House prices in CH47 2 (Wirral)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CH47 2' (Wirral) - statistics were last calculated on 04 October 2024.


Defining 'CH47 2'

This analysis is limited to properties whose postcode starts with "CH47 2", 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 Wirral.

You can click on the map to change 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 Wirral 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. 13, Groveland Avenue, Wirral, sold for £110,000 on Jul-2024. Given the internal area of 83 square metres, the price per sqm is £1,325.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 77 sales in Wirral (CH47 2) that took place in the last two years.

Distribution of £ per sqm for Wirral
Distribution of £ per sqm house prices in Wirral

Generate a custom chart like the one above but based on your own criteria.

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 Wirral (CH47 2). Of the 77 transactions, half were sold for between £2,260 and £3,090 per square metre. The median, or 'middle', price per square metre in 'CH47 2' is £2,580. Notably, only 25% of properties that sold recently were valued at more than £3,090 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 Wirral

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 Wirral. 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 Wirral
House price heatmap for Wirral

Comparison with neighbouring postcode sectors

The table below shows how 'CH47 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH47 2 Wirral £2,260 sqm £2,580 sqm £3,090 sqm
CH47 7 Wirral £2,910 sqm £3,330 sqm £3,930 sqm
CH47 3 Hoylake £2,540 sqm £2,820 sqm £3,050 sqm
CH47 8 Meols £3,020 sqm £3,120 sqm £4,160 sqm
CH47 1 Hoylake £2,460 sqm £2,920 sqm £3,960 sqm
CH47 0 Meols £2,540 sqm £2,980 sqm £3,460 sqm
CH47 4 Hoylake £2,610 sqm £2,900 sqm £3,300 sqm
CH47 9 Meols £2,580 sqm £2,990 sqm £3,150 sqm
CH47 6 Meols £3,030 sqm £3,190 sqm £3,400 sqm
CH47 5 Hoylake £2,650 sqm £3,060 sqm £3,460 sqm

Will Wirral 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 CH47 2 (Wirral) compared with both the wider area CH47 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 Wirral,Wirral
House price trends for Wirral

Download time series data as CSV (paying users only).

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 CH47 2 sales
Recent trends for Wirral

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 Wirral 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 Wirral 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
Market Street, Wirral, CH47 2A 80 sqm £2,717 23
Trinity Road, Wirral, CH47 2B 116 sqm £2,496 20
Alderley Road, Wirral, CH47 2A 90 sqm £2,829 15
Groveland Avenue, Wirral, CH47 2D 73 sqm £2,699 13
Queens Road, Wirral, CH47 2A 163 sqm £2,316 10
Walker Street, Wirral, CH47 2D 68 sqm £2,390 10
Grove Road, Wirral, CH47 2D 116 sqm £2,532 9
Market Street, Wirral, CH47 2B 87 sqm £2,554 8

Search for your street here.

Raw data

Our analysis of Wirral 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 sqm £/sqm
13, Groveland Avenue, Wirral £110,000
Jul-2024
83 1,325
17a, Rudd St, Wirral £168,000
May-2024
62 2,709
28 Montrose Court, Market St, Wirral £210,000
May-2024
70 3,000

See the entire list of all sales in Wirral (CH47 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.