Feb 07, 2023 by HM

House prices in Congleton (CW12 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Congleton (CW12 3).


Price per square metre

Knowing the average house price in Congleton 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. 36, The Parklands, Congleton, sold for £340,000 on Sep-2023. Given the internal area of 84 square metres, the price per sqm is £4,047.

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 239 sales in Congleton (CW12 3) that took place in the last two years.

Distribution of £ per sqm for Congleton (CW12 3)
Distribution of £ per sqm house prices in Congleton

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 Congleton (CW12 3). Of the 239 transactions, half were sold for between £2,460 and £3,410 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,410m2. 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 3' is £2,990. The table below shows how 'CW12 3' 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 Congleton 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 3 (Congleton). 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 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Congleton (CW12 3) over time
House price trends for Congleton

Hover on any blue dot to see details of specific sales

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

Price map for Congleton

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 Congleton. 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 Congleton
House price heatmap for Congleton

Street level data

Street Avg size Avg £/m2 Recent sales
Thames Close, Congleton, CW12 3R 78m2 £3,314 21
Biddulph Road, Congleton, CW12 3L 131m2 £2,422 21
Park Lane, Congleton, CW12 3D 133m2 £2,510 18
Leek Road, Congleton, CW12 3H 129m2 £2,642 15
Canal Road, Congleton, CW12 3G 60m2 £2,454 14
Canal Road, Congleton, CW12 3A 76m2 £1,936 14
Woolston Avenue, Congleton, CW12 3E 80m2 £1,767 13
Astbury Lane Ends, Congleton, CW12 3A 97m2 £2,692 12

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Kestrel Close, Congleton, CW12 3Q 107m2 £2,425 15

Kestrel Close, Congleton, CW12 3Q has seen 15 new build sales in the last 4 years (average price £323,185). These new build homes typically have an internal area of 107 m2, with an average price of £2,425 m2. This £sqm average is £-565 below the average for CW12 3. New builds typically command a £ per sqm premium. In the case of Kestrel Close 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 Congleton 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
36, The Parklands, Congleton £340,000
Sep-2023
84 4,047
1, Stone Cottages, Congleton £360,000
Sep-2023
118 3,050
1, Wilbraham Rd, Congleton £185,000
Sep-2023
82 2,256

See the entire list of all sales in Congleton (CW12 3) 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.