UK markets closed
  • NIKKEI 225

    -244.87 (-0.91%)

    -422.08 (-1.88%)

    -0.35 (-0.31%)

    -3.50 (-0.19%)
  • DOW

    -17.89 (-0.06%)

    -645.04 (-3.77%)
  • CMC Crypto 200

    -10.21 (-2.32%)
  • ^IXIC

    -65.43 (-0.59%)
  • ^FTAS

    -15.71 (-0.39%)

Average house price in Carlisle is on the rise

·1-min read
Across the country, house prices have hit record highs for a fifth month in a row. (PA)
Across the country, house prices have hit record highs for a fifth month in a row. (PA)

HOUSE prices in Carlisle increased by 1 per cent in April, newly-released figures show.

The average Carlisle house price in April was £156,531, Land Registry figures show – a 1 per cent increase on March.

Over the month, the picture was different to that across the North West, where prices increased by 2 per cent, and Carlisle was lower than the 1.1 per cent rise for the UK as a whole.

The rise is in line with a longer trend which has seen house prices in the area increase by over 11 per cent in the past year alone.

READ MORE: Five bedroomed mansion for sale on Stainburn Road, Workington

Over the last year, the average sale price of property in Carlisle rose by £16,000 – putting the area 16th among the North West’s 39 local authorities with price data for annual growth.

The figures also indicate that first-time buyers have spent an extra £20,000 more than in April 2017 – with first time buyers spending an average of £133,000 on their new home.

In comparison, former homeowners who were buying a new home paid £182,000 on average in April – 37.4 per cent more than first-time buyers.

The average property price for a house in Carlisle as of April stands at £156,531, a lot less than the comparitable figure of the UK as a whole at £281,161.

READ MORE: Stylish six-bedroom on Broad Street on the market for £260,000

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting