The average property price in Cumbria county is £216k, the median price is £168k. The average price declined by £-5.6k (-3%) over the last twelve months. The price of an established property is £215k. The price of a newly built property is £275k. There were 5.7k property sales and sales dropped by 29.8% (-2.7k transactions). Most properties were sold in the £100k-£150k price range with 1288 (22.4%) properties sold, followed by £50k-£100k price range with 1111 (19.4%) properties sold.
| November 2023 | Cumbria county | England & Wales |
|---|---|---|
| Average price | █ £216k | █ £352k |
| Median price | █ £168k | █ £270k |
This price map shows the average property price in a given postcode sector. The most affordable place is 'LA14 1' with the average price of £68.5k. The most expensive place is 'LA22 9', £628k.
Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between November 2022 - October 2023 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.
Average price percentage changeWith the average price of £216k, Cumbria is the 9. cheapest county out of 55 England and Wales' counties.
| Price ranking | ||
|---|---|---|
| Rank | county | Average price |
| 1. | Greater London | £710k |
| 2. | Surrey | £641k |
| 3. | Hertfordshire | £539k |
| 4. | Oxfordshire | £496k |
| 5. | Buckinghamshire | £490k |
| 6. | Berkshire | £488k |
| 7. | West Sussex | £446k |
| 8. | East Sussex | £429k |
| 9. | Rutland | £427k |
| 10. | Dorset | £404k |
| ... | ||
| 45. | West Yorkshire | £219k |
| 46. | Northumberland | £219k |
| 47. | Cumbria | £216k |
| 48. | Merseyside | £202k |
| 49. | East Riding of Yorkshire | £198k |
| 50. | South Yorkshire | £196k |
| 51. | West Glamorgan | £192k |
| 52. | Lancashire | £191k |
| 53. | Tyne and Wear | £189k |
| 54. | Mid Glamorgan | £179k |
| 55. | Durham | £148k |
shows a number of properties sold in a given price range between November 2022 - October 2023.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 2.3% | 134 |
| █ £50k-£100k | 19.4% | 1.1k |
| █ £100k-£150k | 22.4% | 1.3k |
| █ £150k-£200k | 15.9% | 913 |
| █ £200k-£250k | 11.6% | 663 |
| █ £250k-£300k | 8.4% | 483 |
| █ £300k-£400k | 10.1% | 580 |
| █ £400k-£500k | 5.0% | 286 |
| █ £500k-£750k | 3.6% | 207 |
| █ £750k-£1M | 0.8% | 45 |
| █ over £1M | 0.5% | 30 |
Yearly average nominal house prices adjusted for inflation.
| Real average price - nominal price adjusted for inflation | ||
|---|---|---|
| Year | Cumbria county | England & Wales |
| 2023 | £213k | £349k |
| 2022 | £253k | £402k |
| 2021 | £248k | £396k |
| 2020 | £239k | £377k |
| 2019 | £231k | £358k |
| 2018 | £236k | £368k |
| 2017 | £240k | £374k |
| 2016 | £233k | £370k |
| 2015 | £227k | £359k |
| 2014 | £229k | £351k |
| 2013 | £228k | £345k |
| 2012 | £236k | £345k |
| 2011 | £245k | £354k |
| 2010 | £270k | £375k |
| 2009 | £261k | £339k |
| 2008 | £283k | £358k |
| 2007 | £287k | £377k |
| 2006 | £277k | £362k |
| 2005 | £264k | £347k |
| 2004 | £243k | £336k |
| 2003 | £205k | £302k |
| 2002 | £171k | £272k |
| 2001 | £154k | £238k |
| 2000 | £146k | £221k |
| 1999 | £136k | £201k |
| 1998 | £136k | £185k |
| 1997 | £132k | £175k |
| 1996 | £127k | £164k |
| 1995 | £127k | £161k |
Yearly average nominal prices compared to England & Wales' house prices
| Nominal average price | ||
|---|---|---|
| Year | Cumbria county | England & Wales |
| 2023 | £213k | £349k |
| 2022 | £226k | £359k |
| 2021 | £214k | £342k |
| 2020 | £202k | £320k |
| 2019 | £191k | £296k |
| 2018 | £189k | £294k |
| 2017 | £186k | £290k |
| 2016 | £176k | £280k |
| 2015 | £170k | £270k |
| 2014 | £168k | £258k |
| 2013 | £163k | £247k |
| 2012 | £163k | £238k |
| 2011 | £161k | £233k |
| 2010 | £170k | £236k |
| 2009 | £164k | £213k |
| 2008 | £171k | £217k |
| 2007 | £167k | £219k |
| 2006 | £156k | £204k |
| 2005 | £144k | £189k |
| 2004 | £129k | £179k |
| 2003 | £106k | £156k |
| 2002 | £86.8k | £138k |
| 2001 | £77.2k | £119k |
| 2000 | £70.9k | £108k |
| 1999 | £65.2k | £96.0k |
| 1998 | £62.7k | £85.4k |
| 1997 | £59.0k | £78.5k |
| 1996 | £55.3k | £71.5k |
| 1995 | £53.4k | £67.9k |
Yearly average nominal price per square metre compared to England & Wales' house prices
| Nominal average price per m2 | ||
|---|---|---|
| Year | Cumbria county | England & Wales |
| 2023 | £2.2k | £3.6k |
| 2022 | £2.2k | £3.7k |
| 2021 | £2.0k | £3.4k |
| 2020 | £1.9k | £3.2k |
| 2019 | £1.9k | £3.0k |
| 2018 | £1.8k | £3.0k |
| 2017 | £1.8k | £3.0k |
| 2016 | £1.7k | £2.9k |
| 2015 | £1.7k | £2.7k |
| 2014 | £1.6k | £2.6k |
| 2013 | £1.6k | £2.5k |
| 2012 | £1.6k | £2.4k |
| 2011 | £1.6k | £2.4k |
| 2010 | £1.6k | £2.4k |
| 2009 | £1.6k | £2.1k |
| 2008 | £1.6k | £2.2k |
| 2007 | £1.6k | £2.3k |
| 2006 | £1.5k | £2.1k |
| 2005 | £1.4k | £2.0k |
| 2004 | £1.3k | £1.8k |
| 2003 | £1.0k | £1.6k |
| 2002 | £836 | £1.4k |
| 2001 | £734 | £1.2k |
| 2000 | £672 | £1.1k |
| 1999 | £618 | £969 |
| 1998 | £597 | £863 |
| 1997 | £560 | £790 |
| 1996 | £524 | £710 |
| 1995 | £519 | £681 |
Yearly average nominal prices
Yearly average nominal prices
| Property type | Current average price |
|---|---|
| █ Detached | £390k |
| █ Flat | £161k |
| █ Semi-Detached | £205k |
| █ Terraced | £145k |
| Local authority | Median house price to median salary ratio in 2022 |
|---|---|
| Copeland | 3.6 |
| Barrow-in-Furness | 4.5 |
| Allerdale | 4.6 |
| Carlisle | 4.8 |
| Eden | 8.1 |
| England and Wales | 8.16 |
| South Lakeland | 8.4 |
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