Feb 07, 2023 by HM

House prices in Leighton (CW1 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Leighton (CW1 4).

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Price per square metre

Knowing the average house price in Leighton 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. 1, Philip Taylor Drive, Leighton, Crewe, sold for £185,000 on Aug-2023. Given the internal area of 93 square metres, the price per sqm is £1,989.

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 282 sales in Leighton (CW1 4) 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 Leighton (CW1 4). Of the 282 transactions, half were sold for between £1,570 and £2,520 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,520m². 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 'CW1 4' is £2,100. The table below shows how 'CW1 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CW1 2 Crewe	£1,180m2	£1,370m2	£1,550m2
CW1 4 Leighton	£1,570m2	£2,100m2	£2,520m2
CW1 3 Coppenhall	£1,290m2	£1,730m2	£2,230m2
CW1 5 Haslington	£2,150m2	£2,540m2	£2,950m2
CW1 6 Monks Coppenhall	£1,460m2	£1,710m2	£2,490m2

Will Leighton 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 CW1 4 (Leighton). 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 CW1 4 and the blue dots are the individual property sales that inform this trend.

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

Price map for Leighton

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 Leighton. 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 Leighton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Remer Street, Leighton, CW1 4L	83m2	£1,845	28
Middlewich Street, Leighton, CW1 4D	82m2	£1,574	22
Henry Street, Leighton, CW1 4B	82m2	£1,325	22
Lime Tree Avenue, Leighton, CW1 4H	84m2	£1,529	21
Broad Street, Leighton, CW1 4G	90m2	£2,435	17
Broughton Road, Leighton, CW1 4N	90m2	£1,747	16
Lambourn Drive, Leighton, CW1 4T	89m2	£2,393	16
Stoneley Avenue, Leighton, CW1 4N	62m2	£1,963	15

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Higher Croft Drive, Leighton, CW1 4F	99m2	£2,342	10
Bickerton Close, Leighton, CW1 4S	94m2	£2,418	9
George Crawford Road, Leighton, CW1 4S	82m2	£2,132	10

Higher Croft Drive, Leighton, CW1 4F has seen 10 new build sales in the last 4 years (average price £232,133). These new build homes typically have an internal area of 99 m2, with an average price of £2,342 m2. This £sqm average is £242 above the average for CW1 4. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Leighton 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
1, Philip Taylor Drive, Leighton, Crewe	£185,000 Aug-2023	93	1,989
72, Thorn Tree Drive, Leighton, Crewe	£240,000 Aug-2023	96	2,500
21, Plane Tree Drive, Leighton, Crewe	£170,000 Jul-2023	89	1,910

See the entire list of all sales in Leighton (CW1 4) here.