# House prices in PR4 2 (Kirkham)

This article reveals price per square metre data and various charts to help you understand current housing market in 'PR4 2' (Kirkham) - statistics were last calculated on 31 July 2024.

## Defining 'PR4 2'

This analysis is limited to properties whose postcode starts with "PR4 2", 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 Kirkham.

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 Kirkham 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. 73, Langton Lane, Kirkham, sold for £188,500 on May-2024. Given the internal area of 65 square metres, the price per sqm is £2,900.

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 211 sales in Kirkham (PR4 2) that took place in the last two years.

##### Distribution of £ per sqm for Kirkham
Distribution of £ per sqm house prices in Kirkham

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 Kirkham (PR4 2). Of the 211 transactions, half were sold for between £1,750 and £2,780 per square metre. The median, or 'middle', price per square metre in 'PR4 2' is £2,250. Notably, only 25% of properties that sold recently were valued at more than £2,780 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 Kirkham

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 Kirkham. 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 Kirkham

## Comparison with neighbouring postcode sectors

The table below shows how 'PR4 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
PR4 1 Freckleton £1,790 sqm £2,250 sqm £2,650 sqm
PR4 3 Wesham £1,870 sqm £2,370 sqm £2,840 sqm
PR4 4 New Longton £2,290 sqm £2,690 sqm £3,130 sqm
PR4 6 Tarleton £2,230 sqm £2,660 sqm £3,030 sqm
PR4 0 Cottam £2,200 sqm £2,580 sqm £2,810 sqm
PR4 2 Kirkham £1,750 sqm £2,250 sqm £2,780 sqm
PR4 5 Longton £2,400 sqm £2,790 sqm £3,280 sqm

## Will Kirkham 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 PR4 2 (Kirkham) compared with both the wider area PR4 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 Kirkham,Kirkham
House price trends for Kirkham

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 PR4 2 sales
Recent trends for Kirkham

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 Kirkham 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 Kirkham 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
Southlands, Kirkham, PR4 2T 87 sqm £2,884 15
Marsden Street, Kirkham, PR4 2T 80 sqm £1,571 14
Ribby Road, Kirkham, PR4 2B 128 sqm £1,968 13
Dowbridge, Kirkham, PR4 2Y 111 sqm £2,025 12
Bleasdale Avenue, Kirkham, PR4 2H 70 sqm £2,692 11
St Michaels Road, Kirkham, PR4 2T 106 sqm £1,906 11
Foxwood Drive, Kirkham, PR4 2D 111 sqm £2,485 11
Wood Close, Kirkham, PR4 2E 82 sqm £2,426 11

## Raw data

Our analysis of Kirkham 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.