# House prices in CH49 0 (Wirral)

## Defining 'CH49 0'

This analysis is limited to properties whose postcode starts with "CH49 0", 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 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. 5, Mavis Drive, Wirral, sold for £227,000 on Dec-2023. Given the internal area of 122 square metres, the price per sqm is £1,860.

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. £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 47 sales in Wirral (CH49 0) that took place in the last two years.

##### Distribution of £ per sqm for Wirral
Distribution of £ per sqm 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 (CH49 0). Of the 47 transactions, half were sold for between £2,140 and £2,790 per square metre. The median, or 'middle', price per square metre in 'CH49 0' is £2,460. Notably, only 25% of properties that sold recently were valued at more than £2,790 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.

House price heatmap for Wirral

## Comparison with neighbouring postcode sectors

The table below shows how 'CH49 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH49 7 Wirral £1,580 sqm £1,850 sqm £2,040 sqm
CH49 8 Wirral £1,250 sqm £1,610 sqm £1,860 sqm
CH49 2 Greasby £2,440 sqm £2,980 sqm £3,380 sqm
CH49 4 Wirral £2,320 sqm £2,780 sqm £3,090 sqm
CH49 0 Wirral £2,140 sqm £2,460 sqm £2,790 sqm
CH49 5 Wirral £1,640 sqm £2,050 sqm £2,280 sqm
CH49 3 Greasby £2,640 sqm £3,190 sqm £3,910 sqm
CH49 1 Greasby £2,640 sqm £2,920 sqm £3,250 sqm
CH49 6 Upton £2,530 sqm £2,830 sqm £3,120 sqm
CH49 9 Wirral £1,520 sqm £1,730 sqm £1,930 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 CH49 0 (Wirral) compared with both the wider area CH49 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

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 CH49 0 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
Atholl Duncan Drive, Wirral, CH49 0W 97 sqm £2,572 25
Slingsby Drive, Wirral, CH49 0T 88 sqm £2,312 13
Mavis Drive, Wirral, CH49 0U 106 sqm £2,045 9
Arrowe Park Road, Wirral, CH49 0U 83 sqm £1,854 8
Ford Road, Wirral, CH49 0T 132 sqm £2,230 8
Denny Close, Wirral, CH49 0X 79 sqm £2,514 7
Malley Close, Wirral, CH49 0W 80 sqm £2,888 6
Hosking Close, Wirral, CH49 0W 79 sqm £2,722 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.

5, Mavis Drive, Wirral £227,000
Dec-2023
122 1,860
107, Atholl Duncan Drive, Wirral £170,000
Dec-2023
77 2,207
3, Molyneux Close, Wirral £172,432
Nov-2023
82 2,102