Feb 07, 2023 by HM

# House prices in Sutton Veny (BA12 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Veny (BA12 7).

## Price per square metre

Knowing the average house price in Sutton Veny 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. 12, Longhedge, Sutton Veny, Warminster, sold for £785,000 on Oct-2023. Given the internal area of 182 square metres, the price per sqm is £4,313.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 61 sales in Sutton Veny (BA12 7) that took place in the last two years.

##### Distribution of £ per sqm for Sutton Veny (BA12 7)
Distribution of £ per sqm house prices in Sutton Veny

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.

That said, the spread of prices will give you a feel of the typical range to expect in Sutton Veny (BA12 7). Of the 61 transactions, half were sold for between £2,940 and £4,280 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,280m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BA12 7' is £3,570. The table below shows how 'BA12 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA12 8 Warminster £2,940m2 £3,380m2 £3,850m2
BA12 9 Warminster £2,410m2 £3,100m2 £3,760m2
BA12 6 Mere £3,060m2 £3,530m2 £4,060m2
BA12 7 Sutton Veny £2,940m2 £3,570m2 £4,280m2
BA12 0 Codford £3,270m2 £3,720m2 £4,440m2

## Will Sutton Veny 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 scatter plot below for BA12 7 (Sutton Veny). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BA12 7 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Sutton Veny (BA12 7) over time
House price trends for Sutton Veny

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Sutton Veny 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Sutton Veny data or any other data I am given.

## Price map for Sutton Veny

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Sutton Veny. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Sutton Veny

## Street level data

Street Avg size Avg £/m2 Recent sales
Camellia Drive, Sutton Veny, BA12 7R 56m2 £2,966 12
High Street, Sutton Veny, BA12 7A 140m2 £3,306 11
Church Street, Sutton Veny, BA12 7H 118m2 £3,734 7
Bests Lane, Sutton Veny, BA12 7A 187m2 £4,302 6
Lane End, Sutton Veny, BA12 7P 117m2 £3,370 6
Birchwood Close, Sutton Veny, BA12 7P 153m2 £3,141 5
Sand Street, Sutton Veny, BA12 7D 118m2 £2,975 5

## Raw data

Our analysis of Sutton Veny 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.