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Wigton House Prices Wigton House Prices

The average house price in Wigton is £79,250 using HM Land Registry data.

The average property price increased by £20,919 (12.6%) over the last 5 years and increased by £4,181 (2.29%) over the last 12 months.

Over the last year, there were 77 residential property sales – a decrease of 32 transactions (-41.56%) relative to the previous year. The majority of house sales (21) were in the £116,000 - £162,000 range. Then came properties in the £208,000 - £254,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 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 19 new estate agency instructions, 9 agreed home sales and 15 property price reductions.

Postcodes Covered: CA7

5-Year Average Property Prices in Wigton

12.6%

Property prices in Wigton increased by 12.6% 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 Wigton Over the Last Year

2.29%

Property prices in Wigton increased by 2.29% 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 Wigton - 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 Wigton

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 Wigton

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 Wigton

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 Wigton since 1995

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

Recent Property Sales in Wigton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
27 Scholars Green, Wigton, Cumberland, CA7 9QW£210,000£200,000-£10,00009 Nov 202322 Mar 2024134 Days
15 Croft Court, Wigton, Cumberland, CA7 9NH£100,000£100,000£0013 Jul 202319 Feb 2024221 Days
11 Kirkland Road, Wigton, Cumberland, CA7 9JB£120,000£117,000-£3,00013 Oct 202314 Feb 2024124 Days
42 Primrose Bank, Wigton, Cumberland, CA7 9JW£265,000£250,000-£15,00024 Jun 202331 Oct 2023129 Days
49 The Hawthorns, Wigton, Cumberland, CA7 9LE£299,000£295,000-£4,00012 Jul 202325 Oct 2023105 Days
Brindle Nook, Highmoor, Wigton, Cumberland, CA7 9LQ£325,000£275,000-£50,00015 Dec 202225 Oct 2023314 Days
12 Longthwaite Crescent, Wigton, Cumberland, CA7 9JN£275,000£275,000£0011 Aug 202325 Oct 202375 Days
2 Springfields, Wigton, Cumberland, CA7 9JS£250,000£250,000£0027 May 202320 Oct 2023146 Days
Ryehill, West Road, Wigton, Cumberland, CA7 9RG£189,950£160,000-£29,95011 Mar 201316 Oct 20233871 Days
12 Standingstone Heights, Wigton, Cumberland, CA7 9DS£310,000£307,000-£3,00024 Jun 202329 Sep 202397 Days
38 George Street, Wigton, Cumberland, CA7 9PN£145,000£137,500-£7,50021 May 202327 Sep 2023129 Days
5 Primrose Bank, Wigton, Cumberland, CA7 9JW£240,000£232,500-£7,50023 Jun 202321 Sep 202390 Days
23 Kirkland Meadows, Wigton, Cumberland, CA7 9JE£365,000£360,000-£5,00008 May 202315 Sep 2023130 Days
Olivern, Proctors Square, Wigton, Cumberland, CA7 9AR£89,950£80,000-£9,95010 Apr 202311 Sep 2023154 Days
13 Howrigg Bank, Wigton, Cumberland, CA7 9JF£135,000£131,250-£3,75017 May 202325 Aug 2023100 Days
Burnfoot Cottage, Burnfoot, Wigton, Cumberland, CA7 9HL£165,000£140,000-£25,00021 Mar 202324 Aug 2023156 Days
4 Kirkland Meadows, Wigton, Cumberland, CA7 9JE£130,000£130,000£0015 Nov 202218 Aug 2023276 Days
6 Deer Park, Wigton, Cumberland, CA7 9ND£220,000£220,000£0004 May 202318 Aug 2023106 Days
41 The Hawthorns, Wigton, Cumberland, CA7 9LE£240,000£220,000-£20,00011 Jan 202314 Aug 2023215 Days
5 Highfield Park, Wigton, Cumberland, CA7 9DJ£380,000£375,000-£5,00015 Apr 202301 Aug 2023108 Days

Most Expensive Streets in Wigton

PostcodeStreetAreaAverageNo. of Sales
CA7 9DJHighfield ParkWigton£330,0004
CA7 9DHGrange GardensWigton£291,6663
CA7 9BNStation HillWigton£266,2504
CA7 9LRSouth Bank CloseWigton£247,8005
CA7 9BZWoodside ParkWigton£239,75295
CA7 9EZGrange ViewWigton£236,8754
CA7 9DSStandingstone HeightsWigton£236,7005
CA7 9JEKirkland MeadowsWigton£232,0005
CA7 9LGWest AvenueWigton£230,6254
CA7 9EGWoolner BrookWigton£225,96113

Least Expensive Streets in Wigton

PostcodeStreetAreaAverageNo. of Sales
CA7 9BQKevean CourtStation Road£55,3333
CA7 9AQRedmayne CourtWigton£60,1663
CA7 9NJHigh StreetWigton£61,6663
CA7 9ARProctors SquareWigton£67,5003
CA7 9ETHodgsons CloseWigton£69,0003
CA7 9SBMeadow RoadWigton£74,1005
CA7 9ALNew StreetWigton£81,59011
CA7 9JAEast EndWigton£83,3333
CA7 9EYMarket HillWigton£86,5003
CA7 9NHCroft CourtWigton£94,10010

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