Average Price for property in Workington is around £138,994 which varies based on type of property you are interested in and ranges from £223,659 for detached house to around £140,846 for semi-detached. Similarly terraced house is around £96,686 and a flat is worth £77,212. Values have been changing and have risen £1,691 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,380 in last 6 months, £9,509 in last 1 year, £16,046 in last 2 years, £19,605 in last 3 years, £10,663 in last 4 years and £9,937 in last 5 years.
Currently average asking price of a property in Workington is around £137,960 based on approximately 438 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £494 per month.
Estimated property value in Workington is £138,994. Average asking price is £137,960 while average price paid is £131,379 which is up by £9,509 and Avg. asking rent £494.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 Workington area. In last 1 year alone average price buyer paid is around £131,379 based on approximately 438 sales in Workington area alone. If you compare it to last 3 years sales of 1,265 properties where buyers paid around £127,436. 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 £125,044 for 2,042 and average amount paid for purchase of approx. 2,720 properties sold in last 7 years comes to about £123,187 per sale.