New research has shown that house price increases in Carlisle have lagged behind the national average over the past decade.
The UK property market is booming, with house prices up by a whopping 10% in the last year alone according to research. However, the city of Carlisle appears to have lagged behind increases that have occured across the country.
The latest research from the homebuying platform, YesHomebuyers, has taken a look at market performance over the last decade, to highlight where has stood the test of time in terms of consistent and upward house price growth
Yes Homebuyers' analysis of market performance is based on the average annual rate of growth seen across every area of the UK over the last 10 years.
The research shows that across the UK as a whole, house prices have increased at an average rate of 4.3% each year since 2011.
The research, however found that house prices in Carlisle have grown by just 1.1% per year by comparison over the past 10 years.
In May 2011, house prices were found to be £125,546, on average in the city. Fast forward ten years, however, and house prices are now on average £139,871.
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