Area Guide For Workington

Working is a town that is classed as civil parish and port on the west coast of Cumbria. At the Mouth of the River Derwent. It was known to be in Cumberland and within the borough of Allerdale. It’s total of 25,207 residents in Workington. 2006 They opened a shopping centre (Washington Square) for a price of £50Million .Many artistic companies were put in the town centre so it gave a lot of people the opportunity to have a job related to art such’ Glass Canopies, The coastline, The Hub and many more.


Workington Map

Estimated Price: £138,994
Average Asking Price: £137,960
Price change in last one year: £9,509
Average Price Paid: £125,044
Average Rent Rates: £494


Property Prices Breakdown in Workington

Average Price for property in Workington is around £138,994 which varies based on type of property you are interested in and ranges from £223,659 for detached house to around £140,846 for semi-detached. Similarly terraced house is around £96,686 and a flat is worth £77,212. Values have been changing and have risen £1,691 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,380 in last 6 months, £9,509 in last 1 year, £16,046 in last 2 years, £19,605 in last 3 years, £10,663 in last 4 years and £9,937 in last 5 years.

Currently average asking price of a property in Workington is around £137,960 based on approximately 438 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £494 per month.

Estimated property value in Workington is £138,994. Average asking price is £137,960 while average price paid is £131,379 which is up by £9,509 and Avg. asking rent £494.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 Workington area. In last 1 year alone average price buyer paid is around £131,379 based on approximately 438 sales in Workington area alone. If you compare it to last 3 years sales of 1,265 properties where buyers paid around £127,436. 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 £125,044 for 2,042 and average amount paid for purchase of approx. 2,720 properties sold in last 7 years comes to about £123,187 per sale.


Properties For Sale in Workington


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 £70,000, £86,876 for a 2 bedroom house, £134,298 for a 3 bedroom house, £205,760 for a 4 bedroom house and £288,991 for a 5 bedroom house. For a flat similarly the prices varies from £58,362 for a single bedroom to £73,279 for a 2 bedroom Flat. To sum up the asking prices for properties in Workington it comes to around average £60,690 for 1 bedroom property, £85,685 for 2 bedroom, £134,298 for 3 bedroom, £205,760 for 4 bedroom and £288,991 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 £451 for 1 bedroom to £411 for 2 bedroom, £511 for 3 bedroom and £481 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £334. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £397 and £418 for 3 bedroom. You should be generally be expecting around average £357 rent per month for single bedroom property, £409 for 2 bedroom, £497 for 3 bedroom and approximately £481 for 4 bedroom property in Workington area.

Popular Houses in Workington

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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