LA8 (Staveley) area guide

LA8
Staveley
The LA8 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Barrows Green, Bonningate, Bowston, Brigsteer, Burneside, Cowan Head, Crook, Crooklands, Crosscrake, Crosthwaite, Cumbria, Docker, Endmoor, Garnett Bridge, Garth Row, Gatebeck, Grayrigg, Heaves, Helsington, Howgill, Ings, Kendal, Kendal Fell, Kentmere, Killington, Lambrigg, Levens, Levens Hall, Longsleddale, Lowgill, Lyth, Lyth Valley, Mealbank, Natland, New Hutton, Old Hutton, Oxenholme, Patton, Plantation Bridge, Scalthwaiterigg, Sedbergh, Sedgwick, Selside, Sizergh, Skelsmergh, Stainton, Staveley, Staveley-in-Westmorland, Underbarrow, Whinfell.
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Notes:

A Mouseprice property guide for LA8 Staveley is coming soon. In the meantime, please have a look at the raw data and statistics about LA8 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 LA8 is 4174 homes.

Lancaster propertyProperty in this postcode district (LA8) has been growing at a nominal annual rate of 13.6% over the last 5 years. This rate can be indicative ofa 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 propertyAverage property prices in this postcode district over the last three months have been approximately £274669.

Lancaster propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 10.9. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.

Lancaster propertyNew transactions as a percentage of overall sales are 4.8%.

Housing stock:

Staveley propertyOver half of the properties in the area are Detached Houses, at 50.1% of the total housing stock.

Staveley propertyThe least common type of property in this area is Flats (7% of the total housing stock).

Staveley propertyThis is an area with a high proportion of property suitable for families with children.

Staveley propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 3.8%.

Staveley propertyThe majority of property in this area is owner occupied.

Staveley propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £216734.

Who lives here:

Staveley propertyThe population of this postcode district is 8619.
Staveley propertyThis is one of the most “experienced” areas of the country, with an average age of 46.
Staveley propertyThis area has a high percentage of married people at 21.1%.
Staveley propertyPeople here work very hard – men work, on average, 45 hours per week, whilst women work for 13 hours less.
Staveley propertyThis area is relatively rural, with only 0.3 people per square kilometre.
Staveley propertyJob prospects in this area are good with low unemployment (1.2%). Most jobs are found in the Wholesale & Retail and Construction sectors.