Area Guide For Barrow-in-Furness


Barrow is A town, a seaport, in the county and North West of England. It was a part of the historical Lancashire it was known as municipal borough in 1867 and merged with adjacent districts 1974 to form a borough named Borough of barrow in Furness. It is based at the tip of the Furness peninsula. The town Barrow has a population of around 57 residents whilst 69,000 live in the wider borough. It makes it the 2nd biggest urban area in Cumbria after Carlisle. The local Barrows was also known as Barrovian.


Barrow-in-Furness Map

Estimated Price: £124,903
Average Asking Price: £108,105
Price change in last one year: £12,547
Average Price Paid: £111,983
Average Rent Rates: £525


Property Prices Breakdown in Barrow-in-Furness

Average Price for property in Barrow-in-Furness is around £124,903 which varies based on type of property you are interested in and ranges from £239,296 for detached house to around £156,539 for semi-detached. Similarly terraced house is around £87,052 and a flat is worth £73,934. Values have been changing and have risen £396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,443 in last 6 months, £12,547 in last 1 year, £15,281 in last 2 years, £14,581 in last 3 years, £16,019 in last 4 years and £10,749 in last 5 years.

Currently average asking price of a property in Barrow-in-Furness is around £108,105 based on approximately 740 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £525 per month.

Estimated property value in Barrow-in-Furness is £124,903. Average asking price is £108,105 while average price paid is £116,390 which is up by £12,547 and Avg. asking rent £525.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Barrow-in-Furness area. In last 1 year alone average price buyer paid is around £116,390 based on approximately 740 sales in Barrow-in-Furness area alone. If you compare it to last 3 years sales of 2,214 properties where buyers paid around £112,496. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £111,983 for 3,736 and average amount paid for purchase of approx. 5,224 properties sold in last 7 years comes to about £113,150 per sale.


Properties For Sale in Barrow-in-Furness


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £82,678, £114,710 for a 3 bedroom house and £165,636 for a 4 bedroom house. For a flat similarly the prices varies from £67,250 for a single bedroom to £99,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Barrow-in-Furness it comes to around average £67,250 for 1 bedroom property, £83,637 for 2 bedroom, £114,710 for 3 bedroom and £165,636 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £498 for 1 bedroom to £450 for 2 bedroom, £613 for 3 bedroom and £855 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562. You should be generally be expecting around average £453 rent per month for single bedroom property, £484 for 2 bedroom, £613 for 3 bedroom and approximately £855 for 4 bedroom property in Barrow-in-Furness area.

Popular Houses in Barrow-in-Furness

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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