Houses for sale in Penrose, PL27, Cornwall

There are 51 results for Penrose, PL27, Cornwall. Property prices across these results range from £20k to £1.45M with an average price of £338k.


Properties for sale in Penrose, PL27, Cornwall

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Properties for sale near Penrose, PL27

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Property market around Penrose

Average asking price £341k within 3 km · typical £253k
Most prices £20k – £1.48M within 3 km
Homes for sale 3 in Penrose · 72 within 3 km
New to the market 6 in the last 30 days · within 3 km
Typical time to sell 6 months last 12 months · within 3 km
Asking prices, year on year −10.5% homes newly listed · within 3 km
Typical sold price £363k 25 sales in 12 months · within 3 km
Gross rental yield 5.2–6.6% houses 5.2%, flats 6.6% · within 3 km

What's for sale

72 homes within 3 km of Penrose · share, count and typical price
Detached houses 25.0% 18 · £572k
Park and mobile homes 20.8% 15 · £70k
Bungalows 19.4% 14 · £235k
Semi-detached houses 15.3% 11 · £285k
Other homes 8.3% 6 · £573k
Terraced houses 6.9% 5 · £260k
Land and plots 4.2% 3 · £375k

How many bedrooms

within 3 km of Penrose · share, count and typical price
2 bedrooms 39.1% 27 · £70k
3 bedrooms 37.7% 26 · £283k
4 bedrooms 17.4% 12 · £600k
5+ bedrooms 5.8% 4 · £1.09M

Price bands

72 homes within 3 km of Penrose
Under £70k 20.8% 15
£70k – £170k 15.3% 11
£170k – £310k 23.6% 17
£310k – £600k 19.4% 14
£600k and over 20.8% 15

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Penrose · −7.4% since 2024 Q4 Median asking price per quarter in Penrose 2024 Q4: £270k (38 new listings) £270k 2024 Q4 2025 Q1: £335k (45 new listings) £335k 2025 Q1 2025 Q2: £270k (41 new listings) £270k 2025 Q2 2025 Q3: £335k (32 new listings) £335k 2025 Q3 2025 Q4: £350k (27 new listings) £350k 2025 Q4 2026 Q1: £219k (28 new listings) £219k 2026 Q1 2026 Q2: £267k (26 new listings) £267k 2026 Q2 2026 Q3: £250k (41 new listings) £250k 2026 Q3

Prices in and around Penrose

typical asking price, cheapest first
  1. Tregolds £150k
  2. Saint Ervan £495k

Based on 72 homes for sale on Houses now, 135 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 Penrose

What is the average house price in Penrose?

There are only 3 homes for sale in Penrose itself, so these figures cover the 72 homes for sale within 3 km. The average home for sale within 3 km of Penrose is priced at £341,000. A few very expensive homes pull that average up, so a more typical price is £253,000.

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

A typical 2-bedroom home within 3 km of Penrose costs £70,000 and a 3-bedroom home £283,000. So the extra bedroom adds about £213,000. 4-bedroom homes are about £600,000.

What price range should I expect in Penrose?

Most homes within 3 km of Penrose are priced between £20,000 and £1.48 million, leaving out the very cheapest and most expensive. One in five costs less than £70,000, and one in five £600,000 or more.

How many homes are for sale in Penrose?

There are 3 homes for sale in Penrose on Houses right now. Within 3 km there are 72, and the listings on this page include the nearest of them. 6 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Penrose?

No, they are falling. Homes put up for sale within 3 km of Penrose over the last 12 months were advertised at a typical £255,000, 11% lower than the year before (£285,000). By size, 2-bedroom homes are down 37%, 3-bedroom homes are down 7% and 4-bedroom homes are up 24%.

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

Within 3 km of Penrose, homes usually sell or come off the market within about 6 months. About 14% go within the first month, and a quarter take longer than about 11 months. Houses go faster, in about 6 months against about 15 months for flats.

What do homes actually sell for in Penrose?

In the year to July 2026, 25 homes sold within 3 km of Penrose at a typical price of £363,000, according to HM Land Registry.

What rental yield can I get in Penrose?

About 6.6% gross for flats and 5.2% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penrose over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penrose?

Detached houses are the most common, about a quarter of homes for sale within 3 km of Penrose. Bungalows come next, followed by semi-detached houses. Bungalows are the cheapest, at about £235,000, and detached houses the most expensive, at about £572,000.

Where are the cheapest places to buy near Penrose?

Of the areas around Penrose, Tregolds is the cheapest, with a typical asking price of £150,000, followed by Saint Ervan (£495,000).

Are homes in Penrose freehold or leasehold?

About 7 in 10 homes for sale within 3 km of Penrose are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.