Feb 07, 2023 by HM

House prices in Bromborough Pool (CH62 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Bromborough Pool (CH62 4).


Defining 'CH62 4'

This analysis is limited to properties whose postcode starts with "CH62 4", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Bromborough Pool 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. 249, New Chester Road, Bromborough Pool, Wirral, sold for £160,000 on Feb-2024. Given the internal area of 65 square metres, the price per sqm is £2,461.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 83 sales in Bromborough Pool (CH62 4) that took place in the last two years.

Distribution of £ per sqm for Bromborough Pool (CH62 4)
Distribution of £ per sqm house prices in Bromborough Pool

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 Bromborough Pool (CH62 4). Of the 83 transactions, half were sold for between £1,940 and £2,710 per square metre. The median, or 'middle', price per square metre in 'CH62 4' is £2,370. Notably, only 25% of properties that sold recently were valued at more than £2,710m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bromborough Pool

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 Bromborough Pool. 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 Bromborough Pool
House price heatmap for Bromborough Pool

Comparison with neighbouring postcode sectors

The table below shows how 'CH62 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH62 6 Bromborough £1,980m2 £2,520m2 £2,890m2
CH62 0 Eastham £2,290m2 £2,570m2 £3,000m2
CH62 4 Bromborough Pool £1,940m2 £2,370m2 £2,710m2
CH62 5 New Ferry £2,030m2 £2,230m2 £2,640m2
CH62 7 Bromborough £1,930m2 £2,130m2 £2,490m2
CH62 9 Eastham £1,880m2 £2,040m2 £2,490m2
CH62 1 New Ferry £1,190m2 £1,380m2 £1,790m2
CH62 3 Bromborough £2,050m2 £2,290m2 £2,500m2
CH62 8 Eastham £2,040m2 £2,670m2 £3,180m2
CH62 2 Bromborough £1,830m2 £2,380m2 £2,920m2

Will Bromborough Pool 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 CH62 4 (Bromborough Pool). 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 CH62 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bromborough Pool (CH62 4) over time
House price trends for Bromborough Pool

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Marine Drive, Bromborough Pool, CH62 4S 98m2 £2,684 20
New Chester Road, Bromborough Pool, CH62 4R 77m2 £1,771 18
Sparks Croft, Bromborough Pool, CH62 4R 84m2 £1,987 14
Bolton Road East, Bromborough Pool, CH62 4R 79m2 £1,880 14
Pool Lane, Bromborough Pool, CH62 4W 83m2 £2,676 11
Shore Drive, Bromborough Pool, CH62 4R 72m2 £1,822 9
Portland Gate, Bromborough Pool, CH62 4S 50m2 £1,703 8
South View, Bromborough Pool, CH62 4U 88m2 £2,312 8

Search for your street here.

Raw data

Our analysis of Bromborough Pool 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
249, New Chester Rd, Bromborough Pool, Wirral £160,000
Feb-2024
65 2,461
16, Marshall Close, Bromborough Pool, Wirral £175,000
Dec-2023
68 2,573
10, Lewisham Rd, Bromborough Pool, Wirral £220,000
Dec-2023
79 2,784

See the entire list of all sales in Bromborough Pool (CH62 4) 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.