# House prices in CW11 3 (Elworth)

This article reveals price per square metre data and various charts to help you understand current housing market in Elworth, Sandbach (CW11 3).

## Defining 'CW11 3'

This analysis is limited to properties whose postcode starts with "CW11 3", 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 Elworth.

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 metre

Knowing the average house price in Elworth 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. 618, Crewe Road, Elworth, Sandbach, sold for £190,000 on Apr-2024. Given the internal area of 83 square metres, the price per sqm is £2,289.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 264 sales in Elworth (CW11 3) that took place in the last two years.

##### Distribution of £ per sqm for Elworth, Sandbach
Distribution of £ per sqm house prices in Elworth

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 Elworth (CW11 3). Of the 264 transactions, half were sold for between £2,500 and £3,240 per square metre. The median, or 'middle', price per square metre in 'CW11 3' is £2,870. Notably, only 25% of properties that sold recently were valued at more than £3,240 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Elworth, Sandbach

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 Sandbach. 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.

House price heatmap for Elworth, Sandbach

## Comparison with neighbouring postcode sectors

The table below shows how 'CW11 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW11 1 Sandbach £2,500 sqm £2,980 sqm £3,520 sqm
CW11 4 Sandbach £2,410 sqm £2,920 sqm £3,340 sqm
CW11 3 Elworth £2,500 sqm £2,870 sqm £3,240 sqm
CW11 2 Arclid £2,790 sqm £3,090 sqm £3,520 sqm

## Will Sandbach 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 CW11 3 (Elworth) compared with both the wider area CW11 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 metre in Elworth,Sandbach
House price trends for Elworth

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 CW11 3 sales
Recent trends for Elworth

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 Sandbach 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 Sandbach 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 £sqm Recent sales
Patrons Drive, Elworth, CW11 3A 99 sqm £2,329 20
Crewe Road, Elworth, CW11 3R 74 sqm £2,211 19
Moorland Road, Elworth, CW11 3S 107 sqm £2,570 16
Oldfield Road, Elworth, CW11 3L 74 sqm £2,415 15
Redshank Place, Elworth, CW11 3J 84 sqm £2,177 15
Barnton Way, Elworth, CW11 3D 106 sqm £2,193 15
Milton Way, Elworth, CW11 3G 86 sqm £2,353 14
Lee Place, Elworth, CW11 3L 93 sqm £2,605 14

## New build activity

Street Avg size Avg £sqm New build sales
Lee Place, Elworth, CW11 3J 103 sqm £2,302 9

Lee Place, Elworth, CW11 3J has seen 9 new build sales in the last 4 years (average price £222,195). These new build homes typically have an internal area of 103 sqm, with an average price of £2,302 sqm. This £sqm average is £-568 below the average for CW11 3. New builds typically command a £ per sqm premium. In the case of Lee Place the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Elworth 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.