Feb 07, 2023 by HM

House prices in Woodchurch (CH49 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Woodchurch (CH49 7).

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Price per square metre

Knowing the average house price in Woodchurch 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. 101, Ackers Road, Woodchurch, Wirral, sold for £145,000 on Aug-2023. Given the internal area of 90 square metres, the price per sqm is £1,611.

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 50 sales in Woodchurch (CH49 7) that took place in the last two years.

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 Woodchurch (CH49 7). Of the 50 transactions, half were sold for between £1,610 and £1,920 per square metre. Notably, only 25% of properties that sold recently were valued at more than £1,920m². 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 7' is £1,700. The table below shows how 'CH49 7' 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 Woodchurch 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 7 (Woodchurch). 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 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Woodchurch

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 Woodchurch. 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 Woodchurch

Street level data

Street	Avg size	Avg £/m2	Recent sales
Home Farm Road, Woodchurch, CH49 7L	79m2	£1,575	19
Commonfield Road, Woodchurch, CH49 7L	79m2	£1,644	14
Ackers Road, Woodchurch, CH49 7L	84m2	£1,448	10
Sandfield Road, Woodchurch, CH49 7L	74m2	£1,850	8
Ganneys Meadow Road, Woodchurch, CH49 7N	77m2	£1,507	8
Walby Close, Woodchurch, CH49 7N	77m2	£1,611	7
Pemberton Road, Woodchurch, CH49 7L	79m2	£1,576	7
Caldwell Drive, Woodchurch, CH49 7P	78m2	£1,508	7

Search for your street here.

Raw data

Our analysis of Woodchurch 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
101, Ackers Rd, Woodchurch, Wirral	£145,000 Aug-2023	90	1,611
20, Church Lane, Woodchurch, Wirral	£125,000 Jul-2023	65	1,923
141, Home Farm Rd, Woodchurch, Wirral	£140,000 May-2023	82	1,707

See the entire list of all sales in Woodchurch (CH49 7) here.