Feb 07, 2023 by HM

House prices in Peasedown St John (BA2 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Peasedown St John (BA2 8).

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Price per square metre

Knowing the average house price in Peasedown St John 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. 49, Wellow Lane, Peasedown St John, Bath, sold for £425,000 on Sep-2023. Given the internal area of 120 square metres, the price per sqm is £3,541.

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 160 sales in Peasedown St John (BA2 8) 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 Peasedown St John (BA2 8). Of the 160 transactions, half were sold for between £3,170 and £4,230 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,230m². 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 8' is £3,660. The table below shows how 'BA2 8' 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 Peasedown St John 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 8 (Peasedown St John). 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 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Peasedown St John

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 Peasedown St John. 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 Peasedown St John

Street level data

Street	Avg size	Avg £/m2	Recent sales
Hillside View, Peasedown St John, BA2 8E	88m2	£2,849	25
Faulkland View, Peasedown St John, BA2 8T	84m2	£3,539	16
Westbury View, Peasedown St John, BA2 8T	61m2	£3,928	14
Ashgrove, Peasedown St John, BA2 8E	92m2	£3,079	13
Braysdown Lane, Peasedown St John, BA2 8H	103m2	£2,621	12
Laxton Way, Peasedown St John, BA2 8T	79m2	£3,762	11
Russet Way, Peasedown St John, BA2 8S	80m2	£3,660	10
Underleaf Way, Peasedown St John, BA2 8S	111m2	£3,509	9

Search for your street here.

Raw data

Our analysis of Peasedown St John 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
49, Wellow Lane, Peasedown St John, Bath	£425,000 Sep-2023	120	3,541
Dovedale, , Peasedown St John, Bath	£482,500 Sep-2023	99	4,873
4, , Peasedown St John, Bath	£650,000 Sep-2023	147	4,421

See the entire list of all sales in Peasedown St John (BA2 8) here.