Page 202 - Minutes of meeting

The Housing Challenge

Affordability

Overall, the median house price in the borough in 2018 was
£122,500. This was below the median for Cumbria (£165k), the
North West (£160k), and England (£239,000).

The map illustrates pricing above (in red) and below (in blue) the
Barrow median house price. There is a stark contrast in house
prices within the Barrow Town Deal area, with areas to the north
and east registering house prices closer to the England
benchmark, whilst central and peripheral parts of the town to the

north-west and west show prices well below that of the England
median, with the lowest prices frequently below £100,000.

House prices in Barrow have also been growing at a slower pace
than England – increasing by only 23% since 2013 compared to
29% nationally.

Copyright © Hatch 2018. All Rights Reserved. Map contains OS data, Crown Copyright. Data source: Median price paid for residential properties by LSOA,
England and Wales, ONS