Cumbria

Area Guide For Cumbria

Cumbria is a non-metropolitan county in North West England. Cumbria is predominantly rural and contains the Lake District and Lake District National Park, contemplated one of England's most phenomenal landscapes of natural beauty, serving as inspiration for artists, writers, and musicians. A large area of the South East of the county is within the Yorkshire Dales National Park. Much of Cumbria is mountainous, and it contains every peak in England over 3,000 feet above sea level, with Scafell Pike at 3,209 feet being the highest point of England. An upland, coastal, and rural area, Cumbria's history is characterised by invasions, migration, and settlement, as well as battles and skirmishes between the English and Scottish.

 
 

Cumbria Map

Estimated Price: £183,987
Average Asking Price: £236,615
Price change in last one year: £8,915
Average Price Paid: £163,719
Average Rent Rates: £583

 
 

Property Prices Breakdown in Cumbria

Average Price for property in Cumbria is around £183,987 which varies based on type of property you are interested in and ranges from £293,816 for detached house to around £166,641 for semi-detached. Similarly terraced house is around £122,590 and a flat is worth £141,865. Values have been changing and have risen £94 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,050 in last 6 months, £8,915 in last 1 year, £17,882 in last 2 years, £17,520 in last 3 years, £13,749 in last 4 years and £13,054 in last 5 years.

Currently average asking price of a property in Cumbria is around £236,615 based on approximately 6,256 properties for sale. Same is the case with rental options based on 614 properties up for rent, average asking rent is around £583 per month.

Estimated property value in Cumbria is £183,987. Average asking price is £236,615 while average price paid is £167,038 which is up by £8,915 and Avg. asking rent £583.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cumbria area. In last 1 year alone average price buyer paid is around £167,038 based on approximately 6,256 sales in Cumbria area alone. If you compare it to last 3 years sales of 18,496 properties where buyers paid around £163,503. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £163,719 for 30,130 and average amount paid for purchase of approx. 41,316 properties sold in last 7 years comes to about £164,448 per sale.

 
 

Properties For Sale in Cumbria

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £109,514, £128,647 for a 2 bedroom house, £195,336 for a 3 bedroom house, £333,383 for a 4 bedroom house and £462,190 for a 5 bedroom house. For a flat similarly the prices varies from £109,496 for a single bedroom to £153,189 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,357, £283,790 for a 4 bedroom flat and £431,667 for a 5 bedroom flat. To sum up the asking prices for properties in Cumbria it comes to around average £109,501 for 1 bedroom property, £133,645 for 2 bedroom, £196,434 for 3 bedroom, £333,108 for 4 bedroom and £461,873 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £450 for 1 bedroom to £472 for 2 bedrooms, £592 for 3 bedrooms, £746 for 4 bedrooms and £987 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £432. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £538 and £665 for 3 bedroom. You should be generally be expecting around average £438 rent per month for single bedroom property, £494 for 2 bedroom, £598 for 3 bedroom, £746 for 4 bedroom and approximately £986 for a 5 bedroom property in Cumbria area.

Popular Houses in Cumbria

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Cumbria

Areas in and around Cumbria