Feb 07, 2023 by HM

House prices in Cleator Moor (CA25 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Cleator Moor (CA25 5).


Price per square metre

Knowing the average house price in Cleator Moor 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. 50, Coniston Park, Cleator Moor, sold for £180,000 on Aug-2023. Given the internal area of 93 square metres, the price per sqm is £1,935.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 139 sales in Cleator Moor (CA25 5) that took place in the last two years.

Distribution of £ per sqm for Cleator Moor (CA25 5)
Distribution of £ per sqm house prices in Cleator Moor

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 Cleator Moor (CA25 5). Of the 139 transactions, half were sold for between £900 and £1,600 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,600m2. 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 'CA25 5' is £1,240. The table below shows how 'CA25 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA25 5 Cleator Moor £900m2 £1,240m2 £1,600m2

Will Cleator Moor 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 CA25 5 (Cleator Moor). 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 CA25 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Cleator Moor (CA25 5) over time
House price trends for Cleator Moor

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Cleator Moor 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 Cleator Moor data or any other data I am given.

Price map for Cleator Moor

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 Cleator Moor. 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.

Property price heatmap for Cleator Moor
House price heatmap for Cleator Moor

Street level data

Street Avg size Avg £/m2 Recent sales
Ennerdale Road, Cleator Moor, CA25 5L 84m2 £909 30
Birks Road, Cleator Moor, CA25 5H 86m2 £1,024 27
Bowthorn Road, Cleator Moor, CA25 5J 86m2 £817 19
Norbeck Park, Cleator Moor, CA25 5R 75m2 £1,629 13
Keekle Terrace, Cleator Moor, CA25 5R 63m2 £1,280 12
Mill Hill, Cleator Moor, CA25 5S 81m2 £1,160 12
Crossfield Road, Cleator Moor, CA25 5B 151m2 £1,395 9
Duke Street, Cleator Moor, CA25 5B 62m2 £727 9

Search for your street here.

Raw data

Our analysis of Cleator Moor 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
50, Coniston Park, Cleator Moor £180,000
Aug-2023
93 1,935
8, Keekle Terrace, Cleator Moor £71,000
Aug-2023
71 1,000
3, Keekle Cottages, Cleator Moor £129,995
Aug-2023
59 2,203

See the entire list of all sales in Cleator Moor (CA25 5) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.