Feb 07, 2023 by HM

House prices in Weston-Super-Mare (BS23 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Weston-Super-Mare (BS23 2).


Price per square metre

Knowing the average house price in Weston-Super-Mare 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. Flat 3 Highbury Hall, 22, Highbury Road, Weston-Super-Mare, sold for £159,000 on Oct-2023. Given the internal area of 137 square metres, the price per sqm is £1,160.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 316 sales in Weston-Super-Mare (BS23 2) that took place in the last two years.

Distribution of £ per sqm for Weston-Super-Mare (BS23 2)
Distribution of £ per sqm house prices in Weston-Super-Mare

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 Weston-Super-Mare (BS23 2). Of the 316 transactions, half were sold for between £2,190 and £3,100 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,100m2. 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 'BS23 2' is £2,620. The table below shows how 'BS23 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS23 1 Weston-Super-Mare £2,000m2 £2,310m2 £2,700m2
BS23 4 Weston-Super-Mare £2,460m2 £2,840m2 £3,380m2
BS23 2 Weston-Super-Mare £2,190m2 £2,620m2 £3,100m2
BS23 3 Weston-Super-Mare £2,230m2 £2,500m2 £2,970m2

Will Weston-Super-Mare 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 BS23 2 (Weston-Super-Mare). 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 BS23 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Weston-Super-Mare (BS23 2) over time
House price trends for Weston-Super-Mare

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Weston-Super-Mare 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 Weston-Super-Mare data or any other data I am given.

Price map for Weston-Super-Mare

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 Weston-Super-Mare. 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 Weston-Super-Mare
House price heatmap for Weston-Super-Mare

Street level data

Street Avg size Avg £/m2 Recent sales
Shrubbery Road, Weston-Super-Mare, BS23 2J 73m2 £2,375 30
South Road, Weston-Super-Mare, BS23 2H 73m2 £2,494 25
Knightstone Road, Weston-Super-Mare, BS23 2B 57m2 £2,265 24
Highbury Road, Weston-Super-Mare, BS23 2D 77m2 £2,208 23
South Road, Weston-Super-Mare, BS23 2L 103m2 £2,173 21
Atlantic Road, Weston-Super-Mare, BS23 2D 76m2 £2,359 20
Shrubbery Avenue, Weston-Super-Mare, BS23 2J 75m2 £2,005 19
Grove Park Road, Weston-Super-Mare, BS23 2L 83m2 £2,161 19

Search for your street here.

Raw data

Our analysis of Weston-Super-Mare 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
Flat 3 Highbury Hall, 22, Highbury Rd, Weston-Super-Mare £159,000
Oct-2023
137 1,160
27, Coombe Rd, Weston-Super-Mare £320,000
Oct-2023
92 3,478
Flat 1 47, South Rd, Weston-Super-Mare £285,000
Sep-2023
128 2,226

See the entire list of all sales in Weston-Super-Mare (BS23 2) 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.