Feb 07, 2023 by HM

House prices in West Wickham (BR4 9)

This article reveals price per square metre data and various charts to help you understand current housing market in West Wickham (BR4 9).

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Price per square metre

Knowing the average house price in West Wickham is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 57, Chessington Way, West Wickham, sold for £700,000 on Sep-2023. Given the internal area of 128 square metres, the price per sqm is £5,468.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,700-£6,000, £6,000-£6,300, £6,300-£6,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 198 sales in West Wickham (BR4 9) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in West Wickham (BR4 9). Of the 198 transactions, half were sold for between £5,080 and £6,560 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,560m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BR4 9' is £5,770. The table below shows how 'BR4 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BR4 9 West Wickham	£5,080m2	£5,770m2	£6,560m2
BR4 0 West Wickham	£5,160m2	£5,790m2	£6,590m2

Will West Wickham house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BR4 9 (West Wickham). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BR4 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about West Wickham and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the West Wickham data or any other data I am given.

Price map for West Wickham

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring West Wickham. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for West Wickham

Street level data

Street	Avg size	Avg £/m2	Recent sales
The Alders, West Wickham, BR4 9P	66m2	£4,956	27
Addington Road, West Wickham, BR4 9B	100m2	£4,672	25
Queensway, West Wickham, BR4 9D	104m2	£5,723	22
Birch Tree Avenue, West Wickham, BR4 9E	99m2	£6,256	19
Courtfield Rise, West Wickham, BR4 9B	124m2	£5,316	16
Kingsway, West Wickham, BR4 9J	101m2	£5,862	14
Queensway, West Wickham, BR4 9E	102m2	£5,790	13
The Grove, West Wickham, BR4 9J	132m2	£5,975	13

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Albertine Grove, West Wickham, BR4 9F	146m2	£5,075	18

Albertine Grove, West Wickham, BR4 9F has seen 18 new build sales in the last 4 years (average price £745,000). These new build homes typically have an internal area of 146 m2, with an average price of £5,075 m2. This £sqm average is £-695 below the average for BR4 9. New builds typically command a £ per sqm premium. In the case of Albertine Grove the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of West Wickham is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
57, Chessington Way, West Wickham	£700,000 Sep-2023	128	5,468
205, Hawes Lane, West Wickham	£460,000 Aug-2023	84	5,476
37, Bolderwood Way, West Wickham	£695,000 Aug-2023	134	5,186

See the entire list of all sales in West Wickham (BR4 9) here.