Property investment stats for Cockermouth, North West

• Properties are selling quickly and at asking price, indicated by an average of 29 days on the market and a median discount of £0 (the typical achieved discount).
• Rental yields are respectable at 4.0%, with the top postcode district achieving 4.4%.
• The price-to-income ratio of 4.6 and the current median asking prices for both three-bedroom houses (£242,498) and two-bedroom flats (£125,000) point to good affordability for buyers.

• The local market is heavily weighted towards older residents, with a population aged 60+ in the 96th percentile, and a low proportion of families and young adults, which may limit future demand growth.
• The student population and the proportion of private rented housing are both low, so the pool of renters is not as deep or diverse as in larger towns or cities.
• With owner-occupation in the 70th percentile, there may be less churn in the market and fewer rental opportunities compared to areas with a higher proportion of renters.

Cockermouth’s property market is likely to remain steady over the coming year. The recent one-year capital growth of 1.5% and three-year annualised growth of 1.9% suggest modest but consistent appreciation. Rental demand is expected to be stable, supported by a high proportion of single occupier and older households, while affordability should continue to attract buyers who are priced out elsewhere.

However, the area’s demographic profile means that investors should not expect a surge in demand from younger renters or families. Instead, the market will likely reward those who focus on the needs of older residents and couples, as well as those seeking solid, predictable returns rather than rapid capital gains.