The Most And Least Expensive Homes Sold In Cheshire During Lockdown

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A gated mansion on Merseyside's 'Millionaire's Row' was the most expensive house sold during lockdown - fetching an eye-watering £1,325,000.

The property, located on Victoria Road in Formby, came out on top for the priciest home sales according to research by our data unit.

Tucked away behind a towering brick perimeter wall and a huge set of electric gates, the property is set on one of the most exclusive streets in the entire of Merseyside.

Coming in at second place is a property located on 'The Ridge' in Heswall, a secluded private street that's lined with imposing mega mansions.

This Wirral home sold for £960,000, placing it ahead of a property in Woolton which is set on one of the city's only private, gated streets.

The third most expensive home, which is on Three Acres Close in Woolton, sold for £900,000 on March 31.

To view properties on the market in your area and compare house prices, you can use our dedicated tool:

On the opposite end of the price spectrum, the least expensive home sold in lockdown was a terraced house on Hawkesworth Street in Anfield sold for an unbelievable £25,000.

Other bargain homes sold during lockdown included a terraced home on Mayfair Close in Anfield, which fetched £29,000 on March 30, and another property on nearby Rector Road, which sold for £30,000 on April 9.

In Merseyside, there have been 1,549 sales registered for January and 1,403 sales for February. That drops to 1,222 in March, 427 in April, 230 in May, and 22 so far for June.

These are the 10 most expensive properties sold across our region during lockdown:

  1. 112 Victoria Road, Formby, Sefton, L37 1LP, which is a detached house, sold for £1,325,000 on May 7 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  2. 10 The Ridge, Wirral, CH60 6SP, which is a detached house, sold for £960,000 on March 23
  3. 7 Three Acres Close, Woolton, Liverpool, L25 7DA, which is a detached house, sold for £900,000 on March 31
  4. 33 Latchford Road, Wirral, CH60 3RN, which is a detached house, sold for £782,000 on April 9
  5. 4 Parkdale, Caldy, Wirral, CH48 1QU, which is a detached house, sold for £740,000 on April 9
  6. 2 Oldfield Gardens, Wirral, CH60 6TG, which is a detached house, sold for £680,000 on March 24
  7. 53 Dunbabin Road, Liverpool, L15 6XJ, which is a flat house, sold for £645,000 on March 27 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  8. 12 Oldfield Road, Heswall, Wirral, CH60 6SE, which is a detached house, sold for £640,000 on June 5
  9. 2 Devonshire Road, West Kirby, Wirral, CH48 7HR, which is a detached house, sold for £600,000 on March 27
  10. 6 Park West, Heswall, Wirral, CH60 9JF, which is a detached house, sold for £550,000 on April 2

These are the 10 least expensive properties sold across our region during lockdown:

  1. 6 Hawkesworth Street, Liverpool, L4 0UA, which is a terraced house, sold for £25,000 on March 27
  2. 14 Mayfair Close, Anfield, Liverpool, L6 5JS, which is a terraced house, sold for £29,000 on March 30
  3. 68 Rector Road, Liverpool, L6 0BY, which is a terraced house, sold for £30,000 on April 9
  4. Flat 10, 165 Roxburgh Street, Bootle, Sefton, L20 9NH, which is a flat house, sold for £30,000 on March 23 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  5. Flat 5C, 3 To 7 Buckingham Road, Tuebrook, Liverpool, L13 8AY, which is a flat house, sold for £30,250 on April 21 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  6. 14 Montgomery Way, Liverpool, L6 5JT, which is a flat house, sold for £30,500 on April 3
  7. 51 Oxton Street, Liverpool, L4 4DG, which is a terraced house, sold for £32,500 on April 3
  8. 133 Gorsey Lane, Ford, Sefton, L21 0DQ, which is a flat house, sold for £34,700 on April 30
  9. 4 Epstein Court, Liverpool, L6 9JD, which is a flat house, sold for £35,000 on May 1 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)
  10. Flat 5, 165 Roxburgh Street, Bootle, Sefton, L20 9NH, which is a flat house, sold for £35,000 on March 23 (This sale may have been a buy-to-let, a transfer to a company, or a repossession)

According to the Land Registry, 44,920 home sales have been registered from March 23 to the end of June.

It may take several weeks for sales to be registered after completion so some sales from later in the period may not be listed yet.

So far, 16,299 sales have been registered between March 23 and the end of the month, 18,964 in April, 8,887 in May and just 770 in June.

In June last year 21,700 sales had been registered by this point.

The drop is likely to be a combination of the impact of the coronavirus outbreak on both house sales and on the registration of sales.

The UK Government issued guidance on March 26 advising people to delay house moves if at all possible during the lockdown period, meaning that some sales that were due to complete in March will not have gone ahead.

As well as this, lockdown rules prevented in-person house viewings.

From May 13, estate agents in England could conduct viewings. In Wales, viewings of empty properties were allowed from June 22, while viewing of occupied properties could restart from July 27.

The Land Registry has also warned its services are likely to be disrupted due to the pandemic, particularly the process of registering a new sale, which likely means a longer delay between the house sale completing and the record being updated at the Land Registry.

The Land Registry lists the price paid for every property bought at market value. The data also includes sales under a power of sale/repossessions, buy-to-lets (where they can be identified by a Mortgage) and transfers to non-private individuals.

As the data relies on buyers, or their solicitors, registering the sale and the price paid with the Land Registry, mistakes in listings may happen, they are usually corrected at a later date. Issues can include figures with too many digits or shared ownership prices paid for a part share listed as the whole price.

Source : https://www.msn.com/en-gb/news/newsliverpool/gated-mansion-on-millionaire-s-row-becomes-merseyside-s-most-expensive-lockdown-house-sale/ar-BB17KG0h

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