Free Property Listings and Reports Show Substantial Penryn Property Prices Increase

The town of Penryn in Cornwall has shown some substantial property prices over the last year. While searching on free property listings and checking out property price reports the most remarkable increase can be seen in the average price of a semi-detached house in Penryn.

Semi-detached houses in Penryn have increased by an average of 129% comparing April 2009 and April 2010. The average price in 2009 for a semi was £115,000 and in 2010 is £263,500. Terraced houses in Penryn show the next highest increase at 52% whereas a detached house there has fallen by a remarkable 50%. It must be noted that we are dealing with a small amount of data as in 2001 the census for Penryn was 7,166.

Penryn is one of Cornwall's most ancient towns; it is steeped in history and had its own busy port. As far back as the 14th century half of the inhabitants of the town were foreigners. The population included 22 important merchants and by the 18th century it had a big commercial centre along the river. The granite from Penryn was exported to many parts of the world and was also used to construct both the South Bank and London Bridge.

Today although it is connected to the port of Falmouth it still retains its own distinct character. A great deal of the old granite town has been restored recently and visitors can enjoy steep, cobbled streets, a museum in the town hall plus a generous choice of pubs, restaurants and cafes.

For those who enjoy lovely scenery and the outdoors there are nice sandy beaches close by as well as great walks along the river banks and through the woodlands. These days a 70 acre estate has had around £80 million invested in new buildings as part of the Combined Universities in Cornwall initiative. This is called the Tremough Campus (tremough means pig farm) and it is part of the University College Flamouth and the University of Exeter. Penryn is also home to Penryn College which is an LEA maintained comprehensive specialist sports college.

Penryn has enjoyed a revival over the last few years with restoration work on historic buildings and the re-development of its estuary which houses the Jubilee Wharf, an eco friendly building which is home to wonderful art and craft shows and music. It is said that there is a good mix of people living there and a good feeling. Properties can be found on both the free listing sites as well as estate agents if you are considering a move to Penryn, Cornwall.