House prices in Carlisle see some of the UK's biggest increases

52% rise in the last 6 months

House prices on the rise in Carlisle
Author: Emma SmithPublished 6th Jul 2023

House prices in Carlisle have seen some of the UK's biggest increases in the last six months.

Around two thirds (66%) of homeowners saw the value of their property increase over the 12 months to May, according to a property website, despite tough economic conditions. Nearly one in five (18%) saw a decrease in the value of their home in the 12 months to May, while for one in six (16%) the value of their property remained broadly unchanged, Zoopla found.

In Carlisle 52 per cent have increased in value according to the latest statistics .In Blackpool 58 per cent of homes decreased in value in the six months to May.

On average, homeowners whose home has increased in value over the year to May have seen a rise of £7,000, or £19 per day. But homeowners whose property has fallen in value over this period have seen an average fall of £7,700, or around £21 per day.

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