All investment areas

Property investment stats for Workington, North West

A complete guide to property investment in Workington.

Last updated: 18 September 2025

Investment summary

Workington stands out for its affordability, with a price-to-income ratio of 3.2 and a median price per square foot of £120 per sq ft. The area sees brisk sales, with homes spending just 22 days on the market, and properties are typically selling at or above their asking price, as shown by the median discount of £0 (the typical achieved discount). Rental yields are robust, with an average of 6.3% and an even higher yield of 7.7% in the top-performing district.

Capital growth over the past year has changed by -1.3%, but the three-year figure sits at 11.1%, giving an annualised growth of 3.6%. The local market is supported by a relatively high proportion of single-person households, and there is a notable presence of social rented housing.

Image of Workington, North West

Key investment stats for Workington

Median price per sq ft

£120 / sq ft

Average rental yield

6.3%

Capital growth (1y)

-1.3%

Sales in past year

277

* Property stats calculated for last full calendar year (2024).

Live property stats in Workington

Live prices in Workington, North West

* Extreme prices clipped for legibility

Properties for sale

Median price

£155,000

25% of properties below...

£89,998

75% of properties below...

£220,000

Most expensive property

£700,000

Live listings

91

Median days on market

22

Should you invest in Workington?

Opportunities

  • Investors can benefit from strong rental yields of 6.3%, and even higher returns in the top district at 7.7%.
  • Properties are being snapped up quickly, with a short average time on market of 22 days, and they're selling at or above asking price (median discount of £0 (the typical achieved discount)), indicating healthy demand.
  • The affordability, reflected in the price-to-income ratio of 3.2, makes entry less capital-intensive compared to much of Britain.

Risks

  • Capital growth over one year has changed by -1.3%, so investors should not expect rapid short-term appreciation.
  • The area has a high proportion of social rented housing (in the 92nd percentile), which could limit private rental demand in some segments.
  • The professional and degree-educated population is low (in the 2nd and 4th percentiles), which may affect the long-term demand for higher-end properties.

Outlook

Looking ahead, Workington’s property market appears stable, with affordability and liquidity both working in its favour. The annualised growth of 3.6% over three years suggests there is still scope for steady, if unspectacular, gains. With homes selling quickly and at or above asking price, investors can expect relatively swift transactions and minimal discounting.

Rental yields are likely to remain attractive, especially for those targeting the top-performing districts. While short-term capital growth may be muted, the combination of robust rental returns and low entry prices makes Workington a market worth watching for income-focused investors. The local demographic mix and high social housing presence are important to factor into any strategy, but overall, the fundamentals remain sound.

Live properties in Workington

Investment properties in Workington, North West

3 bedroom terraced house for sale
On market for 154 days

£195,000

3 bedroom terraced house for sale

16 Nook Street, Workington, Cumbria

Slow to sell properties in Workington, North West
Slow to Sell
2 bedroom terraced house for sale
Reduced by 14%

£60,000 - Offers Over

2 bedroom terraced house for sale

Gladstone Street, Workington, CA14

Big price drop properties in Workington, North West
Big Price Drop
3 bedroom semi-detached house for sale
8% local capital growth

£192,000 - Guide Price

3 bedroom semi-detached house for sale

Whinlatter Gardens, Workington, CA1...

High capital growth properties in Workington, North West
High Capital Growth

Achieved vs asking prices

Key takeaway: Seller's market

Vendors are holding firm; properties tend to sell at close to asking.

Headline stats

• Median discount: £0

• 1 in 4 properties sell at > £3,311 below asking

• 1 in 10 properties sell at > £6,750 below asking

In percentage terms:

• Median discount of 0.0%

• 25% of properties discounted by > 2.5%

• 10% of properties discounted by > 5.4%

Best places to invest in Workington

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1CA147.7%8.4%£160 / sq ft

Nearby and related areas

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.