# House prices in CH7 1 (Mold)

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

## Defining 'CH7 1'

This analysis is limited to properties whose postcode starts with "CH7 1", 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 Mold.

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 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. 25 The Carriageworks, New Street, Mold, Buckley, sold for £127,500 on Mar-2024. Given the internal area of 50 square metres, the price per sqm is £2,550.

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. £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 205 sales in Mold (CH7 1) that took place in the last two years.

##### Distribution of £ per sqm for Mold, Buckley
Distribution of £ per sqm house prices in Mold

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 Mold (CH7 1). Of the 205 transactions, half were sold for between £1,980 and £2,830 per square metre. The median, or 'middle', price per square metre in 'CH7 1' is £2,400. Notably, only 25% of properties that sold recently were valued at more than £2,830 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 Mold, Buckley

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 Buckley. 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.

House price heatmap for Mold, Buckley

## Comparison with neighbouring postcode sectors

The table below shows how 'CH7 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH7 6 Mynydd Isa £2,320 sqm £2,650 sqm £3,050 sqm
CH7 3 Buckley £2,160 sqm £2,590 sqm £2,880 sqm
CH7 2 Buckley £1,980 sqm £2,330 sqm £2,720 sqm
CH7 4 Leeswood £1,970 sqm £2,320 sqm £2,880 sqm
CH7 1 Mold £1,980 sqm £2,400 sqm £2,830 sqm
CH7 5 Caerwys £2,380 sqm £2,770 sqm £3,250 sqm

## Will Buckley 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 CH7 1 (Mold) compared with both the wider area CH7 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 Mold,Buckley
House price trends for Mold

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 CH7 1 sales
Recent trends for Mold

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 Buckley 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 Buckley 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
Tai Maes, Mold, CH7 1R 83 sqm £2,273 17
New Street, Mold, CH7 1N 63 sqm £1,785 14
Hafod Park, Mold, CH7 1Q 100 sqm £2,274 13
Wood Green, Mold, CH7 1U 84 sqm £2,473 11
Parc Hendy, Mold, CH7 1T 85 sqm £2,361 10
Hendy Road, Mold, CH7 1Q 99 sqm £2,471 10
Bryn Awelon, Mold, CH7 1L 108 sqm £2,886 10
Clayton Road, Mold, CH7 1S 109 sqm £2,506 10

## New build activity

Street Avg size Avg £sqm New build sales
Ffordd Trebeirdd, Mold, CH7 1F 99 sqm £2,656 20

Ffordd Trebeirdd, Mold, CH7 1F has seen 20 new build sales in the last 4 years (average price £244,611). These new build homes typically have an internal area of 99 sqm, with an average price of £2,656 sqm. This £sqm average is £256 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.