Feb 07, 2023 by HM

House prices in Buglawton (CW12 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Buglawton (CW12 2).


Price per square metre

Knowing the average house price in Buglawton 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. White Rose Cottage, , Buglawton, Congleton, sold for £360,000 on Sep-2023. Given the internal area of 94 square metres, the price per sqm is £3,829.

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 125 sales in Buglawton (CW12 2) that took place in the last two years.

Distribution of £ per sqm for Buglawton (CW12 2)
Distribution of £ per sqm house prices in Buglawton

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 Buglawton (CW12 2). Of the 125 transactions, half were sold for between £2,340 and £3,270 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,270m2. 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 'CW12 2' is £2,810. The table below shows how 'CW12 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW12 1 Congleton £1,920m2 £2,440m2 £2,920m2
CW12 3 Congleton £2,460m2 £2,990m2 £3,410m2
CW12 2 Buglawton £2,340m2 £2,810m2 £3,270m2
CW12 4 Congleton £2,360m2 £2,910m2 £3,380m2

Will Buglawton 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 CW12 2 (Buglawton). 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 CW12 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Buglawton (CW12 2) over time
House price trends for Buglawton

Hover on any blue dot to see details of specific sales

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

Price map for Buglawton

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 Buglawton. 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 Buglawton
House price heatmap for Buglawton

Street level data

Street Avg size Avg £/m2 Recent sales
Bath Vale, Buglawton, CW12 2H 89m2 £2,559 18
Giantswood Lane, Buglawton, CW12 2H 132m2 £2,491 13
Bridestones Place, Buglawton, CW12 2N 130m2 £2,495 13
Tidnock Avenue, Buglawton, CW12 2H 74m2 £3,208 13
Bankhouse Drive, Buglawton, CW12 2B 77m2 £2,596 12
Buxton Road, Buglawton, CW12 2D 120m2 £2,860 9
Lomas Way, Buglawton, CW12 2G 111m2 £2,716 9
Kensington Drive, Buglawton, CW12 2G 93m2 £2,659 9

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Stable Croft Road, Buglawton, CW12 2G 150m2 £2,562 9

Stable Croft Road, Buglawton, CW12 2G has seen 9 new build sales in the last 4 years (average price £416,560). These new build homes typically have an internal area of 150 m2, with an average price of £2,562 m2. This £sqm average is £-248 below the average for CW12 2. New builds typically command a £ per sqm premium. In the case of Stable Croft Road 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 Buglawton 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
White Rose Cottage, , Buglawton, Congleton £360,000
Sep-2023
94 3,829
17, Kensington Drive, Buglawton, Congleton £230,000
Sep-2023
87 2,643
5, School Lane, Buglawton, Congleton £430,000
Aug-2023
114 3,771

See the entire list of all sales in Buglawton (CW12 2) 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.