House prices in BS27 3 (Cheddar)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BS27 3' (Cheddar) - statistics were last calculated on 30 August 2024.

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Defining 'BS27 3'

This analysis is limited to properties whose postcode starts with "BS27 3", 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 Cheddar.

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

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Change sector

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

Price per square metre

Knowing the average house price in Cheddar 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. 12, Ostrey Mead, Cheddar, sold for £235,000 on Jul-2024. Given the internal area of 69 square metres, the price per sqm is £3,405.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 141 sales in Cheddar (BS27 3) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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 Cheddar (BS27 3). Of the 141 transactions, half were sold for between £3,010 and £4,180 per square metre. The median, or 'middle', price per square metre in 'BS27 3' is £3,570. Notably, only 25% of properties that sold recently were valued at more than £4,180 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 Cheddar

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 Cheddar. 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.

House price heatmap for Cheddar

Comparison with neighbouring postcode sectors

The table below shows how 'BS27 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS27 3 Cheddar	£3,010 sqm	£3,570 sqm	£4,180 sqm

Will Cheddar 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 BS27 3 (Cheddar) compared with both the wider area BS27 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Cheddar 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 Cheddar 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
Station Road, Cheddar, BS27 3D	54 sqm	£2,040	17
Upper New Road, Cheddar, BS27 3D	132 sqm	£3,369	12
Tweentown, Cheddar, BS27 3H	104 sqm	£3,035	10
Old Station Close, Cheddar, BS27 3D	53 sqm	£3,650	10
Felsberg Way, Cheddar, BS27 3P	54 sqm	£3,903	8
Littlewood Way, Cheddar, BS27 3F	107 sqm	£3,462	7
Ostrey Mead, Cheddar, BS27 3D	72 sqm	£2,839	7
Lower North Street, Cheddar, BS27 3H	91 sqm	£3,404	7

Search for your street here.

Raw data

Our analysis of Cheddar 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
12, Ostrey Mead, Cheddar	£235,000 Jul-2024	69	3,405
Huy House, Union St, Cheddar	£240,000 Jul-2024	111	2,162
Woodlands, Wells Rd, Cheddar	£545,000 Jun-2024	197	2,766

See the entire list of all sales in Cheddar (BS27 3) here.