Feb 07, 2023 by HM

House prices in Middlewich (CW10 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Middlewich (CW10 0).

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Price per square metre

Knowing the average house price in Middlewich 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. 33, Fairacre Drive, Middlewich, sold for £310,000 on Oct-2023. Given the internal area of 94 square metres, the price per sqm is £3,297.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 253 sales in Middlewich (CW10 0) 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 Middlewich (CW10 0). Of the 253 transactions, half were sold for between £2,110 and £2,810 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,810m². 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 'CW10 0' is £2,470. The table below shows how 'CW10 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CW10 9 Middlewich	£2,010m2	£2,440m2	£2,840m2
CW10 0 Middlewich	£2,110m2	£2,470m2	£2,810m2

Will Middlewich 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 CW10 0 (Middlewich). 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 CW10 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Middlewich

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 Middlewich. 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 Middlewich

Street level data

Street	Avg size	Avg £/m2	Recent sales
Booth Lane, Middlewich, CW10 0H	72m2	£1,672	20
Wimboldsley Avenue, Middlewich, CW10 0G	105m2	£2,412	18
Booth Lane, Middlewich, CW10 0E	91m2	£1,843	18
Clive Way, Middlewich, CW10 0Q	90m2	£2,185	17
Jubilee Pastures, Middlewich, CW10 0A	84m2	£2,458	16
Whatcroft Way, Middlewich, CW10 0F	104m2	£2,486	16
Rolt Crescent, Middlewich, CW10 0B	83m2	£2,192	15
Cross Lane, Middlewich, CW10 0E	82m2	£1,855	15

Search for your street here.

Raw data

Our analysis of Middlewich 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
33, Fairacre Drive, Middlewich	£310,000 Oct-2023	94	3,297
43, Long Lane, Middlewich	£225,000 Sep-2023	92	2,445
182, Booth Lane, Middlewich	£215,000 Sep-2023	94	2,287

See the entire list of all sales in Middlewich (CW10 0) here.