# House prices in DE11 9 (Church Gresley)

This article reveals price per square metre data and various charts to help you understand current housing market in Church Gresley, Woodville (DE11 9).

## Defining 'DE11 9'

This analysis is limited to properties whose postcode starts with "DE11 9", 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 Church Gresley.

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 Church Gresley 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. 5, Catharine Rise, Church Gresley, Woodville, sold for £144,000 on Apr-2024. Given the internal area of 63 square metres, the price per sqm is £2,285.

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 399 sales in Church Gresley (DE11 9) that took place in the last two years.

##### Distribution of £ per sqm for Church Gresley, Woodville
Distribution of £ per sqm house prices in Church Gresley

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 Church Gresley (DE11 9). Of the 399 transactions, half were sold for between £2,000 and £2,790 per square metre. The median, or 'middle', price per square metre in 'DE11 9' is £2,420. Notably, only 25% of properties that sold recently were valued at more than £2,790 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 Church Gresley, Woodville

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 Woodville. 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 Church Gresley, Woodville

## Comparison with neighbouring postcode sectors

The table below shows how 'DE11 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE11 9 Church Gresley £2,000 sqm £2,420 sqm £2,790 sqm
DE11 0 Newhall £2,100 sqm £2,540 sqm £2,930 sqm
DE11 7 Woodville £1,980 sqm £2,410 sqm £2,910 sqm
DE11 8 Woodville £2,040 sqm £2,570 sqm £2,980 sqm

## Will Woodville 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 DE11 9 (Church Gresley) compared with both the wider area DE11 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 Church Gresley,Woodville
House price trends for Church Gresley

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 DE11 9 sales
Recent trends for Church Gresley

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 Woodville 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 Woodville 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
Regent Street, Church Gresley, DE11 9P 76 sqm £1,707 30
Oxford Street, Church Gresley, DE11 9N 82 sqm £1,735 25
Station Street, Church Gresley, DE11 9J 82 sqm £2,147 25
Suffolk Way, Church Gresley, DE11 9G 89 sqm £2,454 22
Mount Pleasant Road, Church Gresley, DE11 9J 104 sqm £2,227 21
Stanhope Road, Church Gresley, DE11 9B 82 sqm £2,015 20
Hope Way, Church Gresley, DE11 9B 84 sqm £2,472 20
Linton Road, Church Gresley, DE11 9H 93 sqm £1,775 17

## Raw data

Our analysis of Church Gresley 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.