Feb 07, 2023 by HM

House prices in Combe Down (BA2 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Combe Down (BA2 5).


Price per square metre

Knowing the average house price in Combe Down 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. 1, South Parade Cottages, Combe Down, Bath, sold for £325,000 on Oct-2023. Given the internal area of 53 square metres, the price per sqm is £6,132.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 130 sales in Combe Down (BA2 5) that took place in the last two years.

Distribution of £ per sqm for Combe Down (BA2 5)
Distribution of £ per sqm house prices in Combe Down

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 Combe Down (BA2 5). Of the 130 transactions, half were sold for between £4,230 and £5,930 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,930m2. 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 'BA2 5' is £4,980. The table below shows how 'BA2 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA2 1 Twerton £3,590m2 £4,060m2 £4,580m2
BA2 5 Combe Down £4,230m2 £4,980m2 £5,930m2
BA2 9 Corston £4,040m2 £4,960m2 £5,720m2
BA2 7 Limpley Stoke £4,270m2 £5,210m2 £6,300m2
BA2 2 Odd Down £3,730m2 £4,150m2 £4,680m2
BA2 0 Timsbury £3,270m2 £3,800m2 £4,400m2
BA2 3 Oldfield Park £4,140m2 £4,740m2 £5,260m2
BA2 6 Bathampton £4,820m2 £5,850m2 £7,070m2
BA2 8 Peasedown St John £3,170m2 £3,660m2 £4,230m2
BA2 4 Bathwick £4,700m2 £5,450m2 £6,670m2

Will Combe Down 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 BA2 5 (Combe Down). 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 BA2 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Combe Down (BA2 5) over time
House price trends for Combe Down

Hover on any blue dot to see details of specific sales

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

Price map for Combe Down

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 Combe Down. 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 Combe Down
House price heatmap for Combe Down

Street level data

Street Avg size Avg £/m2 Recent sales
Hawthorn Grove, Combe Down, BA2 5Q 94m2 £3,911 17
Hansford Square, Combe Down, BA2 5L 118m2 £5,203 16
North Road, Combe Down, BA2 5D 117m2 £5,356 16
Entry Hill, Combe Down, BA2 5L 100m2 £5,192 15
Midford Road, Combe Down, BA2 5R 101m2 £4,396 14
Bradford Road, Combe Down, BA2 5B 135m2 £4,215 13
Stonehouse Lane, Combe Down, BA2 5D 109m2 £4,863 12
Priory Close, Combe Down, BA2 5A 133m2 £5,789 11

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Whitaker Road, Combe Down, BA2 5D 108m2 £4,012 22

Whitaker Road, Combe Down, BA2 5D has seen 22 new build sales in the last 4 years (average price £461,332). These new build homes typically have an internal area of 108 m2, with an average price of £4,012 m2. This £sqm average is £-968 below the average for BA2 5. New builds typically command a £ per sqm premium. In the case of Whitaker Road 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 Combe Down 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
1, South Parade Cottages, Combe Down, Bath £325,000
Oct-2023
53 6,132
2, Sydenham Pl, Combe Down, Bath £689,950
Sep-2023
107 6,448
Flat 1 Perrymead Court, Perrymead, Combe Down, Bath £360,000
Sep-2023
140 2,571

See the entire list of all sales in Combe Down (BA2 5) 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.