# House prices in BS31 1 (Keynsham)

## Defining 'BS31 1'

This analysis is limited to properties whose postcode starts with "BS31 1", 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 Keynsham.

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 foot

Knowing the average house price in Keynsham is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 39, Unity Road, Keynsham, sold for £400,000 on Mar-2024. Given the internal area of 1,076 square feet, the price per sqft is £371.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £353-£371, £371-£390, £390-£408 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 206 sales in Keynsham (BS31 1) that took place in the last two years.

##### Distribution of £ per sqft for Keynsham
Distribution of £ per sqft house prices in Keynsham

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 Keynsham (BS31 1). Of the 206 transactions, half were sold for between £333 and £431 per square foot. The median, or 'middle', price per square foot in 'BS31 1' is £378. Notably, only 25% of properties that sold recently were valued at more than £431 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Keynsham

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 Keynsham. 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 Keynsham

## Comparison with neighbouring postcode sectors

The table below shows how 'BS31 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS31 1 Keynsham £333 sqft £378 sqft £431 sqft
BS31 2 Keynsham £327 sqft £366 sqft £409 sqft
BS31 3 Saltford £405 sqft £431 sqft £483 sqft

## Will Keynsham 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 BS31 1 (Keynsham) compared with both the wider area BS31 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 foot in Keynsham,Keynsham
House price trends for Keynsham

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 BS31 1 sales
Recent trends for Keynsham

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 Keynsham 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 Keynsham 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 £sqft Recent sales
The Mead, Keynsham, BS31 1F 0 sqft £351 28
Bath Road, Keynsham, BS31 1S 742 sqft £283 23
Greenfield Road, Keynsham, BS31 1F 699 sqft £295 20
Fairacres Close, Keynsham, BS31 1T 624 sqft £219 14
Bath Road, Keynsham, BS31 1T 0 sqft £328 12
Dunster Road, Keynsham, BS31 1W 0 sqft £346 12
Hurn Lane, Keynsham, BS31 1R 0 sqft £400 11
Back Lane, Keynsham, BS31 1D 613 sqft £444 11

## New build activity

Street Avg size Avg £sqft New build sales
Temple Street, Keynsham, BS31 1F 678 sqft £366 22
Temple Street, Keynsham, BS31 1G 764 sqft £367 25
Fairfield Way, Keynsham, BS31 1G 0 sqft £375 16

Temple Street, Keynsham, BS31 1F has seen 22 new build sales in the last 4 years (average price £257,216). These new build homes typically have an internal area of 678 sqft, with an average price of £366 sqft. This £sqm average is £-11 below the average for BS31 1. New builds typically command a £ per sqft premium. In the case of Temple Street the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Keynsham 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.