# House prices in CA14 3 (Workington)

## Defining 'CA14 3'

This analysis is limited to properties whose postcode starts with "CA14 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 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. 87, Firth View Walk, Workington, sold for £82,500 on Mar-2024. Given the internal area of 83 square metres, the price per sqm is £993.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 176 sales in Workington (CA14 3) 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 3). Of the 176 transactions, half were sold for between £960 and £1,780 per square metre. The median, or 'middle', price per square metre in 'CA14 3' is £1,260. Notably, only 25% of properties that sold recently were valued at more than £1,780 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.

House price heatmap for Workington

## Comparison with neighbouring postcode sectors

The table below shows how 'CA14 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA14 2 Workington £830 sqm £1,020 sqm £1,220 sqm
CA14 5 Harrington £1,080 sqm £1,370 sqm £1,800 sqm
CA14 4 High Harrington £1,310 sqm £2,020 sqm £2,590 sqm
CA14 3 Workington £960 sqm £1,260 sqm £1,780 sqm
CA14 1 Seaton £1,280 sqm £1,910 sqm £2,330 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 3 (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

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 3 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
Moss Bay Road, Workington, CA14 3T 85 sqm £775 27
Frostoms Road, Workington, CA14 3U 89 sqm £1,166 18
Thirlmere Avenue, Workington, CA14 3H 82 sqm £1,810 17
Peter Street, Workington, CA14 3D 89 sqm £1,109 15
Grasmere Avenue, Workington, CA14 3L 77 sqm £1,413 14
Newlands Lane South, Workington, CA14 3N 84 sqm £1,629 14
Wastwater Avenue, Workington, CA14 3Q 80 sqm £1,247 13
Mason Street, Workington, CA14 3E 103 sqm £1,249 10

## 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.