Feb 07, 2023 by HM

House prices in Greenfield (CH8 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Greenfield (CH8 7).


Defining 'CH8 7'

This analysis is limited to properties whose postcode starts with "CH8 7", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Greenfield 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. 27, Strand Park, Greenfield, sold for £128,000 on Feb-2024. Given the internal area of 84 square metres, the price per sqm is £1,523.

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 199 sales in Greenfield (CH8 7) that took place in the last two years.

Distribution of £ per sqm for Greenfield (CH8 7)
Distribution of £ per sqm house prices in Greenfield

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 Greenfield (CH8 7). Of the 199 transactions, half were sold for between £1,600 and £2,400 per square metre. The median, or 'middle', price per square metre in 'CH8 7' is £1,890. Notably, only 25% of properties that sold recently were valued at more than £2,400m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Greenfield

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 Greenfield. 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.

Property price heatmap for Greenfield
House price heatmap for Greenfield

Comparison with neighbouring postcode sectors

The table below shows how 'CH8 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CH8 9 Mostyn £1,520m2 £1,930m2 £2,540m2
CH8 7 Greenfield £1,600m2 £1,890m2 £2,400m2
CH8 8 Pentre Halkyn £2,100m2 £2,630m2 £3,020m2

Will Greenfield 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 CH8 7 (Greenfield). 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 CH8 7 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Greenfield (CH8 7) over time
House price trends for Greenfield

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Pen Y Maes Road, Greenfield, CH8 7B 97m2 £1,830 14
Fron Park Road, Greenfield, CH8 7U 143m2 £2,360 13
Glan Y Don, Greenfield, CH8 7H 82m2 £1,373 12
Pen Y Maes Gardens, Greenfield, CH8 7B 78m2 £1,565 11
Maes Y Dyffryn, Greenfield, CH8 7Q 65m2 £2,492 10
Holway Road, Greenfield, CH8 7N 111m2 £1,686 10
Meadow Bank, Greenfield, CH8 7E 92m2 £1,022 10
Pistyll, Greenfield, CH8 7S 102m2 £2,217 10

Search for your street here.

Raw data

Our analysis of Greenfield 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
27, Strand Park, Greenfield £128,000
Feb-2024
84 1,523
60, Abbots Walk, Greenfield £137,000
Feb-2024
76 1,802
Pentor, Milwr Rd, Greenfield £200,000
Jan-2024
67 2,985

See the entire list of all sales in Greenfield (CH8 7) 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.