Neighbourhood · Cornwall
Penzance North: house prices and how the area is changing
Official figures for the Penzance North neighbourhood of Cornwall, England (ONS area Cornwall 067). Headline figures assembled 30 October 2026. Postcodes TR18, TR20. Figures that read a point use the neighbourhood's centre, near TR18 3FF.
A neighbourhood with below-average incomes, showing some signs of gentrification
Penzance North is a neighbourhood with below-average incomes; it shows some signs of gentrification against Cornwall (5 of 19 signals rising, 1 falling). Houses here typically resell for £275,000 and flats for £187,500 (median resale prices, 2023-2025). Recorded crime is higher than across Cornwall (1.2 times the borough's rate), schools nearby are improving slower than the council's and the nearest station, Penzance, is about an 11-minute walk from the neighbourhood's centre.
The neighbourhood in brief, from the figures on this page. Summary updated 30 October 2026; source dates are shown below.
Typical house price
£275,000
Median resale price of houses in the neighbourhood, 2023-2025; +41% against 2017-2019.
Source: HM Land Registry Price Paid Data
Typical flat price
£187,500
Median resale price of flats in the neighbourhood, 2023-2025; +28% against 2017-2019.
Source: HM Land Registry Price Paid Data
Affluence today
Below average income
How well off the neighbourhood is now, from household income, home prices and deprivation.
Source: ONS, HM Land Registry, MHCLG Indices of Deprivation
Signs of gentrification
Some signs
Weighted balance +0.20; 5 of 19 signals up, 1 down, against the borough; capped at Some signs: in England's most income-deprived areas, Clear or Strong signs need prices and incomes both rising against the borough.
Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)
Deprivation
Decile 1 of 10
English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 1 to 5.
Source: MHCLG English Indices of Deprivation 2025
Average household income
£39,800
ONS estimate for the neighbourhood (modelled, with a margin of error).
Source: Office for National Statistics
Recorded crime
1.2 times the borough's rate
Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.
Source: Police.uk
Schools getting better
Slower than the council's
Nearby state schools' latest Ofsted inspections and results, against the council's schools.
Source: Ofsted, Department for Education
Where Penzance North sits in Cornwall
- Typical house price: joint 26th lowest of 73 neighbourhoods in Cornwall
- Typical flat price: 16th highest of the 42 neighbourhoods in Cornwall with enough flat sales for one
- Average household income: 4th lowest of 73 neighbourhoods in Cornwall
Ranked among the council's neighbourhoods by the figures on each one's own page, checked 30 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.
Prices over time in Penzance North
Source: HM Land Registry Price Paid Data, held locally and checked 30 October 2026. Medians each year, not a valuation of any home.
How the area is changing, signal by signal
5 of 19 counted signals point towards rising affluence against Cornwall, 1 the other way and 13 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.
Rising against the borough
- Resale prices
- Recent price momentum
- Single-person households under 65
- Catching up with neighbouring areas
- Homes selling
Falling behind the borough
- Schools improving
Stations and schools nearby
Nearest station
- Penzance Railway station, about an 11-minute walk from the neighbourhood's centre (820 m in a straight line). About 1.8 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway and CrossCountry to Plymouth (109 to 117 min).
Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.
Nearest state schools
- Nearest state primary school St Mary's Catholic School, Penzance 410 m from the neighbourhood's centre. Ofsted: Ungraded visit: Standards maintained (Dec 2024).
- Nearest state secondary school Humphry Davy School 130 m from the neighbourhood's centre. Ofsted: Good (May 2023).
Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.
Questions about Penzance North
What is the typical house price in Penzance North?
£275,000. Median resale price of houses in the neighbourhood, 2023-2025; +41% against 2017-2019.
How does Penzance North compare with the rest of Cornwall?
Typical house price: joint 26th lowest of 73 neighbourhoods in Cornwall. Typical flat price: 16th highest of the 42 neighbourhoods in Cornwall with enough flat sales for one. Average household income: 4th lowest of 73 neighbourhoods in Cornwall.
Is Penzance North an affluent area?
Below average income. How well off the neighbourhood is now, from household income, home prices and deprivation.
Is Penzance North gentrifying?
Some signs. Weighted balance +0.20; 5 of 19 signals up, 1 down, against the borough; capped at Some signs: in England's most income-deprived areas, Clear or Strong signs need prices and incomes both rising against the borough.
What is the nearest station to Penzance North?
Penzance. Railway station, about an 11-minute walk from the neighbourhood's centre (820 m in a straight line). About 1.8 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway and CrossCountry to Plymouth (109 to 117 min).
Which state schools are nearest to Penzance North?
Nearest state primary school. St Mary's Catholic School, Penzance. 410 m from the neighbourhood's centre. Ofsted: Ungraded visit: Standards maintained (Dec 2024). Nearest state secondary school. Humphry Davy School. 130 m from the neighbourhood's centre. Ofsted: Good (May 2023).
Each answer repeats a figure shown above, with its source there.
Thinking of buying in Penzance North?
A full report covers flood risk, schools, crime, your commute, energy, planning and how the area is changing, for the exact home.
Prepare a full report for a home here See a sample reportNearby neighbourhoods in Cornwall
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- All 73 neighbourhoods in Cornwall
Postcode districts
Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.