Property trends for Carlisle (CA)

At £217,000, property in CA is among the cheapest nationally. Over the past decade, prices have grown at 2.7% annually—a pace below the national average, suggesting this market has underperformed relative to broader trends.

Monthly rents average £665, well below the national level. Rental growth has outpaced price growth, rising 3.1% annually over ten years—a below-average pace nationally. The current flat yield of 5.2% remains attractive relative to many UK markets.

Average household income stands at £32,502, notably below the national average. The price-to-income ratio of 6.6x has widened since 2016 (5.7x), indicating property has become less affordable relative to local earnings. Rental affordability has also tightened slightly, with rent now consuming 20.9% of income compared to 20.1% in 2016.

The population skews older than average: over half are aged 50 and above, with 24.5% aged 65 or over compared to a national figure of 19.6%. Conversely, the 16–24 age group is underrepresented at 8.4%. Housing tenure is distinctive—43.8% own outright, well above the national 33.7%, while private rental is lower than average at 14.8%. Employment favours trades at 15.4% compared to 10.5% nationally, reflecting the area's rural character.