Feb 07, 2023 by HM

House prices in Mold (CH7 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Mold (CH7 1).

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Price per square metre

Knowing the average house price in Mold 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. 18, The Firs, Mold, Buckley, sold for £285,000 on Aug-2023. Given the internal area of 81 square metres, the price per sqm is £3,518.

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 223 sales in Mold (CH7 1) that took place in the last two years.

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 Mold (CH7 1). Of the 223 transactions, half were sold for between £1,950 and £2,820 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,820m². 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 'CH7 1' is £2,390. The table below shows how 'CH7 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CH7 4 Leeswood	£1,910m2	£2,260m2	£2,820m2
CH7 2 Buckley	£1,960m2	£2,370m2	£2,710m2
CH7 1 Mold	£1,950m2	£2,390m2	£2,820m2
CH7 5 Caerwys	£2,400m2	£2,770m2	£3,200m2
CH7 6 Mynydd Isa	£2,200m2	£2,550m2	£3,030m2
CH7 3 Buckley	£2,080m2	£2,580m2	£2,860m2

Will Mold 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 CH7 1 (Mold). 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 CH7 1 and the blue dots are the individual property sales that inform this trend.

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

Price map for Mold

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 Mold. 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 Mold

Street level data

Street	Avg size	Avg £/m2	Recent sales
Tai Maes, Mold, CH7 1R	84m2	£2,258	16
New Street, Mold, CH7 1N	63m2	£1,873	16
Hafod Park, Mold, CH7 1Q	99m2	£2,288	15
Bryn Awelon, Mold, CH7 1L	107m2	£2,835	12
Wood Green, Mold, CH7 1U	83m2	£2,464	10
Parc Hendy, Mold, CH7 1T	85m2	£2,329	9
Hillside Crescent, Mold, CH7 1R	73m2	£2,360	9
Hendy Road, Mold, CH7 1Q	98m2	£2,414	9

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Ffordd Trebeirdd, Mold, CH7 1F	97m2	£2,664	24

Ffordd Trebeirdd, Mold, CH7 1F has seen 24 new build sales in the last 4 years (average price £250,547). These new build homes typically have an internal area of 97 m2, with an average price of £2,664 m2. This £sqm average is £274 above the average for CH7 1. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Mold 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
18, The Firs, Mold, Buckley	£285,000 Aug-2023	81	3,518
95, Parc Hendy, Mold, Buckley	£299,000 Aug-2023	118	2,533
3, Hen Blas, Mold, Buckley	£390,000 Aug-2023	175	2,228

See the entire list of all sales in Mold (CH7 1) here.