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House Prices in BS48

The average house price in BS48 (Bristol) is £457,500 using HM Land Registry data.

The average property price increased by £93,728 (164.76%) over the last 5 years and increased by £18,737 (12.85%) over the last 12 months.

Over the last year, there were 243 residential property sales – a decrease of 100 transactions (-41.15%) relative to the previous year. The majority of house sales (66) were in the £338,000 - £426,000 range. Then came properties in the £250,000 - £338,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,217 (-3%).

In June 2024, there were 69 new estate agency instructions, 58 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in BS48 (Bristol)

164.76%

Property prices in Bristol increased by 164.76% 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 BS48 (Bristol) Over the Last Year

12.85%

Property prices in Bristol increased by 12.85% 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 BS48 (Bristol) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 BS48 (Bristol)

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 BS48 (Bristol)

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 BS48 (Bristol)

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 BS48 (Bristol) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BS48 postcode area since 1995.

Recent Sales in BS48 (Bristol)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Amberley Gardens, Nailsea, Bristol, North Somerset, BS48 2HT	£295,000	£292,000	-£3,000	18 Nov 2023	24 May 2024	188 Days
35 Porlock Gardens, Nailsea, Bristol, North Somerset, BS48 2QY	£310,000	£280,000	-£30,000	31 Jan 2024	14 May 2024	104 Days
17 The Bramleys, Nailsea, Bristol, North Somerset, BS48 4RN	£525,000	£500,000	-£25,000	27 Oct 2023	10 May 2024	196 Days
19b, Amberlands Close, Backwell, Bristol, North Somerset, BS48 3LW	£385,000	£365,000	-£20,000	16 May 2023	12 Apr 2024	332 Days
41 Woodland Road, Nailsea, Bristol, North Somerset, BS48 1HX	£375,000	£367,500	-£7,500	23 Jan 2024	12 Apr 2024	80 Days
Japonica Cottage, Hillside Road, Backwell, Bristol, North Somerset, BS48 3BJ	£399,000	£390,000	-£9,000	21 Nov 2023	28 Mar 2024	128 Days
61 Moorfield Road, Backwell, Bristol, North Somerset, BS48 3NY	£310,000	£300,000	-£10,000	09 Oct 2023	01 Mar 2024	144 Days
Heathfield Lodge, Lodge Lane, Nailsea, Bristol, North Somerset, BS48 1BL	£850,000	£830,000	-£20,000	22 Sep 2023	23 Feb 2024	154 Days
10 Summerlands, Backwell, Bristol, North Somerset, BS48 3NZ	£330,000	£320,000	-£10,000	09 Sep 2023	21 Feb 2024	165 Days
10 Meadow Close, Nailsea, Bristol, North Somerset, BS48 1HJ	£299,995	£295,000	-£4,995	06 Aug 2023	15 Feb 2024	193 Days
57 Helston Road, Nailsea, Bristol, North Somerset, BS48 2UA	£360,000	£350,000	-£10,000	16 Aug 2023	02 Feb 2024	170 Days
1 St Margarets Close, Backwell, Bristol, North Somerset, BS48 3JD	£680,000	£660,000	-£20,000	29 Jul 2023	31 Jan 2024	186 Days
46 Mizzymead Rise, Nailsea, Bristol, North Somerset, BS48 2JN	£329,950	£329,950	£00	04 May 2023	26 Jan 2024	267 Days
15 Meadow Close, Nailsea, Bristol, North Somerset, BS48 1HJ	£279,995	£260,000	-£19,995	27 Jul 2023	12 Jan 2024	169 Days
35 Westfield Road, Backwell, Bristol, North Somerset, BS48 3NF	£375,000	£350,000	-£25,000	20 Jun 2023	19 Dec 2023	182 Days
24 Causeway View, Nailsea, Bristol, North Somerset, BS48 2XG	£349,995	£349,995	£00	14 Oct 2023	18 Dec 2023	65 Days
20 Silver Street, Nailsea, Bristol, North Somerset, BS48 2AG	£340,000	£320,000	-£20,000	31 Mar 2023	15 Dec 2023	259 Days
3 Shetland Way, Nailsea, Bristol, North Somerset, BS48 2UW	£500,000	£487,500	-£12,500	16 Jun 2023	15 Dec 2023	182 Days
6 Amberley Gardens, Nailsea, Bristol, North Somerset, BS48 2HT	£325,000	£315,000	-£10,000	07 Jun 2023	13 Dec 2023	189 Days
9 Hanham Way, Nailsea, Bristol, North Somerset, BS48 2SA	£400,000	£400,000	£00	13 Jul 2023	01 Dec 2023	141 Days

Most Expensive Streets in BS48 (Bristol)

Postcode	Street	Area	Average	No. of Sales
BS48 3AJ	Clover Grove, Barrow Gurney	Bristol	£1,033,750	4
BS48 1NQ	Clevedon Road, Flax Bourton	Bristol	£968,750	4
BS48 3AL	Winstones Road, Barrow Gurney	Bristol	£928,571	7
BS48 3BN	Rushmoor Lane, Backwell	Bristol	£885,000	3
BS48 4DB	West End Lane, Nailsea	Bristol	£884,000	3
BS48 4PH	Bucklands Drive, Nailsea	Bristol	£880,000	5
BS48 3PA	Farleigh Road, Backwell	Bristol	£830,333	3
BS48 3RZ	School Lane, Barrow Gurney	Bristol	£801,666	3
BS48 3QH	The Grange, Flax Bourton	Bristol	£799,333	3
BS48 4PJ	Bucklands Lane, Nailsea	Bristol	£790,625	4

Least Expensive Streets in BS48 (Bristol)

Postcode	Street	Area	Average	No. of Sales
BS48 4SU	Avalon House, North Street, Nailsea	Bristol	£101,999	7
BS48 2BX	Silvercourt, Nailsea	Bristol	£148,041	6
BS48 1JF	Woodhill Views, Nailsea	Bristol	£156,245	12
BS48 1RD	Crown Glass Place, Nailsea	Bristol	£168,000	4
BS48 1RS	Clevedon Walk, Nailsea	Bristol	£181,750	4
BS48 1DJ	High Street, Nailsea	Bristol	£187,270	33
BS48 2SS	Kingshill Gardens, Nailsea	Bristol	£192,069	18
BS48 3NU	Moorfield Road, Backwell	Bristol	£194,166	3
BS48 2BP	Silver Street, Nailsea	Bristol	£215,432	23
BS48 4NY	Strawberry Close, Nailsea	Bristol	£220,333	3