Houses for sale in Penhallow, TR4, Cornwall

There are 48 results for Penhallow, TR4, Cornwall. Property prices across these results range from £193k to £982k with an average price of £526k.


Properties for sale near Penhallow, TR4

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Property market around Penhallow

Average asking price £430k within 3 km · typical £425k
Most prices £98k – £899k within 3 km
Homes for sale 0 in Penhallow · 95 within 3 km
New to the market 17 in the last 30 days · within 3 km
Typical time to sell 4 months last 12 months · within 3 km
Asking prices, year on year −9.4% homes newly listed · within 3 km
Typical sold price £370k 58 sales in 12 months · within 3 km
Gross rental yield 6.0–6.8% houses 6.0%, flats 6.8% · within 3 km

What's for sale

95 homes within 3 km of Penhallow · share, count and typical price
Detached houses 27.4% 26 · £638k
Bungalows 20.0% 19 · £370k
Other homes 15.8% 15 · £260k
Semi-detached houses 12.6% 12 · £430k
Park and mobile homes 9.5% 9 · £100k
Flats and apartments 7.4% 7 · £210k
Terraced houses 7.4% 7 · £435k

How many bedrooms

within 3 km of Penhallow · share, count and typical price
1 bedroom 3.2% 3 · £185k
2 bedrooms 26.3% 25 · £200k
3 bedrooms 31.6% 30 · £385k
4 bedrooms 29.5% 28 · £550k
5+ bedrooms 9.5% 9 · £725k

Price bands

95 homes within 3 km of Penhallow
Under £200k 23.2% 22
£200k – £350k 17.9% 17
£350k – £490k 20.0% 19
£490k – £680k 22.1% 21
£680k and over 16.8% 16

Houses and flats compared

HousesFlats
Share of homes for sale67%7%
Typical asking price£490k£210k
Average bedrooms3.51.9
Typical time to sell5 months3 months
Gross rental yield6.0%6.8%

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Penhallow · +3.0% since 2024 Q4 Median asking price per quarter in Penhallow 2024 Q4: £413k (34 new listings) £413k 2024 Q4 2025 Q1: £538k (42 new listings) £538k 2025 Q1 2025 Q2: £333k (72 new listings) £333k 2025 Q2 2025 Q3: £427k (38 new listings) £427k 2025 Q3 2025 Q4: £375k (25 new listings) £375k 2025 Q4 2026 Q1: £395k (38 new listings) £395k 2026 Q1 2026 Q2: £318k (46 new listings) £318k 2026 Q2 2026 Q3: £425k (56 new listings) £425k 2026 Q3

Based on 95 homes for sale on Houses now, 171 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 Penhallow

What is the average house price in Penhallow?

There are no homes for sale in Penhallow itself right now, so these figures cover the 95 homes for sale within 3 km. The average home for sale within 3 km of Penhallow is priced at £430,000. A typical home, the one in the middle of the range, is £425,000.

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

A typical 2-bedroom home within 3 km of Penhallow costs £200,000 and a 3-bedroom home £385,000. So the extra bedroom adds about £185,000. 1-bedroom homes start at around £185,000, and 4-bedroom homes are about £550,000.

What price range should I expect in Penhallow?

Most homes within 3 km of Penhallow are priced between £98,000 and £899,000, leaving out the very cheapest and most expensive. One in five costs less than £200,000, and one in five £680,000 or more.

How many homes are for sale in Penhallow?

There are no homes for sale in Penhallow on Houses right now. Within 3 km there are 95, and the listings on this page include the nearest of them. 17 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Penhallow?

No, they are falling. Homes put up for sale within 3 km of Penhallow over the last 12 months were advertised at a typical £375,000, 9.4% lower than the year before (£414,000). By size, 2-bedroom homes are down 41%, 3-bedroom homes are down 7% and 4-bedroom homes are down 7%.

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

Within 3 km of Penhallow, homes usually sell or come off the market within about 4 months. About 21% go within the first month, and a quarter take longer than about 9 months. Flats go faster, in about 3 months against about 5 months for houses.

What do homes actually sell for in Penhallow?

In the year to July 2026, 58 homes sold within 3 km of Penhallow at a typical price of £370,000, according to HM Land Registry. Asking prices today are a little higher, at £425,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Penhallow?

About 6.8% gross for flats and 6.0% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penhallow over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penhallow?

Detached houses are the most common, about a quarter of homes for sale within 3 km of Penhallow. Bungalows come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £210,000, and detached houses the most expensive, at about £638,000.

Are homes in Penhallow freehold or leasehold?

About three quarters of homes for sale within 3 km of Penhallow are freehold and the rest leasehold, which is mostly flats.