Feb 07, 2023 by HM

House prices in Long Ashton (BS41 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Long Ashton (BS41 9).


Price per square metre

Knowing the average house price in Long Ashton 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, Rayens Close, Long Ashton, sold for £510,000 on Aug-2023. Given the internal area of 115 square metres, the price per sqm is £4,434.

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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 103 sales in Long Ashton (BS41 9) that took place in the last two years.

Distribution of £ per sqm for Long Ashton (BS41 9)
Distribution of £ per sqm house prices in Long Ashton

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 Long Ashton (BS41 9). Of the 103 transactions, half were sold for between £3,980 and £5,510 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,510m2. 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 'BS41 9' is £4,750. The table below shows how 'BS41 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BS41 8 Dundry £4,240m2 £4,740m2 £4,890m2
BS41 9 Long Ashton £3,980m2 £4,750m2 £5,510m2

Will Long Ashton 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 BS41 9 (Long Ashton). 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 BS41 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Long Ashton (BS41 9) over time
House price trends for Long Ashton

Hover on any blue dot to see details of specific sales

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

Price map for Long Ashton

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 Long Ashton. 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.

Property price heatmap for Long Ashton
House price heatmap for Long Ashton

Street level data

Street Avg size Avg £/m2 Recent sales
Providence Lane, Long Ashton, BS41 9D 135m2 £5,235 20
Fenshurst Gardens, Long Ashton, BS41 9A 80m2 £4,192 18
Perry Road, Long Ashton, BS41 9F 111m2 £4,514 16
Bramley Copse, Long Ashton, BS41 9F 80m2 £3,942 14
Kings Croft, Long Ashton, BS41 9E 123m2 £4,312 13
Lampton Road, Long Ashton, BS41 9A 87m2 £4,488 12
Pear Tree Avenue, Long Ashton, BS41 9F 125m2 £3,825 12
Blackcurrant Drive, Long Ashton, BS41 9F 115m2 £3,786 10

Search for your street here.

Raw data

Our analysis of Long Ashton 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
2, Rayens Close, Long Ashton £510,000
Aug-2023
115 4,434
Brockley House, 28a, Providence Lane, Long Ashton £720,000
Aug-2023
136 5,294
2, Holders Walk, Long Ashton £415,000
Aug-2023
87 4,770

See the entire list of all sales in Long Ashton (BS41 9) 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.