Feb 07, 2023 by HM

House prices in Heswall (CH61 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Heswall (CH61 6).


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. 2, Quarry Close, Heswall, Wirral, sold for £295,000 on Sep-2023. Given the internal area of 96 square metres, the price per sqm is £3,072.

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 61 sales in Heswall (CH61 6) that took place in the last two years.

Distribution of £ per sqm for Heswall (CH61 6)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Heswall (CH61 6). Of the 61 transactions, half were sold for between £2,730 and £3,280 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,280m2. 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 'CH61 6' is £3,030. The table below shows how 'CH61 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH61 2 Irby £3,360m2 £4,050m2 £4,340m2
CH61 4 Irby £2,720m2 £3,010m2 £3,430m2
CH61 6 Heswall £2,730m2 £3,030m2 £3,280m2
CH61 7 Thingwall £2,310m2 £2,600m2 £3,070m2
CH61 3 Thingwall £2,790m2 £3,120m2 £3,550m2
CH61 9 Heswall £2,300m2 £2,650m2 £3,000m2
CH61 8 Heswall £2,370m2 £2,760m2 £3,150m2
CH61 0 Thurstaston £2,940m2 £3,540m2 £3,930m2
CH61 1 Heswall £2,750m2 £3,130m2 £3,340m2
CH61 5 Heswall £2,440m2 £2,640m2 £2,970m2

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 scatter plot below for CH61 6 (Heswall). 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 CH61 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Heswall (CH61 6) over time
House price trends for Heswall

Hover on any blue dot to see details of specific sales

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

Price map for Heswall

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

Property price heatmap for Heswall
House price heatmap for Heswall

Street level data

Street Avg size Avg £/m2 Recent sales
Irby Road, Heswall, CH61 6X 103m2 £2,746 22
Hillfield Drive, Heswall, CH61 6U 105m2 £2,651 12
Downham Road North, Heswall, CH61 6U 123m2 £2,669 11
Pensby Road, Heswall, CH61 6U 112m2 £3,015 11
Kylemore Drive, Heswall, CH61 6X 91m2 £2,730 10
Irby Road, Heswall, CH61 6U 109m2 £2,856 10
Kylemore Drive, Heswall, CH61 6U 108m2 £2,731 8
Berwyn Drive, Heswall, CH61 6U 109m2 £2,921 8

Search for your street here.

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 m2 £/m2
2, Quarry Close, Heswall, Wirral £295,000
Sep-2023
96 3,072
124, Kylemore Drive, Heswall, Wirral £350,000
Aug-2023
84 4,166
20, Kylemore Drive, Heswall, Wirral £380,000
Aug-2023
130 2,923

See the entire list of all sales in Heswall (CH61 6) 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.