Feb 07, 2023 by HM

House prices in Whitby (CH65 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Whitby (CH65 9).


Price per square metre

Knowing the average house price in Whitby 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. 35, Vale Road, Whitby, Ellesmere Port, sold for £280,000 on Jul-2023. Given the internal area of 107 square metres, the price per sqm is £2,616.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 116 sales in Whitby (CH65 9) that took place in the last two years.

Distribution of £ per sqm for Whitby (CH65 9)
Distribution of £ per sqm house prices in Whitby

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 Whitby (CH65 9). Of the 116 transactions, half were sold for between £1,550 and £2,740 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,740m2. 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 'CH65 9' is £2,300. The table below shows how 'CH65 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH65 9 Whitby £1,550m2 £2,300m2 £2,740m2
CH65 4 Ellesmere Port £1,330m2 £1,850m2 £2,370m2
CH65 1 Hooton £2,020m2 £2,020m2 £2,020m2
CH65 7 Great Sutton £1,590m2 £1,760m2 £2,100m2
CH65 8 Ellesmere Port £1,330m2 £1,530m2 £1,810m2
CH65 0 Ellesmere Port £1,650m2 £1,760m2 £1,850m2
CH65 3 Ellesmere Port £1,610m2 £1,890m2 £2,110m2
CH65 5 Ellesmere Port £1,440m2 £1,720m2 £2,050m2
CH65 6 Whitby £2,210m2 £2,620m2 £2,890m2
CH65 2 Ellesmere Port £1,140m2 £1,360m2 £1,510m2

Will Whitby 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 CH65 9 (Whitby). 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 CH65 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Whitby (CH65 9) over time
House price trends for Whitby

Hover on any blue dot to see details of specific sales

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

Price map for Whitby

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 Whitby. 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 Whitby
House price heatmap for Whitby

Street level data

Street Avg size Avg £/m2 Recent sales
Jersey Avenue, Whitby, CH65 9H 71m2 £2,203 13
Stanney Lane, Whitby, CH65 9A 101m2 £1,926 12
Hilbre Drive, Whitby, CH65 9J 66m2 £2,688 12
Underwood Drive, Whitby, CH65 9B 92m2 £2,812 11
Vale Road, Whitby, CH65 9A 94m2 £2,113 9
Birkett Avenue, Whitby, CH65 9B 93m2 £2,237 7
Windermere Road, Whitby, CH65 9D 91m2 £2,201 7
Durham Court, Whitby, CH65 9E 76m2 £1,141 7

Search for your street here.

Raw data

Our analysis of Whitby 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
35, Vale Rd, Whitby, Ellesmere Port £280,000
Jul-2023
107 2,616
139, Stanney Lane, Whitby, Ellesmere Port £200,000
Jun-2023
99 2,020
7, Durham Court, Whitby, Ellesmere Port £78,000
Jun-2023
101 772

See the entire list of all sales in Whitby (CH65 9) 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.