House prices in CA10 3 (Shap)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CA10 3' (Shap) - statistics were last calculated on 30 August 2024.


Defining 'CA10 3'

This analysis is limited to properties whose postcode starts with "CA10 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Shap.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Shap is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. Rutlands Cottage Orton Hall, , Shap, sold for £160,000 on Jul-2024. Given the internal area of 538 square feet, the price per sqft is £297.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £260-£278, £278-£297, £297-£315 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 94 sales in Shap (CA10 3) that took place in the last two years.

Distribution of £ per sqft for Shap
Distribution of £ per sqft house prices in Shap

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Shap (CA10 3). Of the 94 transactions, half were sold for between £181 and £274 per square foot. The median, or 'middle', price per square foot in 'CA10 3' is £225. Notably, only 25% of properties that sold recently were valued at more than £274 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Shap

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Shap. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Shap
House price heatmap for Shap

Comparison with neighbouring postcode sectors

The table below shows how 'CA10 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA10 1 Lazonby £220 sqft £248 sqft £294 sqft
CA10 3 Shap £181 sqft £225 sqft £274 sqft
CA10 2 Clifton £217 sqft £260 sqft £291 sqft

Will Shap house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CA10 3 (Shap) compared with both the wider area CA10 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Shap,Shap
House price trends for Shap

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CA10 3 sales
Recent trends for Shap

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Shap to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Shap and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqft Recent sales
Jackson Croft, Shap, CA10 3A 0 sqft £249 10
West Lane, Shap, CA10 3L 828 sqft £201 5
Main Street, Shap, CA10 3N 0 sqft £184 5
Green Croft, Shap, CA10 3P 0 sqft £215 5
Whinfell Terrace, Shap, CA10 3X 818 sqft £163 5

Search for your street here.

Raw data

Our analysis of Shap is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
Rutlands Cottage Orton Hall, , Shap £160,000
Jul-2024
538 297
14, West Lane, Shap £170,000
Jul-2024
753 225
Low Cragg, , Shap £425,000
Jul-2024
1,506 281

See the entire list of all sales in Shap (CA10 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.