Feb 07, 2023 by HM

House prices in Haslington (CW1 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Haslington (CW1 5).


Price per square metre

Knowing the average house price in Haslington 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. 5, Grenville Close, Haslington, Crewe, sold for £284,000 on Oct-2023. Given the internal area of 92 square metres, the price per sqm is £3,086.

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 292 sales in Haslington (CW1 5) that took place in the last two years.

Distribution of £ per sqm for Haslington (CW1 5)
Distribution of £ per sqm house prices in Haslington

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 Haslington (CW1 5). Of the 292 transactions, half were sold for between £2,150 and £2,960 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,960m2. 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 5' is £2,540. The table below shows how 'CW1 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW1 2 Crewe £1,170m2 £1,320m2 £1,490m2
CW1 4 Leighton £1,580m2 £2,120m2 £2,550m2
CW1 3 Coppenhall £1,310m2 £1,730m2 £2,230m2
CW1 5 Haslington £2,150m2 £2,540m2 £2,960m2
CW1 6 Monks Coppenhall £1,480m2 £1,740m2 £2,590m2

Will Haslington 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 5 (Haslington). 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 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Haslington (CW1 5) over time
House price trends for Haslington

Hover on any blue dot to see details of specific sales

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

Price map for Haslington

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 Haslington. 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.

Property price heatmap for Haslington
House price heatmap for Haslington

Street level data

Street Avg size Avg £/m2 Recent sales
Rochester Crescent, Haslington, CW1 5Y 67m2 £2,435 25
Crewe Road, Haslington, CW1 5R 116m2 £2,544 22
Oakland Avenue, Haslington, CW1 5P 87m2 £2,244 21
Lansdowne Road, Haslington, CW1 5L 66m2 £2,265 20
Primrose Avenue, Haslington, CW1 5Q 82m2 £2,758 19
Heron Crescent, Haslington, CW1 5Y 67m2 £2,570 15
Hungerford Road, Haslington, CW1 5E 119m2 £1,437 14
Coleridge Way, Haslington, CW1 5J 66m2 £2,463 14

Search for your street here.

Raw data

Our analysis of Haslington 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
5, Grenville Close, Haslington, Crewe £284,000
Oct-2023
92 3,086
23, Pelican Close, Haslington, Crewe £179,000
Aug-2023
76 2,355
48, Leaman Rd, Haslington, Crewe £460,000
Aug-2023
183 2,513

See the entire list of all sales in Haslington (CW1 5) 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.