Houses for sale in Penicuik, Midlothian
House Prices in Penicuik
Properties in Penicuik have an average house price of £218k and had 505 Property Transactions within the last 3 years.¹
Penicuik is an area in Midlothian with 7,011 households², where the most expensive property was sold for £624k.
Properties for sale in Penicuik
5 Bedrooms
2 Bathrooms
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Neighbourhoods in Penicuik
Navigate through our locations to find the location of your next house in Penicuik, Midlothian for sale or to rent.
Property price trends in Penicuik
According to the latest Registers of Scotland data, the average home in Penicuik sold for £225,332 in 2026. That figure comes from a substantial record of 6,249 sales logged over the past 26 years.
Prices have moved up over the last three years. Compared with 2023, when the typical sale came in around £221,419, that's a rise of roughly 1.8%.
Looking back five years, average prices are down about 7.5% since 2021, a drop of around £18,171 in cash terms.
Zoom out to the past decade for the fuller picture. Back in 2016, homes here averaged £162,699, so the typical sold price has climbed about 38.5% since then, roughly 3.3% a year. Stretch the view to fifteen years and that annual pace eases back to about 2.8%.
Frequently asked questions about Penicuik
What is the average price for a property for sale in Penicuik?
The average price for a property for sale in Penicuik is £217,778. This amount is 8% lower than the average price in Midlothian. There are 3,458 property listings for sale in Penicuik.
What locations have the most expensive properties for sale in Penicuik?
The location with the most expensive properties for sale in Penicuik is Midlothian West at an average of £242,041.
What locations have the most affordable properties for sale in Penicuik?
The location with the most affordable properties for sale in Penicuik is Penicuik at an average of £210,462.
Which train stations are available in or near Penicuik?
Some of the train stations available in or near Penicuik are Curriehill, Wester Hailes and Kingsknowe.
Property Price Paid in Penicuik by Year
The average sold property price by year was:
| Year | Average Sold Price | Price Change |
Sold Properties
|
|---|---|---|---|
| 2026 | £225,332 | 
6% |
73 Properties |
| 2025 | £211,482 | 
-3% |
153 Properties |
| 2024 | £216,945 |
-2% |
135 Properties |
| 2023 | £221,419 |
-16% |
144 Properties |
| 2022 | £257,656 |
5% |
316 Properties |
| 2021 | £243,503 |
6% |
383 Properties |
| 2020 | £229,319 |
6% |
309 Properties |
| 2019 | £215,025 |
12% |
323 Properties |
| 2018 | £189,747 |
12% |
277 Properties |
| 2017 | £167,627 |
3% |
260 Properties |
Transport in Penicuik
Please see below transportation links in this area:
