Property trends for CA2

    CA2 covers towns and villages in the southern Lake District and surrounding areas of Cumbria. It is a rural and semi-rural district with a mix of market towns, countryside communities, and traditional employment sectors.

    At a Glance

    Average Property Price - CA2

    £163,033

    5

    National percentile

    Average Monthly Rent - CA

    £661

    3

    National percentile

    Average Net Household Income - CA2

    £30,221

    8

    National percentile

    Flat / Maisonette Yield - CA

    5.3%

    34

    National percentile

    10-Year Annualised Price Growth - CA2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - CA

    3.1%

    8

    National percentile

    Property Price & Volume Trends

    The average property price of £163,000 is among the cheapest nationally. Over the past decade, prices have grown by 2.6% per year—below the national average rate of growth. Transaction volume has declined from a 10-year average of 721 sales per year to 590 in the latest full year.

    Rent & Yield Trends

    Average monthly rent of £661 is among the lowest in the UK. Rent has grown at 3.1% per year over the past decade, which is below the national average pace. The flat yield has improved to 5.3%, above its 10-year average of 4.5%, reflecting stronger returns for landlords in recent years.

    Income & Affordability Trends

    Average household income of £30,221 is well below the national average, placing the area among the lowest-earning districts. The price-to-income ratio of 4.9x remains unchanged since 2016, suggesting purchase affordability has held steady relative to local earnings. Rental affordability has tightened: the rent-to-income ratio has risen from 19.5% to 20.5% over the same period, indicating a larger share of household income now goes to rent.

    Resident Demographic Profile

    The working-age population is slightly skewed towards older age groups, with those aged 50–64 representing 20.4% (above the national 19.8%) and the 16–24 cohort notably underrepresented at 9.9% against the national 11.0%. Employment is heavily weighted towards manual and elementary work: plant and machinery operatives (13.5%) and elementary roles (14.0%) are both well above national levels, whilst professionals (13.1%) and managers (8.7%) are below average. Housing tenure is broadly in line with national patterns, though social rented accommodation at 17.8% is slightly elevated.

    Explore nearby