Property trends for CA5

    CA5 covers the area around Wigton in north Cumbria, positioned between the Lake District and the Solway Firth. It is a rural district with a quieter, more traditional character typical of the northwest's smaller market towns.

    At a Glance

    Average Property Price - CA5

    £298,991

    41

    National percentile

    Average Monthly Rent - CA

    £661

    3

    National percentile

    Average Net Household Income - CA5

    £32,463

    16

    National percentile

    Flat / Maisonette Yield - CA

    5.3%

    34

    National percentile

    10-Year Annualised Price Growth - CA5

    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 £299,000 sits slightly below the national midpoint. Over the past decade, the area has seen annualised growth of 2.6%, which is well below the national average—placing it among the slower-growing postcodes nationally. Transaction activity has softened, with 87 sales in the latest full year compared to a 10-year average of 113, suggesting reduced market momentum.

    Rent & Yield Trends

    Rents in the broader CA postcode area are significantly below national average at £661 per month, among the cheapest nationally. Over ten years, rental growth of 3.1% has been modest relative to national trends. The flat yield has risen to 5.3% from a 10-year average of 4.5%, reflecting growing appeal to buy-to-let investors; the direction is positive.

    Income & Affordability Trends

    Average household income of £32,463 is well below the national average. The price-to-income ratio of 9.2x has risen notably from 7.6x in 2016, signalling that purchase affordability has deteriorated substantially over this period. Rental affordability has also eroded slightly: the rent-to-income ratio has risen from 19.5% to 20.5%, though it remains manageable.

    Resident Demographic Profile

    The population is notably older than average, with over a quarter aged 65 and above (compared to 19.6% nationally) and a significantly underrepresented younger cohort—only 7.9% are aged 16–24, well below the national 11%. Housing tenure is heavily skewed toward outright ownership at 48%, far exceeding the national 33.7%, with correspondingly low levels of rented and mortgage-financed property. The employment profile is dominated by trades at 17.6% (against 10.5% nationally) and a pronounced presence in plant and machine operation at 10.8%, reflecting the district's industrial and agricultural heritage.

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