• Contact us
  • About us
  • Digital edition
  • Online archive
Sunday, June 8, 2025
Cumberland and Westmorland Herald
  • News
    How can businesses combat increased pressure on cashflow and profitability?

    How can businesses combat increased pressure on cashflow and profitability?

    Penrith Players present Noel Coward’s Hay Fever

    Penrith Players present Noel Coward’s Hay Fever

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Farmers flock to North Sheep

    Farmers flock to North Sheep

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Appleby Horse Fair: Several cases of animal cruelty

    Appleby Horse Fair: Several cases of animal cruelty

    Multiple fire crews tackle roof fire in Crosby Ravensworth

    Multiple fire crews tackle roof fire in Crosby Ravensworth

    Free domestic abuse support drop-in service launches in Penrith

    Free domestic abuse support drop-in service launches in Penrith

    Penrith bar relaunched with vibrant events planned

    Penrith bar relaunched with vibrant events planned

  • Sport
    Patterdale’s Eden Eagles make history

    Patterdale’s Eden Eagles make history

    Penrith teen crowned British vault champion

    Penrith teen crowned British vault champion

    Penrith gymnasts represent North of England in finals

    Penrith gymnasts represent North of England in finals

    New boss revealed for Penrith AFC

    New boss revealed for Penrith AFC

    Penrith Panthers celebrate winning season

    Penrith Panthers celebrate winning season

    Darren Edmondson leaves Penrith AFC

    Darren Edmondson leaves Penrith AFC

    Lucy plays key role in county T20 triumph

    Lucy plays key role in county T20 triumph

    Gold for Keith in annual festival of orienteering

    Gold for Keith in annual festival of orienteering

    Cumberland and Westmorland wrestlers head to European championships

    Cumberland and Westmorland wrestlers head to European championships

  • Obituaries
  • Nostalgia
  • Online archive
  • Buy Photos
  • Buy your paper
  • North Lakes Living
No Result
View All Result
Cumberland and Westmorland Herald
  • News
    How can businesses combat increased pressure on cashflow and profitability?

    How can businesses combat increased pressure on cashflow and profitability?

    Penrith Players present Noel Coward’s Hay Fever

    Penrith Players present Noel Coward’s Hay Fever

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Paula Roberts’ pilgrim route to raise cash for Red Cross

    Farmers flock to North Sheep

    Farmers flock to North Sheep

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Cumbrian animal charity celebrates with dog show for opening of new kennel complex

    Appleby Horse Fair: Several cases of animal cruelty

    Appleby Horse Fair: Several cases of animal cruelty

    Multiple fire crews tackle roof fire in Crosby Ravensworth

    Multiple fire crews tackle roof fire in Crosby Ravensworth

    Free domestic abuse support drop-in service launches in Penrith

    Free domestic abuse support drop-in service launches in Penrith

    Penrith bar relaunched with vibrant events planned

    Penrith bar relaunched with vibrant events planned

  • Sport
    Patterdale’s Eden Eagles make history

    Patterdale’s Eden Eagles make history

    Penrith teen crowned British vault champion

    Penrith teen crowned British vault champion

    Penrith gymnasts represent North of England in finals

    Penrith gymnasts represent North of England in finals

    New boss revealed for Penrith AFC

    New boss revealed for Penrith AFC

    Penrith Panthers celebrate winning season

    Penrith Panthers celebrate winning season

    Darren Edmondson leaves Penrith AFC

    Darren Edmondson leaves Penrith AFC

    Lucy plays key role in county T20 triumph

    Lucy plays key role in county T20 triumph

    Gold for Keith in annual festival of orienteering

    Gold for Keith in annual festival of orienteering

    Cumberland and Westmorland wrestlers head to European championships

    Cumberland and Westmorland wrestlers head to European championships

  • Obituaries
  • Nostalgia
  • Online archive
  • Buy Photos
  • Buy your paper
  • North Lakes Living
No Result
View All Result
Cumberland and Westmorland Herald
No Result
View All Result
Home Latest

House prices in Eden continue to rise – bucking national trend

by CWH
16 November 2022
in Latest, Property
A A
Share on FacebookShare on Twitter

House prices increased by 2.9 per cent – more than the average for the North West – in Eden in September, new figures show.

The rise contributes to the longer-term trend, which has seen property prices in the area grow by 17.9 per cent over the last year.

The average Eden house price in September was £273,533, Land Registry figures show – a 2.9 per cent increase on August.

Over the month, the picture was different to that across the North West, where prices increased 0.6 per cent, and Eden was above the UK as a whole, where prices did not change.

Over the last year, the average sale price of property in Eden rose by £42,000 – putting the area third among the North West’s 39 local authorities with price data for annual growth.

The highest annual growth in the region was in Warrington, where property prices increased on average by 20.4 per cent, to £266,000. At the other end of the scale, properties in Barrow gained 3.6 per cent in value, giving an average price of £145,000.

An imbalance between supply and demand for properties saw house prices climb across the UK throughout the pandemic.

But typical property values stalled across the UK between August and September, which caused annual growth to slow.

Andy Sommerville, director at property data provider Search Acumen said the latest data was further evidence of a turning tide for house prices.

The figures are yet to reflect the full impact of the mini-budget, announced towards the end of September, which sparked volatitility in the mortgage market and saw interest rates on new agreements soar.

Nicky Stevenson, managing director at estate agent group Fine and Country said: “Annual house price growth slowed in September against a backdrop of rising interest rates and shrinking disposable incomes.

“All eyes will now turn to Chancellor Jeremy Hunt’s autumn statement, which is expected to include both tax rises and spending cuts.”

First steps on the property ladder

First-time buyers in Eden spent an average of £224,000 on their property – £33,000 more than a year ago, and £65,000 more than in September 2017.

By comparison, former owner-occupiers paid £311,000 on average in September – 39 per cent more than first-time buyers.

Property types

Owners of detached houses saw the biggest rise in property prices in Eden in September – they increased 3.2 per cent, to £395,818 on average. Over the last year, prices rose by 19.2 per cent.

Among other types of property:

  • Semi-detached: up 3.1% monthly; up 18.5% annually; £260,354 average
  • Terraced: up 2.7% monthly; up 17.2% annually; £213,632 average
  • Flats: up 1.7% monthly; up 12.4% annually; £144,287 average

How do property prices in Eden compare?

Buyers paid 24.9 per cent more than the average price in the North West (£219,000) in September for a property in Eden. Across the North West, property prices are high compared to those across the UK, where the average cost £295,000.

The most expensive properties in the North West were in Trafford – £373,000 on average, and 1.4 times as much as more than in Eden. Trafford properties cost 3.2 times as much as homes in Burnley (£117,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea.

Related Posts

Penrith Players present Noel Coward’s Hay Fever
Latest

Penrith Players present Noel Coward’s Hay Fever

7 June 2025
Patterdale’s Eden Eagles make history
Latest

Patterdale’s Eden Eagles make history

6 June 2025
Appleby Horse Fair: Several cases of animal cruelty
Latest

Appleby Horse Fair: Several cases of animal cruelty

5 June 2025
Multiple fire crews tackle roof fire in Crosby Ravensworth
Latest

Multiple fire crews tackle roof fire in Crosby Ravensworth

30 May 2025
Penrith Beacon access closed after vandalism
Latest

Penrith Beacon access closed after vandalism

6 June 2025
Fire crews spend six hours tackling blaze at timber firm’s headquarters
Latest

Fire crews spend six hours tackling blaze at timber firm’s headquarters

29 May 2025
No Result
View All Result

Stay connected

Facebook Twitter Instagram

Most popular

Former Appleby mayor Frank Harland

Former Appleby mayor Frank Harland

6 June 2025
Appleby Horse Fair: Several cases of animal cruelty

Appleby Horse Fair: Several cases of animal cruelty

5 June 2025
Penrith Players present Noel Coward’s Hay Fever

Penrith Players present Noel Coward’s Hay Fever

7 June 2025
Farmers flock to North Sheep

Farmers flock to North Sheep

6 June 2025
Paula Roberts’ pilgrim route to raise cash for Red Cross

Paula Roberts’ pilgrim route to raise cash for Red Cross

6 June 2025
Cumbrian animal charity celebrates with dog show for opening of new kennel complex

Cumbrian animal charity celebrates with dog show for opening of new kennel complex

6 June 2025
Cumberland and Westmorland Herald Logo

33 Middlegate
Penrith
Cumbria
CA11 7SY

Phone: 01768 862313
Email: news@cwherald.com

Registered in England as Barrnon Media Limited. No: 12475190
VAT registration number: 343486488

Explore

  • News
  • Sport
  • Farming
  • Property
  • Obituaries
  • Nostalgia
  • Your view

Useful links

  • Contact us
  • Photosales
  • Online archive
  • Buy your paper
  • Digital edition
  • North Lakes Living
  • Advertise
  • About us

Follow us on

© Barrnon Media Limited 2025

Terms & Conditions / Privacy Policy / Cookie Policy

This website and its associated newspaper are members of the Independent Press Standards Organisation
IPSO Logo
Review Your Cart
0
Discount
Add Coupon Code
Subtotal
Total Installment Payments
Bundle Discount
Checkout

 
0
No Result
View All Result
  • Home
  • News
  • Sport
  • Obituaries
  • Nostalgia
  • Online archive
  • more
    • North Lakes Living
    • Buy Photos
    • Buy your paper
    • About us
    • Contact us

© 2020 Cumberland & Westmorland Herald