Feb 07, 2023 by HM

House prices in Emersons Green (BS16 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Emersons Green (BS16 7).

---

Price per square metre

Knowing the average house price in Emersons Green 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. 30, Hallen Close, Emersons Green, sold for £382,500 on Sep-2023. Given the internal area of 103 square metres, the price per sqm is £3,713.

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 352 sales in Emersons Green (BS16 7) 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 Emersons Green (BS16 7). Of the 352 transactions, half were sold for between £3,680 and £4,650 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,650m². 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 7' is £4,200. The table below shows how 'BS16 7' 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 Emersons Green 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 7 (Emersons Green). 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 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Emersons Green

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 Emersons Green. 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 Emersons Green

Street level data

Street	Avg size	Avg £/m2	Recent sales
Willowherb Road, Emersons Green, BS16 7G	107m2	£3,130	35
Colliers Break, Emersons Green, BS16 7E	99m2	£4,202	27
Johnson Road, Emersons Green, BS16 7J	110m2	£3,674	26
Wadham Grove, Emersons Green, BS16 7D	93m2	£4,393	25
Buttercup Crescent, Emersons Green, BS16 7L	61m2	£3,561	24
Goosefoot Road, Emersons Green, BS16 7L	62m2	£3,879	23
Bye Mead, Emersons Green, BS16 7D	83m2	£4,291	21
Emerson Way, Emersons Green, BS16 7A	77m2	£3,547	20

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Sundew Road, Emersons Green, BS16 7N	88m2	£3,822	16
Bramble Close, Emersons Green, BS16 7N	112m2	£3,640	11
Silverweed Road, Emersons Green, BS16 7N	73m2	£4,835	9

Sundew Road, Emersons Green, BS16 7N has seen 16 new build sales in the last 4 years (average price £341,741). These new build homes typically have an internal area of 88 m2, with an average price of £3,822 m2. This £sqm average is £-378 below the average for BS16 7. New builds typically command a £ per sqm premium. In the case of Sundew Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Emersons Green 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
30, Hallen Close, Emersons Green	£382,500 Sep-2023	103	3,713
19, Quarry Way, Emersons Green	£425,000 Sep-2023	77	5,519
37, Rowan Drive, Emersons Green	£290,000 Sep-2023	63	4,603

See the entire list of all sales in Emersons Green (BS16 7) here.