Feb 07, 2023 by HM

House prices in Wigton (CA7 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Wigton (CA7 9).


Defining 'CA7 9'

This analysis is limited to properties whose postcode starts with "CA7 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Wigton 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. 11, Kirkland Road, Wigton, sold for £117,000 on Feb-2024. Given the internal area of 73 square metres, the price per sqm is £1,602.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 151 sales in Wigton (CA7 9) that took place in the last two years.

Distribution of £ per sqm for Wigton (CA7 9)
Distribution of £ per sqm house prices in Wigton

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.

The spread of prices will give you a feel of the typical range to expect in Wigton (CA7 9). Of the 151 transactions, half were sold for between £1,320 and £2,310 per square metre. The median, or 'middle', price per square metre in 'CA7 9' is £1,830. Notably, only 25% of properties that sold recently were valued at more than £2,310m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Wigton

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Wigton. 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.

Property price heatmap for Wigton
House price heatmap for Wigton

Comparison with neighbouring postcode sectors

The table below shows how 'CA7 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CA7 2 Aspatria £1,340m2 £1,680m2 £2,150m2
CA7 5 Kirkbride £1,990m2 £2,320m2 £2,790m2
CA7 0 Oulton £1,820m2 £2,150m2 £2,610m2
CA7 4 Silloth £1,240m2 £1,510m2 £1,990m2
CA7 8 Caldbeck £2,590m2 £3,010m2 £3,950m2
CA7 9 Wigton £1,320m2 £1,830m2 £2,310m2
CA7 1 Ireby £1,330m2 £2,360m2 £2,860m2
CA7 3 Aspatria £970m2 £1,270m2 £1,760m2

Will Wigton 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 CA7 9 (Wigton). 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 CA7 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Wigton (CA7 9) over time
House price trends for Wigton

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Primrose Bank, Wigton, CA7 9J 87m2 £2,092 14
The Hawthorns, Wigton, CA7 9L 82m2 £2,942 14
New Street, Wigton, CA7 9A 111m2 £828 12
Kirkland Fold, Wigton, CA7 9L 84m2 £1,907 12
Scholars Green, Wigton, CA7 9B 80m2 £1,982 10
Scholars Green, Wigton, CA7 9Q 96m2 £2,519 10
Springfields, Wigton, CA7 9J 91m2 £2,405 9
St Cuthberts Close, Wigton, CA7 9H 96m2 £2,272 8

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Woodside Park, Wigton, CA7 9B 114m2 £2,047 10

Woodside Park, Wigton, CA7 9B has seen 10 new build sales in the last 4 years (average price £223,836). These new build homes typically have an internal area of 114 m2, with an average price of £2,047 m2. This £sqm average is £217 above the average for CA7 9. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Wigton 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
11, Kirkland Rd, Wigton £117,000
Feb-2024
73 1,602
85, Scholars Green, Wigton £159,000
Feb-2024
69 2,304
2 Kevean Court, Station Rd, Wigton £55,000
Jan-2024
45 1,222

See the entire list of all sales in Wigton (CA7 9) 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.