Feb 07, 2023 by HM

House prices in Portishead (BS20 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Portishead (BS20 7).

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Price per square metre

Knowing the average house price in Portishead 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. 3a, Woodhill Road, Portishead, sold for £750,000 on Sep-2023. Given the internal area of 149 square metres, the price per sqm is £5,033.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 396 sales in Portishead (BS20 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 Portishead (BS20 7). Of the 396 transactions, half were sold for between £3,750 and £4,760 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,760m². 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 'BS20 7' is £4,130. The table below shows how 'BS20 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS20 8 Portishead	£3,960m2	£4,450m2	£5,010m2
BS20 6 Portishead	£3,610m2	£4,210m2	£4,700m2
BS20 0 Pill	£3,200m2	£3,660m2	£4,220m2
BS20 7 Portishead	£3,750m2	£4,130m2	£4,760m2

Will Portishead 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 BS20 7 (Portishead). 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 BS20 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Portishead

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 Portishead. 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 Portishead

Street level data

Street	Avg size	Avg £/m2	Recent sales
Newfoundland Way, Portishead, BS20 7Q	67m2	£4,102	43
Eastcliff, Portishead, BS20 7A	71m2	£4,274	40
Kittiwake Drive, Portishead, BS20 7P	70m2	£4,054	26
Harbour Road, Portishead, BS20 7J	60m2	£3,541	26
Wren Gardens, Portishead, BS20 7P	99m2	£3,723	26
Paper Mill Gardens, Portishead, BS20 7Q	87m2	£3,618	24
Burlington Road, Portishead, BS20 7B	96m2	£4,195	23
Lower Burlington Road, Portishead, BS20 7B	78m2	£3,888	22

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Serbert Close, Portishead, BS20 7S	44m2	£4,514	17

Serbert Close, Portishead, BS20 7S has seen 17 new build sales in the last 4 years (average price £211,611). These new build homes typically have an internal area of 44 m2, with an average price of £4,514 m2. This £sqm average is £384 above the average for BS20 7. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Portishead 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
3a, Woodhill Rd, Portishead	£750,000 Sep-2023	149	5,033
663, Newfoundland Way, Portishead	£210,000 Sep-2023	44	4,772
40, Pier Rd, Portishead	£780,000 Sep-2023	203	3,842

See the entire list of all sales in Portishead (BS20 7) here.