House prices in BA1 5 (Bath)

This article reveals price per square metre data and various charts to help you understand current housing market in Bath (BA1 5).


Defining 'BA1 5'

This analysis is limited to properties whose postcode starts with "BA1 5", 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 Bath.

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

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

Price per square metre

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

£ per sqm = price ÷ internal area
E.g. 14, Guinea Lane, Bath, sold for £392,000 on Mar-2024. Given the internal area of 56 square metres, the price per sqm is £7,000.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £6,150-£6,500, £6,500-£6,850, £6,850-£7,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 117 sales in Bath (BA1 5) that took place in the last two years.

Distribution of £ per sqm for Bath
Distribution of £ per sqm house prices in Bath

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 Bath (BA1 5). Of the 117 transactions, half were sold for between £5,060 and £7,320 per square metre. The median, or 'middle', price per square metre in 'BA1 5' is £6,070. Notably, only 25% of properties that sold recently were valued at more than £7,320 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bath

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 Bath. 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.

Property price heatmap for Bath
House price heatmap for Bath

Comparison with neighbouring postcode sectors

The table below shows how 'BA1 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA1 3 Bath £4,390 sqm £5,000 sqm £5,520 sqm
BA1 6 Bath £4,380 sqm £5,000 sqm £5,770 sqm
BA1 7 Batheaston £3,960 sqm £4,850 sqm £5,650 sqm
BA1 4 Bath £4,030 sqm £4,730 sqm £5,370 sqm
BA1 5 Bath £5,060 sqm £6,070 sqm £7,320 sqm
BA1 8 Upper Swainswick £4,850 sqm £5,420 sqm £5,880 sqm
BA1 2 Bath £4,500 sqm £5,630 sqm £6,600 sqm
BA1 1 Bath £4,530 sqm £4,820 sqm £6,220 sqm
BA1 9 Lansdown £4,960 sqm £5,490 sqm £6,010 sqm

Will Bath 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 BA1 5 (Bath) compared with both the wider area BA1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Bath,Bath
House price trends for Bath

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.

Most recent BA1 5 sales
Recent trends for Bath

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 Bath 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 Bath 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 £sqm Recent sales
Beehive Yard, Bath, BA1 5B 105 sqm £6,930 14
Lansdown Road, Bath, BA1 5R 131 sqm £5,879 13
Belvedere, Bath, BA1 5H 82 sqm £4,715 11
Lansdown Road, Bath, BA1 5T 142 sqm £5,299 10
Alpine Gardens, Bath, BA1 5P 85 sqm £4,355 9
Lansdown Heights, Bath, BA1 5A 123 sqm £5,764 8
Walcot Parade, Bath, BA1 5N 68 sqm £4,615 8
Fountain Buildings, Bath, BA1 5D 48 sqm £4,661 7

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Hope Place, Bath, BA1 5D 71 sqm £6,887 15

Hope Place, Bath, BA1 5D has seen 15 new build sales in the last 4 years (average price £629,346). These new build homes typically have an internal area of 71 sqm, with an average price of £6,887 sqm. This £sqm average is £817 above the average for BA1 5. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Bath 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 sqm £/sqm
14, Guinea Lane, Bath £392,000
Mar-2024
56 7,000
Birch House, 27, Lansdown Park, Bath £1,750,000
Feb-2024
234 7,478
Flat 30 Ladymead House, 110 - 112, Walcot St, Bath £265,000
Jan-2024
44 6,022

See the entire list of all sales in Bath (BA1 5) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.