Feb 07, 2023 by HM

# House prices in Hooton (CH66 7)

## Price per square metre

Knowing the average house price in Hooton 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. July Cottage, Heath Lane, Hooton, Great Sutton, sold for £795,000 on Nov-2022. Given the internal area of 240 square metres, the price per sqm is £3,312.

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. £2,450-£2,500, £2,500-£2,550, £2,550-£2,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 3 sales in Hooton (CH66 7) that took place in the last two years.

##### Distribution of £ per sqm for Hooton (CH66 7)
Distribution of £ per sqm house prices in Hooton

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 Hooton (CH66 7). Of the 3 transactions, half were sold for between £2,480 and £2,940 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,940m2. 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 'CH66 7' is £2,560. The table below shows how 'CH66 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH66 1 Ellesmere Port £1,840m2 £2,210m2 £2,610m2
CH66 6 Hooton £1,810m2 £2,460m2 £2,660m2
CH66 5 Childer Thornton £2,600m2 £3,070m2 £3,500m2
CH66 8 Ledsham £2,740m2 £2,740m2 £2,740m2
CH66 4 Great Sutton £2,280m2 £2,600m2 £3,070m2
CH66 7 Hooton £2,480m2 £2,560m2 £2,940m2
CH66 3 Great Sutton £1,780m2 £2,020m2 £2,270m2
CH66 9 Ledsham £4,110m2 £4,110m2 £4,110m2
CH66 2 Great Sutton £2,440m2 £2,730m2 £3,040m2

## Will Hooton 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 CH66 7 (Hooton). 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 CH66 7 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Hooton (CH66 7) over time
House price trends for Hooton

Hover on any blue dot to see details of specific sales

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

## Price map for Hooton

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 Hooton. 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 Hooton

## New build activity

Street Avg size Avg £/m2 New build sales
Roften Way, Hooton, CH66 7N 105m2 £2,683 12
Consol Drive, Hooton, CH66 7N 128m2 £2,861 9
Pillbox Close, Hooton, CH66 7N 77m2 £1,771 9

Roften Way, Hooton, CH66 7N has seen 12 new build sales in the last 4 years (average price £338,082). These new build homes typically have an internal area of 105 m2, with an average price of £2,683 m2. This £sqm average is £123 above the average for CH66 7. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Hooton 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.