House prices in BS37 5 (Yate)

This article reveals price per square metre data and various charts to help you understand current housing market in Yate (BS37 5).


Defining 'BS37 5'

This analysis is limited to properties whose postcode starts with "BS37 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 Yate.

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 Yate 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. 2 The Millers The Old Mill, Nibley Lane, Yate, sold for £260,000 on Mar-2024. Given the internal area of 73 square metres, the price per sqm is £3,561.

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. £3,800-£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 156 sales in Yate (BS37 5) that took place in the last two years.

Distribution of £ per sqm for Yate
Distribution of £ per sqm house prices in Yate

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 Yate (BS37 5). Of the 156 transactions, half were sold for between £3,620 and £4,570 per square metre. The median, or 'middle', price per square metre in 'BS37 5' is £4,110. Notably, only 25% of properties that sold recently were valued at more than £4,570 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 Yate

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 Yate. 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 Yate
House price heatmap for Yate

Comparison with neighbouring postcode sectors

The table below shows how 'BS37 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS37 9 Iron Acton £3,460 sqm £3,750 sqm £4,680 sqm
BS37 4 Yate £3,090 sqm £3,440 sqm £3,980 sqm
BS37 5 Yate £3,620 sqm £4,110 sqm £4,570 sqm
BS37 8 Yate £3,210 sqm £3,490 sqm £3,720 sqm
BS37 6 Chipping Sodbury £3,570 sqm £4,140 sqm £4,710 sqm
BS37 7 Yate £3,550 sqm £3,990 sqm £4,440 sqm

Will Yate 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 BS37 5 (Yate) compared with both the wider area BS37 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 Yate,Yate
House price trends for Yate

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 BS37 5 sales
Recent trends for Yate

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 Yate 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 Yate 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
Longs Drive, Yate, BS37 5X 59 sqm £3,997 31
Wavell Close, Yate, BS37 5U 59 sqm £4,146 26
Parnall Crescent, Yate, BS37 5X 72 sqm £4,044 23
Home Orchard, Yate, BS37 5X 54 sqm £4,028 20
Canterbury Close, Yate, BS37 5T 70 sqm £3,803 18
Sutherland Avenue, Yate, BS37 5U 65 sqm £4,363 17
Lancaster Road, Yate, BS37 5S 86 sqm £3,632 14
Bader Close, Yate, BS37 5U 65 sqm £3,788 14

Search for your street here.

Raw data

Our analysis of Yate 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
2 The Millers The Old Mill, Nibley Lane, Yate £260,000
Mar-2024
73 3,561
27, Hampden Close, Yate £510,000
Mar-2024
149 3,422
59, Whitley Close, Yate £265,000
Jan-2024
62 4,274

See the entire list of all sales in Yate (BS37 5) here.

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.