LA16 (Askam-In-Furness) area guide

LA16
Askam-In-Furness
The LA16 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Askam-In-Furness, Cumbria, Dalton North, Hindpool.
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Notes:

A Mouseprice property guide for LA16 Askam-In-Furness is coming soon. In the meantime, please have a look at the raw data and statistics about LA16 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Lancaster propertyThe size of the property market in LA16 is 1478 homes.

Lancaster propertyWhen compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 13.6%. This could well be because this is a dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Lancaster propertyOver the last 3 months, the average property value for this postcode district has been £138898.

Lancaster propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 7.3.

Lancaster propertyNew transactions as a percentage of overall sales are 13.9%.

Housing stock:

Askam-In-Furness propertyThe most readily available type of property in the area are Terraced Houses, making up 42.3% of the total.

Askam-In-Furness propertyThe least common type of property in this area is Flats (1.4% of the total housing stock).

Askam-In-Furness propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 2.8%.

Askam-In-Furness propertyThe majority of property in this area is owner occupied.

Askam-In-Furness propertyThe average price of a two bed property in this area is £81397, significantly less then the national average of £187894.

Who lives here:

Askam-In-Furness propertyThe population of this postcode district is 3632.
Askam-In-Furness propertyThe average age in this area is 37.
Askam-In-Furness propertyThis area has a high percentage of married people at 22.2%.
Askam-In-Furness propertyAverage working hours in this area for men are 42 and for women are 28.
Askam-In-Furness propertyThis area has 1.9 people per square kilometre.
Askam-In-Furness propertyThe largest source of work in this area is Health & Social Work (30.3% of workers), followed by Wholesale & Retail (15.5%).