Feb 07, 2023 by HM

House prices in Sandford (BS25 5)

Price per square metre

Knowing the average house price in Sandford 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. The Laurels, Bristol Road, Sandford, sold for £615,000 on Aug-2023. Given the internal area of 166 square metres, the price per sqm is £3,704.

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. £3,900-£4,000, £4,000-£4,100, £4,100-£4,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 37 sales in Sandford (BS25 5) that took place in the last two years.

Distribution of £ per sqm for Sandford (BS25 5)
Distribution of £ per sqm house prices in Sandford

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 Sandford (BS25 5). Of the 37 transactions, half were sold for between £3,310 and £4,350 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,350m2. 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 'BS25 5' is £3,700. The table below shows how 'BS25 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS25 1 Winscombe £3,160m2 £3,730m2 £4,400m2
BS25 5 Sandford £3,310m2 £3,700m2 £4,350m2

Will Sandford 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 BS25 5 (Sandford). 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 BS25 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Sandford (BS25 5) over time
House price trends for Sandford

Hover on any blue dot to see details of specific sales

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

Price map for Sandford

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 Sandford. 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 Sandford

Street level data

Street Avg size Avg £/m2 Recent sales
Greenhill Road, Sandford, BS25 5P 152m2 £3,430 11
Somerville Road, Sandford, BS25 5R 78m2 £4,638 7
Front Street, Sandford, BS25 5N 192m2 £3,970 6
New Road, Sandford, BS25 5N 150m2 £3,606 6
Bristol Road, Sandford, BS25 5N 158m2 £3,306 6
Station Road, Sandford, BS25 5R 187m2 £2,994 6
West Croft Lane, Sandford, BS25 5A 142m2 £4,131 5

New build activity

Street Avg size Avg £/m2 New build sales
Dabinett Drive, Sandford, BS25 5A 109m2 £3,790 27
Hapil Close, Sandford, BS25 5A 67m2 £3,253 12

Dabinett Drive, Sandford, BS25 5A has seen 27 new build sales in the last 4 years (average price £385,589). These new build homes typically have an internal area of 109 m2, with an average price of £3,790 m2. This £sqm average is £90 above the average for BS25 5. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Sandford 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.