House prices in BA2 3 (Bath)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BA2 3' (Bath) - statistics were last calculated on 30 June 2024.


Defining 'BA2 3'

This analysis is limited to properties whose postcode starts with "BA2 3", 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. 38 Alexandra House, Midland Road, Bath, sold for £650,000 on May-2024. Given the internal area of 98 square metres, the price per sqm is £6,632.

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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 202 sales in Bath (BA2 3) 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 (BA2 3). Of the 202 transactions, half were sold for between £4,170 and £5,220 per square metre. The median, or 'middle', price per square metre in 'BA2 3' is £4,680. Notably, only 25% of properties that sold recently were valued at more than £5,220 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 'BA2 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA2 5 Combe Down £3,980 sqm £4,940 sqm £6,030 sqm
BA2 9 Corston £3,940 sqm £4,180 sqm £5,450 sqm
BA2 3 Bath £4,170 sqm £4,680 sqm £5,220 sqm
BA2 4 Bath £4,740 sqm £5,680 sqm £6,650 sqm
BA2 6 Bath £4,890 sqm £5,840 sqm £7,110 sqm
BA2 0 Timsbury £3,350 sqm £3,830 sqm £4,410 sqm
BA2 1 Bath £3,540 sqm £3,980 sqm £4,580 sqm
BA2 2 Bath £3,770 sqm £4,170 sqm £4,920 sqm
BA2 8 Peasedown St John £3,320 sqm £3,860 sqm £4,410 sqm
BA2 7 Limpley Stoke £4,610 sqm £5,320 sqm £6,380 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 BA2 3 (Bath) compared with both the wider area BA2 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

Download time series data as CSV (paying users only).

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 BA2 3 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
West Avenue, Bath, BA2 3Q 100 sqm £4,347 19
Longmead Terrace, Bath, BA2 3W 81 sqm £5,516 18
Victoria Bridge Road, Bath, BA2 3F 59 sqm £5,153 17
Lower Oldfield Park, Bath, BA2 3H 119 sqm £4,372 15
Faulkland Road, Bath, BA2 3L 92 sqm £4,377 13
Wells Road, Bath, BA2 3A 118 sqm £5,030 11
Lorne Road, Bath, BA2 3B 97 sqm £4,321 11
Ringwood Road, Bath, BA2 3J 98 sqm £4,244 11

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Midland Road, Bath, BA2 3G 78 sqm £5,764 16

Midland Road, Bath, BA2 3G has seen 16 new build sales in the last 4 years (average price £450,629). These new build homes typically have an internal area of 78 sqm, with an average price of £5,764 sqm. This £sqm average is £0 above the average for BA2 3. 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
38 Alexandra House, Midland Rd, Bath £650,000
May-2024
98 6,632
3, Lyndhurst Rd, Bath £470,000
Apr-2024
90 5,222
5, Cedar Way, Bath £550,000
Apr-2024
104 5,288

See the entire list of all sales in Bath (BA2 3) 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.