Feb 07, 2023 by HM

# House prices in Walton (BA16 9)

## Price per square metre

Knowing the average house price in Walton 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. 57, Grange Avenue, Walton, Street, sold for £309,950 on Sep-2023. Given the internal area of 82 square metres, the price per sqm is £3,779.

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 46 sales in Walton (BA16 9) that took place in the last two years.

##### Distribution of £ per sqm for Walton (BA16 9)
Distribution of £ per sqm house prices in Walton

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 Walton (BA16 9). Of the 46 transactions, half were sold for between £2,720 and £3,600 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,600m2. 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 'BA16 9' is £3,230. The table below shows how 'BA16 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA16 9 Walton £2,720m2 £3,230m2 £3,600m2
BA16 0 Street £2,670m2 £3,180m2 £3,790m2

## Will Walton 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 BA16 9 (Walton). 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 BA16 9 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Walton (BA16 9) over time
House price trends for Walton

Hover on any blue dot to see details of specific sales

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

## Price map for Walton

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 Walton. 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 Walton

## Street level data

Street Avg size Avg £/m2 Recent sales
Grange Avenue, Walton, BA16 9P 85m2 £2,674 15
The Whithys, Walton, BA16 9P 52m2 £2,485 11
Moorland Road, Walton, BA16 9S 60m2 £3,575 9
Woods Road, Walton, BA16 9P 85m2 £2,662 9
Main Street, Walton, BA16 9Q 116m2 £2,439 9
Fielding Road, Walton, BA16 9P 96m2 £2,997 9
Portland Road, Walton, BA16 9P 87m2 £2,541 6
Hempitts Road, Walton, BA16 9Q 103m2 £2,962 5

## New build activity

Street Avg size Avg £/m2 New build sales
Highfields Close, Walton, BA16 9A 99m2 £3,846 9

Highfields Close, Walton, BA16 9A has seen 9 new build sales in the last 4 years (average price £388,888). These new build homes typically have an internal area of 99 m2, with an average price of £3,846 m2. This £sqm average is £616 above the average for BA16 9. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Walton 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.