Feb 07, 2023 by HM

House prices in Wirral (CH60 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Wirral (CH60 0).


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. Hill Cottage, Roscote Close, Wirral, Heswall, sold for £835,000 on Aug-2023. Given the internal area of 183 square metres, the price per sqm is £4,562.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 46 sales in Wirral (CH60 0) that took place in the last two years.

Distribution of £ per sqm for Wirral (CH60 0)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Wirral (CH60 0). Of the 46 transactions, half were sold for between £2,830 and £4,190 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,190m2. 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 'CH60 0' is £3,350. The table below shows how 'CH60 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH60 6 Wirral £3,030m2 £3,400m2 £4,050m2
CH60 7 Wirral £2,810m2 £3,340m2 £3,950m2
CH60 0 Wirral £2,830m2 £3,350m2 £4,190m2
CH60 2 Wirral £3,220m2 £3,700m2 £4,100m2
CH60 5 Wirral £2,850m2 £3,100m2 £3,340m2
CH60 9 Wirral £3,420m2 £3,940m2 £4,580m2
CH60 1 Wirral £2,920m2 £3,270m2 £3,660m2
CH60 3 Wirral £3,930m2 £4,310m2 £4,710m2
CH60 8 Wirral £3,550m2 £4,160m2 £4,810m2
CH60 4 Wirral £3,070m2 £4,000m2 £4,680m2

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 scatter plot below for CH60 0 (Wirral). 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 CH60 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Wirral (CH60 0) over time
House price trends for Wirral

Hover on any blue dot to see details of specific sales

Disclaimer: 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. 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 Wirral data or any other data I am given.

Price map for Wirral

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 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Wirral
House price heatmap for Wirral

Street level data

Street Avg size Avg £/m2 Recent sales
Telegraph Road, Wirral, CH60 0A 49m2 £3,032 19
South Drive, Wirral, CH60 0B 112m2 £3,092 12
Beacon Lane, Wirral, CH60 0D 106m2 £3,462 10
School Hill, Wirral, CH60 0D 99m2 £3,637 9
North Drive, Wirral, CH60 0B 121m2 £3,435 5
Rocky Lane, Wirral, CH60 0B 136m2 £2,900 5
Hillside Road, Wirral, CH60 0B 95m2 £3,390 5
Roscote Close, Wirral, CH60 0E 153m2 £4,761 5

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 m2 £/m2
Hill Cottage, Roscote Close, Wirral, Heswall £835,000
Aug-2023
183 4,562
4, School Hill, Wirral, Heswall £190,000
Jun-2023
45 4,222
22, Rocky Lane South, Wirral, Heswall £300,000
Jun-2023
74 4,054

See the entire list of all sales in Wirral (CH60 0) here.

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.