# House prices in BS34 5 (Patchway)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BS34 5' (Patchway) - statistics were last calculated on 31 July 2024.

## Defining 'BS34 5'

This analysis is limited to properties whose postcode starts with "BS34 5", 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 Patchway.

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 Patchway 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. 4, Cranbourne Road, Patchway, sold for £195,000 on Jun-2024. Given the internal area of 53 square metres, the price per sqm is £3,679.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 259 sales in Patchway (BS34 5) that took place in the last two years.

##### Distribution of £ per sqm for Patchway
Distribution of £ per sqm house prices in Patchway

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 Patchway (BS34 5). Of the 259 transactions, half were sold for between £3,320 and £4,200 per square metre. The median, or 'middle', price per square metre in 'BS34 5' is £3,750. Notably, only 25% of properties that sold recently were valued at more than £4,200 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 Patchway

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 Patchway. 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 Patchway

## Comparison with neighbouring postcode sectors

The table below shows how 'BS34 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS34 6 Little Stoke £3,570 sqm £4,130 sqm £4,500 sqm
BS34 7 Filton £3,250 sqm £3,800 sqm £4,340 sqm
BS34 8 Stoke Gifford £3,990 sqm £4,440 sqm £4,920 sqm
BS34 5 Patchway £3,320 sqm £3,750 sqm £4,200 sqm

## Will Patchway 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 BS34 5 (Patchway) compared with both the wider area BS34 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 Patchway,Patchway
House price trends for Patchway

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.

##### Most recent BS34 5 sales
Recent trends for Patchway

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 Patchway 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 Patchway 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
Mansell Road, Patchway, BS34 5Q 63 sqm £3,551 26
Wood Street, Patchway, BS34 5G 75 sqm £3,772 18
Oak Leaze, Patchway, BS34 5F 86 sqm £3,658 17
Pretoria Road, Patchway, BS34 5P 72 sqm £3,217 17
Hawthorn Close, Patchway, BS34 5S 69 sqm £4,161 17
Worthing Road, Patchway, BS34 5H 79 sqm £3,678 16
Durban Road, Patchway, BS34 5H 84 sqm £3,581 15
Blakeney Road, Patchway, BS34 5R 61 sqm £2,956 15

Search for your street here.

## Raw data

Our analysis of Patchway 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
4, Cranbourne Rd, Patchway £195,000
Jun-2024
53 3,679
3, Bevington Close, Patchway £307,500
Jun-2024
82 3,750
14, Rodway Rd, Patchway £260,000
Jun-2024
75 3,466

#### About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.