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Bowness-on-Windermere House Prices Bowness-on-Windermere House Prices

The average house price in Bowness-on-Windermere is £442,125 using HM Land Registry data.

The average property price increased by £154,344 (44.72%) over the last 5 years and increased by £30,847 (6.58%) over the last 12 months.

Over the last year, there were 33 residential property sales – a decrease of 6 transactions (-18.18%) relative to the previous year. The majority of house sales (10) were in the £274,000 - £388,000 range. Then came properties in the £388,000 - £502,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,026 (-3%).

In April 2024, there were 10 new estate agency instructions, 5 agreed home sales and 3 property price reductions.

Neighbouring Areas: Windermere

Postcodes Covered: LA23

5-Year Average Property Prices in Bowness-on-Windermere

44.72%

Property prices in Bowness-on-Windermere increased by 44.72% 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 Bowness-on-Windermere Over the Last Year

6.58%

Property prices in Bowness-on-Windermere increased by 6.58% 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.

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).

Property Market Heat Gauge for Bowness-on-Windermere - April 2024

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 Bowness-on-Windermere

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 Bowness-on-Windermere

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 Bowness-on-Windermere

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 Bowness-on-Windermere since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bowness-on-Windermere area since 1995.

Recent Property Sales in Bowness-on-Windermere

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49a, Quarry Rigg, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3DT£220,000£210,000-£10,00029 Nov 202329 Feb 202492 Days
20 South Craig, Windermere, Westmorland And Furness, LA23 2JH£540,000£510,000-£30,00014 Oct 202202 Feb 2024476 Days
123a, Craig Walk, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3AX£285,000£270,000-£15,00011 Aug 202306 Dec 2023117 Days
2 South Terrace, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3BH£365,000£355,000-£10,00026 Apr 202307 Nov 2023195 Days
1 Firtree Crescent, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3HA£470,000£455,000-£15,00003 Mar 202330 Oct 2023241 Days
8 Craig Court, Windermere, Westmorland And Furness, LA23 2JU£335,000£335,000£0015 Apr 202308 Sep 2023146 Days
2 Firtree Crescent, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3HA£525,000£525,000£0001 Apr 202304 Sep 2023156 Days
131 Craig Walk, Bowness On Windermere, Windermere, Westmorland And Furness, LA23 3AX£435,000£400,000-£35,00006 Dec 202226 May 2023171 Days
78 Craig Walk, Windermere, Westmorland And Furness, LA23 2JS£399,995£365,000-£34,99530 Dec 202228 Apr 2023119 Days
17 Annisgarth Park, Windermere, Westmorland And Furness, LA23 2HX£815,000£750,000-£65,00009 Aug 202213 Apr 2023247 Days
13 North Craig, Windermere, Westmorland And Furness, LA23 2ET£350,000£337,000-£13,00019 Nov 202231 Mar 2023132 Days
1a, Lake View Villas, Bowness On Windermere, Windermere, Cumbria, LA23 3BP£399,500£375,000-£24,50026 Jul 202217 Mar 2023234 Days
Flat 7, Beresford Court, Lake Road, Windermere, Westmorland And Furness, LA23 2JL£199,950£170,000-£29,95009 Jan 202006 Mar 20231152 Days
Flat 7, Beresford Court, Lake Road, Windermere, Westmorland And Furness, LA23 2JL£185,000£170,000-£15,00025 Nov 202206 Mar 2023101 Days
8 Brow Close, Windermere, Cumbria, LA23 2HA£415,000£390,000-£25,00029 Oct 202217 Feb 2023111 Days
11 Quarry Rigg, Bowness On Windermere, Windermere, Cumbria, LA23 3DT£320,000£286,000-£34,00029 Jun 202203 Feb 2023219 Days
6 Brantfell Walk, Bowness On Windermere, Windermere, Cumbria, LA23 3AT£450,000£450,000£0025 May 202215 Nov 2022174 Days
4 Elim Mews, Windermere, Cumbria, LA23 2JY£287,500£285,000-£2,50030 Jul 202226 Oct 202288 Days
14 South Craig, Windermere, Cumbria, LA23 2JH£375,000£363,000-£12,00025 Jul 202221 Oct 202288 Days
Tree Tops, Kendal Road, Bowness On Windermere, Windermere, Cumbria, LA23 3FB£1,000,000£1,000,000£0028 Sep 202107 Oct 2022374 Days

Most Expensive Streets in Bowness-on-Windermere

PostcodeStreetAreaAverageNo. of Sales
LA23 3ASLonglands RoadBowness On Windermere£1,091,6663
LA23 3ESFerney GreenBowness On Windermere£839,1666
LA23 3HXWindy Hall RoadBowness On Windermere£746,6663
LA23 3AEBrantfell RoadBowness On Windermere£679,5008
LA23 3FBKendal RoadBowness On Windermere£662,5004
LA23 2HXAnnisgarth ParkWindermere£630,5004
LA23 3ENCrown RiggKendal Road£566,6663
LA23 3HSFerney Green DriveBowness On Windermere£563,1373
LA23 3HAFirtree CrescentBowness On Windermere£463,7504
LA23 2JHSouth CraigWindermere£415,1005

Least Expensive Streets in Bowness-on-Windermere

PostcodeStreetAreaAverageNo. of Sales
LA23 3AZHelm CloseBowness On Windermere£121,8754
LA23 3GQSt Martins CourtSt Martins Parade£150,5004
LA23 3DXFallbarrow CourtBowness On Windermere£173,4374
LA23 3DTQuarry RiggBowness On Windermere£191,16117
LA23 2JWBank RoadWindermere£232,2034
LA23 2JGBeresford RoadWindermere£263,7005
LA23 2FJPattinson HouseBeresford Road£278,8663
LA23 3BPLake View VillasBowness On Windermere£285,6663
LA23 3BWGreenbank ChaseGreen Bank£300,5004
LA23 3BHSouth TerraceBowness On Windermere£300,8333

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