House prices in CA14 2 (Workington)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CA14 2' (Workington) - statistics were last calculated on 30 June 2024.


Defining 'CA14 2'

This analysis is limited to properties whose postcode starts with "CA14 2", 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 Workington.

You can click on the map labels to change to a neighbouring 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 metre

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

£ per sqm = price ÷ internal area
E.g. 9, Hartside Court, Workington, sold for £132,000 on May-2024. Given the internal area of 90 square metres, the price per sqm is £1,466.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £900-£1,000, £1,000-£1,100, £1,100-£1,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 180 sales in Workington (CA14 2) that took place in the last two years.

Distribution of £ per sqm for Workington
Distribution of £ per sqm house prices in Workington

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 Workington (CA14 2). Of the 180 transactions, half were sold for between £810 and £1,210 per square metre. The median, or 'middle', price per square metre in 'CA14 2' is £1,010. Notably, only 25% of properties that sold recently were valued at more than £1,210 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Workington

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 Workington. 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 Workington
House price heatmap for Workington

Comparison with neighbouring postcode sectors

The table below shows how 'CA14 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA14 2 Workington £810 sqm £1,010 sqm £1,210 sqm
CA14 1 Seaton £1,270 sqm £1,850 sqm £2,360 sqm
CA14 4 High Harrington £1,340 sqm £2,010 sqm £2,630 sqm
CA14 5 Harrington £1,050 sqm £1,290 sqm £1,770 sqm
CA14 3 Workington £1,000 sqm £1,300 sqm £1,770 sqm

Will Workington 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 CA14 2 (Workington) compared with both the wider area CA14 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 metre in Workington,Workington
House price trends for Workington

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 CA14 2 sales
Recent trends for Workington

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 Workington 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 Workington 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 £sqm Recent sales
Corporation Road, Workington, CA14 2P 113 sqm £990 26
Victoria Road, Workington, CA14 2Q 76 sqm £913 24
Cumberland Street, Workington, CA14 2Q 88 sqm £899 21
Vulcans Lane, Workington, CA14 2N 111 sqm £851 19
Gray Street, Workington, CA14 2N 96 sqm £1,096 16
Hartington Street, Workington, CA14 2N 87 sqm £1,038 14
Darcy Street, Workington, CA14 2N 85 sqm £917 13
Clay Street, Workington, CA14 2X 75 sqm £743 12

Search for your street here.

Raw data

Our analysis of Workington 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 sqm £/sqm
9, Hartside Court, Workington £132,000
May-2024
90 1,466
25, Gladstone St, Workington £114,995
May-2024
104 1,105
1, Park Lane, Workington £82,000
May-2024
129 635

See the entire list of all sales in Workington (CA14 2) 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.