Houses for sale in Penelewey, TR3, Cornwall

There are 50 results for Penelewey, TR3, Cornwall. Property prices across these results range from £135k to £3.76M with an average price of £717k.


Properties for sale in Penelewey, TR3, Cornwall

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Properties for sale near Penelewey, TR3

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Property market around Penelewey

Average asking price £709k within 3 km · typical £612k
Most prices £130k – £4.2M within 3 km
Homes for sale 2 in Penelewey · 56 within 3 km
New to the market 8 in the last 30 days · within 3 km
Typical time to sell 11 weeks last 12 months · within 3 km
Asking prices, year on year −42.3% homes newly listed · within 3 km
Typical sold price £530k 55 sales in 12 months · within 3 km
Gross rental yield 5.2–7.2% houses 5.2%, flats 7.2% · within 3 km

What's for sale

56 homes within 3 km of Penelewey · share, count and typical price
Detached houses 48.2% 27 · £825k
Bungalows 17.9% 10 · £592k
Terraced houses 12.5% 7 · £300k
Other homes 10.7% 6 · £213k
Semi-detached houses 8.9% 5 · £319k
Flats and apartments 1.8% 1 · £300k

How many bedrooms

within 3 km of Penelewey · share, count and typical price
2 bedrooms 25.9% 14 · £270k
3 bedrooms 27.8% 15 · £500k
4 bedrooms 33.3% 18 · £973k
5+ bedrooms 13.0% 7 · £1.15M

Price bands

56 homes within 3 km of Penelewey
Under £300k 17.9% 10
£300k – £520k 21.4% 12
£520k – £700k 19.6% 11
£700k – £1M 21.4% 12
£1M and over 19.6% 11

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Penelewey · +0.9% since 2024 Q4 Median asking price per quarter in Penelewey 2024 Q4: £575k (19 new listings) £575k 2024 Q4 2025 Q1: £750k (43 new listings) £750k 2025 Q1 2025 Q2: £650k (50 new listings) £650k 2025 Q2 2025 Q3: £397k (36 new listings) £397k 2025 Q3 2025 Q4: £240k (55 new listings) £240k 2025 Q4 2026 Q1: £238k (32 new listings) £238k 2026 Q1 2026 Q2: £375k (57 new listings) £375k 2026 Q2 2026 Q3: £580k (32 new listings) £580k 2026 Q3

Based on 56 homes for sale on Houses now, 188 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 Penelewey

What is the average house price in Penelewey?

There are only 2 homes for sale in Penelewey itself, so these figures cover the 56 homes for sale within 3 km. The average home for sale within 3 km of Penelewey is priced at £709,000. A few very expensive homes pull that average up, so a more typical price is £612,000.

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

A typical 2-bedroom home within 3 km of Penelewey costs £270,000 and a 3-bedroom home £500,000. So the extra bedroom adds about £230,000. 4-bedroom homes are about £973,000.

What price range should I expect in Penelewey?

Most homes within 3 km of Penelewey are priced between £130,000 and £4.2 million, leaving out the very cheapest and most expensive. One in five costs less than £300,000, and one in five £1 million or more.

How many homes are for sale in Penelewey?

There are 2 homes for sale in Penelewey on Houses right now. Within 3 km there are 56, and the listings on this page include the nearest of them. 8 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Penelewey?

No, they are falling. Homes put up for sale within 3 km of Penelewey over the last 12 months were advertised at a typical £375,000, 42% lower than the year before (£650,000). By size, 2-bedroom homes are down 61%, 3-bedroom homes are down 12% and 4-bedroom homes are down 14%.

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

Within 3 km of Penelewey, homes usually sell or come off the market within about 11 weeks. About 28% go within the first month, and a quarter take longer than about 7 months. Flats go faster, in about 5 weeks against about 13 weeks for houses.

What do homes actually sell for in Penelewey?

In the year to July 2026, 55 homes sold within 3 km of Penelewey at a typical price of £530,000, according to HM Land Registry. Asking prices today are a little higher, at £612,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Penelewey?

About 7.2% gross for flats and 5.2% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penelewey over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penelewey?

Detached houses are the most common, about half of homes for sale within 3 km of Penelewey. Bungalows come next, followed by terraced houses. Terraced houses are the cheapest, at about £300,000, and detached houses the most expensive, at about £825,000.

Are homes in Penelewey freehold or leasehold?

About 9 in 10 homes for sale within 3 km of Penelewey are freehold and the rest leasehold, which is mostly flats.