House prices in WA7 2 (Palacefields)

This article reveals price per square foot data and various charts to help you understand current housing market in 'WA7 2' (Palacefields, Runcorn) - statistics were last calculated on 30 August 2024.

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Defining 'WA7 2'

This analysis is limited to properties whose postcode starts with "WA7 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 Palacefields.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Palacefields is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 31, St Marys Road, Palacefields, Runcorn, sold for £250,000 on Jun-2024. Given the internal area of 1,173 square feet, the price per sqft is £213.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 135 sales in Palacefields (WA7 2) that took place in the last two years.

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 Palacefields (WA7 2). Of the 135 transactions, half were sold for between £119 and £212 per square foot. The median, or 'middle', price per square foot in 'WA7 2' is £157. Notably, only 25% of properties that sold recently were valued at more than £212 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Palacefields, Runcorn

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 Runcorn. 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 Palacefields, Runcorn

Comparison with neighbouring postcode sectors

The table below shows how 'WA7 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
WA7 2 Palacefields	£119 sqft	£157 sqft	£212 sqft
WA7 3 Beechwood	£215 sqft	£240 sqft	£274 sqft
WA7 6 Murdishaw	£128 sqft	£202 sqft	£262 sqft
WA7 5 Runcorn	£134 sqft	£166 sqft	£211 sqft
WA7 4 Runcorn	£150 sqft	£183 sqft	£234 sqft
WA7 1 Runcorn	£145 sqft	£231 sqft	£292 sqft

Will Runcorn 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 WA7 2 (Palacefields) compared with both the wider area WA7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Runcorn 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 Runcorn 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 £sqft	Recent sales
Calvers, Palacefields, WA7 2E	957 sqft	£116	16
The Uplands, Palacefields, WA7 2U	882 sqft	£107	16
The Glen, Palacefields, WA7 2T	925 sqft	£110	14
Main Street, Palacefields, WA7 2A	882 sqft	£177	14
Scottsdale Road, Palacefields, WA7 2D	871 sqft	£209	10
The Copse, Palacefields, WA7 2T	613 sqft	£176	9
Manor Fell, Palacefields, WA7 2U	807 sqft	£209	9
Cunliffe Close, Palacefields, WA7 2Q	0 sqft	£129	7

Search for your street here.

Raw data

Our analysis of Palacefields 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	sqft	£/sqft
31, St Marys Rd, Palacefields, Runcorn	£250,000 Jun-2024	1,173	213
23, Lapwing Grove, Palacefields, Runcorn	£140,000 Jun-2024	904	154
21, Greenbridge Close, Palacefields, Runcorn	£89,000 May-2024	1,033	86

See the entire list of all sales in Palacefields (WA7 2) here.