House prices in CH2 4 (Elton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CH2 4' (Elton, Hoole) - statistics were last calculated on 30 June 2024.


Defining 'CH2 4'

This analysis is limited to properties whose postcode starts with "CH2 4", 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 Elton.

You can click on the map labels to change to a neighbouring 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 metre

Knowing the average house price in Elton 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. 27, Brackendale, Elton, Hoole, sold for £180,000 on Mar-2024. Given the internal area of 73 square metres, the price per sqm is £2,465.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 141 sales in Elton (CH2 4) that took place in the last two years.

Distribution of £ per sqm for Elton, Hoole
Distribution of £ per sqm house prices in Elton

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 Elton (CH2 4). Of the 141 transactions, half were sold for between £2,240 and £3,380 per square metre. The median, or 'middle', price per square metre in 'CH2 4' is £2,670. Notably, only 25% of properties that sold recently were valued at more than £3,380 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Elton, 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 Elton
House price heatmap for Elton, Hoole

Comparison with neighbouring postcode sectors

The table below shows how 'CH2 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH2 4 Elton £2,240 sqm £2,670 sqm £3,380 sqm
CH2 3 Hoole £2,630 sqm £3,170 sqm £3,710 sqm
CH2 2 Chester £2,630 sqm £3,210 sqm £3,680 sqm
CH2 1 Upton £2,810 sqm £3,370 sqm £3,790 sqm

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 4 (Elton) 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 metre in Elton,Hoole
House price trends for Elton

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 4 sales
Recent trends for Elton

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 £sqm Recent sales
Springfields, Elton, CH2 4E 67 sqm £2,966 18
Coppice Green, Elton, CH2 4R 106 sqm £2,407 15
Holm Drive, Elton, CH2 4R 68 sqm £2,261 11
Brackendale, Elton, CH2 4P 72 sqm £2,117 11
Warrington Road, Elton, CH2 4E 158 sqm £2,801 10
Station Lane, Elton, CH2 4E 157 sqm £3,543 10
Hallfield Drive, Elton, CH2 4P 78 sqm £2,347 10
Alvanley View, Elton, CH2 4Q 73 sqm £1,982 9

Search for your street here.

Raw data

Our analysis of Elton 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 sqm £/sqm
27, Brackendale, Elton, Hoole £180,000
Mar-2024
73 2,465
Rivendell, Pinewood Close, Elton, Hoole £200,000
Mar-2024
89 2,247
14, Brackendale, Elton, Hoole £158,000
Mar-2024
72 2,194

See the entire list of all sales in Elton (CH2 4) 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.