Feb 07, 2023 by HM

House prices in Elton (CH2 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Elton (CH2 4).

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. The Orchard Holme Farm, Plemstall Lane, Elton, Hoole, sold for £290,000 on Aug-2023. Given the internal area of 106 square metres, the price per sqm is £2,735.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 183 sales in Elton (CH2 4) that took place in the last two years.

Distribution of £ per sqm for Elton (CH2 4)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Elton (CH2 4). Of the 183 transactions, half were sold for between £2,190 and £3,390 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,390m2. 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 'CH2 4' is £2,670. The table below shows how 'CH2 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH2 2 Chester £2,510m2 £3,190m2 £3,600m2
CH2 4 Elton £2,190m2 £2,670m2 £3,390m2
CH2 1 Upton £2,750m2 £3,230m2 £3,660m2
CH2 3 Hoole £2,540m2 £3,040m2 £3,570m2

Will Elton 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 CH2 4 (Elton). 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 CH2 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Elton (CH2 4) over time
House price trends for Elton

Hover on any blue dot to see details of specific sales

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

Price map for Elton

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 Elton. 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 Elton
House price heatmap for Elton

Street level data

Street Avg size Avg £/m2 Recent sales
Springfields, Elton, CH2 4E 67m2 £2,958 23
Coppice Green, Elton, CH2 4R 106m2 £2,366 15
Holm Drive, Elton, CH2 4R 67m2 £2,239 12
Brackendale, Elton, CH2 4P 73m2 £2,055 10
Warrington Road, Elton, CH2 4E 159m2 £2,888 10
Hallfield Drive, Elton, CH2 4P 78m2 £2,293 10
Wells Close, Elton, CH2 4D 73m2 £3,054 9
Alvanley View, Elton, CH2 4Q 73m2 £2,011 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 m2 £/m2
The Orchard Holme Farm, Plemstall Lane, Elton, Hoole £290,000
106 2,735
6, Park Rd, Elton, Hoole £118,000
76 1,552
6, Reece Close, Elton, Hoole £295,000
77 3,831

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


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.