House prices in PR8 4 (Southport)

This article reveals price per square metre data and various charts to help you understand current housing market in 'PR8 4' (Southport) - statistics were last calculated on 30 August 2024.


Defining 'PR8 4'

This analysis is limited to properties whose postcode starts with "PR8 4", 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 Southport.

You can click on the map to change 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 Southport 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. 113, Moss Road, Southport, sold for £240,000 on Jul-2024. Given the internal area of 53 square metres, the price per sqm is £4,528.

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 217 sales in Southport (PR8 4) that took place in the last two years.

Distribution of £ per sqm for Southport
Distribution of £ per sqm house prices in Southport

Generate a custom chart like the one above but based on your own criteria.

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 Southport (PR8 4). Of the 217 transactions, half were sold for between £2,050 and £2,680 per square metre. The median, or 'middle', price per square metre in 'PR8 4' is £2,370. Notably, only 25% of properties that sold recently were valued at more than £2,680 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 Southport

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 Southport. 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.

Property price heatmap for Southport
House price heatmap for Southport

Comparison with neighbouring postcode sectors

The table below shows how 'PR8 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
PR8 2 Southport £2,120 sqm £2,550 sqm £2,940 sqm
PR8 6 Southport £1,840 sqm £2,110 sqm £2,470 sqm
PR8 3 Southport £2,110 sqm £2,440 sqm £2,870 sqm
PR8 4 Southport £2,050 sqm £2,370 sqm £2,680 sqm
PR8 5 Southport £1,850 sqm £2,160 sqm £2,500 sqm
PR8 1 Southport £1,470 sqm £1,740 sqm £2,070 sqm

Will Southport 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 PR8 4 (Southport) compared with both the wider area PR8 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 Southport,Southport
House price trends for Southport

Download time series data as CSV (paying users only).

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 PR8 4 sales
Recent trends for Southport

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 Southport 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 Southport 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
Bedford Road, Southport, PR8 4H 100 sqm £2,031 24
Guildford Road, Southport, PR8 4J 91 sqm £2,000 19
Kew Road, Southport, PR8 4H 90 sqm £1,811 16
Moss Road, Southport, PR8 4J 82 sqm £2,791 16
Shaftesbury Road, Southport, PR8 4P 86 sqm £2,289 15
Guildford Road, Southport, PR8 4N 87 sqm £2,117 14
Liverpool Road, Southport, PR8 4P 91 sqm £2,332 14
Richmond Road, Southport, PR8 4S 121 sqm £2,209 14

Search for your street here.

Raw data

Our analysis of Southport 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 sqm £/sqm
113, Moss Rd, Southport £240,000
Jul-2024
53 4,528
101, Guildford Rd, Southport £230,000
Jul-2024
99 2,323
130, Bedford Rd, Southport £224,000
Jul-2024
106 2,113

See the entire list of all sales in Southport (PR8 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.