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Maryport House Prices Maryport House Prices

The average house price in Maryport is £133,915 using HM Land Registry data.

The average property price increased by £43,965 (45.3%) over the last 5 years and increased by £8,787 (6.65%) over the last 12 months.

Over the last year, there were 87 residential property sales – a decrease of 24 transactions (-27.59%) relative to the previous year. The majority of house sales (21) were in the £60,000 - £94,000 range. Then came properties in the £94,000 - £128,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,202 (-3%).

In April 2024, there were 10 new estate agency instructions, 15 agreed home sales and 6 property price reductions.

Postcodes Covered: CA15

5-Year Average Property Prices in Maryport

45.3%

Property prices in Maryport increased by 45.3% 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 Maryport Over the Last Year

6.65%

Property prices in Maryport increased by 6.65% 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 Maryport - 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 Maryport

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 Maryport

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 Maryport

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 Maryport since 1995

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

Recent Property Sales in Maryport

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Whitecroft, Maryport, Cumberland, CA15 8NQ£162,000£155,000-£7,00029 Sep 202316 Feb 2024140 Days
25 Ellenborough Old Road, Maryport, Cumberland, CA15 7PG£60,000£48,500-£11,50012 Aug 202201 Feb 2024538 Days
15 Ellen Wharf, Maryport, Cumberland, CA15 8BG£125,000£125,000£0012 Sep 202319 Jan 2024129 Days
3 The Netherdales, Maryport, Cumberland, CA15 7AQ£134,950£132,000-£2,95003 Nov 202312 Jan 202470 Days
6 Ismay Wharf, Maryport, Cumberland, CA15 8AX£189,995£189,995£0019 Sep 202320 Dec 202392 Days
17 Ellen Wharf, Maryport, Cumberland, CA15 8BG£125,000£124,250-£75005 Aug 202301 Dec 2023118 Days
17 Alne Road, Maryport, Cumberland, CA15 8EP£95,000£85,000-£10,00013 Jul 202324 Nov 2023134 Days
8 The Beeches, Maryport, Cumberland, CA15 7AH£235,000£225,000-£10,00022 Jun 202314 Nov 2023145 Days
5 Brook Side, Maryport, Cumberland, CA15 7AF£245,000£230,000-£15,00020 Jul 202301 Nov 2023104 Days
14 Station Street, Maryport, Cumberland, CA15 6LS£195,000£188,000-£7,00018 Jul 202330 Oct 2023104 Days
12 Ellenborough Place, Maryport, Cumberland, CA15 8EE£180,000£175,000-£5,00029 Jun 202327 Oct 2023120 Days
2 Crossings Terrace, Maryport, Cumberland, CA15 8EA£110,000£110,000£0030 Jun 202320 Oct 2023112 Days
34 Grasslot, Maryport, Cumberland, CA15 8BU£65,000£65,000£0021 Apr 202306 Oct 2023168 Days
57 Kirkby Street, Maryport, Cumberland, CA15 6EZ£125,000£125,000£0020 Apr 202305 Oct 2023168 Days
45 Grasslot, Maryport, Cumberland, CA15 8BX£82,500£80,000-£2,50024 Jan 202304 Oct 2023253 Days
8 High Street, Maryport, Cumberland, CA15 6BQ£270,000£270,000£0014 Jun 202304 Sep 202382 Days
62 Ewanrigg Road, Maryport, Cumberland, CA15 8HL£100,000£92,000-£8,00028 Apr 202301 Sep 2023126 Days
10 Windermere Road, Maryport, Cumberland, CA15 8BH£115,000£115,000£0018 May 202301 Sep 2023106 Days
75 High Street, Maryport, Cumberland, CA15 6BE£125,000£125,000£0022 Apr 202323 Aug 2023123 Days
13 Buchanan Terrace, Ellenborough, Maryport, Cumberland, CA15 7DS£110,000£110,000£0020 Jun 202316 Aug 202357 Days

Most Expensive Streets in Maryport

PostcodeStreetAreaAverageNo. of Sales
CA15 7RGElbra Farm CloseEllenborough£248,0004
CA15 6HEChurch StreetMaryport£219,0003
CA15 7AGSycamore RoadMaryport£210,0006
CA15 7AHThe BeechesMaryport£196,32114
CA15 6HTChristian StreetMaryport£195,0007
CA15 7AFBrook SideMaryport£186,0004
CA15 7AESycamore RoadMaryport£184,27015
CA15 7AZMeadow WayMaryport£178,54510
CA15 7DQLime GroveMaryport£168,9905
CA15 7DFMaple CloseMaryport£163,8333

Least Expensive Streets in Maryport

PostcodeStreetAreaAverageNo. of Sales
CA15 7PAElizabeth StreetMaryport£60,0005
CA15 8BUGrasslotMaryport£66,9927
CA15 7DSBuchanan TerraceEllenborough£68,0006
CA15 7PGEllenborough Old RoadMaryport£69,4997
CA15 7NPGeorge TerraceMaryport£70,5003
CA15 6EXKirkby MewsMaryport£73,1666
CA15 7NNBoyd StreetMaryport£74,0006
CA15 8DAGrasslotMaryport£74,30313
CA15 7BLSelina TerraceMaryport£74,5004
CA15 7PBArgyle TerraceMaryport£74,5624

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