Feb 07, 2023 by HM

House prices in Stoke Gifford (BS34 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Stoke Gifford (BS34 8).


Defining 'BS34 8'

This analysis is limited to properties whose postcode starts with "BS34 8", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Stoke Gifford 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. 87, Railton Jones Close, Stoke Gifford, Patchway, sold for £285,000 on Feb-2024. Given the internal area of 56 square metres, the price per sqm is £5,089.

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. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 199 sales in Stoke Gifford (BS34 8) that took place in the last two years.

Distribution of £ per sqm for Stoke Gifford (BS34 8)
Distribution of £ per sqm house prices in Stoke Gifford

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 Stoke Gifford (BS34 8). Of the 199 transactions, half were sold for between £3,960 and £4,910 per square metre. The median, or 'middle', price per square metre in 'BS34 8' is £4,430. Notably, only 25% of properties that sold recently were valued at more than £4,910m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Stoke Gifford

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 Stoke Gifford. 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.

Property price heatmap for Stoke Gifford
House price heatmap for Stoke Gifford

Comparison with neighbouring postcode sectors

The table below shows how 'BS34 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS34 5 Patchway £3,280m2 £3,690m2 £4,170m2
BS34 6 Little Stoke £3,650m2 £4,090m2 £4,440m2
BS34 7 Filton £3,260m2 £3,800m2 £4,300m2
BS34 8 Stoke Gifford £3,960m2 £4,430m2 £4,910m2

Will Stoke Gifford 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 8 (Stoke Gifford). 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 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Stoke Gifford (BS34 8) over time
House price trends for Stoke Gifford

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Bakers Ground, Stoke Gifford, BS34 8G 93m2 £4,295 31
Sorrel Place, Stoke Gifford, BS34 8A 93m2 £3,693 27
New Road, Stoke Gifford, BS34 8T 69m2 £4,132 21
Kings Drive, Stoke Gifford, BS34 8R 97m2 £3,437 20
Whitley Mead, Stoke Gifford, BS34 8X 67m2 £4,155 19
Field Farm Close, Stoke Gifford, BS34 8X 90m2 £4,707 16
Rock Lane, Stoke Gifford, BS34 8P 109m2 £3,944 15
Sandringham Road, Stoke Gifford, BS34 8P 76m2 £4,499 11

Search for your street here.

Raw data

Our analysis of Stoke Gifford 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
87, Railton Jones Close, Stoke Gifford, Patchway £285,000
Feb-2024
56 5,089
2a, Gatcombe Drive, Stoke Gifford, Patchway £280,000
Jan-2024
59 4,745
25, Tybalt Way, Stoke Gifford, Patchway £234,000
Jan-2024
51 4,588

See the entire list of all sales in Stoke Gifford (BS34 8) 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.