Buying a home in TR20, Penzance. What it costs, what you get and where else to look.

Typical 3-bedroom house£339kmost £258k–£433k
Houses per m²£3,723flats £2,919
Sold last year55386 in five years
Prices in Cornwall-0.8%on a year ago

A typical 3-bedroom house in TR20 sold for £339,408 over the last five years, in today's money; most went for between £257,650 and £432,656, for about 93 m² of space. That is 7% more than the same home across Penzance (£318,000).

55 homes sold here in the last year: a smaller market: expect a handful of new listings a month. Flats start at around £98k for two bedrooms. Within the district, houses cost the least per m² in TR20 8 (£3,631) and the most in TR20 9 (£3,789).

Across Cornwall, prices are down 0.8% on a year ago and up 7.9% over five years. Renting a similar home there costs about £1,077 a month; a 90% mortgage on the typical price would be around £1,548 a month at 4.5% over 30 years. Lenders would typically want a household income of about £68,000 for that mortgage: what £70,000 buys.

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House prices in TR20 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£232,837£201k–£266k48 m²10
2£255,198£210k–£320k66 m²119
3£339,408£258k–£433k93 m²153
4£427,786£327k–£555k124 m²53
5+£566,558£428k–£719k160 m²43

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£233k£255k£339k£428k£567k
Detached—£288k£395k£500k£607k
Semi-detached—£293k£345k£366k£381k
Terraced—£221k£245k£302k—
Flats—£98k———

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across TR20

Postcode sectorHousesFlats
TR20 8£3,631£2,275
TR20 9£3,789£3,485

Schools near TR20

Best state primary within 2 kmLudgvan School38% met the expected standard at 11 · England 64%2 state primaries within 2 km
Best state secondary within 5 kmHumphry Davy School38.5% got grade 5+ in English and maths · England 43.8%4 state secondaries within 5 km

Nearby areas

Questions about TR20

Is TR20 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 7% more than across Penzance; prices in Cornwall are down 0.8% on a year ago; the best state primary nearby is below the England average (38% against 64%); the best secondary is below it (38.5% against 43.8%); 55 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in TR20?

A typical 3-bedroom house in TR20 sold for £339,408 over the last five years, in today's money. Most sold between £257,650 and £432,656.

Is TR20 expensive for Penzance?

A 3-bedroom house in TR20 costs 7% more than the typical 3-bedroom house across Penzance (£318,000).

How many homes sell in TR20 each year?

55 homes sold in the last year and 386 in five years: a smaller market: expect a handful of new listings a month.

What are the schools like near TR20?

The best-performing state primary within 2 km is Ludgvan School, where 38% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near TR20?

For a 3-bedroom house, TR18 (£298k, 4 km), TR14 (£231k, 16 km), TR15 (£247k, 21 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.