# House prices in BS35 1 (Thornbury)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BS35 1' (Thornbury) - statistics were last calculated on 31 July 2024.

## Defining 'BS35 1'

This analysis is limited to properties whose postcode starts with "BS35 1", 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 Thornbury.

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 Thornbury 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. The Villa, Camp Road, Thornbury, sold for £995,000 on May-2024. Given the internal area of 211 square metres, the price per sqm is £4,715.

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. £3,700-£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 184 sales in Thornbury (BS35 1) that took place in the last two years.

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

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 Thornbury (BS35 1). Of the 184 transactions, half were sold for between £3,570 and £4,510 per square metre. The median, or 'middle', price per square metre in 'BS35 1' is £4,090. Notably, only 25% of properties that sold recently were valued at more than £4,510 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 Thornbury

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 Thornbury. 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 Thornbury

## Comparison with neighbouring postcode sectors

The table below shows how 'BS35 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS35 1 Thornbury £3,570 sqm £4,090 sqm £4,510 sqm
BS35 4 Severn Beach £3,120 sqm £3,660 sqm £4,140 sqm
BS35 3 Alveston £3,570 sqm £4,190 sqm £4,550 sqm
BS35 5 Easter Compton £3,660 sqm £4,250 sqm £4,890 sqm
BS35 2 Thornbury £3,270 sqm £3,580 sqm £4,110 sqm

## Will Thornbury 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 BS35 1 (Thornbury) compared with both the wider area BS35 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 Thornbury,Thornbury
House price trends for Thornbury

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 BS35 1 sales
Recent trends for Thornbury

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 Thornbury 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 Thornbury 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
Badger Road, Thornbury, BS35 1A 107 sqm £3,907 29
Swallow Park, Thornbury, BS35 1L 94 sqm £4,585 16
Stokefield Close, Thornbury, BS35 1B 64 sqm £5,137 16
Charles Close, Thornbury, BS35 1L 88 sqm £3,679 16
Deer Park, Thornbury, BS35 1A 115 sqm £3,758 12
Scythe Way, Thornbury, BS35 1B 73 sqm £4,127 11
Buttercup Road, Thornbury, BS35 1A 107 sqm £3,972 10
Harvest Way, Thornbury, BS35 1A 98 sqm £3,416 9

Search for your street here.

## New build activity

Street Avg size Avg £sqm New build sales
Barley Fields, Thornbury, BS35 1A 138 sqm £3,643 23

Barley Fields, Thornbury, BS35 1A has seen 23 new build sales in the last 4 years (average price £419,376). These new build homes typically have an internal area of 138 sqm, with an average price of £3,643 sqm. This £sqm average is £-447 below the average for BS35 1. New builds typically command a £ per sqm premium. In the case of Barley Fields the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Thornbury 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
The Villa, Camp Rd, Thornbury £995,000
May-2024
211 4,715
58, Primrose Drive, Thornbury £317,000
May-2024
52 6,096
35, Larkspur Close, Thornbury £250,000
May-2024
84 2,976

#### 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.