House prices in BS15 3 (Hanham)

This article reveals price per square metre data and various charts to help you understand current housing market in Hanham, Kingswood (BS15 3).


Defining 'BS15 3'

This analysis is limited to properties whose postcode starts with "BS15 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 Hanham.

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 Hanham 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. 28, Wesley Avenue, Hanham, Kingswood, sold for £315,000 on Mar-2024. Given the internal area of 87 square metres, the price per sqm is £3,620.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 155 sales in Hanham (BS15 3) that took place in the last two years.

Distribution of £ per sqm for Hanham, Kingswood
Distribution of £ per sqm house prices in Hanham

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 Hanham (BS15 3). Of the 155 transactions, half were sold for between £3,500 and £4,390 per square metre. The median, or 'middle', price per square metre in 'BS15 3' is £3,800. Notably, only 25% of properties that sold recently were valued at more than £4,390 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 Hanham, Kingswood

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 Kingswood. 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 Hanham
House price heatmap for Hanham, Kingswood

Comparison with neighbouring postcode sectors

The table below shows how 'BS15 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS15 3 Hanham £3,500 sqm £3,800 sqm £4,390 sqm
BS15 4 Kingswood £3,240 sqm £3,590 sqm £4,070 sqm
BS15 9 Bristol £3,390 sqm £3,780 sqm £4,110 sqm
BS15 1 Kingswood £3,200 sqm £3,540 sqm £3,920 sqm
BS15 8 Kingswood £3,120 sqm £3,560 sqm £3,970 sqm

Will Kingswood 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 BS15 3 (Hanham) compared with both the wider area BS15 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 Hanham,Kingswood
House price trends for Hanham

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 BS15 3 sales
Recent trends for Hanham

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 Kingswood 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 Kingswood 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
High Street, Hanham, BS15 3F 68 sqm £4,044 23
Samuel White Road, Hanham, BS15 3L 104 sqm £3,252 17
Gays Road, Hanham, BS15 3J 97 sqm £3,671 15
Malpass Drive, Hanham, BS15 3F 80 sqm £3,658 15
Church Road, Hanham, BS15 3A 81 sqm £3,566 15
Whittucks Road, Hanham, BS15 3P 126 sqm £3,564 15
Woodyleaze Drive, Hanham, BS15 3B 95 sqm £3,266 14
High Street, Hanham, BS15 3H 117 sqm £3,323 11

Search for your street here.

Raw data

Our analysis of Hanham 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
28, Wesley Avenue, Hanham, Kingswood £315,000
Mar-2024
87 3,620
18, Highfield Avenue, Hanham, Kingswood £530,000
Feb-2024
143 3,706
4, John Chiddy Close, Hanham, Kingswood £140,000
Feb-2024
85 1,647

See the entire list of all sales in Hanham (BS15 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.