• Contact us
  • About us
  • Digital edition
  • Online archive
Tuesday, July 8, 2025
Cumberland and Westmorland Herald
  • News
    Long-awaited go-ahead for A66 dualling scheme

    Long-awaited go-ahead for A66 dualling scheme

    Extinction Rebellion protest outside insurance brokers

    Extinction Rebellion protest outside insurance brokers

    Lake District mountain rescue volunteers called for missing man searching for lost phone

    Lake District mountain rescue volunteers called for missing man searching for lost phone

    Man arrested after assault in Penrith town centre

    Man arrested after assault in Penrith town centre

    Changes to lease accounting – how will this impact your financial statements?

    Changes to lease accounting – how will this impact your financial statements?

    Man fined £100 for using cashpoint in car park

    Man fined £100 for using cashpoint in car park

    Honour for man who devoted his life to Greystoke

    Honour for man who devoted his life to Greystoke

    Sheep breeder’s successful debut at Royal Highland Show

    Sheep breeder’s successful debut at Royal Highland Show

    Global engineering firm Babcock supports Eden charity

    Global engineering firm Babcock supports Eden charity

  • Sport
    Penrith skipper Nicky Burns calls on team to keep winning

    Penrith skipper Nicky Burns calls on team to keep winning

    £100,000 target for new changing rooms extension

    £100,000 target for new changing rooms extension

    Medal success for Upper Eden tug-of-war team

    Medal success for Upper Eden tug-of-war team

    Eden man competes in Hyrox World Games

    Eden man competes in Hyrox World Games

    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

    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

  • Obituaries
  • Nostalgia
  • Online archive
  • Buy Photos
  • Buy your paper
  • North Lakes Living
No Result
View All Result
Cumberland and Westmorland Herald
  • News
    Long-awaited go-ahead for A66 dualling scheme

    Long-awaited go-ahead for A66 dualling scheme

    Extinction Rebellion protest outside insurance brokers

    Extinction Rebellion protest outside insurance brokers

    Lake District mountain rescue volunteers called for missing man searching for lost phone

    Lake District mountain rescue volunteers called for missing man searching for lost phone

    Man arrested after assault in Penrith town centre

    Man arrested after assault in Penrith town centre

    Changes to lease accounting – how will this impact your financial statements?

    Changes to lease accounting – how will this impact your financial statements?

    Man fined £100 for using cashpoint in car park

    Man fined £100 for using cashpoint in car park

    Honour for man who devoted his life to Greystoke

    Honour for man who devoted his life to Greystoke

    Sheep breeder’s successful debut at Royal Highland Show

    Sheep breeder’s successful debut at Royal Highland Show

    Global engineering firm Babcock supports Eden charity

    Global engineering firm Babcock supports Eden charity

  • Sport
    Penrith skipper Nicky Burns calls on team to keep winning

    Penrith skipper Nicky Burns calls on team to keep winning

    £100,000 target for new changing rooms extension

    £100,000 target for new changing rooms extension

    Medal success for Upper Eden tug-of-war team

    Medal success for Upper Eden tug-of-war team

    Eden man competes in Hyrox World Games

    Eden man competes in Hyrox World Games

    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

    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

  • 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

Cumbria house prices increase by more than 1.4 per cent

by CWH
20 January 2021
in Latest, Property
A A
Share on FacebookShare on Twitter
Picture: PA

House prices increased by 1.4 per cent – more than the average for the North West – in Cumbria in November, new figures show.

The boost contributes to the longer-term trend, which has seen property prices in the area achieve 5.9 per cent annual growth.

The average Cumbria house price in November was £168,558, Land Registry figures show – a 1.4 per cent increase on October.

Over the month, the picture was better than that across the North West, where prices increased 0.2 per cent, and Cumbria outperformed the 1.2 per cent rise for the UK as a whole.

Over the last year, the average sale price of property in Cumbria rose by £9,400 – putting the area 30th among the North West’s 43 local authorities for annual growth.

The best annual growth in the region was in Burnley, where property prices increased on average by 15.4 per cent, to £99,000.

At the other end of the scale, properties in Ribble Valley gained 0.4 per cent in value, giving an average price of £219,000.

Winners and losers

Owners of detached houses saw the biggest improvement in property prices in Cumbria in November – they increased 1.5 per cent, to £278,349 on average.

Over the last year, prices rose by 7.5 per cent.

Among other types of property:

Semi-detached: up 1.4 per cent monthly; up six per cent annually; £169,138 average

Flats: up 0.4 per cent monthly; up 1.5 per cent annually; £113,113 average

First steps on the property ladder

First-time buyers in Cumbria spent an average of £139,300 on their property – £7,100 more than a year ago, and £17,900 more than in October 2015.

By comparison, former owner-occupiers paid £195,200 on average in November – 40.2 per cent more than first-time buyers.

How do property prices in Cumbria compare?

Buyers paid 6.5 per cent less than the average price in the North West (£180,000) in November for a property in Cumbria.

Across the North West, property prices are low compared to those across the UK, where the average cost £250,000.

The most expensive properties in the North West were in Trafford – £312,000 on average, and 1.8 times as much as in Cumbria.

Trafford properties cost 3.1 times as much as homes in Burnley (£99,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, where the average November sale price of £1.5 million could buy 16 properties in Blaenau Gwent (average £95,000).

Factfile
  • Average property price in November Cumbria: £168,558
  • The North West: £180,280UK: £249,633
  • Annual growth to November Cumbria: +5.9 per cent
  • The North West: +8.5 per cent
  • UK: +7.6 per cent
  • Best and worst annual growth in the North West Burnley: +15.4 per cent; Ribble Valley: +0.4 per cent

Related Posts

Long-awaited go-ahead for A66 dualling scheme
Latest

Long-awaited go-ahead for A66 dualling scheme

8 July 2025
Extinction Rebellion protest outside insurance brokers
Latest

Extinction Rebellion protest outside insurance brokers

7 July 2025
Lake District mountain rescue volunteers called for missing man searching for lost phone
Latest

Lake District mountain rescue volunteers called for missing man searching for lost phone

7 July 2025
Man arrested after assault in Penrith town centre
Latest

Man arrested after assault in Penrith town centre

6 July 2025
£8,000 for two new nature reserve projects
Latest

£8,000 for two new nature reserve projects

3 July 2025
Fun day in Penrith to celebrate community spirit
Latest

Fun day in Penrith to celebrate community spirit

3 July 2025
No Result
View All Result

Stay connected

Facebook Twitter Instagram

Most popular

Extinction Rebellion protest outside insurance brokers

Extinction Rebellion protest outside insurance brokers

7 July 2025
£8,000 for two new nature reserve projects

£8,000 for two new nature reserve projects

3 July 2025
Arrests after shoplifting incidents in Penrith

Arrests after shoplifting incidents in Penrith

2 July 2025
Lake District mountain rescue volunteers called for missing man searching for lost phone

Lake District mountain rescue volunteers called for missing man searching for lost phone

7 July 2025
Anti-social residents move out after threatened with police order

Anti-social residents move out after threatened with police order

3 July 2025
Memory lane – a look at the Herald’s archive photos

Memory lane – a look at the Herald’s archive photos

4 July 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
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