# House prices in CH48 2 (Wirral)

This article reveals price per square foot data and various charts to help you understand current housing market in Wirral, West Kirby (CH48 2).

## Defining 'CH48 2'

This analysis is limited to properties whose postcode starts with "CH48 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 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 foot

Knowing the average house price in Wirral is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 62, Caldy Road, Wirral, West Kirby, sold for £1,240,000 on Jan-2024. Given the internal area of 2,400 square feet, the price per sqft is £516.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £394-£418, £418-£441, £441-£464 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 29 sales in Wirral (CH48 2) that took place in the last two years.

##### Distribution of £ per sqft for Wirral, West Kirby
Distribution of £ per sqft house prices in Wirral

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 (CH48 2). Of the 29 transactions, half were sold for between £310 and £445 per square foot. The median, or 'middle', price per square foot in 'CH48 2' is £382. Notably, only 25% of properties that sold recently were valued at more than £445 sqft. 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, West Kirby

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 West Kirby. 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 Wirral, West Kirby

## Comparison with neighbouring postcode sectors

The table below shows how 'CH48 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH48 4 West Kirby £219 sqft £258 sqft £289 sqft
CH48 2 Wirral £310 sqft £382 sqft £445 sqft
CH48 5 Wirral £247 sqft £296 sqft £339 sqft
CH48 8 Wirral £273 sqft £346 sqft £398 sqft
CH48 0 West Kirby £222 sqft £263 sqft £340 sqft
CH48 1 Wirral £302 sqft £366 sqft £405 sqft
CH48 6 Wirral £222 sqft £250 sqft £301 sqft
CH48 3 West Kirby £287 sqft £320 sqft £354 sqft
CH48 7 Wirral £287 sqft £323 sqft £352 sqft
CH48 9 Wirral £278 sqft £302 sqft £329 sqft

## Will West Kirby 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 CH48 2 (Wirral) compared with both the wider area CH48 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 foot in Wirral,West Kirby
House price trends for Wirral

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 CH48 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 West Kirby 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 West Kirby 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 £sqft Recent sales
Caldy Road, Wirral, CH48 2H 0 sqft £372 14
Caldy Road, Wirral, CH48 2L 548 sqft £258 7
Melloncroft Drive, Wirral, CH48 2J 0 sqft £347 6
The Green, Wirral, CH48 2L 0 sqft £426 5

## 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.