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House Prices in LA16 House Prices in LA16 (Askam-In-Furness)

The average house price in LA16 (Askam-In-Furness) is £177,500 using HM Land Registry data.

The average property price increased by £53,963 (28.67%) over the last 5 years and increased by £10,813 (4.25%) over the last 12 months.

Over the last year, there were 35 residential property sales – a decrease of 19 transactions (-54.29%) relative to the previous year. The majority of house sales (9) were in the £90,000 - £148,000 range. Then came properties in the £206,000 - £264,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 14 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,230 (-4%).

In Dec 24, there were 3 new estate agency instructions, 2 agreed home sales and 2 property price reductions.

Nearby Postcodes: LA11, LA12, LA13, LA14, LA15, LA17, LA20, LA21, LA22, LA23

5-Year Average Property Prices in LA16 (Askam-In-Furness)

28.67%

Property prices in Askam-In-Furness increased by 28.67% 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 LA16 (Askam-In-Furness) Over the Last Year

4.25%

Property prices in Askam-In-Furness increased by 4.25% 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 LA16 (Askam-In-Furness) - Dec 24

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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 LA16 (Askam-In-Furness)

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 LA16 (Askam-In-Furness)

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 LA16 (Askam-In-Furness)

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 LA16 (Askam-In-Furness) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA16 postcode area since 1995.

Recent Sales in LA16 (Askam-In-Furness)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Ireleth, Askam-in-furness, Westmorland And Furness, LA16 7EG£295,000£287,500-£7,50002 May 202401 Nov 2024183 Days
1 School View, Askam-in-furness, Westmorland And Furness, LA16 7FN£245,000£242,500-£2,50003 Apr 202429 Oct 2024209 Days
35 The Headlands, Askam-in-furness, Westmorland And Furness, LA16 7JB£375,000£370,000-£5,00027 Oct 202313 Sep 2024322 Days
24 Abbey Heights, Askam-in-furness, Westmorland And Furness, LA16 7HT£275,000£265,000-£10,00021 Mar 202412 Aug 2024144 Days
116 Crossley Street, Askam-in-furness, Westmorland And Furness, LA16 7AU£135,000£130,000-£5,00015 Apr 202426 Jul 2024102 Days
29 Turnstone Crescent, Askam-in-furness, Westmorland And Furness, LA16 7JT£379,950£375,000-£4,95007 Feb 202412 Jul 2024156 Days
42 Steel Street, Askam-in-furness, Westmorland And Furness, LA16 7BP£89,999£83,000-£6,99916 Jan 202417 Jun 2024153 Days
15 Dalton Road, Askam-in-furness, Westmorland And Furness, LA16 7AP£165,000£165,000£0002 Oct 202328 May 2024239 Days
4 Turnstone Crescent, Askam-in-furness, Westmorland And Furness, LA16 7JT£380,000£380,000£0026 Dec 202321 May 2024147 Days
18 Blea Beck, Askam-in-furness, Westmorland And Furness, LA16 7DG£260,000£257,000-£3,00020 Nov 202317 May 2024179 Days
4 Ireleth Brow, Askam-in-furness, Westmorland And Furness, LA16 7HB£335,000£275,000-£60,00013 Jul 202305 May 2024297 Days
10 Hollowgate, Askam-in-furness, Westmorland And Furness, LA16 7ES£120,000£120,000£0008 Jan 202425 Apr 2024108 Days
The Bungalow, Crossley Street, Askam-in-furness, Westmorland And Furness, LA16 7AS£230,000£192,000-£38,00025 Aug 202325 Apr 2024244 Days
16 High Duddon Close, Askam-in-furness, Westmorland And Furness, LA16 7EW£220,000£220,000£0006 Nov 202305 Apr 2024151 Days
9 Estuary Park, Askam-in-furness, Westmorland And Furness, LA16 7JA£235,000£227,500-£7,50027 Jul 202305 Dec 2023131 Days
7 Teal Close, Askam-in-furness, Westmorland And Furness, LA16 7JF£575,000£575,000£0030 Mar 202301 Dec 2023246 Days
4 Estuary Park, Askam-in-furness, Westmorland And Furness, LA16 7JA£250,000£245,000-£5,00004 Aug 202330 Nov 2023118 Days
108 Steel Street, Askam-in-furness, Westmorland And Furness, LA16 7BS£125,000£125,000£0011 Jul 202315 Nov 2023127 Days
Rainbows End, Saves Lane, Askam-in-furness, Westmorland And Furness, LA16 7DY£310,000£290,000-£20,00005 Jun 202306 Nov 2023154 Days
13 Wakefield Street, Askam-in-furness, Westmorland And Furness, LA16 7JR£339,950£335,000-£4,95006 Sep 202230 Oct 2023419 Days

Most Expensive Streets in LA16 (Askam-In-Furness)

PostcodeStreetAreaAverageNo. of Sales
LA16 7HJSaves Lane, Askam-in-furnessAskam-In-Furness£407,5003
LA16 7JTTurnstone Crescent, Askam-in-furnessAskam-In-Furness£348,4938
LA16 7BDSandy Lane, Askam-in-furnessAskam-In-Furness£348,0005
LA16 7HEGreenscoe, Askam-in-furnessAskam-In-Furness£336,6663
LA16 7DYSaves Lane, Askam-in-furnessAskam-In-Furness£333,4086
LA16 7JPParklands Drive, Askam-in-furnessAskam-In-Furness£303,85010
LA16 7JBThe Headlands, Askam-in-furnessAskam-In-Furness£283,1666
LA16 7HWCaspian Road, Askam-in-furnessAskam-In-Furness£252,8505
LA16 7JGPryors Walk, Askam-in-furnessAskam-In-Furness£245,0003
LA16 7HTAbbey Heights, Askam-in-furnessAskam-In-Furness£242,6577

Least Expensive Streets in LA16 (Askam-In-Furness)

PostcodeStreetAreaAverageNo. of Sales
LA16 7BJJohn Street, Askam-in-furnessAskam-In-Furness£56,3333
LA16 7BPSteel Street, Askam-in-furnessAskam-In-Furness£81,74512
LA16 7BBWalker Street, Askam-in-furnessAskam-In-Furness£93,9005
LA16 7BNSharp Street, Askam-in-furnessAskam-In-Furness£97,65013
LA16 7BUFurnace Place, Askam-in-furnessAskam-In-Furness£109,03813
LA16 7BSSteel Street, Askam-in-furnessAskam-In-Furness£110,2719
LA16 7BGBeach Street, Askam-in-furnessAskam-In-Furness£116,8336
LA16 7BXVictoria Street, Askam-in-furnessAskam-In-Furness£121,1254
LA16 7BHBeach Street, Askam-in-furnessAskam-In-Furness£133,2504
LA16 7BEMarsh Street, Askam-in-furnessAskam-In-Furness£133,7147

Explore LA16 (Askam-In-Furness) using map

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