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House Prices in CH45

The average house price in CH45 (Wallasey) is £181,496 using HM Land Registry data.

The average property price increased by £54,654 (32.11%) over the last 5 years and increased by £10,923 (4.65%) over the last 12 months.

Over the last year, there were 291 residential property sales – a decrease of 246 transactions (-84.54%) relative to the previous year. The majority of house sales (67) were in the £182,000 - £228,000 range. Then came properties in the £136,000 - £182,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,656 (-2%).

In April 2024, there were 83 new estate agency instructions, 52 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in CH45 (Wallasey)

32.11%

Property prices in Wallasey increased by 32.11% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CH45 (Wallasey) Over the Last Year

4.65%

Property prices in Wallasey increased by 4.65% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CH45 (Wallasey) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CH45 (Wallasey)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CH45 (Wallasey)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CH45 (Wallasey)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CH45 (Wallasey) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CH45 postcode area since 1995.

Recent Sales in CH45 (Wallasey)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
197 Victoria Road, Wallasey, Merseyside, CH45 0JY	£450,000	£450,000	£00	12 Oct 2023	08 Mar 2024	148 Days
2 Cormorant Court, Wallasey, Merseyside, CH45 3QL	£164,950	£159,000	-£5,950	02 Aug 2023	07 Mar 2024	218 Days
56 Prospect Vale, Wallasey, Merseyside, CH45 6TQ	£160,000	£160,000	£00	24 Oct 2023	05 Mar 2024	133 Days
189 Seabank Road, Wallasey, Merseyside, CH45 1HD	£310,000	£297,830	-£12,170	02 Aug 2023	01 Mar 2024	212 Days
22 Lynton Road, Wallasey, Merseyside, CH45 3JW	£340,000	£335,000	-£5,000	13 Apr 2023	19 Feb 2024	312 Days
49 Field Road, Wallasey, Merseyside, CH45 5BG	£140,000	£135,000	-£5,000	04 Aug 2023	16 Feb 2024	196 Days
16 Sandrock Road, Wallasey, Merseyside, CH45 5EG	£170,000	£165,500	-£4,500	02 Oct 2023	14 Feb 2024	135 Days
11 Moseley Avenue, Wallasey, Merseyside, CH45 4ND	£125,000	£123,500	-£1,500	27 Oct 2023	09 Feb 2024	105 Days
46 Queensway, Wallasey, Merseyside, CH45 4QA	£160,000	£145,000	-£15,000	10 Nov 2023	09 Feb 2024	91 Days
6 Redcap Close, Wallasey, Merseyside, CH45 3QH	£220,000	£210,000	-£10,000	18 Oct 2023	31 Jan 2024	105 Days
6 Sandy Lane, Wallasey, Merseyside, CH45 3JZ	£375,000	£365,000	-£10,000	13 Jun 2023	17 Jan 2024	218 Days
8 Merton Road, Wallasey, Merseyside, CH45 4QZ	£130,000	£125,000	-£5,000	02 Oct 2023	12 Jan 2024	102 Days
2 The Grennan, Wallasey, Merseyside, CH45 9NX	£475,000	£470,000	-£5,000	27 Sep 2023	12 Jan 2024	107 Days
2 Highacre Road, Wallasey, Merseyside, CH45 5DA	£295,000	£288,000	-£7,000	20 Apr 2023	11 Jan 2024	266 Days
24 Stoneyhey Road, Wallasey, Merseyside, CH45 5BW	£230,000	£210,000	-£20,000	19 May 2023	22 Dec 2023	217 Days
9 Kimberley Road, Wallasey, Merseyside, CH45 7NU	£140,000	£135,000	-£5,000	03 May 2023	20 Dec 2023	231 Days
93 Heyes Drive, Wallasey, Merseyside, CH45 8QN	£230,000	£230,000	£00	06 Sep 2023	19 Dec 2023	104 Days
25 Elm Park Road, Wallasey, Merseyside, CH45 5JH	£350,000	£345,000	-£5,000	21 Jul 2023	15 Dec 2023	147 Days
28 Cromer Drive, Wallasey, Merseyside, CH45 4RS	£185,000	£183,000	-£2,000	12 Sep 2023	14 Dec 2023	93 Days
9 Westbank Avenue, Wallasey, Merseyside, CH45 1NA	£225,000	£217,500	-£7,500	25 Sep 2023	11 Dec 2023	77 Days

Most Expensive Streets in CH45 (Wallasey)

Postcode	Street	Area	Average	No. of Sales
CH45 0JU	Sea Road	Wallasey	£661,500	5
CH45 0JP	Warren Drive	Wallasey	£537,000	5
CH45 0NQ	Linksview	Wallasey	£531,000	5
CH45 2NG	Wellington Road	Wallasey	£434,900	5
CH45 6TD	Broadway Avenue	Wallasey	£396,237	4
CH45 0JR	Warren Drive	Wallasey	£370,737	4
CH45 0LU	Sunningdale Road	Wallasey	£357,916	6
CH45 3NB	St Hilary Drive	Wallasey	£355,500	6
CH45 0JN	Warren Drive	Wallasey	£351,400	5
CH45 8NF	Bayswater Road	Wallasey	£339,500	4

Least Expensive Streets in CH45 (Wallasey)

Postcode	Street	Area	Average	No. of Sales
CH45 5JB	Mount Road	Wallasey	£53,165	3
CH45 9NF	Montpellier House, Montpellier Crescent	Wallasey	£58,678	14
CH45 6XT	Claremount Road	Wallasey	£61,555	18
CH45 8NS	Liddell Court, Cross Lane	Wallasey	£71,000	3
CH45 5EW	Mount Pleasant Road	Wallasey	£78,000	4
CH45 7QQ	Penkett Road	Wallasey	£79,990	5
CH45 7LJ	Bisley Street	Wallasey	£80,130	5
CH45 1NN	Melling Court, Melling Road	Wallasey	£81,388	9
CH45 4PD	Seaview Road	Wallasey	£81,800	5
CH45 7LU	Manor Road	Wallasey	£81,833	3