House prices in CH60 8 (Heswall)

This article reveals price per square metre data and various charts to help you understand current housing market in Heswall (CH60 8).


Defining 'CH60 8'

This analysis is limited to properties whose postcode starts with "CH60 8", 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 Heswall.

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 Heswall 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. 3, The Roscote, Heswall, sold for £795,000 on Feb-2024. Given the internal area of 215 square metres, the price per sqm is £3,697.

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. £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 25 sales in Heswall (CH60 8) that took place in the last two years.

Distribution of £ per sqm for Heswall
Distribution of £ per sqm house prices in Heswall

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 Heswall (CH60 8). Of the 25 transactions, half were sold for between £3,550 and £4,650 per square metre. The median, or 'middle', price per square metre in 'CH60 8' is £4,160. Notably, only 25% of properties that sold recently were valued at more than £4,650 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 Heswall

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 Heswall. 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.

Property price heatmap for Heswall
House price heatmap for Heswall

Comparison with neighbouring postcode sectors

The table below shows how 'CH60 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH60 0 Heswall £2,860 sqm £3,250 sqm £4,220 sqm
CH60 2 Heswall £3,310 sqm £3,740 sqm £4,170 sqm
CH60 5 Heswall £3,000 sqm £3,220 sqm £3,440 sqm
CH60 9 Heswall £3,310 sqm £4,000 sqm £4,370 sqm
CH60 3 Wirral £3,950 sqm £4,340 sqm £5,240 sqm
CH60 6 Heswall £3,220 sqm £3,740 sqm £4,140 sqm
CH60 8 Heswall £3,550 sqm £4,160 sqm £4,650 sqm
CH60 7 Heswall £2,840 sqm £3,340 sqm £3,920 sqm
CH60 1 Heswall £3,030 sqm £3,430 sqm £3,750 sqm
CH60 4 Heswall £3,080 sqm £3,970 sqm £4,530 sqm

Will Heswall 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 CH60 8 (Heswall) compared with both the wider area CH60 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 Heswall,Heswall
House price trends for Heswall

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 CH60 8 sales
Recent trends for Heswall

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 Heswall 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 Heswall 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.

Raw data

Our analysis of Heswall 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 sqm £/sqm
3, The Roscote, Heswall £795,000
Feb-2024
215 3,697
2, Woodburn Drive, Heswall £580,000
Sep-2023
138 4,202
22, Well Lane, Heswall £1,135,000
Jul-2023
273 4,157

See the entire list of all sales in Heswall (CH60 8) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.