CH45 is the more affluent part of Wallasey, home to areas like New Brighton and Wallasey Village. Homes are more expensive here – with properties on Warren Drive exceeding £1,000,000 in property price.
These locations sit on the local rail network, allowing commuters to reach Liverpool, West Kirby and Chester (indeed, if you want to know about Chester property investment, check out our guide to Chester buy-to-let).
New Brighton has enjoyed plenty of regeneration in recent years and now has a popular concourse, complete with a Light cinema, Morrisons supermarket and multiple eateries, attracting visitors from across Merseyside.
Wallasey Village is home to St. Mary’s Catholic College and also provides access to the national motorway network and other parts of the Wirral, leading into Leasowe and Moreton.
Average Property Price in CH45
In the past year, properties in CH45 commanded an average price of £198,629.
Semi-detached properties were the most prevalent in CH45’s sales market, with an average selling price of £239,917. Terraced properties followed, selling for an average of £165,667, while flats fetched £117,602.
Overall, sold prices in CH45 over the last year experienced an 8% decrease compared to the previous year and a 1% decline from the peak in 2021, which stood at £201,340.
Average Rental Yield in CH45
The average rental yield in this area is 3.9%, though it is possible to find properties almost double that percentage, particularly in popular areas like New Brighton.
(Average property prices were taken from Rightmove in early 2024; gross rental yield estimates were calculated with figures from housesforsaletorent.co.uk in the same period)
