THE cheapest and most expensive areas to live in in Barrow have been revealed.
Newly analysed data shows which streets in the town have seen homes sell for the most over the past five years - and which have changed hands for the cheapest.
The most expensive area is The Crescent, in Hawcoat, where the average price of homes sold in the time is more than £613,000.
It follows the sale of three homes in that period.
Making up the rest of the top three most expensive streets are The Gardens, where three houses changed hands for an average of £520,000 and Croslands Park, where three homes sold for an average of £464,000.
Others in the top ten include Tanfield Drive, Vespers Grove, Freestone Way, Eastchurch Villas, Thorncliffe Road and Fairfield Lane.
The property data suggests Barrow's cheapest place to buy a house in Lindal Street near the town centre.
The average home sold for around £41,000, with four sales in that time.
The second cheapest street was Ferry Road on Barrow Island where three homes sold for just over £41,000.
Robert Street was third on the list, where homes could be had for around £42,000 after four sales.
That was followed by Arnside Street, School Street, High Cliff, Anchor Road, Rawlinson Street and Wallace Street.
Homes in Barrow are being sold slowly after being listed on the market according to official data.
The average house price in Barrow is £171,623.
The average property price increased by £26,837 (18.14 per cent) over the last five years and increased by £5,365 (3.17 per cent) over the last 12 months.
Over the last year, there were 693 residential property sales – a decrease of 224 (-32.32 per cent) relative to the previous year.
The majority of house sales (149) were in the £104,000-£148,000 range.
Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,118 (-3 per cent).
In June 2024, there were 131 new estate agency instructions, 98 agreed home sales and 47 property price reductions.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel