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).

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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. 63, North Street, Staple Hill, Emersons Green, sold for £345,000 on Aug-2023. Given the internal area of 93 square metres, the price per sqm is £3,709.

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 274 sales in Staple Hill (BS16 5) 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 Staple Hill (BS16 5). Of the 274 transactions, half were sold for between £3,130 and £4,150 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,150m². 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 'BS16 5' is £3,680. The table below shows how 'BS16 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS16 2 Fishponds	£3,280m2	£3,880m2	£4,390m2
BS16 5 Staple Hill	£3,130m2	£3,680m2	£4,150m2
BS16 7 Emersons Green	£3,680m2	£4,200m2	£4,650m2
BS16 3 Fishponds	£3,020m2	£3,540m2	£4,050m2
BS16 6 Downend	£3,600m2	£4,030m2	£4,570m2
BS16 4 Staple Hill	£3,180m2	£3,560m2	£4,000m2
BS16 1 Stapleton	£3,580m2	£4,070m2	£4,680m2
BS16 9 Mangotsfield	£3,260m2	£3,560m2	£4,070m2

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.

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.

Price map for Staple Hill

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

House price heatmap for Staple Hill

Street level data

Street	Avg size	Avg £/m2	Recent sales
Cassell Road, Staple Hill, BS16 5D	101m2	£3,386	22
High Street, Staple Hill, BS16 5H	90m2	£3,112	20
North Street, Staple Hill, BS16 5S	99m2	£3,452	19
Burley Grove, Staple Hill, BS16 5Q	87m2	£3,212	17
Staple Hill Road, Staple Hill, BS16 5A	84m2	£3,465	17
Albert Road, Staple Hill, BS16 5H	55m2	£2,893	17
Downend Road, Staple Hill, BS16 5B	110m2	£3,441	16
Salisbury Road, Staple Hill, BS16 5R	93m2	£3,528	16

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
63, North St, Staple Hill, Emersons Green	£345,000 Aug-2023	93	3,709
20, Buckingham Gardens, Staple Hill, Emersons Green	£400,000 Aug-2023	74	5,405
31, Chesterfield Rd, Staple Hill, Emersons Green	£390,000 Aug-2023	84	4,642

See the entire list of all sales in Staple Hill (BS16 5) here.