Feb 07, 2023 by HM

House prices in Bebington (CH63 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Bebington (CH63 8).


Price per square metre

Knowing the average house price in Bebington 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. 22, Woodburn Boulevard, Bebington, Wirral, sold for £250,000 on Sep-2023. Given the internal area of 83 square metres, the price per sqm is £3,012.

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 82 sales in Bebington (CH63 8) that took place in the last two years.

Distribution of £ per sqm for Bebington (CH63 8)
Distribution of £ per sqm house prices in Bebington

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 Bebington (CH63 8). Of the 82 transactions, half were sold for between £2,190 and £2,880 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,880m2. 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 'CH63 8' is £2,460. The table below shows how 'CH63 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH63 9 Wirral £2,710m2 £3,170m2 £3,710m2
CH63 0 Bromborough £2,730m2 £3,060m2 £3,460m2
CH63 2 Bebington £2,330m2 £2,670m2 £2,910m2
CH63 3 Bebington £2,430m2 £2,790m2 £3,060m2
CH63 1 Wirral £3,010m2 £3,440m2 £3,840m2
CH63 5 Bebington £1,990m2 £2,630m2 £2,920m2
CH63 6 Wirral £3,570m2 £3,760m2 £4,160m2
CH63 7 Bebington £1,830m2 £2,010m2 £2,590m2
CH63 4 Wirral £2,840m2 £3,060m2 £3,710m2
CH63 8 Bebington £2,190m2 £2,460m2 £2,880m2

Will Bebington 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 CH63 8 (Bebington). 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 CH63 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bebington (CH63 8) over time
House price trends for Bebington

Hover on any blue dot to see details of specific sales

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

Price map for Bebington

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 Bebington. 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 Bebington
House price heatmap for Bebington

Street level data

Street Avg size Avg £/m2 Recent sales
Village Road, Bebington, CH63 8P 79m2 £1,832 18
Town Lane, Bebington, CH63 8L 81m2 £2,196 12
Queenswood Avenue, Bebington, CH63 8N 80m2 £2,609 11
Malpas Drive, Bebington, CH63 8L 84m2 £2,541 9
Arnot Way, Bebington, CH63 8L 116m2 £2,276 8
Bramley Avenue, Bebington, CH63 8L 87m2 £2,430 8
Kings Lane, Bebington, CH63 8N 116m2 £2,159 7
Roland Avenue, Bebington, CH63 8L 112m2 £2,062 7

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Village Road, Bebington, CH63 8Q 70m2 £1,947 10

Village Road, Bebington, CH63 8Q has seen 10 new build sales in the last 4 years (average price £138,911). These new build homes typically have an internal area of 70 m2, with an average price of £1,947 m2. This £sqm average is £-513 below the average for CH63 8. New builds typically command a £ per sqm premium. In the case of Village Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Bebington 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
22, Woodburn Boulevard, Bebington, Wirral £250,000
Sep-2023
83 3,012
24, Orchard Way, Bebington, Wirral £249,995
Aug-2023
70 3,571
177, Kings Rd, Bebington, Wirral £234,995
Aug-2023
104 2,259

See the entire list of all sales in Bebington (CH63 8) 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.