Feb 07, 2023 by HM

House prices in Little Stoke (BS34 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Little Stoke (BS34 6).


Price per square metre

Knowing the average house price in Little Stoke 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. 10, Ash Close, Little Stoke, Patchway, sold for £328,800 on Aug-2023. Given the internal area of 71 square metres, the price per sqm is £4,630.

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. £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 125 sales in Little Stoke (BS34 6) that took place in the last two years.

Distribution of £ per sqm for Little Stoke (BS34 6)
Distribution of £ per sqm house prices in Little Stoke

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 Little Stoke (BS34 6). Of the 125 transactions, half were sold for between £3,480 and £4,440 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,440m2. 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 'BS34 6' is £4,080. The table below shows how 'BS34 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS34 5 Patchway £3,280m2 £3,630m2 £4,070m2
BS34 8 Stoke Gifford £3,970m2 £4,380m2 £4,840m2
BS34 6 Little Stoke £3,480m2 £4,080m2 £4,440m2
BS34 7 Filton £3,380m2 £3,830m2 £4,240m2

Will Little Stoke 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 BS34 6 (Little Stoke). 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 BS34 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Little Stoke (BS34 6) over time
House price trends for Little Stoke

Hover on any blue dot to see details of specific sales

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

Price map for Little Stoke

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 Little Stoke. 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.

Property price heatmap for Little Stoke
House price heatmap for Little Stoke

Street level data

Street Avg size Avg £/m2 Recent sales
Oak Close, Little Stoke, BS34 6R 73m2 £3,765 20
Farley Close, Little Stoke, BS34 6H 71m2 £3,718 15
Chalcombe Close, Little Stoke, BS34 6E 74m2 £3,804 12
Gallivan Close, Little Stoke, BS34 6R 59m2 £4,184 12
Wrington Close, Little Stoke, BS34 6E 72m2 £3,778 11
Stoke Lane, Little Stoke, BS34 6D 87m2 £4,303 11
Silver Birch Close, Little Stoke, BS34 6R 85m2 £4,323 10
Hercules Close, Little Stoke, BS34 6J 78m2 £3,083 9

Search for your street here.

Raw data

Our analysis of Little Stoke 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
10, Ash Close, Little Stoke, Patchway £328,800
Aug-2023
71 4,630
22, Oak Close, Little Stoke, Patchway £310,000
Aug-2023
72 4,305
161, Gloucester Rd, Little Stoke, Patchway £665,000
Jul-2023
226 2,942

See the entire list of all sales in Little Stoke (BS34 6) 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.