Feb 07, 2023 by HM

House prices in Seacombe (CH44 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Seacombe (CH44 7).


Price per square metre

Knowing the average house price in Seacombe 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. 49, Oakdale Avenue, Seacombe, Wallasey, sold for £135,000 on Aug-2023. Given the internal area of 68 square metres, the price per sqm is £1,985.

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. £1,450-£1,500, £1,500-£1,550, £1,550-£1,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 61 sales in Seacombe (CH44 7) that took place in the last two years.

Distribution of £ per sqm for Seacombe (CH44 7)
Distribution of £ per sqm house prices in Seacombe

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 Seacombe (CH44 7). Of the 61 transactions, half were sold for between £900 and £1,230 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,230m2. 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 'CH44 7' is £1,110. The table below shows how 'CH44 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH44 3 Wallasey £1,650m2 £2,130m2 £2,370m2
CH44 5 Wallasey £1,170m2 £1,530m2 £1,770m2
CH44 7 Seacombe £900m2 £1,110m2 £1,230m2
CH44 8 Wallasey £960m2 £1,110m2 £1,450m2
CH44 0 Wallasey £1,040m2 £1,290m2 £1,590m2
CH44 2 Wallasey £1,780m2 £2,010m2 £2,370m2
CH44 6 Wallasey £980m2 £1,120m2 £1,320m2
CH44 9 Wallasey £1,110m2 £1,300m2 £1,450m2
CH44 1 Wallasey £1,150m2 £1,340m2 £1,680m2
CH44 4 Wallasey £1,100m2 £1,320m2 £1,520m2

Will Seacombe 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 CH44 7 (Seacombe). 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 CH44 7 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Seacombe (CH44 7) over time
House price trends for Seacombe

Hover on any blue dot to see details of specific sales

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

Price map for Seacombe

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 Seacombe. 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 Seacombe
House price heatmap for Seacombe

Street level data

Street Avg size Avg £/m2 Recent sales
Palatine Road, Seacombe, CH44 7E 84m2 £961 17
St Pauls Road, Seacombe, CH44 7A 99m2 £854 15
Oakdale Road, Seacombe, CH44 7H 74m2 £1,383 9
Percy Road, Seacombe, CH44 7D 114m2 £887 8
Lucerne Road, Seacombe, CH44 7H 63m2 £1,205 8
Naples Road, Seacombe, CH44 7H 67m2 £1,064 7
Wheatland Lane, Seacombe, CH44 7D 74m2 £790 7
Lever Avenue, Seacombe, CH44 7B 75m2 £1,078 6

Search for your street here.

Raw data

Our analysis of Seacombe 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
49, Oakdale Avenue, Seacombe, Wallasey £135,000
Aug-2023
68 1,985
31, Palatine Rd, Seacombe, Wallasey £95,000
Aug-2023
84 1,130
19, Hawthorne Grove, Seacombe, Wallasey £75,500
Aug-2023
117 645

See the entire list of all sales in Seacombe (CH44 7) 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.