HOUSE prices increased slightly, by 0.1 per cent, in Cumbria in August, new figures show.
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 8.7 per cent annual growth.
The average Cumbria house price in August was £175,105, Land Registry figures show – a 0.1 per cent increase on July.
Over the month, the picture was less good than that across the North West, where prices increased 4.5 per cent, and Cumbria underperformed compared to the 2.9 per cent rise for the UK as a whole.
House prices increased by 3.5% in Barrow in August, new figures show.
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 13.8% annual growth.
The average Barrow house price in August was £144,580, Land Registry figures show – a 3.5% increase on July.
Over the last year, the average sale price of property in Cumbria rose by £14,000 – putting the area 37th among the North West’s 43 local authorities for annual growth.
The best annual growth in the region was in Rossendale, where property prices increased on average by 24.6 per cent, to £182,000. At the other end of the scale, properties in Allerdale gained 3.5 per cent in value, giving an average price of £160,000.
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