Feb 07, 2023 by HM

House prices in Staple Hill (BS16 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Staple Hill (BS16 5).


Defining 'BS16 5'

This analysis is limited to properties whose postcode starts with "BS16 5", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Staple Hill 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. 15 Pleasant House, Pleasant Road, Staple Hill, Emersons Green, sold for £170,000 on Feb-2024. Given the internal area of 64 square metres, the price per sqm is £2,656.

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 273 sales in Staple Hill (BS16 5) that took place in the last two years.

Distribution of £ per sqm for Staple Hill (BS16 5)
Distribution of £ per sqm house prices in Staple Hill

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 Staple Hill (BS16 5). Of the 273 transactions, half were sold for between £3,220 and £4,260 per square metre. The median, or 'middle', price per square metre in 'BS16 5' is £3,810. Notably, only 25% of properties that sold recently were valued at more than £4,260m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Staple Hill

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 Staple Hill. 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 Staple Hill
House price heatmap for Staple Hill

Comparison with neighbouring postcode sectors

The table below shows how 'BS16 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS16 2 Fishponds £3,290m2 £3,890m2 £4,480m2
BS16 5 Staple Hill £3,220m2 £3,810m2 £4,260m2
BS16 6 Downend £3,630m2 £4,050m2 £4,600m2
BS16 3 Fishponds £3,180m2 £3,690m2 £4,140m2
BS16 7 Emersons Green £3,730m2 £4,280m2 £4,740m2
BS16 1 Stapleton £3,580m2 £4,130m2 £4,750m2
BS16 9 Mangotsfield £3,270m2 £3,580m2 £4,080m2
BS16 4 Staple Hill £3,270m2 £3,660m2 £4,040m2

Will Staple Hill 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 BS16 5 (Staple Hill). 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 BS16 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Staple Hill (BS16 5) over time
House price trends for Staple Hill

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Cassell Road, Staple Hill, BS16 5D 102m2 £3,396 23
North Street, Staple Hill, BS16 5S 99m2 £3,602 20
High Street, Staple Hill, BS16 5H 90m2 £3,360 18
Albert Road, Staple Hill, BS16 5H 55m2 £2,844 18
Burley Grove, Staple Hill, BS16 5Q 87m2 £3,342 17
Downend Road, Staple Hill, BS16 5B 110m2 £3,560 16
Salisbury Road, Staple Hill, BS16 5R 93m2 £3,668 16
Overnhill Road, Staple Hill, BS16 5D 119m2 £2,941 15

Search for your street here.

Raw data

Our analysis of Staple Hill 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
15 Pleasant House, Pleasant Rd, Staple Hill, Emersons Green £170,000
Feb-2024
64 2,656
1, Tylers Lane, Staple Hill, Emersons Green £300,000
Feb-2024
70 4,285
105, Lawn Rd, Staple Hill, Emersons Green £348,000
Jan-2024
74 4,702

See the entire list of all sales in Staple Hill (BS16 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.