House prices in CV2 4 (Stoke)

This article reveals price per square foot data and various charts to help you understand current housing market in Stoke, Wyken (CV2 4).


Defining 'CV2 4'

This analysis is limited to properties whose postcode starts with "CV2 4", 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 Stoke.

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 foot

Knowing the average house price in Stoke is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 113, Swan Lane, Stoke, Wyken, sold for £105,000 on Apr-2024. Given the internal area of 452 square feet, the price per sqft is £232.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 287 sales in Stoke (CV2 4) that took place in the last two years.

Distribution of £ per sqft for Stoke, Wyken
Distribution of £ per sqft house prices in Stoke

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 Stoke (CV2 4). Of the 287 transactions, half were sold for between £183 and £239 per square foot. The median, or 'middle', price per square foot in 'CV2 4' is £209. Notably, only 25% of properties that sold recently were valued at more than £239 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Stoke, Wyken

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 Wyken. 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 Stoke
House price heatmap for Stoke, Wyken

Comparison with neighbouring postcode sectors

The table below shows how 'CV2 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV2 2 Walsgrave £224 sqft £261 sqft £309 sqft
CV2 3 Wyken £217 sqft £244 sqft £278 sqft
CV2 5 Wyken £214 sqft £248 sqft £277 sqft
CV2 1 Aldermans Green £171 sqft £212 sqft £258 sqft
CV2 4 Stoke £183 sqft £209 sqft £239 sqft

Will Wyken 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 CV2 4 (Stoke) compared with both the wider area CV2 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 foot in Stoke,Wyken
House price trends for Stoke

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 CV2 4 sales
Recent trends for Stoke

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 Wyken 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 Wyken 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 £sqft Recent sales
Marlborough Road, Stoke, CV2 4E 936 sqft £227 24
Signet Square, Stoke, CV2 4N 688 sqft £204 24
Villiers Street, Stoke, CV2 4H 710 sqft £198 24
Swan Lane, Stoke, CV2 4G 764 sqft £185 23
Enfield Road, Stoke, CV2 4D 742 sqft £194 21
Church Lane, Stoke, CV2 4A 0 sqft £230 18
Nicholls Street, Stoke, CV2 4G 828 sqft £168 17
Harefield Road, Stoke, CV2 4B 0 sqft £197 16

Search for your street here.

Raw data

Our analysis of Stoke 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 sqft £/sqft
113, Swan Lane, Stoke, Wyken £105,000
Apr-2024
452 232
66, Signet Square, Stoke, Wyken £130,000
Apr-2024
613 211
76, Druid Rd, Stoke, Wyken £226,500
Apr-2024
742 304

See the entire list of all sales in Stoke (CV2 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.