Houses for sale in Penrith, Cumbria
House Prices in Penrith
Properties in Penrith have an average house price of £275k and had 1,777 Property Transactions within the last 3 years.¹
Penrith is an area in Cumbria with 17,035 households², where the most expensive property was sold for £1.52M.
Properties for sale in Penrith
Neighbourhoods in Penrith
Navigate through our locations to find the location of your next house in Penrith, Cumbria for sale or to rent.
- Askham
- Crosby Ravensworth
- Dacre
- Eamont
- Greystoke
- Hartside
- Hesket
- Kirkby Thore
- Kirkoswald
- Langwathby
- Lazonby
- Long Marton
- Morland
- Orton With Tebay
- Penrith Carleton
- Penrith East
- Penrith North
- Penrith Pategill
- Penrith South
- Penrith West
- Shap
- Skelton
- Ullswater
- Hesket And Lazonby
- Alston And Fellside
- Eden And Lyvennet Vale
- Eamont And Shap
- Kirkby Stephen And Tebay
- Greystoke And Ullswater
Property price trends in Penrith
According to the latest Land Registry data, the average home in Penrith sold for £215,459 in 2026. That figure comes from a substantial record of 19,911 sales logged over the past 31 years.
Prices have fallen back over the last three years. Compared with 2023, when the typical sale came in around £283,352, that's a fall of roughly 24%.
Looking back five years, average prices are down about 15.8% since 2021, a drop of around £40,400 in cash terms.
Zoom out to the past decade for the fuller picture. Back in 2016, homes here averaged £204,908, so the typical sold price has climbed about 5.1% since then, roughly 0.5% a year. Stretch the view to fifteen years and that annual pace holds at about 0.3%.
Frequently asked questions about Penrith
What is the average price for a property for sale in Penrith?
The average price for a property for sale in Penrith is £274,726. This amount is 22% higher than the average price in Cumbria. There are more than 10,000 property listings for sale in Penrith.
What locations have the most expensive properties for sale in Penrith?
The locations with the most expensive properties for sale in Penrith are Ullswater at an average of £487,830, Crosby Ravensworth at an average of £399,452 and Askham at an average of £399,268.
What locations have the most affordable properties for sale in Penrith?
The locations with the most affordable properties for sale in Penrith are Penrith Pategill at an average of £165,118, Penrith West at an average of £176,542 and Penrith South at an average of £196,823.
Which train stations are available in or near Penrith?
Some of the train stations available in or near Penrith are Penrith, Langwathby and Lazonby and Kirkoswald.
Property Price Paid in Penrith by Year
The average sold property price by year was:
| Year | Average Sold Price | Price Change |
Sold Properties
|
|---|---|---|---|
| 2026 | £215,459 | -25% |
37 Properties |
| 2025 | £270,396 | -1% |
563 Properties |
| 2024 | £273,420 | -4% |
556 Properties |
| 2023 | £283,352 | 4% |
621 Properties |
| 2022 | £271,463 | 6% |
723 Properties |
| 2021 | £255,859 | 6% |
813 Properties |
| 2020 | £241,468 | 3% |
665 Properties |
| 2019 | £233,696 | 0,4% |
734 Properties |
| 2018 | £232,764 | 4% |
780 Properties |
| 2017 | £222,599 | 8% |
678 Properties |
Property Price per Property Type in Penrith
Here you can find historic sold price data in order to help with your property search.
The average Property Paid Price for specific property types in the last three years are:
| Property Type | Average Sold Price | Sold Properties |
|---|---|---|
| Semi Detached House | £244,672.00 | 501 Semi Detached Houses |
| Terraced House | £197,496.00 | 469 Terraced Houses |
| Detached House | £404,833.00 | 602 Detached Houses |
| Flat | £142,791.00 | 205 Flats |
Transport in Penrith
Please see below transportation links in this area: