# House prices in CA3 0 (Carlisle)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CA3 0' (Carlisle) - statistics were last calculated on 31 July 2024.

## Defining 'CA3 0'

This analysis is limited to properties whose postcode starts with "CA3 0", 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 Carlisle.

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 Carlisle 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. 22, Sanderson Close, Carlisle, sold for £220,000 on Jun-2024. Given the internal area of 97 square metres, the price per sqm is £2,268.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 157 sales in Carlisle (CA3 0) that took place in the last two years.

##### Distribution of £ per sqm for Carlisle
Distribution of £ per sqm house prices in Carlisle

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 Carlisle (CA3 0). Of the 157 transactions, half were sold for between £1,990 and £2,700 per square metre. The median, or 'middle', price per square metre in 'CA3 0' is £2,410. Notably, only 25% of properties that sold recently were valued at more than £2,700 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 Carlisle

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 Carlisle. 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 Carlisle

## Comparison with neighbouring postcode sectors

The table below shows how 'CA3 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA3 8 Carlisle £1,100 sqm £1,300 sqm £1,470 sqm
CA3 0 Carlisle £1,990 sqm £2,410 sqm £2,700 sqm
CA3 9 Carlisle £1,720 sqm £2,030 sqm £2,460 sqm

## Will Carlisle 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 CA3 0 (Carlisle) compared with both the wider area CA3 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 Carlisle,Carlisle
House price trends for Carlisle

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 CA3 0 sales
Recent trends for Carlisle

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 Carlisle 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 Carlisle 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
Lowry Gardens, Carlisle, CA3 0G 87 sqm £1,647 25
Tribune Drive, Carlisle, CA3 0L 76 sqm £2,782 21
Kingstown Road, Carlisle, CA3 0A 94 sqm £1,902 16
Lowry Hill Road, Carlisle, CA3 0D 92 sqm £2,432 15
Kingstown Road, Carlisle, CA3 0B 89 sqm £1,589 12
Millcroft, Carlisle, CA3 0H 128 sqm £2,502 11
Pinecroft, Carlisle, CA3 0D 102 sqm £2,707 11
Pennington Drive, Carlisle, CA3 0P 89 sqm £2,399 11

## New build activity

Street Avg size Avg £sqm New build sales
Greymoor Way, Carlisle, CA3 0F 130 sqm £2,006 11

Greymoor Way, Carlisle, CA3 0F has seen 11 new build sales in the last 4 years (average price £191,867). These new build homes typically have an internal area of 130 sqm, with an average price of £2,006 sqm. This £sqm average is £-404 below the average for CA3 0. New builds typically command a £ per sqm premium. In the case of Greymoor Way the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Carlisle 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.