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Workington House Prices Workington House Prices

The average house price in Workington is £143,000 using HM Land Registry data.

The average property price increased by £12,086 (10.06%) over the last 5 years and increased by £2,421 (1.87%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 57 transactions (-22.80%) relative to the previous year. The majority of house sales (73) were in the £94,000 - £128,000 range. Then came properties in the £60,000 - £94,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,488 (-2%).

In January 2025, there were 34 new estate agency instructions, 28 agreed home sales and 17 property price reductions.

Neighbouring Areas: Seaton (Cumbria)

Postcodes Covered: CA14

5-Year Average Property Prices in Workington

10.06%

Property prices in Workington increased by 10.06% 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 Workington Over the Last Year

1.87%

Property prices in Workington increased by 1.87% 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 Workington - January 2025

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 Workington

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 Workington

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 Workington

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 Workington since 1995

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

Recent Property Sales in Workington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Lorne Villas, Workington, Cumberland, CA14 4BY£380,000£378,000-£2,00014 May 202402 Dec 2024202 Days
46 Mason Street, Workington, Cumberland, CA14 3EQ£230,000£228,000-£2,00010 Jul 202402 Dec 2024145 Days
8 Chapel Street, Workington, Cumberland, CA14 2BS£89,950£85,000-£4,95002 Sep 202429 Nov 202488 Days
45 Cumberland Street, Workington, Cumberland, CA14 2QP£60,000£60,000£017 Jul 202429 Nov 2024135 Days
41 Guard Street, Workington, Cumberland, CA14 4DZ£130,000£130,000£011 Jul 202419 Nov 2024131 Days
14 Eller Bank, Harrington, Workington, Cumberland, CA14 5LA£50,000£48,000-£2,00013 Jun 202418 Nov 2024158 Days
2b, High Close, High Harrington, Workington, Cumberland, CA14 5RH£200,000£200,000£001 Jul 202415 Nov 2024137 Days
29 Cumberland Street, Workington, Cumberland, CA14 2QP£90,000£86,000-£4,00023 Aug 202408 Nov 202477 Days
10 Murraydale Terrace, Workington, Cumberland, CA14 2EB£95,000£90,000-£5,00019 Apr 202401 Nov 2024196 Days
86 Peter Street, Workington, Cumberland, CA14 3DJ£55,000£49,000-£6,00016 Jan 201930 Oct 20242114 Days
27 Cumberland Street, Workington, Cumberland, CA14 2QP£100,000£100,000£016 May 202425 Oct 2024162 Days
24 Findlay Place, Workington, Cumberland, CA14 2XG£85,000£85,000£007 May 202423 Aug 2024108 Days
33 Berwick Street, Workington, Cumberland, CA14 3EN£137,000£133,750-£3,25004 May 202423 Aug 2024111 Days
14 Infirmary Road, Workington, Cumberland, CA14 2UG£95,000£95,000£001 Apr 202416 Aug 2024137 Days
19 Newlands Lane, Workington, Cumberland, CA14 3NF£250,000£250,000£021 May 202412 Aug 202483 Days
29 Harcourt Street, Workington, Cumberland, CA14 2XL£67,500£67,000-£50028 Sep 202302 Aug 2024309 Days
33 Stanbeck Meadows, Workington, Cumberland, CA14 3ND£230,000£230,000£028 Mar 202402 Aug 2024127 Days
2 Church Road Terrace, High Harrington, Workington, Cumberland, CA14 5PL£140,000£140,000£005 Feb 202416 Jul 2024162 Days
148 Newlands Lane South, Workington, Cumberland, CA14 3NW£140,000£140,000£015 Apr 202405 Jul 202481 Days
18 Station Road, Workington, Cumberland, CA14 2UZ£135,000£125,000-£10,00022 Jun 202218 Jun 2024727 Days

Most Expensive Streets in Workington

PostcodeStreetAreaAverageNo. of Sales
CA14 4HFEllerbeck LaneWorkington£499,3754
CA14 5NWThe MeadowsHigh Harrington£273,2256
CA14 5NUThe MeadowsHigh Harrington£268,6124
CA14 4HEEllerbeck LaneWorkington£253,8336
CA14 3NDStanbeck MeadowsWorkington£241,2504
CA14 2JDStanley StreetWorkington£237,6663
CA14 3HWHawkshead AvenueWorkington£231,3754
CA14 3HTAshfield RoadWorkington£230,2005
CA14 4AEPotters MeadowWorkington£228,29721
CA14 4DWJames Duffield CloseWorkington£225,0006

Least Expensive Streets in Workington

PostcodeStreetAreaAverageNo. of Sales
CA14 2NTScalebeck CourtWorkington£45,3333
CA14 2HDArmstrong StreetWorkington£48,0003
CA14 3TNMoss Bay RoadWorkington£50,9874
CA14 2BYYeowartvilleWorkington£54,0003
CA14 2BXYeowartvilleWorkington£54,1663
CA14 2XTMilburn StreetWorkington£57,2147
CA14 2SSBlackburn StreetWorkington£58,7504
CA14 2XZClay StreetWorkington£59,04511
CA14 3TGMoss Bay RoadWorkington£59,6663
CA14 3TQMoss Bay RoadWorkington£61,0005

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