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Egremont House Prices Egremont House Prices

The average house price in Egremont is £149,500 using HM Land Registry data.

The average property price increased by £21,194 (18.58%) over the last 5 years and increased by £4,236 (3.23%) over the last 12 months.

Over the last year, there were 61 residential property sales – a decrease of 22 transactions (-36.07%) relative to the previous year. The majority of house sales (17) were in the £60,000 - £92,000 range. Then came properties in the £92,000 - £124,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 23 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,892 (-4%).

In April 2024, there were 4 new estate agency instructions, 5 agreed home sales and 1 property price reductions.

Postcodes Covered: CA22

5-Year Average Property Prices in Egremont

18.58%

Property prices in Egremont increased by 18.58% 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 Egremont Over the Last Year

3.23%

Property prices in Egremont increased by 3.23% 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 Egremont - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Egremont

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 Egremont

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 Egremont

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 Egremont since 1995

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

Recent Property Sales in Egremont

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Ling Road, Egremont, Cumberland, CA22 2JU£240,000£230,000-£10,00018 May 202304 Dec 2023200 Days
1 Kirksyde, Egremont, Cumberland, CA22 2BW£120,000£120,000£0003 Apr 202329 Nov 2023240 Days
8 Rowntree Gardens, Egremont, Cumberland, CA22 2ER£225,000£222,500-£2,50019 May 202317 Nov 2023182 Days
6 Lamb Lane, Egremont, Cumberland, CA22 2AH£69,950£63,000-£6,95004 Aug 202327 Oct 202384 Days
22 Langhorn Court, Egremont, Cumberland, CA22 2QZ£245,000£238,000-£7,00028 Jul 202327 Oct 202391 Days
12 Spedding Close, Egremont, Cumberland, CA22 2DA£225,000£220,000-£5,00029 Apr 202320 Oct 2023174 Days
14 Rowntree Gardens, Egremont, Cumberland, CA22 2ER£225,000£205,000-£20,00025 Apr 202320 Oct 2023178 Days
8 Ashley Way, Egremont, Cumberland, CA22 2JT£200,000£198,000-£2,00020 Jul 202312 Oct 202384 Days
15 Longlands Close, Egremont, Cumberland, CA22 2QX£270,000£265,000-£5,00012 May 202329 Sep 2023140 Days
26 The Willows, Egremont, Cumberland, CA22 2HT£97,500£90,000-£7,50021 Feb 202329 Sep 2023220 Days
23 Greenmoor Road, Egremont, Cumberland, CA22 2QS£80,000£77,000-£3,00026 Jun 202301 Sep 202367 Days
60 North Road, Egremont, Cumberland, CA22 2PR£75,000£75,000£0001 Jun 202325 Aug 202385 Days
22 Shakespeare Avenue, Egremont, Cumberland, CA22 2HF£149,995£149,995£0008 Jun 202318 Aug 202371 Days
24 Bridge End Park, Egremont, Cumberland, CA22 2RH£124,000£115,000-£9,00025 Apr 202328 Jul 202394 Days
24 Wordsworth Close, Egremont, Cumberland, CA22 2HG£120,000£110,000-£10,00010 Mar 202324 Jul 2023136 Days
22 Windrigg Close, Egremont, Cumberland, CA22 2EE£145,000£140,000-£5,00008 Mar 202321 Jul 2023135 Days
32 East Road, Egremont, Cumberland, CA22 2ED£130,000£125,500-£4,50004 Apr 202319 Jul 2023106 Days
2 Ashley Way, Egremont, Cumberland, CA22 2JT£225,000£216,000-£9,00006 Apr 202321 Jun 202376 Days
8 The Willows, Egremont, Cumberland, CA22 2HT£89,950£88,500-£1,45023 Jan 202331 May 2023128 Days
3 East Road, Egremont, Cumberland, CA22 2ED£110,000£93,000-£17,00011 Jan 202326 May 2023135 Days

Most Expensive Streets in Egremont

PostcodeStreetAreaAverageNo. of Sales
CA22 2QXLonglands CloseEgremont£255,6663
CA22 2DYWyndham PlaceEgremont£247,4163
CA22 2JSGreendykesEgremont£214,2504
CA22 2ERRowntree GardensEgremont£204,1663
CA22 2QZLanghorn CourtEgremont£200,5905
CA22 2JHParklands DriveEgremont£195,6663
CA22 2JJWestfield DriveEgremont£191,6503
CA22 2JTAshley WayEgremont£187,12012
CA22 2JLFellview DriveEgremont£182,1427
CA22 2LXHagget EndEgremont£181,0005

Least Expensive Streets in Egremont

PostcodeStreetAreaAverageNo. of Sales
CA22 2RGVale ViewEgremont£46,5004
CA22 2EPWyndham WayEgremont£48,2124
CA22 2BBSt Bridgets LaneEgremont£50,5003
CA22 2PTLongcroftEgremont£63,3754
CA22 2EGBrisco MountEgremont£65,5006
CA22 2DJMain StreetEgremont£69,0713
CA22 2AHLamb LaneEgremont£69,5559
CA22 2JBThe FernsEgremont£72,8333
CA22 2EQBrisco RoadEgremont£73,0003
CA22 2QWOld SmithfieldEgremont£74,1254

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