Drive, Penrith, Westmorland And Furness, CA11 9ES	£215,000	£210,000	-£5,000	07 Jun 2024	31 Jan 2025	238 Days
18 Sandgate, Penrith, Westmorland And Furness, CA11 7TW	£175,000	£162,250	-£12,750	14 Aug 2024	31 Jan 2025	170 Days
122 Graham Street, Penrith, Westmorland And Furness, CA11 9LG	£259,500	£247,500	-£12,000	29 Sep 2024	28 Jan 2025	121 Days
2 Frenchfield Gardens, Penrith, Westmorland And Furness, CA11 8TX	£300,000	£298,000	-£2,000	03 Jul 2024	24 Jan 2025	205 Days
16 Brougham Street, Penrith, Westmorland And Furness, CA11 9DW	£180,000	£173,000	-£7,000	07 May 2024	20 Jan 2025	258 Days
25 Wordsworth Street, Penrith, Westmorland And Furness, CA11 7QY	£475,000	£450,000	-£25,000	05 Jul 2024	13 Jan 2025	192 Days
2 Greystoke Park Road, Penrith, Westmorland And Furness, CA11 9BT	£200,000	£200,000	£0	08 Nov 2024	10 Jan 2025	63 Days
6 Skirsgill Close, Penrith, Westmorland And Furness, CA11 8QF	£330,000	£325,000	-£5,000	16 Sep 2024	06 Jan 2025	112 Days

Most Expensive Streets in Penrith

Postcode	Street	Area	Average	No. of Sales
CA11 8BN	Beacon Edge	Penrith	£631,666	3
CA11 7UL	Nicholson Lane	Penrith	£603,078	3
CA11 8FZ	Mulberry Gardens	Penrith	£509,437	8
CA11 8RE	Winters Park	Carleton Road	£488,833	3
CA11 9GS	Kitchen Gardens	Penrith	£459,962	4
CA11 8BJ	Fell Lane	Penrith	£457,625	4
CA11 8AL	Manor Park	Carleton	£449,000	5
CA11 8BE	Beacon Gardens	Penrith	£443,500	5
CA11 8EY	Cold Springs Park	Penrith	£435,625	4
CA11 7UB	Beacon Park	Penrith	£421,000	3

Least Expensive Streets in Penrith

Postcode	Street	Area	Average	No. of Sales
CA11 8BD	Victoria House	Victoria Road	£74,666	3
CA11 7YJ	Hutton Court	Benson Row	£88,642	7
CA11 8QD	Clifford Close	Penrith	£97,750	5
CA11 8UD	Helmsley Close	Penrith	£100,857	7
CA11 9BE	Norfolk Place	Penrith	£105,067	14
CA11 8EU	Whelpdale House	Roper Street, Penrith	£106,023	10
CA11 8HH	Glasson Court	Penrith	£110,309	16
CA11 9FY	Newton House	Newton Road	£110,562	4
CA11 8HJ	Tynefield Court	Penrith	£111,357	7
CA11 9HB	Pembroke Place	Access Road To Pembroke Place From Macadam Way	£111,500	5