Feb 07, 2023 by HM

House prices in Kingswood (BS15 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Kingswood (BS15 4).

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Price per square metre

Knowing the average house price in Kingswood 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. 53, Fairlyn Drive, Kingswood, Bristol, sold for £300,000 on Sep-2023. Given the internal area of 65 square metres, the price per sqm is £4,615.

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. £3,800-£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 238 sales in Kingswood (BS15 4) 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 Kingswood (BS15 4). Of the 238 transactions, half were sold for between £3,140 and £3,930 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,930m². 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 'BS15 4' is £3,520. The table below shows how 'BS15 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS15 4 Kingswood	£3,140m2	£3,520m2	£3,930m2
BS15 9 Kingswood	£3,290m2	£3,680m2	£4,040m2
BS15 1 Kingswood	£3,190m2	£3,470m2	£3,870m2
BS15 3 Hanham	£3,460m2	£3,770m2	£4,380m2
BS15 8 Kingswood	£3,090m2	£3,540m2	£3,880m2

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 scatter plot below for BS15 4 (Kingswood). 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 BS15 4 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. 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 Kingswood data or any other data I am given.

Price map for Kingswood

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 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. I will explain more about the methodology and create a key next week.

House price heatmap for Kingswood

Street level data

Street	Avg size	Avg £/m2	Recent sales
Yew Tree Drive, Kingswood, BS15 4U	89m2	£3,324	29
Station Road, Kingswood, BS15 4X	93m2	£3,179	25
Willis Road, Kingswood, BS15 4S	73m2	£3,556	24
Fairlyn Drive, Kingswood, BS15 4P	67m2	£3,775	22
New Cheltenham Road, Kingswood, BS15 4R	91m2	£3,000	18
Crispin Way, Kingswood, BS15 4S	72m2	£3,368	17
Chiphouse Road, Kingswood, BS15 4T	82m2	£3,143	16
Pound Road, Kingswood, BS15 4Q	68m2	£3,242	16

Search for your street here.

Raw data

Our analysis of Kingswood 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
53, Fairlyn Drive, Kingswood, Bristol	£300,000 Sep-2023	65	4,615
29, Chipperfield Drive, Kingswood, Bristol	£328,000 Aug-2023	100	3,280
59, Pound Rd, Kingswood, Bristol	£175,000 Aug-2023	55	3,181

See the entire list of all sales in Kingswood (BS15 4) here.