Cumbria property prices

Last updated on 31 May 2024

The average property price in Cumbria county is £216k, the median price is £172k. The average price declined by £-16.9k (-7%) over the last twelve months. The price of an established property is £215k. The price of a newly built property is £225k. There were 5.7k property sales and sales dropped by 34.2% (-3.2k transactions). Most properties were sold in the £100k-£150k price range with 1241 (21.7%) properties sold, followed by £50k-£100k price range with 1062 (18.6%) properties sold.

May 2023 - April 2024Cumbria countyEngland & Wales
Average price£216k£350k
Median price£172k£270k

Cumbria property sales share by price range

shows a number of properties sold in a given price range between May 2023 - April 2024.

Cumbria property sales share by price range
Property price rangeMarket shareSales volume
under £50k2.4%137
£50k-£100k18.6%1.1k
£100k-£150k21.7%1.2k
£150k-£200k16.1%917
£200k-£250k12.4%705
£250k-£300k8.9%508
£300k-£400k10.3%587
£400k-£500k4.7%267
£500k-£750k3.8%218
£750k-£1M0.9%49
over £1M0.3%16

Cumbria house prices map

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 £75.6k. The most expensive place is 'LA22 0', £576k.

Cumbria house prices map

Cumbria house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between May 2023 - April 2024 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.

Cumbria house prices compared to other countiesAverage price percentage change
Average property price

Cumbria house price rank

With the average price of £216k, Cumbria is the 9. cheapest county out of 55 England and Wales' counties.

Cumbria house price rank
Price ranking
RankcountyAverage price
1.Greater London£707k
2.Surrey£633k
3.Hertfordshire£526k
4.Buckinghamshire£487k
5.Berkshire£486k
6.Oxfordshire£478k
7.West Sussex£439k
8.Rutland£438k
9.East Sussex£423k
10.Dorset£402k
...
45.Clwyd£219k
46.Lincolnshire£217k
47.Cumbria£216k
48.Merseyside£202k
49.South Yorkshire£199k
50.East Riding of Yorkshire£198k
51.Lancashire£194k
52.West Glamorgan£192k
53.Tyne and Wear£190k
54.Mid Glamorgan£175k
55.Durham£147k

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Cumbria real house prices

Yearly average nominal house prices adjusted for inflation.

Cumbria real house prices

Real average price - nominal price adjusted for inflation
YearCumbria countyEngland & Wales
2024£210k£323k
2023£240k£388k
2022£282k£439k
2021£272k£434k
2020£261k£412k
2019£254k£394k
2018£259k£403k
2017£264k£412k
2016£256k£406k
2015£249k£394k
2014£252k£387k
2013£251k£380k
2012£259k£379k
2011£269k£389k
2010£297k£413k
2009£286k£371k
2008£310k£393k
2007£316k£415k
2006£304k£397k
2005£288k£379k
2004£267k£368k
2003£224k£331k
2002£188k£298k
2001£170k£262k
2000£160k£243k
1999£150k£221k
1998£149k£203k
1997£145k£192k
1996£139k£180k
1995£139k£177k

Cumbria house prices

Yearly average nominal prices compared to England & Wales' house prices

Cumbria house prices

Nominal average price
YearCumbria countyEngland & Wales
2024£210k£323k
2023£218k£352k
2022£231k£360k
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

Cumbria house prices per square metre

Yearly average nominal price per square metre compared to England & Wales' house prices

Cumbria house prices per square metre

Nominal average price per m2
YearCumbria countyEngland & Wales
2024£2.2k£3.4k
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£2.3k
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£837£1.4k
2001£735£1.2k
2000£672£1.1k
1999£618£969
1998£597£863
1997£559£790
1996£525£710
1995£519£681

Cumbria house prices and nearby counties

Yearly average nominal prices

Cumbria house prices and nearby counties

Cumbria house prices by property type

Yearly average nominal prices

Cumbria house prices by property type

Property typeCurrent average price
Detached£379k
Flat£159k
Semi-Detached£206k
Terraced£144k

Cumbria house price to earnings ratio

The median property price to median earnings ratio is ranging between 3.6 in Copeland and 8.4 in South Lakeland. Ie. Copeland resident with middle-income needs 3.6 gross annual salaries to buy a medium-priced property. Resident in South Lakeland needs 8.4 annual salaries. The England and Wales ratio was 8.16 in 2022.
Cumbria house price to earnings ratio history
Local authorityMedian house price to median salary ratio in 2022
Copeland3.6
Barrow-in-Furness4.5
Allerdale4.6
Carlisle4.8
Eden8.1
England and Wales8.16
South Lakeland8.4

Other reports for Cumbria county

house prices per square metre

new home prices

property transactions

energy costs

crime statistics

salary and unemployment

home energy efficiency

home features

population statistics

plumplot area insights tutorial
Homeimage/svg+xmlhttps://openclipart.org/detail/170282/eco-green-house-icon-by-cybergedeondominiquechappard