Feb 07, 2023 by HM

House prices in Broughton (CH4 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Broughton (CH4 0).


Defining 'CH4 0'

This analysis is limited to properties whose postcode starts with "CH4 0", 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 Broughton 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. 91, Broughton Hall Road, Broughton, Saltney, sold for £125,000 on Feb-2024. Given the internal area of 102 square metres, the price per sqm is £1,225.

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 253 sales in Broughton (CH4 0) that took place in the last two years.

Distribution of £ per sqm for Broughton (CH4 0)
Distribution of £ per sqm house prices in Broughton

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 Broughton (CH4 0). Of the 253 transactions, half were sold for between £2,330 and £2,990 per square metre. The median, or 'middle', price per square metre in 'CH4 0' is £2,700. Notably, only 25% of properties that sold recently were valued at more than £2,990m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Broughton

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 Broughton. 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 Broughton
House price heatmap for Broughton

Comparison with neighbouring postcode sectors

The table below shows how 'CH4 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH4 7 Chester £2,910m2 £3,280m2 £3,820m2
CH4 9 Higher Kinnerton £2,920m2 £3,350m2 £3,680m2
CH4 0 Broughton £2,330m2 £2,700m2 £2,990m2
CH4 8 Saltney £2,230m2 £2,770m2 £3,330m2

Will Broughton 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 CH4 0 (Broughton). 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 CH4 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Broughton (CH4 0) over time
House price trends for Broughton

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Broughton Hall Road, Broughton, CH4 0Q 91m2 £2,241 17
Penymynydd Road, Broughton, CH4 0L 92m2 £2,533 16
Main Road, Broughton, CH4 0N 75m2 £2,126 16
Forest Drive, Broughton, CH4 0Q 80m2 £2,519 12
Beeby Way, Broughton, CH4 0T 113m2 £2,817 12
Messham Close, Broughton, CH4 0T 97m2 £2,612 12
Parkfield Road, Broughton, CH4 0S 74m2 £2,634 11
Aspen Way, Broughton, CH4 0A 66m2 £2,358 11

Search for your street here.

Raw data

Our analysis of Broughton 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
91, Broughton Hall Rd, Broughton, Saltney £125,000
Feb-2024
102 1,225
26, Brookes Avenue, Broughton, Saltney £200,000
Feb-2024
85 2,352
12, Brookes Avenue, Broughton, Saltney £180,000
Jan-2024
69 2,608

See the entire list of all sales in Broughton (CH4 0) 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.