House Prices in Penarth, The Vale Of Glamorgan

# Penarth Property Market Summary

Penarth, the elegant Victorian seaside town just south of Cardiff, demonstrates a robust property market with nearly 10,000 properties and a current average price of £217,497. The market has shown considerable appreciation over recent years, with average prices climbing from £269,041 in 2016 to £443,468 in 2025 (year-to-date), representing significant growth that reflects the area's enduring appeal. The market experienced particularly strong performance during 2021-2022, with prices exceeding £400,000, before moderating slightly in 2023, and rebounding strongly into 2025.

Transaction volumes have remained reasonably healthy, typically ranging between 300-500 sales annually, with 2024 recording a particularly active year at 495 sales. The 2025 figure of 192 sales, whilst lower, represents partial year data. Penarth's attraction lies in its unique combination of coastal charm, Victorian and Edwardian architecture, excellent schools, and proximity to Cardiff's employment opportunities. The town's marina development, clifftop walks, independent shops along Windsor Road, and strong sense of community continue to draw families and professionals, supporting sustained demand and premium pricing compared to many Welsh locations.

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*Note: The overall average price of £217,497 appears inconsistent with the yearly averages shown, which may indicate this figure includes different property types or historical data not reflected in the annual breakdown.*