Feb 07, 2023 by HM

# House prices in Longtown (CA6 5)

## Price per square metre

Knowing the average house price in Longtown 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. 3, Stackbraes Road, Longtown, sold for £130,000 on Oct-2023. Given the internal area of 90 square metres, the price per sqm is £1,444.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 64 sales in Longtown (CA6 5) that took place in the last two years.

##### Distribution of £ per sqm for Longtown (CA6 5)
Distribution of £ per sqm house prices in Longtown

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.

That said, the spread of prices will give you a feel of the typical range to expect in Longtown (CA6 5). Of the 64 transactions, half were sold for between £1,250 and £2,320 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,320m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CA6 5' is £1,630. The table below shows how 'CA6 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA6 5 Longtown £1,250m2 £1,630m2 £2,320m2
CA6 4 Kingstown £1,670m2 £2,140m2 £2,520m2
CA6 6 Kirklinton £1,870m2 £2,190m2 £2,820m2

## Will Longtown 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 scatter plot below for CA6 5 (Longtown). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CA6 5 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Longtown (CA6 5) over time
House price trends for Longtown

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Longtown 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Longtown data or any other data I am given.

## Price map for Longtown

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Longtown. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Longtown

## Street level data

Street Avg size Avg £/m2 Recent sales
Sycamore Drive, Longtown, CA6 5N 64m2 £2,061 11
Esk Bank, Longtown, CA6 5P 104m2 £905 10
Oak Avenue, Longtown, CA6 5W 72m2 £2,260 8
Albert Street, Longtown, CA6 5S 70m2 £1,320 8
Netherby Street, Longtown, CA6 5S 93m2 £1,283 6
Esk Street, Longtown, CA6 5P 84m2 £1,213 6
Swan Street, Longtown, CA6 5U 95m2 £1,128 6
Lochinvar Close, Longtown, CA6 5X 84m2 £929 5

## New build activity

Street Avg size Avg £/m2 New build sales
St Michaels Drive, Longtown, CA6 5F 72m2 £1,973 10

St Michaels Drive, Longtown, CA6 5F has seen 10 new build sales in the last 4 years (average price £152,223). These new build homes typically have an internal area of 72 m2, with an average price of £1,973 m2. This £sqm average is £343 above the average for CA6 5. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Longtown 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.