Feb 07, 2023 by HM

House prices in Thingwall (CH61 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Thingwall (CH61 7).

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Price per square metre

Knowing the average house price in Thingwall 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, The Foxes, Thingwall, Wirral, sold for £370,000 on Aug-2023. Given the internal area of 113 square metres, the price per sqm is £3,274.

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 40 sales in Thingwall (CH61 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 Thingwall (CH61 7). Of the 40 transactions, half were sold for between £2,310 and £3,070 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,070m². 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 7' is £2,600. The table below shows how 'CH61 7' 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 Thingwall 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 7 (Thingwall). 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 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Thingwall

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 Thingwall. 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 Thingwall

Street level data

Street	Avg size	Avg £/m2	Recent sales
Pensby Road, Thingwall, CH61 7U	96m2	£2,558	22
Beaumaris Drive, Thingwall, CH61 7X	104m2	£2,370	10
Seven Acres Lane, Thingwall, CH61 7X	105m2	£2,463	10
Colemere Drive, Thingwall, CH61 7X	87m2	£2,713	8
Sparks Lane, Thingwall, CH61 7X	121m2	£2,636	6
Wimborne Avenue, Thingwall, CH61 7U	70m2	£2,805	6
Barnston Road, Thingwall, CH61 7X	107m2	£2,612	6
Berwyn Avenue, Thingwall, CH61 7U	110m2	£2,283	5

Search for your street here.

Raw data

Our analysis of Thingwall 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, The Foxes, Thingwall, Wirral	£370,000 Aug-2023	113	3,274
16, Berwyn Avenue, Thingwall, Wirral	£267,000 Aug-2023	192	1,390
446, Pensby Rd, Thingwall, Wirral	£315,000 Jul-2023	108	2,916

See the entire list of all sales in Thingwall (CH61 7) here.