# House prices in BS31 2 (Keynsham)

## Defining 'BS31 2'

This analysis is limited to properties whose postcode starts with "BS31 2", 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 metre

Knowing the average house price in Keynsham 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. 3, Chandos Road, Keynsham, sold for £330,000 on Feb-2024. Given the internal area of 85 square metres, the price per sqm is £3,882.

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 235 sales in Keynsham (BS31 2) that took place in the last two years.

##### Distribution of £ per sqm for Keynsham
Distribution of £ per sqm 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 2). Of the 235 transactions, half were sold for between £3,530 and £4,410 per square metre. The median, or 'middle', price per square metre in 'BS31 2' is £3,950. Notably, only 25% of properties that sold recently were valued at more than £4,410 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 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 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS31 1 Keynsham £3,590 sqm £4,070 sqm £4,640 sqm
BS31 2 Keynsham £3,530 sqm £3,950 sqm £4,410 sqm
BS31 3 Saltford £4,360 sqm £4,650 sqm £5,200 sqm

## 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 2 (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 metre 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 2 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 £sqm Recent sales
Trajectus Way, Keynsham, BS31 2F 88 sqm £3,816 27
Lays Drive, Keynsham, BS31 2L 83 sqm £3,532 26
Augustus Avenue, Keynsham, BS31 2F 104 sqm £4,463 26
Aesop Drive, Keynsham, BS31 2G 78 sqm £4,194 17
Old Vicarage Green, Keynsham, BS31 2D 90 sqm £3,528 15
Queens Road, Keynsham, BS31 2N 97 sqm £3,297 13
Linnet Way, Keynsham, BS31 2F 101 sqm £3,525 13
Tiberius Road, Keynsham, BS31 2F 114 sqm £3,631 11

## 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.