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Carnforth House Prices Carnforth House Prices

The average house price in Carnforth is £204,500 using HM Land Registry data.

The average property price increased by £34,139 (20.55%) over the last 5 years and increased by £6,823 (3.53%) over the last 12 months.

Over the last year, there were 73 residential property sales – a decrease of 36 transactions (-49.32%) relative to the previous year. The majority of house sales (25) were in the £120,000 - £154,000 range. Then came properties in the £154,000 - £188,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,908 (-2%).

In April 2024, there were 22 new estate agency instructions, 9 agreed home sales and 8 property price reductions.

Postcodes Covered: LA5

5-Year Average Property Prices in Carnforth

20.55%

Property prices in Carnforth increased by 20.55% 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 Carnforth Over the Last Year

3.53%

Property prices in Carnforth increased by 3.53% 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 Carnforth - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Carnforth

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 Carnforth

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 Carnforth

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 Carnforth since 1995

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

Recent Property Sales in Carnforth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Grosvenor Place, Carnforth, Lancashire, LA5 9DL£159,000£154,000-£5,00016 Aug 202326 Jan 2024163 Days
17 Longacre Close, Carnforth, Lancashire, LA5 9EN£230,000£210,000-£20,00024 Jul 202322 Jan 2024182 Days
16 Grosvenor Place, Carnforth, Lancashire, LA5 9DL£185,000£176,000-£9,00016 Mar 202319 Jan 2024309 Days
113 Redruth Drive, Carnforth, Lancashire, LA5 9TT£260,000£227,000-£33,00021 Jun 202319 Dec 2023181 Days
16 New Street, Carnforth, Lancashire, LA5 9BX£150,000£145,000-£5,00016 Aug 202318 Dec 2023124 Days
127 Redruth Drive, Carnforth, Lancashire, LA5 9TT£250,000£241,500-£8,50016 Aug 202306 Dec 2023112 Days
53 Redruth Drive, Carnforth, Lancashire, LA5 9TT£172,000£168,000-£4,00026 Jun 202330 Nov 2023157 Days
15 Whernside Grove, Carnforth, Lancashire, LA5 9XH£439,000£430,000-£9,00027 Jul 202324 Nov 2023120 Days
11 Langdale Road, Carnforth, Lancashire, LA5 9AU£205,000£190,000-£15,00004 Aug 202310 Nov 202398 Days
12 Ingleborough View, Carnforth, Lancashire, LA5 9AT£185,000£173,000-£12,00028 Apr 202310 Nov 2023196 Days
74 North Road, Carnforth, Lancashire, LA5 9NA£185,000£183,000-£2,00012 Jul 202326 Oct 2023106 Days
41 Kellet Road, Carnforth, Lancashire, LA5 9LP£155,000£150,000-£5,00014 Mar 202324 Oct 2023224 Days
1 Edward Street, Carnforth, Lancashire, LA5 9DA£185,000£172,000-£13,00007 Jun 202325 Sep 2023110 Days
4 The Drive, Carnforth, Lancashire, LA5 9JD£175,000£160,000-£15,00018 May 202322 Sep 2023127 Days
1 Yealand Grove, Carnforth, Lancashire, LA5 9XE£279,950£262,500-£17,45011 Apr 202322 Sep 2023164 Days
4 Rupert Street, Carnforth, Lancashire, LA5 9UU£155,000£155,000£0017 Jul 202315 Sep 202360 Days
25 King Street, Carnforth, Lancashire, LA5 9DU£185,000£185,000£0029 Apr 202321 Aug 2023114 Days
3 Archers Hill, Carnforth, Lancashire, LA5 9HG£169,950£169,950£0006 Apr 202318 Aug 2023134 Days
45 Haws Hill, Carnforth, Lancashire, LA5 9DD£160,000£152,500-£7,50031 May 202311 Aug 202372 Days
10 New Street, Carnforth, Lancashire, LA5 9BX£155,000£152,500-£2,50013 May 202311 Aug 202390 Days

Most Expensive Streets in Carnforth

PostcodeStreetAreaAverageNo. of Sales
LA5 9NGNorth RoadCarnforth£394,80713
LA5 9XHWhernside GroveCarnforth£373,3333
LA5 9EHCrag Bank RoadCarnforth£304,2147
LA5 9HRHazelmount DriveWarton£275,1666
LA5 9LUNorth RoadCarnforth£275,0007
LA5 9TUSt Austell PlaceCarnforth£269,3758
LA5 9UPBowland CloseCarnforth£268,3333
LA5 9UWBrowsholme CloseCarnforth£265,6065
LA5 9ENLongacre CloseCarnforth£265,0003
LA5 9EQCrag Bank CrescentCarnforth£253,3336

Least Expensive Streets in Carnforth

PostcodeStreetAreaAverageNo. of Sales
LA5 9HJMary StreetCarnforth£84,1663
LA5 9HEWilliam StreetCarnforth£93,24512
LA5 9HHStainton StreetCarnforth£97,0003
LA5 9BWRamsden StreetCarnforth£100,1663
LA5 9DRAlbert StreetMillhead£104,1878
LA5 9LSKellet RoadCarnforth£106,6663
LA5 9XLFairfield CloseCarnforth£110,5647
LA5 9BYPreston StreetCarnforth£114,6663
LA5 9BFRedmayne CourtAshtrees Way£116,5833
LA5 9HFJackson TerraceCarnforth£117,0004

Explore Carnforth and Neighbouring Area House Prices

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