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Silloth House Prices Silloth House Prices

The average house price in Silloth is £145,333 using HM Land Registry data.

The average property price increased by £23,578 (16.43%) over the last 5 years and increased by £4,713 (2.9%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 14 transactions (-56.00%) relative to the previous year. The majority of house sales (9) were in the £126,000 - £152,000 range. Then came properties in the £152,000 - £178,000 range, where 5 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 £-9,004 (-5%).

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

Postcodes Covered: CA7

5-Year Average Property Prices in Silloth

16.43%

Property prices in Silloth increased by 16.43% 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 Silloth Over the Last Year

2.9%

Property prices in Silloth increased by 2.9% 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 Silloth - 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 Silloth

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 Silloth

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 Silloth

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 Silloth since 1995

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

Recent Property Sales in Silloth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
57 Wampool Street, Silloth, Wigton, Cumberland, CA7 4BN£194,995£160,000-£34,99504 Aug 202326 Jan 2024175 Days
1 Pine Terrace, Silloth, Wigton, Cumberland, CA7 4DT£355,000£340,000-£15,00013 Apr 202310 Jan 2024272 Days
4 Skinburness Crescent, Skinburness, Wigton, Cumberland, CA7 4QL£175,000£168,000-£7,00007 Jul 202304 Dec 2023150 Days
18 - 20, Eden Street, Silloth, Wigton, Cumberland, CA7 4AD£160,000£155,000-£5,00004 Jul 202324 Nov 2023143 Days
7 Skinburness Drive, Silloth, Wigton, Cumberland, CA7 4QG£175,000£171,000-£4,00002 May 202323 Oct 2023174 Days
78 The Crofts, Silloth, Wigton, Cumberland, CA7 4EZ£135,000£126,000-£9,00030 Jun 202316 Oct 2023108 Days
26 The Crofts, Silloth, Wigton, Cumberland, CA7 4EY£120,000£115,000-£5,00013 Mar 202316 Aug 2023156 Days
The Flat, Bank House, Station Road, Silloth, Wigton, Cumberland, CA7 4AE£160,000£150,000-£10,00009 Nov 202203 Aug 2023267 Days
12 Lawn Terrace, Silloth, Wigton, Cumberland, CA7 4AW£230,000£230,000£0001 Apr 202327 Jul 2023117 Days
39 Waver Street, Silloth, Wigton, Cumberland, CA7 4DG£148,000£138,000-£10,00015 Feb 202309 Jun 2023114 Days
Larkspur, Skinburness Road, Silloth, Wigton, Cumberland, CA7 4QH£149,995£130,000-£19,99520 Mar 201513 Apr 20232946 Days
17 Skinburness Drive, Silloth, Wigton, Cumberland, CA7 4QG£145,000£145,000£0011 Nov 202231 Mar 2023140 Days
6 Petteril Terrace, Silloth, Wigton, Cumberland, CA7 4DN£125,000£80,000-£45,00014 Mar 201131 Mar 20234400 Days
Barnclose, East Cote, Skinburness Road, Silloth, Wigton, Cumberland, CA7 4QH£205,000£190,000-£15,00005 Sep 202229 Mar 2023205 Days
Park View, Barracks Bridge, Silloth, Wigton, Cumbria, CA7 4NR£299,950£280,000-£19,95027 Jul 202225 Nov 2022121 Days
11 New Street, Silloth, Wigton, Cumbria, CA7 4AT£130,000£128,000-£2,00015 Jul 202224 Oct 2022101 Days
6 Lawn Terrace, Silloth, Wigton, Cumbria, CA7 4AW£190,000£187,500-£2,50024 Aug 202107 Oct 2022409 Days
76 Skinburness Road, Silloth, Wigton, Cumbria, CA7 4QH£300,000£295,000-£5,00019 Apr 202228 Sep 2022162 Days
96 The Crofts, Silloth, Wigton, Cumbria, CA7 4HA£155,000£155,000£0028 Apr 202212 Aug 2022106 Days
Seafield House, School Lane, Silloth, Wigton, Cumbria, CA7 4DX£385,000£365,000-£20,00024 Nov 202119 Jul 2022237 Days

Most Expensive Streets in Silloth

PostcodeStreetAreaAverageNo. of Sales
CA7 4JPBlackthornsBlitterlees£368,0005
CA7 4QFSkinburness RoadSilloth£283,7504
CA7 4JJBlitterleesWigton£258,32510
CA7 4QHSkinburness RoadSilloth£253,00010
CA7 4NRBarracks BridgeSilloth£203,0004
CA7 4HYGreenrow MeadowsSilloth£180,2504
CA7 4AWLawn TerraceSilloth£173,4378
CA7 4BAHarvest ParkSilloth£163,5005
CA7 4ASEden StreetSilloth£163,0003
CA7 4QGSkinburness DriveSilloth£141,6666

Least Expensive Streets in Silloth

PostcodeStreetAreaAverageNo. of Sales
CA7 4EHMary StreetSilloth£81,6663
CA7 4HNGolf TerraceSilloth£88,5004
CA7 4ATNew StreetSilloth£91,7504
CA7 4BNWampool StreetSilloth£94,0628
CA7 4DNPetteril TerraceSilloth£105,0003
CA7 4EZThe CroftsSilloth£106,1427
CA7 4ARSolway StreetSilloth£108,2504
CA7 4ESLinks CloseSilloth£113,0004
CA7 4ADEden StreetSilloth£115,6666
CA7 4BPCentral TerraceSilloth£117,6663

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