Feb 07, 2023 by HM

House prices in Prenton (CH43 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Prenton (CH43 4).

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Price per square metre

Knowing the average house price in Prenton 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. Flat 3 33, Euston Grove, Prenton, sold for £115,000 on Sep-2023. Given the internal area of 70 square metres, the price per sqm is £1,642.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 56 sales in Prenton (CH43 4) 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 Prenton (CH43 4). Of the 56 transactions, half were sold for between £1,060 and £1,730 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,730m². 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 'CH43 4' is £1,310. The table below shows how 'CH43 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CH43 0 Prenton	£2,170m2	£2,500m2	£2,720m2
CH43 9 Prenton	£1,740m2	£2,180m2	£2,570m2
CH43 8 Prenton	£1,540m2	£1,980m2	£2,380m2
CH43 1 Prenton	£1,670m2	£1,920m2	£2,410m2
CH43 2 Prenton	£1,760m2	£2,260m2	£2,660m2
CH43 3 Prenton	£2,070m2	£2,420m2	£2,810m2
CH43 6 Prenton	£1,760m2	£1,980m2	£2,240m2
CH43 7 Prenton	£1,680m2	£2,360m2	£2,690m2
CH43 4 Prenton	£1,060m2	£1,310m2	£1,730m2
CH43 5 Prenton	£1,910m2	£2,210m2	£2,720m2

Will Prenton 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 CH43 4 (Prenton). 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 CH43 4 and the blue dots are the individual property sales that inform this trend.

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

Price map for Prenton

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 Prenton. 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 Prenton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Radnor Place, Prenton, CH43 4X	171m2	£924	9
Osborne Road, Prenton, CH43 4X	172m2	£1,230	8
Alvanley Place, Prenton, CH43 4X	129m2	£1,118	7
Grange Mount, Prenton, CH43 4X	106m2	£1,081	7
Balfour Road, Prenton, CH43 4U	122m2	£1,602	7
Slatey Road, Prenton, CH43 4U	98m2	£1,779	6
Park Road South, Prenton, CH43 4X	55m2	£1,396	6
Devonshire Road, Prenton, CH43 4U	152m2	£1,586	6

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Park Road South, Prenton, CH43 4U	102m2	£1,541	10

Park Road South, Prenton, CH43 4U has seen 10 new build sales in the last 4 years (average price £124,361). These new build homes typically have an internal area of 102 m2, with an average price of £1,541 m2. This £sqm average is £231 above the average for CH43 4. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Prenton 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
Flat 3 33, Euston Grove, Prenton	£115,000 Sep-2023	70	1,642
Flat 4 6, Grosvenor Rd, Prenton	£58,000 Aug-2023	42	1,380
17, Grange Mount, Prenton	£70,000 Aug-2023	74	945

See the entire list of all sales in Prenton (CH43 4) here.