Houses for sale in Penrith, Cumbria

There are 92 results for Penrith, Cumbria. Property prices in Penrith range from £97k to £590k with an average price of £273k.


Properties for sale in Penrith, Cumbria

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Property market in Penrith

Average asking price £269k typical £259k
Most prices £74k – £550k leaving out the extremes
Homes for sale 92 27 more under offer
New to the market 32 in the last 30 days
Typical time to sell 10 weeks last 12 months
Asking prices, year on year +7.0% homes newly listed
Typical sold price £212k 270 sales in 12 months
Gross rental yield 6.1% typical rent vs sold price

What's for sale

119 homes · share, count and typical price
Detached houses 31.9% 38 · £399k
Terraced houses 24.4% 29 · £195k
Flats and apartments 18.5% 22 · £122k
Other homes 11.8% 14 · £173k
Semi-detached houses 9.2% 11 · £260k
Bungalows 4.2% 5 · £300k

How many bedrooms

share, count and typical price
1 bedroom 11.0% 13 · £80k
2 bedrooms 25.4% 30 · £142k
3 bedrooms 28.8% 34 · £271k
4 bedrooms 31.4% 37 · £390k
5+ bedrooms 3.4% 4 · £490k

Price bands

119 homes
Under £140k 20.2% 24
£140k – £220k 19.3% 23
£220k – £280k 20.2% 24
£280k – £390k 19.3% 23
£390k and over 21.0% 25

Houses and flats compared

HousesFlats
Share of homes for sale70%18%
Typical asking price£285k£122k
Average bedrooms3.31.9
Typical time to sell8 weeks4 months
Typical sold price£232k£137k

Asking prices over time

typical asking price of the homes first listed each quarter · +14.9% since 2024 Q4 Median asking price per quarter in Penrith 2024 Q4: £217k (140 new listings) £217k 2024 Q4 2025 Q1: £235k (103 new listings) £235k 2025 Q1 2025 Q2: £200k (145 new listings) £200k 2025 Q2 2025 Q3: £225k (175 new listings) £225k 2025 Q3 2025 Q4: £210k (125 new listings) £210k 2025 Q4 2026 Q1: £230k (143 new listings) £230k 2026 Q1 2026 Q2: £223k (172 new listings) £223k 2026 Q2 2026 Q3: £250k (145 new listings) £250k 2026 Q3

Prices in and around Penrith

typical asking price, cheapest first
  1. Castletown £190k
  2. Penrith £259k
  3. Carleton £383k

Getting to know Penrith

stations in Penrith

Schools in Penrith

4 primary · 2 secondary · 100% rated good or outstanding
  • Ullswater Community College secondary · Good
  • Queen Elizabeth Grammar School Penrith secondary · Good
  • Beaconside CofE Primary School primary · Good
  • North Lakes School primary · Good
  • Brunswick School primary · Good
  • St Catherine's Catholic Primary School primary · Good

Based on 119 homes for sale on Houses now, 598 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 Penrith

What is the average house price in Penrith?

The average home for sale in Penrith is priced at £269,000. A typical home, the one in the middle of the range, is £259,000. This is based on the 119 homes for sale on Houses right now.

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

A typical 2-bedroom home in Penrith costs £142,000 and a 3-bedroom home £271,000. So the extra bedroom adds about £129,000. 1-bedroom homes start at around £80,000, and 4-bedroom homes are about £390,000.

What price range should I expect in Penrith?

Most homes in Penrith are priced between £74,000 and £550,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £390,000 or more.

How many homes are for sale in Penrith?

There are 92 homes for sale in Penrith on Houses right now, plus 27 already under offer. 32 new listings came onto the market in the last 30 days.

Are house prices going up in Penrith?

Yes. Homes put up for sale in Penrith over the last 12 months were advertised at a typical £230,000, 7% higher than the year before (£215,000). By size, 1-bedroom homes are up 20%.

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

Homes usually sell or come off the market within about 10 weeks. About 35% go within the first month, and a quarter take longer than about 5 months. Houses go faster, in about 8 weeks against about 4 months for flats.

What do homes actually sell for in Penrith?

In the year to July 2026, 270 homes sold in Penrith at a typical price of £212,000, according to HM Land Registry. Houses sold for about £232,000 and flats for about £137,000. Homes on the market today are asking more, around £259,000, partly because they are a different mix of homes from those that sold.

What rental yield can I get in Penrith?

Around 6.1% gross. That compares a typical rent of £1,275 a month with a typical sold price of £250,000. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penrith?

Detached houses are the most common, about a third of homes for sale in Penrith. Terraced houses come next, followed by flats and apartments. Flats and apartments are the cheapest, at about £122,000, and detached houses the most expensive, at about £399,000.

Where are the cheapest places to buy near Penrith?

Of the areas around Penrith, Castletown is the cheapest, with a typical asking price of £190,000, followed by Carleton (£383,000). Penrith itself is £259,000.

Are homes in Penrith freehold or leasehold?

About three quarters of homes for sale in Penrith are freehold and the rest leasehold, which is mostly flats. There is 1 new-build home on the market too.

What are the schools like in Penrith?

There are 4 primary and 2 secondary schools in Penrith. 100% of those inspected by Ofsted were rated good or outstanding.

Which train stations are in or near Penrith?

Stations in Penrith include Penrith.