Feb 07, 2023 by HM

House prices in Bedminster (BS3 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Bedminster (BS3 5).


Defining 'BS3 5'

This analysis is limited to properties whose postcode starts with "BS3 5", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Bedminster 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 12 28, Oakhill Drive, Bedminster, Bristol, sold for £253,000 on Dec-2023. Given the internal area of 63 square metres, the price per sqm is £4,015.

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 215 sales in Bedminster (BS3 5) that took place in the last two years.

Distribution of £ per sqm for Bedminster (BS3 5)
Distribution of £ per sqm house prices in Bedminster

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 Bedminster (BS3 5). Of the 215 transactions, half were sold for between £3,900 and £4,970 per square metre. The median, or 'middle', price per square metre in 'BS3 5' is £4,340. Notably, only 25% of properties that sold recently were valued at more than £4,970m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bedminster

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 Bedminster. 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 Bedminster
House price heatmap for Bedminster

Comparison with neighbouring postcode sectors

The table below shows how 'BS3 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS3 4 Bedminster £4,070m2 £4,520m2 £5,000m2
BS3 5 Bedminster £3,900m2 £4,340m2 £4,970m2
BS3 1 Southville £4,390m2 £4,880m2 £5,330m2
BS3 2 Ashton £4,050m2 £4,620m2 £5,160m2
BS3 3 Bedminster £4,080m2 £4,600m2 £5,150m2

Will Bedminster 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 BS3 5 (Bedminster). 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 BS3 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bedminster (BS3 5) over time
House price trends for Bedminster

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
St Johns Lane, Bedminster, BS3 5A 89m2 £3,788 34
Bristol South End, Bedminster, BS3 5B 62m2 £4,172 29
Malago Drive, Bedminster, BS3 5D 95m2 £4,497 26
Hall Street, Bedminster, BS3 5P 88m2 £4,018 26
Parson Street, Bedminster, BS3 5Q 67m2 £3,750 17
Highbury Road, Bedminster, BS3 5N 80m2 £4,022 17
Marksbury Road, Bedminster, BS3 5L 82m2 £3,846 17
Wingfield Road, Bedminster, BS3 5E 99m2 £3,991 16

Search for your street here.

Raw data

Our analysis of Bedminster 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 12 28, Oakhill Drive, Bedminster, Bristol £253,000
Dec-2023
63 4,015
187, Sylvia Avenue, Bedminster, Bristol £570,000
Dec-2023
143 3,986
26, Ravenhill Rd, Bedminster, Bristol £475,000
Nov-2023
84 5,654

See the entire list of all sales in Bedminster (BS3 5) 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.