# House prices in CH43 5 (Prenton)

## Defining 'CH43 5'

This analysis is limited to properties whose postcode starts with "CH43 5", 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 Prenton.

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 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. 9, Bessborough Road, Prenton, sold for £165,000 on Feb-2024. Given the internal area of 110 square metres, the price per sqm is £1,500.

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. £2,350-£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 94 sales in Prenton (CH43 5) that took place in the last two years.

##### Distribution of £ per sqm for Prenton
Distribution of £ per sqm house prices in Prenton

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 Prenton (CH43 5). Of the 94 transactions, half were sold for between £1,860 and £2,690 per square metre. The median, or 'middle', price per square metre in 'CH43 5' is £2,120. Notably, only 25% of properties that sold recently were valued at more than £2,690 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 Prenton

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 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.

House price heatmap for Prenton

## Comparison with neighbouring postcode sectors

The table below shows how 'CH43 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH43 0 Prenton £2,250 sqm £2,520 sqm £2,810 sqm
CH43 9 Prenton £1,740 sqm £2,190 sqm £2,610 sqm
CH43 6 Prenton £1,740 sqm £2,000 sqm £2,410 sqm
CH43 7 Prenton £1,720 sqm £2,300 sqm £2,670 sqm
CH43 2 Prenton £1,790 sqm £2,260 sqm £2,630 sqm
CH43 3 Prenton £2,110 sqm £2,400 sqm £2,810 sqm
CH43 4 Prenton £1,050 sqm £1,230 sqm £1,650 sqm
CH43 8 Prenton £1,480 sqm £2,010 sqm £2,490 sqm
CH43 5 Prenton £1,860 sqm £2,120 sqm £2,690 sqm
CH43 1 Prenton £1,650 sqm £1,900 sqm £2,360 sqm

## 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 chart below for CH43 5 (Prenton) compared with both the wider area CH43 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 Prenton,Prenton
House price trends for Prenton

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 CH43 5 sales
Recent trends for Prenton

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 Prenton 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 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.

## Street level data

Street Avg size Avg £sqm Recent sales
Yewdale Park, Prenton, CH43 5X 60 sqm £1,820 14
Downing Close, Prenton, CH43 5X 53 sqm £1,809 13
Christchurch Road, Prenton, CH43 5S 101 sqm £2,118 11
Bessborough Road, Prenton, CH43 5R 101 sqm £2,110 10
Heathfield Road, Prenton, CH43 5R 108 sqm £1,611 10
Nursery Close, Prenton, CH43 5U 67 sqm £2,023 10
Victoria Mount, Prenton, CH43 5T 139 sqm £3,018 8
Palm Hill, Prenton, CH43 5S 127 sqm £2,093 8

## 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.