House prices in CH2 2 (Chester)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CH2 2' (Chester, Hoole) - statistics were last calculated on 30 August 2024.


Defining 'CH2 2'

This analysis is limited to properties whose postcode starts with "CH2 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Chester.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

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

£ per sqft = price ÷ internal area
E.g. 57, Long Lane, Chester, Hoole, sold for £312,500 on Jul-2024. Given the internal area of 1,011 square feet, the price per sqft is £308.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £260-£278, £278-£297, £297-£315 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 186 sales in Chester (CH2 2) that took place in the last two years.

Distribution of £ per sqft for Chester, Hoole
Distribution of £ per sqft house prices in Chester

Generate a custom chart like the one above but based on your own criteria.

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 Chester (CH2 2). Of the 186 transactions, half were sold for between £259 and £349 per square foot. The median, or 'middle', price per square foot in 'CH2 2' is £308. Notably, only 25% of properties that sold recently were valued at more than £349 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Chester, Hoole

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 Hoole. 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 Chester
House price heatmap for Chester, Hoole

Comparison with neighbouring postcode sectors

The table below shows how 'CH2 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH2 4 Elton £208 sqft £243 sqft £309 sqft
CH2 3 Hoole £250 sqft £297 sqft £353 sqft
CH2 2 Chester £259 sqft £308 sqft £349 sqft
CH2 1 Upton £261 sqft £313 sqft £353 sqft

Will Hoole 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 chart below for CH2 2 (Chester) compared with both the wider area CH2 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Chester,Hoole
House price trends for Chester

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CH2 2 sales
Recent trends for Chester

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Hoole to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Hoole 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.

Street level data

Street Avg size Avg £sqft Recent sales
Brook Lane, Chester, CH2 2E 0 sqft £307 21
Kingsway, Chester, CH2 2L 904 sqft £247 17
Ullswater Crescent, Chester, CH2 2P 0 sqft £328 15
Heathcote Close, Chester, CH2 2R 592 sqft £235 15
Kingsway, Chester, CH2 2F 667 sqft £210 14
Dicksons Drive, Chester, CH2 2B 979 sqft £315 14
Duchess Place, Chester, CH2 2J 721 sqft £272 13
Thirlmere Road, Chester, CH2 2L 785 sqft £243 11

Search for your street here.

Raw data

Our analysis of Chester 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 sqft £/sqft
57, Long Lane, Chester, Hoole £312,500
Jul-2024
1,011 308
23, Park Walk, Chester, Hoole £320,000
Jul-2024
828 386
40, Shepherds Lane, Chester, Hoole £500,000
Jul-2024
1,388 359

See the entire list of all sales in Chester (CH2 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.