Feb 07, 2023 by HM

House prices in Trowbridge (BA14 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Trowbridge (BA14 0).

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Price per square metre

Knowing the average house price in Trowbridge 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. 11, Whiterow Park, Trowbridge, sold for £240,000 on Sep-2023. Given the internal area of 54 square metres, the price per sqm is £4,444.

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 287 sales in Trowbridge (BA14 0) that took place in the last two years.

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 Trowbridge (BA14 0). Of the 287 transactions, half were sold for between £2,710 and £3,680 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,680m². 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 'BA14 0' is £3,280. The table below shows how 'BA14 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BA14 8 Trowbridge	£2,410m2	£2,950m2	£3,430m2
BA14 7 Hilperton	£2,880m2	£3,290m2	£3,670m2
BA14 6 Holt	£2,880m2	£3,470m2	£3,980m2
BA14 0 Trowbridge	£2,710m2	£3,280m2	£3,680m2
BA14 9 Trowbridge	£2,920m2	£3,440m2	£3,870m2

Will Trowbridge 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 BA14 0 (Trowbridge). 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 BA14 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Trowbridge

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 Trowbridge. 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 Trowbridge

Street level data

Street	Avg size	Avg £/m2	Recent sales
Frome Road, Trowbridge, BA14 0D	89m2	£2,693	29
Whiterow Park, Trowbridge, BA14 0E	74m2	£3,318	26
Newtown, Trowbridge, BA14 0B	90m2	£2,116	24
Gloucester Road, Trowbridge, BA14 0A	85m2	£2,433	19
Bradley Road, Trowbridge, BA14 0Q	98m2	£2,335	18
Dursley Road, Trowbridge, BA14 0N	76m2	£2,644	18
Boundary Walk, Trowbridge, BA14 0L	75m2	£3,025	17
Church Lane, Trowbridge, BA14 0T	107m2	£2,959	17

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Dilton Close, Trowbridge, BA14 0F	108m2	£2,969	9

Dilton Close, Trowbridge, BA14 0F has seen 9 new build sales in the last 4 years (average price £320,588). These new build homes typically have an internal area of 108 m2, with an average price of £2,969 m2. This £sqm average is £-311 below the average for BA14 0. New builds typically command a £ per sqm premium. In the case of Dilton Close 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 Trowbridge 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
11, Whiterow Park, Trowbridge	£240,000 Sep-2023	54	4,444
3 Florence Court, Rutland Crescent, Trowbridge	£130,000 Sep-2023	81	1,604
3, Willow View, Trowbridge	£330,000 Sep-2023	111	2,972

See the entire list of all sales in Trowbridge (BA14 0) here.