Feb 07, 2023 by HM

House prices in Downend (BS16 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Downend (BS16 6).


Price per square metre

Knowing the average house price in Downend 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, Oakdale Close, Downend, Emersons Green, sold for £507,750 on Sep-2023. Given the internal area of 102 square metres, the price per sqm is £4,977.

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. £4,350-£4,500, £4,500-£4,650, £4,650-£4,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 218 sales in Downend (BS16 6) that took place in the last two years.

Distribution of £ per sqm for Downend (BS16 6)
Distribution of £ per sqm house prices in Downend

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 Downend (BS16 6). Of the 218 transactions, half were sold for between £3,600 and £4,570 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,570m2. 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 6' is £4,030. The table below shows how 'BS16 6' 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 Downend 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 6 (Downend). 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 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Downend (BS16 6) over time
House price trends for Downend

Hover on any blue dot to see details of specific sales

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

Price map for Downend

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 Downend. 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 Downend
House price heatmap for Downend

Street level data

Street Avg size Avg £/m2 Recent sales
Badminton Road, Downend, BS16 6N 126m2 £3,688 23
Boscombe Crescent, Downend, BS16 6Q 82m2 £3,471 18
Sutherland Avenue, Downend, BS16 6Q 98m2 £3,582 17
Westerleigh Road, Downend, BS16 6U 82m2 £3,616 14
Bromley Heath Road, Downend, BS16 6J 109m2 £4,098 14
Wedgewood Road, Downend, BS16 6L 109m2 £3,998 14
Westbourne Road, Downend, BS16 6R 90m2 £3,426 14
Fouracre Road, Downend, BS16 6P 109m2 £3,412 13

Search for your street here.

Raw data

Our analysis of Downend 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, Oakdale Close, Downend, Emersons Green £507,750
Sep-2023
102 4,977
98, Boscombe Crescent, Downend, Emersons Green £303,000
Aug-2023
83 3,650
15, Greenleaze Close, Downend, Emersons Green £420,000
Aug-2023
109 3,853

See the entire list of all sales in Downend (BS16 6) 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.