House Prices in Barrow-In-Furness, Cumbria

# Barrow-In-Furness Property Market Summary

Barrow-In-Furness presents an exceptionally affordable property market, with an average price of just £99,921 across its substantial housing stock of 18,211 properties. This Cumbrian town offers some of the lowest property prices in England, making it particularly attractive for first-time buyers and investors seeking strong rental yields. The market has shown notable volatility in recent years, peaking at £227,526 in 2022 before moderating to £166,752 in 2024, suggesting a correction following the post-pandemic surge experienced across much of the UK.

The price trajectory reveals significant growth during the pandemic period, with average prices climbing from around £160,000 in 2019 to nearly £228,000 by 2022—a remarkable 42% increase. However, this was followed by a cooling period, with 2023 and 2024 seeing prices retreat to more sustainable levels. Transaction volumes have remained relatively robust, with 2024 recording strong activity at 1,094 sales, indicating continued demand despite price adjustments. The town's affordability, combined with its strategic coastal location and established industrial heritage centred around BAE Systems' submarine shipyard, continues to underpin local property interest for those seeking value in the Northwest market.