Feb 07, 2023 by HM

House prices in Shirehampton (BS11 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Shirehampton (BS11 0).


Price per square metre

Knowing the average house price in Shirehampton 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. 25, Park Road, Shirehampton, Bristol, sold for £490,000 on Oct-2023. Given the internal area of 112 square metres, the price per sqm is £4,375.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 161 sales in Shirehampton (BS11 0) that took place in the last two years.

Distribution of £ per sqm for Shirehampton (BS11 0)
Distribution of £ per sqm house prices in Shirehampton

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 Shirehampton (BS11 0). Of the 161 transactions, half were sold for between £2,950 and £3,870 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,870m2. 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 'BS11 0' is £3,380. The table below shows how 'BS11 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS11 0 Shirehampton £2,950m2 £3,380m2 £3,870m2
BS11 9 Shirehampton £3,060m2 £3,440m2 £3,970m2

Will Shirehampton 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 BS11 0 (Shirehampton). 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 BS11 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Shirehampton (BS11 0) over time
House price trends for Shirehampton

Hover on any blue dot to see details of specific sales

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

Price map for Shirehampton

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 Shirehampton. 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 Shirehampton
House price heatmap for Shirehampton

Street level data

Street Avg size Avg £/m2 Recent sales
Clifford Gardens, Shirehampton, BS11 0E 79m2 £3,376 17
Home Ground, Shirehampton, BS11 0H 73m2 £4,289 12
Kings Weston Avenue, Shirehampton, BS11 0A 84m2 £3,217 12
Long Cross, Shirehampton, BS11 0L 73m2 £2,741 11
Lower High Street, Shirehampton, BS11 0A 85m2 £3,397 10
Park Road, Shirehampton, BS11 0E 101m2 £4,026 10
Mancroft Avenue, Shirehampton, BS11 0H 82m2 £2,920 10
Long Cross, Shirehampton, BS11 0T 73m2 £2,246 10

Search for your street here.

Raw data

Our analysis of Shirehampton 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
25, Park Rd, Shirehampton, Bristol £490,000
Oct-2023
112 4,375
12, Penlea Court, Shirehampton, Bristol £375,000
Oct-2023
66 5,681
26, Clifford Gardens, Shirehampton, Bristol £275,000
Sep-2023
75 3,666

See the entire list of all sales in Shirehampton (BS11 0) 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.