Feb 07, 2023 by HM

House prices in Mangotsfield (BS16 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Mangotsfield (BS16 9).

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Price per square metre

Knowing the average house price in Mangotsfield 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. Hill House, Abson Road, Mangotsfield, Emersons Green, sold for £590,000 on Sep-2023. Given the internal area of 169 square metres, the price per sqm is £3,491.

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. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 200 sales in Mangotsfield (BS16 9) 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 Mangotsfield (BS16 9). Of the 200 transactions, half were sold for between £3,260 and £4,070 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,070m². 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 9' is £3,560. The table below shows how 'BS16 9' 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 Mangotsfield 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 9 (Mangotsfield). 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 9 and the blue dots are the individual property sales that inform this trend.

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

Price map for Mangotsfield

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 Mangotsfield. 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 Mangotsfield

Street level data

Street	Avg size	Avg £/m2	Recent sales
Whistle Road, Mangotsfield, BS16 9Q	57m2	£3,163	32
Arnold Road, Mangotsfield, BS16 9L	59m2	£3,199	27
Long Road, Mangotsfield, BS16 9H	92m2	£3,403	17
Blackhorse Road, Mangotsfield, BS16 9B	87m2	£3,710	14
Junction Way, Mangotsfield, BS16 9L	94m2	£2,691	13
Parkfield Rank, Mangotsfield, BS16 9N	81m2	£3,737	13
Charnhill Drive, Mangotsfield, BS16 9J	126m2	£3,653	10
Brook Road, Mangotsfield, BS16 9D	84m2	£3,360	10

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Richmond Grove, Mangotsfield, BS16 9A	120m2	£2,856	9

Richmond Grove, Mangotsfield, BS16 9A has seen 9 new build sales in the last 4 years (average price £343,777). These new build homes typically have an internal area of 120 m2, with an average price of £2,856 m2. This £sqm average is £-704 below the average for BS16 9. New builds typically command a £ per sqm premium. In the case of Richmond Grove 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 Mangotsfield 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
Hill House, Abson Rd, Mangotsfield, Emersons Green	£590,000 Sep-2023	169	3,491
11a, Parkfield Rd, Mangotsfield, Emersons Green	£635,000 Aug-2023	167	3,802
66, Charnhill Drive, Mangotsfield, Emersons Green	£545,000 Aug-2023	132	4,128

See the entire list of all sales in Mangotsfield (BS16 9) here.