Feb 07, 2023 by HM

# House prices in Upton (CH49 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Upton (CH49 6).

## Price per square metre

Knowing the average house price in Upton 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. 10, Bowscale Close, Upton, Wirral, sold for £247,500 on Jul-2023. Given the internal area of 79 square metres, the price per sqm is £3,132.

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. £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 Upton (CH49 6) that took place in the last two years.

##### Distribution of £ per sqm for Upton (CH49 6)
Distribution of £ per sqm house prices in Upton

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 Upton (CH49 6). Of the 77 transactions, half were sold for between £2,170 and £2,900 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,900m2. 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 'CH49 6' is £2,660. The table below shows how 'CH49 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH49 1 Greasby £2,590m2 £2,910m2 £3,220m2
CH49 6 Upton £2,170m2 £2,660m2 £2,900m2
CH49 9 Wirral £1,440m2 £1,690m2 £1,840m2
CH49 0 Wirral £2,060m2 £2,420m2 £2,740m2
CH49 5 Wirral £1,440m2 £1,870m2 £2,280m2
CH49 8 Upton £1,380m2 £1,630m2 £1,750m2
CH49 3 Greasby £2,570m2 £3,190m2 £3,790m2
CH49 4 Upton £2,220m2 £2,730m2 £3,070m2
CH49 2 Greasby £2,400m2 £2,810m2 £3,300m2
CH49 7 Woodchurch £1,610m2 £1,700m2 £1,920m2

## Will Upton 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 CH49 6 (Upton). 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 CH49 6 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Upton (CH49 6) over time
House price trends for Upton

Hover on any blue dot to see details of specific sales

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

## Price map for Upton

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 Upton. 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.

House price heatmap for Upton

## Street level data

Street Avg size Avg £/m2 Recent sales
Upton Park Drive, Upton, CH49 6J 95m2 £2,304 12
South Drive, Upton, CH49 6L 174m2 £2,435 12
Upland Road, Upton, CH49 6L 127m2 £2,237 11
Church Road, Upton, CH49 6P 49m2 £1,255 9
Manor Drive, Upton, CH49 6J 166m2 £2,488 8
Church Road, Upton, CH49 6J 90m2 £1,891 7
Meadway, Upton, CH49 6J 129m2 £2,120 7
Frankby Grove, Upton, CH49 6L 79m2 £2,289 7

Search for your street here.

## Raw data

Our analysis of Upton 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
10, Bowscale Close, Upton, Wirral £247,500
Jul-2023
79 3,132
60, Meadway, Upton, Wirral £225,000
Jul-2023
104 2,163
Apartment 20 Fernwood, Church Rd, Upton, Wirral £57,500
Jul-2023
45 1,277

#### 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.