# House prices in CW2 8 (Wistaston)

This article reveals price per square metre data and various charts to help you understand current housing market in Wistaston, Crewe (CW2 8).

## Defining 'CW2 8'

This analysis is limited to properties whose postcode starts with "CW2 8", 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 Wistaston.

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 Wistaston 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. 28, Sandhurst Avenue, Wistaston, Crewe, sold for £225,000 on Mar-2024. Given the internal area of 66 square metres, the price per sqm is £3,409.

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. £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 270 sales in Wistaston (CW2 8) that took place in the last two years.

##### Distribution of £ per sqm for Wistaston, Crewe
Distribution of £ per sqm house prices in Wistaston

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 Wistaston (CW2 8). Of the 270 transactions, half were sold for between £2,090 and £2,830 per square metre. The median, or 'middle', price per square metre in 'CW2 8' is £2,450. Notably, only 25% of properties that sold recently were valued at more than £2,830 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 Wistaston, Crewe

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 Crewe. 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 Wistaston, Crewe

## Comparison with neighbouring postcode sectors

The table below shows how 'CW2 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW2 8 Wistaston £2,090 sqm £2,450 sqm £2,830 sqm
CW2 5 Shavington £2,330 sqm £2,720 sqm £3,060 sqm
CW2 6 Wistaston £1,530 sqm £2,010 sqm £2,700 sqm
CW2 7 Crewe £1,150 sqm £1,390 sqm £1,800 sqm

## Will Crewe 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 CW2 8 (Wistaston) compared with both the wider area CW2 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 Wistaston,Crewe
House price trends for Wistaston

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 CW2 8 sales
Recent trends for Wistaston

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 Crewe 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 Crewe 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
Field Lane, Wistaston, CW2 8S 69 sqm £2,678 22
Stewart Street, Wistaston, CW2 8L 101 sqm £1,470 17
Broughton Lane, Wistaston, CW2 8J 111 sqm £2,409 16
Dane Bank Avenue, Wistaston, CW2 8A 94 sqm £2,484 16
Church Lane, Wistaston, CW2 8E 123 sqm £2,998 15
Langdale Road, Wistaston, CW2 8R 86 sqm £2,483 14
Milton Drive, Wistaston, CW2 8B 63 sqm £2,578 13
Capenhurst Avenue, Wistaston, CW2 8N 82 sqm £1,702 13

## New build activity

Street Avg size Avg £sqm New build sales
Taylor Road, Wistaston, CW2 8G 83 sqm £2,388 14

Taylor Road, Wistaston, CW2 8G has seen 14 new build sales in the last 4 years (average price £194,919). These new build homes typically have an internal area of 83 sqm, with an average price of £2,388 sqm. This £sqm average is £-62 below the average for CW2 8. New builds typically command a £ per sqm premium. In the case of Taylor 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 Wistaston 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.