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Carlisle House Prices Carlisle House Prices

The average house price in Carlisle is £176,689 using HM Land Registry data.

The average property price increased by £24,503 (17.59%) over the last 5 years and increased by £4,897 (3.08%) over the last 12 months.

Over the last year, there were 1,055 residential property sales – a decrease of 483 transactions (-45.78%) relative to the previous year. The majority of house sales (290) were in the £108,000 - £146,000 range. Then came properties in the £70,000 - £108,000 range, where 237 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,267 (-2%).

In April 2024, there were 171 new estate agency instructions, 127 agreed home sales and 75 property price reductions.

Postcodes Covered: CA1, CA2, CA3, CA6

5-Year Average Property Prices in Carlisle

17.59%

Property prices in Carlisle increased by 17.59% 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 Carlisle Over the Last Year

3.08%

Property prices in Carlisle increased by 3.08% 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 Carlisle - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Carlisle

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 Carlisle

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 Carlisle

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 Carlisle since 1995

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

Recent Property Sales in Carlisle

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Thornton Road, Carlisle, Cumberland, CA3 9HZ£235,000£225,500-£9,50022 Dec 202308 Mar 202477 Days
292 Kingstown Road, Carlisle, Cumberland, CA3 0BN£99,000£90,000-£9,00003 Aug 202329 Feb 2024210 Days
61 Yewdale Road, Carlisle, Cumberland, CA2 7SL£165,000£165,000£0007 Nov 202328 Feb 2024113 Days
23 Priorwood Close, Carlisle, Cumberland, CA2 7TU£215,000£210,000-£5,00027 Nov 202326 Feb 202491 Days
43 Dale End Road, Carlisle, Cumberland, CA1 3DE£65,000£30,000-£35,00013 Jul 202121 Feb 2024953 Days
43 Caldew Close, Carlisle, Cumberland, CA3 9JL£52,500£52,500£0012 Apr 202319 Feb 2024313 Days
37 Criffel Road, Carlisle, Cumberland, CA2 7QP£150,000£145,000-£5,00017 Oct 202319 Feb 2024125 Days
86 Cumwhinton Road, Carlisle, Cumberland, CA1 3JB£170,000£170,000£0024 Jul 202316 Feb 2024207 Days
15 Nook Street, Carlisle, Cumberland, CA1 2DF£95,000£95,000£0025 Oct 202316 Feb 2024114 Days
10 Red Bank Square, Carlisle, Cumberland, CA2 4BG£90,000£82,000-£8,00023 Nov 202316 Feb 202485 Days
467 Warwick Road, Carlisle, Cumberland, CA1 2SB£210,000£206,500-£3,50005 Jan 202409 Feb 202435 Days
2 St Josephs Court, Carlisle, Cumberland, CA1 2UH£129,950£129,950£0026 Sep 202309 Feb 2024136 Days
86 Dalston Road, Carlisle, Cumberland, CA2 5PN£230,000£220,000-£10,00026 May 202308 Feb 2024258 Days
19 Lowry Hill Road, Carlisle, Cumberland, CA3 0DG£200,000£195,000-£5,00013 Sep 202302 Feb 2024142 Days
79 Briar Bank, Carlisle, Cumberland, CA3 9SP£135,000£135,000£0019 Oct 202301 Feb 2024105 Days
6 Jaysmith Close, Carlisle, Cumberland, CA3 0QH£169,950£169,450-£50005 Oct 202330 Jan 2024117 Days
89 Valley Drive, Carlisle, Cumberland, CA1 3TR£146,000£146,000£0014 Nov 202330 Jan 202477 Days
5 Norfolk Road, Carlisle, Cumberland, CA2 5PQ£235,000£233,000-£2,00022 Sep 202330 Jan 2024130 Days
10 Berkeley Grange, Carlisle, Cumberland, CA2 7PW£210,000£205,000-£5,00009 Jul 202326 Jan 2024201 Days
37 Silverdale Road, Carlisle, Cumberland, CA1 3SF£130,000£115,000-£15,00016 Aug 202325 Jan 2024162 Days

Most Expensive Streets in Carlisle

PostcodeStreetAreaAverageNo. of Sales
CA1 1PXAlfred Street NorthCarlisle£490,0004
CA3 9NXEtterby ScaurCarlisle£449,9005
CA3 9NBDevonshire TerraceCarlisle£426,2504
CA1 1PYPortland SquareCarlisle£411,2504
CA3 9FNRobins WoodStanwix£379,3754
CA3 9ADLonglands RoadCarlisle£376,2105
CA1 3GNParkland AvenueCarlisle£368,92510
CA3 9AELonglands RoadCarlisle£367,6663
CA3 0HTMillcroftCarlisle£364,8754
CA1 3HXCumwhinton DriveCarlisle£362,5003

Least Expensive Streets in Carlisle

PostcodeStreetAreaAverageNo. of Sales
CA2 4JNScaleby CloseCarlisle£46,9389
CA3 9JLCaldew CloseCarlisle£49,1628
CA3 9BXKnowefield CloseCarlisle£50,5005
CA1 2JBEdward StreetCarlisle£50,8333
CA2 7EWFairfield GardensCarlisle£52,5004
CA2 6SXReeth RoadCarlisle£53,3754
CA1 2TUBotcherby AvenueCarlisle£53,6663
CA3 9PWBalmoral CourtCarlisle£53,8905
CA2 7HPMarks AvenueCarlisle£57,0003
CA2 5XRCollingwood StreetCarlisle£58,7506

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