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House Prices in LA16

The average house price in LA16 (Askam-In-Furness) is £275,000 using HM Land Registry data.

The average property price increased by £60,297 (28.67%) over the last 5 years and increased by £12,082 (4.25%) over the last 12 months.

Over the last year, there were 31 residential property sales – a decrease of 17 transactions (-54.84%) relative to the previous year. The majority of house sales (10) were in the £224,000 - £276,000 range. Then came properties in the £120,000 - £172,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 209 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,812 (-3%).

In February 2025, there were 7 new estate agency instructions, 6 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in LA16 (Askam-In-Furness)

28.67%

Property prices in LA16 (Askam-In-Furness) increased by 28.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LA16 (Askam-In-Furness) Over the Last Year

4.25%

Property prices in LA16 (Askam-In-Furness) increased by 4.25% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LA16 (Askam-In-Furness) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LA16 (Askam-In-Furness)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LA16 (Askam-In-Furness)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LA16 (Askam-In-Furness)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LA16 (Askam-In-Furness) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA16 postcode area since 1995.

Recent Sales in LA16 (Askam-In-Furness)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Marsh Street, Askam-in-furness, Westmorland And Furness, LA16 7BE	£95,000	£77,500	-£17,500	31 May 2024	23 Jan 2025	237 Days
Beulah House, Kirkby Road, Askam-in-furness, Westmorland And Furness, LA16 7EY	£500,000	£485,000	-£15,000	12 Jul 2024	16 Jan 2025	188 Days
1 Abbey Heights, Askam-in-furness, Westmorland And Furness, LA16 7HT	£275,000	£272,000	-£3,000	02 Aug 2024	13 Dec 2024	133 Days
Highfield Nook, Ireleth Road, Askam-in-furness, Westmorland And Furness, LA16 7JD	£350,000	£332,500	-£17,500	10 Apr 2024	11 Dec 2024	245 Days
48 Parklands Drive, Askam-in-furness, Westmorland And Furness, LA16 7JP	£435,000	£430,000	-£5,000	16 Aug 2024	05 Dec 2024	111 Days
25 Wakefield Street, Askam-in-furness, Westmorland And Furness, LA16 7JR	£250,000	£250,000	£0	02 May 2024	02 Dec 2024	214 Days
12 Ireleth Court Road, Askam-in-furness, Westmorland And Furness, LA16 7EN	£325,000	£310,000	-£15,000	19 Jun 2024	25 Nov 2024	159 Days
11 Ireleth, Askam-in-furness, Westmorland And Furness, LA16 7EG	£295,000	£287,500	-£7,500	02 May 2024	01 Nov 2024	183 Days
1 School View, Askam-in-furness, Westmorland And Furness, LA16 7FN	£245,000	£242,500	-£2,500	03 Apr 2024	29 Oct 2024	209 Days
35 The Headlands, Askam-in-furness, Westmorland And Furness, LA16 7JB	£375,000	£370,000	-£5,000	27 Oct 2023	13 Sep 2024	322 Days
Rydvale, Ireleth Road, Askam-in-furness, Westmorland And Furness, LA16 7DL	£240,000	£225,000	-£15,000	09 Nov 2023	14 Aug 2024	279 Days
24 Abbey Heights, Askam-in-furness, Westmorland And Furness, LA16 7HT	£275,000	£265,000	-£10,000	21 Mar 2024	12 Aug 2024	144 Days
116 Crossley Street, Askam-in-furness, Westmorland And Furness, LA16 7AU	£135,000	£130,000	-£5,000	15 Apr 2024	26 Jul 2024	102 Days
29 Turnstone Crescent, Askam-in-furness, Westmorland And Furness, LA16 7JT	£379,950	£375,000	-£4,950	07 Feb 2024	12 Jul 2024	156 Days
42 Steel Street, Askam-in-furness, Westmorland And Furness, LA16 7BP	£89,999	£83,000	-£6,999	16 Jan 2024	17 Jun 2024	153 Days
15 Dalton Road, Askam-in-furness, Westmorland And Furness, LA16 7AP	£165,000	£165,000	£0	02 Oct 2023	28 May 2024	239 Days
4 Turnstone Crescent, Askam-in-furness, Westmorland And Furness, LA16 7JT	£380,000	£380,000	£0	26 Dec 2023	21 May 2024	147 Days
18 Blea Beck, Askam-in-furness, Westmorland And Furness, LA16 7DG	£260,000	£257,000	-£3,000	20 Nov 2023	17 May 2024	179 Days
4 Ireleth Brow, Askam-in-furness, Westmorland And Furness, LA16 7HB	£335,000	£275,000	-£60,000	13 Jul 2023	05 May 2024	297 Days
10 Hollowgate, Askam-in-furness, Westmorland And Furness, LA16 7ES	£120,000	£120,000	£0	08 Jan 2024	25 Apr 2024	108 Days

Most Expensive Streets in LA16 (Askam-In-Furness)

Postcode	Street	Area	Average	No. of Sales
LA16 7HJ	Saves Lane, Askam-in-furness	Askam-In-Furness	£407,500	3
LA16 7JT	Turnstone Crescent, Askam-in-furness	Askam-In-Furness	£356,857	7
LA16 7BD	Sandy Lane, Askam-in-furness	Askam-In-Furness	£348,000	5
LA16 7HE	Greenscoe, Askam-in-furness	Askam-In-Furness	£336,666	3
LA16 7DY	Saves Lane, Askam-in-furness	Askam-In-Furness	£333,408	6
LA16 7JP	Parklands Drive, Askam-in-furness	Askam-In-Furness	£304,277	9
LA16 7JB	The Headlands, Askam-in-furness	Askam-In-Furness	£283,166	6
LA16 7HR	Plover Close, Askam-in-furness	Askam-In-Furness	£261,666	3
LA16 7HW	Caspian Road, Askam-in-furness	Askam-In-Furness	£252,850	5
LA16 7JG	Pryors Walk, Askam-in-furness	Askam-In-Furness	£245,000	3

Least Expensive Streets in LA16 (Askam-In-Furness)

Postcode	Street	Area	Average	No. of Sales
LA16 7BJ	John Street, Askam-in-furness	Askam-In-Furness	£56,333	3
LA16 7BP	Steel Street, Askam-in-furness	Askam-In-Furness	£85,631	11
LA16 7BB	Walker Street, Askam-in-furness	Askam-In-Furness	£93,900	5
LA16 7BN	Sharp Street, Askam-in-furness	Askam-In-Furness	£99,370	12
LA16 7BU	Furnace Place, Askam-in-furness	Askam-In-Furness	£109,038	13
LA16 7BS	Steel Street, Askam-in-furness	Askam-In-Furness	£110,271	9
LA16 7BG	Beach Street, Askam-in-furness	Askam-In-Furness	£116,833	6
LA16 7BX	Victoria Street, Askam-in-furness	Askam-In-Furness	£121,125	4
LA16 7BH	Beach Street, Askam-in-furness	Askam-In-Furness	£133,250	4
LA16 7BE	Marsh Street, Askam-in-furness	Askam-In-Furness	£133,714	7