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House Prices in BS29

The average house price in BS29 (Banwell) is £295,000 using HM Land Registry data.

The average property price increased by £83,577 (28.4%) over the last 5 years and increased by £16,742 (4.22%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 26 transactions (-66.67%) relative to the previous year. The majority of house sales (11) were in the £310,000 - £380,000 range. Then came properties in the £240,000 - £310,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 197 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,383 (-3%).

In January 2025, there were 17 new estate agency instructions, 11 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in BS29 (Banwell)

28.4%

Property prices in BS29 (Banwell) increased by 28.4% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BS29 (Banwell) Over the Last Year

4.22%

Property prices in BS29 (Banwell) increased by 4.22% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for BS29 (Banwell) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BS29 (Banwell)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BS29 (Banwell)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BS29 (Banwell)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BS29 (Banwell) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BS29 postcode area since 1995.

Recent Sales in BS29 (Banwell)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
37 West Garston, Banwell, North Somerset, BS29 6EX	£330,000	£320,000	-£10,000	28 Aug 2024	13 Dec 2024	107 Days
9 Waits Close, Banwell, North Somerset, BS29 6HH	£272,500	£264,000	-£8,500	21 Jun 2024	28 Nov 2024	160 Days
109 High Street, Banwell, North Somerset, BS29 6AG	£465,000	£462,000	-£3,000	16 Jan 2024	22 Nov 2024	311 Days
4 Westfield Road, Banwell, North Somerset, BS29 6BA	£290,000	£280,000	-£10,000	03 Jan 2024	08 Nov 2024	310 Days
2 Cream Croft Lane, Banwell, North Somerset, BS29 6DY	£425,000	£420,000	-£5,000	15 May 2024	08 Nov 2024	177 Days
8 Wolvershill Park, Banwell, North Somerset, BS29 6DQ	£350,000	£340,000	-£10,000	04 Feb 2024	31 Oct 2024	270 Days
1 Whalefield Road, Banwell, North Somerset, BS29 6EB	£285,000	£280,000	-£5,000	01 Dec 2023	19 Sep 2024	293 Days
11 Wolvershill Park, Banwell, North Somerset, BS29 6DQ	£230,000	£220,000	-£10,000	03 Feb 2024	06 Sep 2024	216 Days
13 Knightcott Park, Banwell, North Somerset, BS29 6HB	£262,500	£257,000	-£5,500	25 Jan 2024	12 Aug 2024	200 Days
2 Westfield Crescent, Banwell, North Somerset, BS29 6BG	£240,000	£215,000	-£25,000	04 Apr 2024	17 Jul 2024	104 Days
56 West Garston, Banwell, North Somerset, BS29 6EZ	£239,950	£232,000	-£7,950	24 Oct 2023	12 Jul 2024	262 Days
High Trees, Wolvershill Road, Banwell, North Somerset, BS29 6DG	£475,000	£465,000	-£10,000	29 Sep 2023	11 Apr 2024	195 Days
46 Dyer Street, Banwell, North Somerset, BS29 6BY	£369,950	£365,000	-£4,950	13 Oct 2023	28 Mar 2024	167 Days
Wide View, Wolvershill, Banwell, North Somerset, BS29 6LA	£625,000	£620,000	-£5,000	22 Mar 2023	12 Feb 2024	327 Days
9 Wolvershill Park, Banwell, North Somerset, BS29 6DQ	£279,995	£265,000	-£14,995	20 Sep 2023	02 Jan 2024	104 Days
34b, West Street, Banwell, North Somerset, BS29 6DB	£199,995	£175,000	-£24,995	29 Jun 2023	27 Nov 2023	151 Days
45 Knightcott Gardens, Banwell, North Somerset, BS29 6HD	£339,995	£330,000	-£9,995	02 Jun 2023	10 Oct 2023	130 Days
Benchmark Barn, Silver Moor Lane, Banwell, North Somerset, BS29 6LQ	£595,000	£560,000	-£35,000	28 Apr 2023	06 Oct 2023	161 Days
Silver Birches, Whitecross Lane, Banwell, North Somerset, BS29 6DP	£550,000	£535,000	-£15,000	04 Sep 2022	18 Aug 2023	348 Days
Wood Rising, Wolvershill Road, Banwell, North Somerset, BS29 6DJ	£495,000	£485,000	-£10,000	13 Feb 2023	26 Jul 2023	163 Days

Most Expensive Streets in BS29 (Banwell)

Postcode	Street	Area	Average	No. of Sales
BS29 6LA	Wolvershill	Banwell	£680,875	4
BS29 6DS	Cooks Lane	Banwell	£575,000	3
BS29 6DJ	Wolvershill Road	Banwell	£558,333	3
BS29 6BW	East Street	Banwell	£466,222	3
BS29 6BP	Dark Lane	Banwell	£442,500	4
BS29 6DP	Whitecross Lane	Banwell	£439,958	4
BS29 6AJ	Taylors Fields	Banwell	£424,579	34
BS29 6HA	Knightcott Road	Banwell	£403,333	3
BS29 6DE	West Street	Banwell	£369,990	5
BS29 6BR	Buller Road	Banwell	£343,180	11

Least Expensive Streets in BS29 (Banwell)

Postcode	Street	Area	Average	No. of Sales
BS29 6AH	West Street	Banwell	£170,611	9
BS29 6DT	School Close	Banwell	£231,666	3
BS29 6EY	West Garston	Banwell	£235,428	7
BS29 6HN	Springfield Gardens	Banwell	£240,000	3
BS29 6EA	Church Street	Banwell	£246,357	7
BS29 6EZ	West Garston	Banwell	£247,500	10
BS29 6DQ	Wolvershill Park	Banwell	£250,625	8
BS29 6EX	West Garston	Banwell	£255,000	5
BS29 6DB	West Street	Banwell	£263,666	6
BS29 6AR	Blew Close	Banwell	£266,780	10