Area Guide For Windermere

Windermere is a town and civil parish in the South Lakeland District of Cumbria, England. It has a population of 8,245. It lies about half a mile (1 km) away from the lake, Windermere. Although the town Windermere does not touch the lake (it took the name of the lake when the railway line was built in 1847 and the station was called "Windermere"), it has now grown together with the older lakeside town of Bowness-on-Windermere, though the two retain distinguishable town centres. There are a number of museums, but the main attraction for the tourists is the lake itself that touches Bowness at the bottom of the hill (about a twenty minute walk from the top of Windermere town). Here there is a beautiful view of the mountains. Boats from the piers in Bowness sail around the lake, many calling at Ambleside or at Lakeside where there is a restored railway. Historically a part of Westmorland, Windermere town was known as Birthwaite prior to the arrival of the Kendal and Windermere Railway, which stimulated its development. Windermere station offers train and bus connections to the surrounding area, Manchester, Manchester Airport, and the West Coast Main Line. The geological formations


Windermere Map

Estimated Price: £378,894
Average Asking Price: £486,547
Price change in last one year: £21,829
Average Price Paid: £307,872
Average Rent Rates: £907


Property Prices Breakdown in Windermere

Average Price for property in Windermere is around £378,894 which varies based on type of property you are interested in and ranges from £625,089 for detached house to around £335,686 for semi-detached. Similarly terraced house is around £266,740 and a flat is worth £232,728. Values have been changing and have risen £1,579 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,184 in last 6 months, £21,829 in last 1 year, £35,477 in last 2 years, £44,163 in last 3 years, £40,593 in last 4 years and £28,854 in last 5 years.

Currently average asking price of a property in Windermere is around £486,547 based on approximately 132 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £907 per month.

Estimated property value in Windermere is £378,894. Average asking price is £486,547 while average price paid is £307,290 which is up by £21,829 and Avg. asking rent £907.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 Windermere area. In last 1 year alone average price buyer paid is around £307,290 based on approximately 132 sales in Windermere area alone. If you compare it to last 3 years sales of 374 properties where buyers paid around £314,324. 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 £307,872 for 611 and average amount paid for purchase of approx. 881 properties sold in last 7 years comes to about £317,075 per sale.


Properties For Sale in Windermere


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 1 bedroom is around £189,500, £234,318 for a 2 bedroom house, £376,673 for a 3 bedroom house, £726,450 for a 4 bedroom house and £1,022,259 for a 5 bedroom house. For a flat similarly the prices varies from £135,950 for a single bedroom to £255,372 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £269,812 and £680,000 for a 4 bedroom flat. To sum up the asking prices for properties in Windermere it comes to around average £139,297 for 1 bedroom property, £246,015 for 2 bedroom, £358,089 for 3 bedroom, £725,160 for 4 bedroom and £1,022,259 for a 5 bedroom property.

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 £524 for 1 bedroom to £672 for 2 bedroom, £1,482 for 3 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £919. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £916 for 3 bedroom. You should be generally be expecting around average £787 rent per month for single bedroom property, £638 for 2 bedroom, £1,199 for 3 bedroom and approximately £1,400 for 5 bedroom property in Windermere area.

Popular Houses in Windermere

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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