Feb 07, 2023 by HM

House prices in Saltney (CH4 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Saltney (CH4 8).

---

Price per square metre

Knowing the average house price in Saltney 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. 19, Mount Pleasant, Saltney, sold for £186,000 on Aug-2023. Given the internal area of 79 square metres, the price per sqm is £2,354.

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 240 sales in Saltney (CH4 8) that took place in the last two years.

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 Saltney (CH4 8). Of the 240 transactions, half were sold for between £2,180 and £3,220 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,220m². 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 'CH4 8' is £2,700. The table below shows how 'CH4 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CH4 7 Chester	£2,910m2	£3,260m2	£3,760m2
CH4 8 Saltney	£2,180m2	£2,700m2	£3,220m2
CH4 0 Broughton	£2,270m2	£2,610m2	£2,930m2
CH4 9 Higher Kinnerton	£2,810m2	£3,130m2	£3,570m2

Will Saltney 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 8 (Saltney). 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 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Saltney

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 Saltney. 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.

House price heatmap for Saltney

Street level data

Street	Avg size	Avg £/m2	Recent sales
High Street, Saltney, CH4 8S	79m2	£1,710	26
St Marks Road, Saltney, CH4 8D	89m2	£1,993	24
Hough Green, Saltney, CH4 8J	177m2	£2,952	22
Cwrt Y Terfyn, Saltney, CH4 8Q	68m2	£2,099	20
Circular Drive, Saltney, CH4 8L	90m2	£2,511	17
Curzon Park South, Saltney, CH4 8A	153m2	£3,801	16
Cliveden Road, Saltney, CH4 8D	100m2	£2,046	15
Park Road West, Saltney, CH4 8B	112m2	£3,777	14

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Mayfield Park, Saltney, CH4 8F	79m2	£2,434	14

Mayfield Park, Saltney, CH4 8F has seen 14 new build sales in the last 4 years (average price £192,840). These new build homes typically have an internal area of 79 m2, with an average price of £2,434 m2. This £sqm average is £-266 below the average for CH4 8. New builds typically command a £ per sqm premium. In the case of Mayfield Park the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Saltney 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
19, Mount Pleasant, Saltney	£186,000 Aug-2023	79	2,354
16 Ty Bala, Cwrt Y Terfyn, Saltney	£70,000 Aug-2023	50	1,400
9, Courtney Rd, Saltney	£360,000 Aug-2023	117	3,076

See the entire list of all sales in Saltney (CH4 8) here.