The average property value in Allerdale is £210,799 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Allerdale grew by £17,484. Compare house prices by area
Average property prices in Allerdale grew by 9.0% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.7% per year.
If prices in Allerdale continue to rise by 2.7% a year, the average property price will be £234,440 in 2025.
There were 1,397 property sales in Allerdale in the year ending June 2021, an increase of 6 when compared to the previous year.
The average price for a house in Allerdale ranges from £141,259 for a terraced house to £314,803 for a detached house, with semi-detached in between costing on average £182,332.
The average price for a flat or maisonette in Allerdale is £184,361.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Allerdale, flat prices have risen the most between the years ending 2011 and 2021, and terraced house prices have grown the least.
Detached house prices have risen 26.6% from £248,619 to £314,803, semi-detached house prices have risen 25.5% from £145,233 to £182,332, terraced house prices have risen 18.4% from £119,284 to £141,259, and flat prices have risen 38.5% from £133,084 to £184,361.
The most common type of property sold in Allerdale during the year ending June 2021 was terraced houses, which accounted for 35.1% of properties.
The least commonly available type of property sold in Allerdale were flats, which account for 5.3% of properties sold.
Of the properties sold in Allerdale during 2021, 0.5% were new build properties.
The average price paid for a new build property in Allerdale was £77,454 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (50% of new build properties sold). For existing properties, the most common type is terraced houses (39% of existing properties sold).
The most common price band for property sales in Allerdale is £50k - £100k, which accounted for 15.0% of properties sold in 2021.
The cheapest properties in Allerdale were in the under £50k price bracket, accounting for 1.4% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics