Houses for sale in Penstone, EX17, Devon

Frequently asked questions about buying in Penstone

What is the average house price in Penstone?

There are no homes for sale in Penstone itself right now, so these figures cover the 64 homes for sale within 5 km. The average home for sale within 5 km of Penstone is priced at £445,000. A few very expensive homes pull that average up, so a more typical price is £340,000.

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

A typical 2-bedroom home within 5 km of Penstone costs £225,000 and a 3-bedroom home £280,000. So the extra bedroom adds about £55,000. 4-bedroom homes are about £550,000.

What price range should I expect in Penstone?

Most homes within 5 km of Penstone are priced between £153,000 and £999,000, leaving out the very cheapest and most expensive. One in five costs less than £220,000, and one in five £700,000 or more.

How many homes are for sale in Penstone?

There are no homes for sale in Penstone on Houses right now, plus 1 already under offer. Within 5 km there are 64, and the listings on this page include the nearest of them. 10 new listings came onto the market within 5 km in the last 30 days.

Are house prices going up in Penstone?

They are holding steady. Homes put up for sale within 5 km of Penstone over the last 12 months were advertised at a typical £300,000, about the same as the year before (£300,000). By size, 4-bedroom homes are up 13%.

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

Within 5 km of Penstone, homes usually sell or come off the market within about 4 months. About 14% go within the first month, and a quarter take longer than about 8 months. Houses go faster, in about 4 months against about 7 months for flats.

What do homes actually sell for in Penstone?

In the year to July 2026, 62 homes sold within 5 km of Penstone at a typical price of £329,000, according to HM Land Registry. Asking prices today are a little higher, at £340,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Penstone?

About 12.0% gross for houses and 9.6% for flats. That compares typical rents with what houses and flats actually sold for within 5 km of Penstone over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Penstone?

Detached houses are the most common, about half of homes for sale within 5 km of Penstone. Bungalows come next, followed by terraced houses. Terraced houses are the cheapest, at about £228,000, and detached houses the most expensive, at about £487,000.

Where are the cheapest places to buy near Penstone?

Of the areas around Penstone, Knowle is the cheapest, with a typical asking price of £425,000, followed by Colebrooke (£650,000).

Are homes in Penstone freehold or leasehold?

Almost all homes for sale within 5 km of Penstone are freehold and the rest leasehold, which is mostly flats. There are 4 new-build homes on the market too.

Which train stations are in or near Penstone?

Penstone has no station of its own. The nearest are Yeoford and Copplestone.