Cumbria Property Market 2015

 Story Highlights

  • Cumbria had total property sales of £1.67 billions in 2015.
  • The total number of properties sold in 2015 in Cumbria was 9,370
  • The total volume of sales at district level was maximum for South Lakeland at £544 millions
  • The average sales price in Cumbria was £179 K, whereas median was £148 K
  • The average sales price at district level was maximum for South Lakeland at £253 K 
  • Similarly the median of sales price at district level was maximum for South Lakeland at £208 K
  • New Property sales in Cumbria contributed 11.38% and Not New Property contributed 88.62%

 

 

Cumbria is one of the counties of North West England. The districts in Cumbria are South Lakeland, Carlisle, Allerdale, Eden, Barrow-In-Furness, Copeland.

 

 Total Sales By Districts

Cumbria - Total Sales By Districts

Cumbria had total property sales of £1.67 billions which was 7.72% of the North West Property Market 2015.

The split across its districts is as follow:

  • South Lakeland at £544 millions (32.54%)
  • Carlisle at £ 316 millions (18.91%)
  • Allerdale at £282 millions (16.86%)
  • Eden at £198 millions (11.83%)
  • Barrow-In-Furness at £175 millions (10.47%)
  • Copeland at £157 millions (9.39%)

 

Total Sales By Property Type

Cumbria - Total Sales By Property Type

The split of £1.67 billions across the different property types in Cumbria are :

  • Detached at £614 millions (36.73%)
  • Terraced at £428 millions (25.57%)
  • Semi-Detached at £420 millions (25.13%)   
  • Flat/Maisonette at £117 millions (7.03%) 
  • Other at £93 millions (5.54%)

 

Total No Of Properties Sold By Property Type

Cumbria - Total No Of Properties Sold By Property Type

The total property sales of £1.67 billions in 2015 was spread over 9,370 properties.

  • Terraced properties at 3452 (36.84%)
  • Detached at 2270 (24.23%)
  • Semi-Detached at 2621 (27.97%)
  • Flat/Maisonette at 845 (9.02%)
  • Others at 182 (1.94%)

 

Average & Median Sales Price

Cumbria - Average & Median Sales Price

The average sales price in Cumbria was £179 K.For the different property types it was:

  • Detached at £271 K
  • Semi-Detached at £160 K
  • Terraced at £124 K
  • Flat/Maisonette at £139 K
  • Other at £509 K

Similarly median sales price in Cumbria was £148 K.For different property types it was:

  • Detached at £245 K
  • Semi-Detached at £147 K
  • Terraced at £104 K
  • Flat/Maisonette at £121 K
  • Other at £238 K

 

Average & Median Sales Price By Districts

Cumbria - Average Sales Price By Districts

The average sales prices at district level in Cumbria for 2015 is as follows:

  • South Lakeland was maximum at £253 K
  • Eden at £216 K
  • Allerdale at £169 K
  • Carlisle at £153 K
  • Copeland at £135 K
  • with minimum for Barrow-In-Furness at £126 K

 

Cumbria - Median Sales Price By Districts

The median sales prices at district level in Cumbria for 2015 is as follows:

  • South Lakeland was maximum at £208 K
  • Eden at £185 K
  • Allerdale at £140 K
  • Carlisle at £127 K
  • Copeland at £119 K
  • with minimum for Barrow-In-Furness at £108 K

 

New Vs Not New Property Statistics

Cumbria - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Properties contributed £190 millions (11.38%) 
  • Not New Property contributed £1.48 billions (88.62%)

 

By Total Number the split is as follows:

  • New properties sold were 986 (10.52%)
  • Not new property sold were 8,384 (89.48%).

 

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