At the top end of Victoria Park stands the Tranmere Cross which once marked the entrance to the village of Tranmere on Church Street. This ancient relic is the last reminder of Tranmere as a medieval village. All that remains of the cross is the standing column which locals at one time believed to be a sun dial of some form. The remains of an ancient cross are mentioned in 1833 but various late Victorian authors write about its disappearance around 1862. The cross was re-discovered in 1935 by a local historian outside Tranmere New Hall who noted the unusual carving, shaded location and height of the column which did not seem suitable for a sundial, it looked more like the shaft and base of an ancient cross. It's identity was finally authenticated as a medieval cross by Mr. G.W. Haswell, an authority on medieval masonry.
It was eventually presented to Victoria Park before the second world war, mounted on top of red sandstone steps to mark the village entrance to the park. Close scrutiny of the stone reveals carvings of Gargoyles were originally carved into stone work during medieval times to ward off evil spirits. The Tranmere Cross is supposed to commemorate the 60th anniversary of the incorporation of Tranmere Township into the Borough of Birkenhead. Various authorities all agreed that the column undoubtedly was a relic of the ancient cross, made about 1500, its original site unknown.