Houses for sale in Penglais, SY23, Ceredigion

There are 48 results for Penglais, SY23, Ceredigion. Property prices across these results range from £117k to £577k with an average price of £291k.


Properties for sale near Penglais, SY23

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Property market around Penglais

Average asking price £278k within 3 km · typical £250k
Most prices £118k – £623k within 3 km
Homes for sale 0 in Penglais · 156 within 3 km
New to the market 20 in the last 30 days · within 3 km
Typical time to sell 5 months last 12 months · within 3 km
Asking prices, year on year +4.2% homes newly listed · within 3 km
Typical sold price £215k 149 sales in 12 months · within 3 km
Gross rental yield 5.0–5.8% houses 5.0%, flats 5.8% · within 3 km

What's for sale

156 homes within 3 km of Penglais · share, count and typical price
Flats and apartments 27.6% 43 · £179k
Terraced houses 27.6% 43 · £250k
Detached houses 15.4% 24 · £418k
Semi-detached houses 12.2% 19 · £240k
Other homes 8.3% 13 · £265k
Bungalows 7.1% 11 · £315k
Land and plots 1.3% 2 · £177k
Park and mobile homes 0.6% 1 · £50k

How many bedrooms

within 3 km of Penglais · share, count and typical price
Studio 0.7% 1 · £300k
1 bedroom 10.5% 16 · £163k
2 bedrooms 27.0% 41 · £195k
3 bedrooms 27.0% 41 · £270k
4 bedrooms 17.1% 26 · £368k
5+ bedrooms 17.8% 27 · £345k

Price bands

156 homes within 3 km of Penglais
Under £180k 21.2% 33
£180k – £230k 18.6% 29
£230k – £280k 21.2% 33
£280k – £360k 17.9% 28
£360k and over 21.2% 33

Houses and flats compared

HousesFlats
Share of homes for sale62%28%
Typical asking price£280k£179k
Average bedrooms3.62.0
Typical time to sell5 months6 months
Typical sold price£229k£174k
Gross rental yield5.0%5.8%

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Penglais · −4.4% since 2024 Q4 Median asking price per quarter in Penglais 2024 Q4: £282k (40 new listings) £282k 2024 Q4 2025 Q1: £243k (80 new listings) £243k 2025 Q1 2025 Q2: £238k (76 new listings) £238k 2025 Q2 2025 Q3: £215k (68 new listings) £215k 2025 Q3 2025 Q4: £235k (55 new listings) £235k 2025 Q4 2026 Q1: £259k (61 new listings) £259k 2026 Q1 2026 Q2: £240k (97 new listings) £240k 2026 Q2 2026 Q3: £270k (77 new listings) £270k 2026 Q3

Prices in and around Penglais

typical asking price, cheapest first
  1. Penparcau £250k
  2. Llanbadarn Fawr £263k
  3. Waun Fawr £330k

Getting to know Penglais

nearest stations

Based on 156 homes for sale on Houses now, 299 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Penglais

What is the average house price in Penglais?

There are no homes for sale in Penglais itself right now, so these figures cover the 156 homes for sale within 3 km. The average home for sale within 3 km of Penglais is priced at £278,000. A few very expensive homes pull that average up, so a more typical price is £250,000.

How much does a 2 or 3 bedroom home cost in Penglais?

A typical 2-bedroom home within 3 km of Penglais costs £195,000 and a 3-bedroom home £270,000. So the extra bedroom adds about £75,000. 1-bedroom homes start at around £163,000, and 4-bedroom homes are about £368,000.

What price range should I expect in Penglais?

Most homes within 3 km of Penglais are priced between £118,000 and £623,000, leaving out the very cheapest and most expensive. One in five costs less than £180,000, and one in five £360,000 or more.

How many homes are for sale in Penglais?

There are no homes for sale in Penglais on Houses right now. Within 3 km there are 156, and the listings on this page include the nearest of them. 20 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Penglais?

Yes. Homes put up for sale within 3 km of Penglais over the last 12 months were advertised at a typical £250,000, 4.2% higher than the year before (£240,000). By size, 2-bedroom homes are down 5% and 3-bedroom homes are up 4%.

How long does it take to sell a home in Penglais?

Within 3 km of Penglais, homes usually sell or come off the market within about 5 months. About 15% go within the first month, and a quarter take longer than about 11 months. Houses go faster, in about 5 months against about 6 months for flats.

What do homes actually sell for in Penglais?

In the year to July 2026, 149 homes sold within 3 km of Penglais at a typical price of £215,000, according to HM Land Registry. Houses sold for about £229,000 and flats for about £174,000. Asking prices today are a little higher, at £250,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Penglais?

About 5.8% gross for flats and 5.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penglais over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penglais?

Flats and apartments are the most common, about a quarter of homes for sale within 3 km of Penglais. Terraced houses come next, followed by detached houses. Flats and apartments are the cheapest, at about £179,000, and detached houses the most expensive, at about £418,000.

Where are the cheapest places to buy near Penglais?

Of the areas around Penglais, Penparcau is the cheapest, with a typical asking price of £250,000, followed by Llanbadarn Fawr (£263,000) and Waun Fawr (£330,000).

Are homes in Penglais freehold or leasehold?

About 8 in 10 homes for sale within 3 km of Penglais are freehold and the rest leasehold, which is mostly flats.

Which train stations are in or near Penglais?

Penglais has no station of its own. The nearest is Aberystwyth.