# House prices in BS37 6 (Chipping Sodbury)

This article reveals price per square metre data and various charts to help you understand current housing market in Chipping Sodbury, Yate (BS37 6).

## Defining 'BS37 6'

This analysis is limited to properties whose postcode starts with "BS37 6", 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 Chipping Sodbury.

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 Chipping Sodbury 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. 9, Jenner Close, Chipping Sodbury, Yate, sold for £545,000 on Mar-2024. Given the internal area of 112 square metres, the price per sqm is £4,866.

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 177 sales in Chipping Sodbury (BS37 6) that took place in the last two years.

##### Distribution of £ per sqm for Chipping Sodbury, Yate
Distribution of £ per sqm house prices in Chipping Sodbury

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 Chipping Sodbury (BS37 6). Of the 177 transactions, half were sold for between £3,570 and £4,710 per square metre. The median, or 'middle', price per square metre in 'BS37 6' is £4,140. Notably, only 25% of properties that sold recently were valued at more than £4,710 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 Chipping Sodbury, 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.

House price heatmap for Chipping Sodbury, Yate

## Comparison with neighbouring postcode sectors

The table below shows how 'BS37 6' 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 6 (Chipping Sodbury) 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 Chipping Sodbury,Yate
House price trends for Chipping Sodbury

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 6 sales
Recent trends for Chipping Sodbury

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
Couzens Close, Chipping Sodbury, BS37 6B 76 sqm £4,264 31
Barnhill Road, Chipping Sodbury, BS37 6F 73 sqm £4,202 20
Batten Court, Chipping Sodbury, BS37 6B 60 sqm £4,128 20
Merlin Way, Chipping Sodbury, BS37 6X 80 sqm £3,566 17
Goldcrest Road, Chipping Sodbury, BS37 6X 89 sqm £3,369 17
Finch Road, Chipping Sodbury, BS37 6J 85 sqm £3,647 15
Hounds Road, Chipping Sodbury, BS37 6E 52 sqm £3,199 14
Robin Way, Chipping Sodbury, BS37 6J 95 sqm £3,501 14

## Raw data

Our analysis of Chipping Sodbury 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.