House prices in BS48 3 (Backwell)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BS48 3' (Backwell, Nailsea) - statistics were last calculated on 30 August 2024.

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Defining 'BS48 3'

This analysis is limited to properties whose postcode starts with "BS48 3", 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 Backwell.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Backwell is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. The Shelter, Downside Road, Backwell, Nailsea, sold for £850,000 on Jul-2024. Given the internal area of 1,829 square feet, the price per sqft is £464.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £487-£510, £510-£534, £534-£557 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 86 sales in Backwell (BS48 3) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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 Backwell (BS48 3). Of the 86 transactions, half were sold for between £372 and £475 per square foot. The median, or 'middle', price per square foot in 'BS48 3' is £408. Notably, only 25% of properties that sold recently were valued at more than £475 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Backwell, Nailsea

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 Nailsea. 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 Backwell, Nailsea

Comparison with neighbouring postcode sectors

The table below shows how 'BS48 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BS48 3 Backwell	£372 sqft	£408 sqft	£475 sqft
BS48 4 Nailsea	£338 sqft	£386 sqft	£454 sqft
BS48 2 Nailsea	£345 sqft	£392 sqft	£449 sqft
BS48 1 Nailsea	£350 sqft	£414 sqft	£468 sqft

Will Nailsea 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 BS48 3 (Backwell) compared with both the wider area BS48 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Nailsea 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 Nailsea 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 £sqft	Recent sales
Farleigh Road, Backwell, BS48 3P	0 sqft	£417	9
Church Lane, Backwell, BS48 3J	0 sqft	£429	8
Amberlands Close, Backwell, BS48 3L	0 sqft	£365	8
Oakleigh Close, Backwell, BS48 3J	0 sqft	£431	7
Karen Drive, Backwell, BS48 3J	0 sqft	£439	7
Westfield Road, Backwell, BS48 3N	0 sqft	£361	7
Waverley Road, Backwell, BS48 3L	968 sqft	£374	6
Rodney Road, Backwell, BS48 3H	0 sqft	£352	6

Search for your street here.

New build activity

Street	Avg size	Avg £sqft	New build sales
Colliers Gardens, Backwell, BS48 3D	0 sqft	£407	25

Colliers Gardens, Backwell, BS48 3D has seen 25 new build sales in the last 4 years (average price £471,648). These new build homes typically have an internal area of 1,205 sqft, with an average price of £407 sqft. This £sqm average is £-1 below the average for BS48 3. New builds typically command a £ per sqft premium. In the case of Colliers Gardens 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 Backwell 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	sqft	£/sqft
The Shelter, Downside Rd, Backwell, Nailsea	£850,000 Jul-2024	1,829	464
13, St Andrews Rd, Backwell, Nailsea	£690,000 Jun-2024	1,689	408
14, The Crescent, Backwell, Nailsea	£575,000 Jun-2024	1,442	398

See the entire list of all sales in Backwell (BS48 3) here.