House prices in BS24 8 (Locking)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BS24 8' (Locking, Weston-Super-Mare) - statistics were last calculated on 30 June 2024.


Defining 'BS24 8'

This analysis is limited to properties whose postcode starts with "BS24 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Locking.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Locking 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. 7, Lime Close, Locking, Weston-Super-Mare, sold for £325,000 on May-2024. Given the internal area of 112 square metres, the price per sqm is £2,901.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 133 sales in Locking (BS24 8) that took place in the last two years.

Distribution of £ per sqm for Locking, Weston-Super-Mare
Distribution of £ per sqm house prices in Locking

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.

The spread of prices will give you a feel of the typical range to expect in Locking (BS24 8). Of the 133 transactions, half were sold for between £2,850 and £3,690 per square metre. The median, or 'middle', price per square metre in 'BS24 8' is £3,290. Notably, only 25% of properties that sold recently were valued at more than £3,690 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Locking, Weston-Super-Mare

Do have a look at the interactive price map I created. 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.

Property price heatmap for Locking
House price heatmap for Locking, Weston-Super-Mare

Comparison with neighbouring postcode sectors

The table below shows how 'BS24 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS24 0 Bleadon £2,780 sqm £3,450 sqm £4,260 sqm
BS24 7 Weston-Super-Mare £2,890 sqm £3,210 sqm £3,590 sqm
BS24 6 Hewish £2,390 sqm £3,200 sqm £3,840 sqm
BS24 8 Locking £2,850 sqm £3,290 sqm £3,690 sqm
BS24 9 Weston-Super-Mare £2,840 sqm £3,360 sqm £3,860 sqm

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 chart below for BS24 8 (Locking) compared with both the wider area BS24 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Locking,Weston-Super-Mare
House price trends for Locking

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BS24 8 sales
Recent trends for Locking

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Weston-Super-Mare to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. 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.

Street level data

Street Avg size Avg £sqm Recent sales
Rapide Way, Locking, BS24 8E 90 sqm £3,028 24
Glider Avenue, Locking, BS24 8E 88 sqm £3,418 20
Whitney Crescent, Locking, BS24 8E 77 sqm £2,981 20
Cedern Avenue, Locking, BS24 8P 112 sqm £3,240 16
Dragonfly Walk, Locking, BS24 8D 76 sqm £2,738 16
Airoh End, Locking, BS24 8F 67 sqm £2,546 14
Wayfarer Close, Locking, BS24 8B 111 sqm £2,832 13
Mosquito End, Locking, BS24 8F 65 sqm £4,020 13

Search for your street here.

Raw data

Our analysis of Locking 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 sqm £/sqm
7, Lime Close, Locking, Weston-Super-Mare £325,000
May-2024
112 2,901
14, Bofors Tower, Locking, Weston-Super-Mare £280,000
Apr-2024
84 3,333
20, Mosquito End, Locking, Weston-Super-Mare £215,000
Apr-2024
50 4,300

See the entire list of all sales in Locking (BS24 8) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.