House prices in CH62 4 (Wirral)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CH62 4' (Wirral) - statistics were last calculated on 30 June 2024.


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. There are no official names for postcode sectors so I've just labelled it Wirral.

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 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. 7, Marine Drive, Wirral, sold for £287,500 on May-2024. Given the internal area of 88 square metres, the price per sqm is £3,267.

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. £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 78 sales in Wirral (CH62 4) that took place in the last two years.

Distribution of £ per sqm for Wirral
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.

The spread of prices will give you a feel of the typical range to expect in Wirral (CH62 4). Of the 78 transactions, half were sold for between £1,940 and £2,780 per square metre. The median, or 'middle', price per square metre in 'CH62 4' is £2,400. Notably, only 25% of properties that sold recently were valued at more than £2,780 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 Wirral

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 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.

Property price heatmap for Wirral
House price heatmap for Wirral

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 2 Bromborough £1,850 sqm £2,370 sqm £2,830 sqm
CH62 6 Bromborough £2,090 sqm £2,590 sqm £3,000 sqm
CH62 1 New Ferry £1,160 sqm £1,360 sqm £1,920 sqm
CH62 3 Bromborough £2,190 sqm £2,360 sqm £2,600 sqm
CH62 8 Eastham £2,220 sqm £2,760 sqm £3,200 sqm
CH62 4 Wirral £1,940 sqm £2,400 sqm £2,780 sqm
CH62 9 Wirral £1,880 sqm £2,060 sqm £2,640 sqm
CH62 0 Eastham £2,240 sqm £2,560 sqm £2,990 sqm
CH62 5 New Ferry £2,020 sqm £2,300 sqm £2,630 sqm
CH62 7 Bromborough £1,850 sqm £2,110 sqm £2,490 sqm

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 chart below for CH62 4 (Wirral) compared with both the wider area CH62 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 Wirral,Wirral
House price trends for Wirral

Download time series data as CSV (paying users only).

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 CH62 4 sales
Recent trends for Wirral

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 Wirral 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 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.

Street level data

Street Avg size Avg £sqm Recent sales
New Chester Road, Wirral, CH62 4R 78 sqm £1,765 20
Marine Drive, Wirral, CH62 4S 97 sqm £2,721 20
Sparks Croft, Wirral, CH62 4R 84 sqm £1,979 15
Bolton Road East, Wirral, CH62 4R 79 sqm £2,002 13
Pool Lane, Wirral, CH62 4W 83 sqm £2,696 12
Shore Drive, Wirral, CH62 4R 72 sqm £1,822 9
Graylands Road, Wirral, CH62 4S 76 sqm £1,820 8
Portland Gate, Wirral, CH62 4S 50 sqm £1,703 8

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 sqm £/sqm
7, Marine Drive, Wirral £287,500
May-2024
88 3,267
39, Marshall Close, Wirral £215,000
May-2024
68 3,161
107, New Chester Rd, Wirral £110,000
Apr-2024
79 1,392

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