Feb 07, 2023 by HM

House prices in Westbury (BA13 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Westbury (BA13 3).


Price per square metre

Knowing the average house price in Westbury 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. 74, Devon Drive, Westbury, sold for £215,000 on Oct-2023. Given the internal area of 55 square metres, the price per sqm is £3,909.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 373 sales in Westbury (BA13 3) that took place in the last two years.

Distribution of £ per sqm for Westbury (BA13 3)
Distribution of £ per sqm house prices in Westbury

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 Westbury (BA13 3). Of the 373 transactions, half were sold for between £2,690 and £3,820 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,820m2. 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 'BA13 3' is £3,260. The table below shows how 'BA13 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA13 4 Dilton Marsh £2,960m2 £3,280m2 £3,720m2
BA13 2 Westbury £2,930m2 £3,230m2 £3,690m2
BA13 3 Westbury £2,690m2 £3,260m2 £3,820m2

Will Westbury 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 BA13 3 (Westbury). 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 BA13 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Westbury (BA13 3) over time
House price trends for Westbury

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Westbury 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 Westbury data or any other data I am given.

Price map for Westbury

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 Westbury. 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.

Property price heatmap for Westbury
House price heatmap for Westbury

Street level data

Street Avg size Avg £/m2 Recent sales
Westbury Leigh, Westbury, BA13 3S 99m2 £2,984 23
Sandalwood Road, Westbury, BA13 3U 96m2 £2,784 22
Warminster Road, Westbury, BA13 3P 83m2 £2,653 21
West End, Westbury, BA13 3J 63m2 £2,017 19
The Butts, Westbury, BA13 3E 96m2 £3,235 18
Station Road, Westbury, BA13 3J 87m2 £2,773 18
Gilhespy Way, Westbury, BA13 3F 111m2 £3,052 17
Bitham Mill, Westbury, BA13 3D 95m2 £2,905 17

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Mays Drive, Westbury, BA13 3Z 105m2 £2,988 29
Cheviot Road, Westbury, BA13 3Z 129m2 £2,758 21

Mays Drive, Westbury, BA13 3Z has seen 29 new build sales in the last 4 years (average price £295,913). These new build homes typically have an internal area of 105 m2, with an average price of £2,988 m2. This £sqm average is £-272 below the average for BA13 3. New builds typically command a £ per sqm premium. In the case of Mays Drive the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Westbury 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 m2 £/m2
74, Devon Drive, Westbury £215,000
Oct-2023
55 3,909
119, Eden Vale Rd, Westbury £257,500
Sep-2023
64 4,023
1, Brunel Close, Westbury £250,000
Sep-2023
51 4,901

See the entire list of all sales in Westbury (BA13 3) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.