Feb 07, 2023 by HM

# House prices in Saltford (BS31 3)

## Price per square metre

Knowing the average house price in Saltford 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. 69, Uplands Road, Saltford, Keynsham, sold for £590,000 on Sep-2023. Given the internal area of 129 square metres, the price per sqm is £4,573.

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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 69 sales in Saltford (BS31 3) that took place in the last two years.

##### Distribution of £ per sqm for Saltford (BS31 3)
Distribution of £ per sqm house prices in Saltford

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 Saltford (BS31 3). Of the 69 transactions, half were sold for between £4,250 and £5,210 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,210m2. 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 'BS31 3' is £4,600. The table below shows how 'BS31 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS31 1 Keynsham £3,520m2 £3,980m2 £4,570m2
BS31 2 Keynsham £3,440m2 £3,870m2 £4,320m2
BS31 3 Saltford £4,250m2 £4,600m2 £5,210m2

## Will Saltford 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 BS31 3 (Saltford). 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 BS31 3 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Saltford (BS31 3) over time
House price trends for Saltford

Hover on any blue dot to see details of specific sales

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

## Price map for Saltford

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 Saltford. 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 Saltford

## Street level data

Street Avg size Avg £/m2 Recent sales
Bath Road, Saltford, BS31 3J 119m2 £4,244 11
Norman Road, Saltford, BS31 3B 112m2 £4,437 10
Rodney Road, Saltford, BS31 3H 133m2 £4,016 9
Montague Road, Saltford, BS31 3L 110m2 £4,728 8
Uplands Road, Saltford, BS31 3H 117m2 £4,447 8
Uplands Road, Saltford, BS31 3J 154m2 £4,448 7
High Street, Saltford, BS31 3E 122m2 £3,872 6
Chestnut Walk, Saltford, BS31 3B 116m2 £4,128 6

## Raw data

Our analysis of Saltford 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.