Feb 07, 2023 by HM

House prices in Knowle (BS4 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Knowle (BS4 1).

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Price per square metre

Knowing the average house price in Knowle 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. 96, Ilminster Avenue, Knowle, Bristol, sold for £274,245 on Sep-2023. Given the internal area of 77 square metres, the price per sqm is £3,561.

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. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 186 sales in Knowle (BS4 1) that took place in the last two years.

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 Knowle (BS4 1). Of the 186 transactions, half were sold for between £2,930 and £3,760 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,760m². 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 'BS4 1' is £3,420. The table below shows how 'BS4 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS4 4 St Annes Park	£3,500m2	£3,910m2	£4,390m2
BS4 5 Brislington	£3,220m2	£3,720m2	£4,180m2
BS4 1 Knowle	£2,930m2	£3,420m2	£3,760m2
BS4 2 Knowle	£3,720m2	£4,180m2	£4,670m2
BS4 3 Brislington	£3,630m2	£4,180m2	£4,680m2

Will Knowle 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 BS4 1 (Knowle). 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 BS4 1 and the blue dots are the individual property sales that inform this trend.

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

Price map for Knowle

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 Knowle. 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.

House price heatmap for Knowle

Street level data

Street	Avg size	Avg £/m2	Recent sales
Novers Park Road, Knowle, BS4 1R	80m2	£2,930	15
Minehead Road, Knowle, BS4 1B	78m2	£3,077	14
Lisburn Road, Knowle, BS4 1N	80m2	£2,898	14
Leinster Avenue, Knowle, BS4 1N	81m2	£2,609	13
Kenmare Road, Knowle, BS4 1P	79m2	£3,171	13
Stockwood Crescent, Knowle, BS4 1A	83m2	£3,460	12
Salcombe Road, Knowle, BS4 1A	79m2	£3,277	12
Hengrove Way, Knowle, BS4 1F	62m2	£2,692	11

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Casey Close, Knowle, BS4 1F	80m2	£3,459	9

Casey Close, Knowle, BS4 1F has seen 9 new build sales in the last 4 years (average price £275,416). These new build homes typically have an internal area of 80 m2, with an average price of £3,459 m2. This £sqm average is £39 above the average for BS4 1. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Knowle 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
96, Ilminster Avenue, Knowle, Bristol	£274,245 Sep-2023	77	3,561
Flat 7 6, Hengrove Way, Knowle, Bristol	£168,750 Sep-2023	62	2,721
9, Abrahams Close, Knowle, Bristol	£325,000 Aug-2023	92	3,532

See the entire list of all sales in Knowle (BS4 1) here.