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House Prices in BS48

The average house price in BS48 (Bristol) is £387,934 using HM Land Registry data.

The average property price increased by £88,579 (164.76%) over the last 5 years and increased by £17,748 (12.85%) over the last 12 months.

Over the last year, there were 241 residential property sales – a decrease of 67 transactions (-27.80%) relative to the previous year. The majority of house sales (71) were in the £260,000 - £352,000 range. Then came properties in the £352,000 - £444,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,217 (-3%).

In Oct 24, there were 59 new estate agency instructions, 40 agreed home sales and 38 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) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
21 Church Town, Backwell, Bristol, North Somerset, BS48 3JQ	£649,950	£502,000	-£147,950	17 Apr 2023	16 Aug 2024	487 Days
42 Moorfield Road, Backwell, Bristol, North Somerset, BS48 3NY	£250,000	£245,625	-£4,375	09 May 2024	16 Aug 2024	99 Days
38 Kingsmead, Nailsea, Bristol, North Somerset, BS48 2XJ	£409,995	£400,000	-£9,995	06 Mar 2024	08 Aug 2024	155 Days
12 The Hamlet, Nailsea, Bristol, North Somerset, BS48 1BY	£650,000	£148,000	-£502,000	30 Nov 2021	07 Aug 2024	981 Days
11 Fowey Close, Nailsea, Bristol, North Somerset, BS48 2UR	£437,500	£434,000	-£3,500	12 Mar 2024	16 Jul 2024	126 Days
31 Yeomead, Nailsea, Bristol, North Somerset, BS48 1JA	£375,000	£352,500	-£22,500	23 Jan 2024	12 Jul 2024	171 Days
78 Church Lane, Backwell, Bristol, North Somerset, BS48 3JL	£650,000	£650,000	£00	27 Mar 2024	08 Jul 2024	103 Days
2 Dunkery Close, Nailsea, Bristol, North Somerset, BS48 2LB	£365,000	£350,000	-£15,000	27 Oct 2023	28 Jun 2024	245 Days
9 Bibury Close, Nailsea, Bristol, North Somerset, BS48 2TQ	£470,000	£460,000	-£10,000	18 Mar 2024	28 Jun 2024	102 Days
13 St Andrews Road, Backwell, Bristol, North Somerset, BS48 3NR	£695,000	£690,000	-£5,000	30 Jan 2024	24 Jun 2024	146 Days
38 Hillcrest Road, Nailsea, Bristol, North Somerset, BS48 2JA	£399,950	£380,000	-£19,950	13 Sep 2023	21 Jun 2024	282 Days
11 Claremont Gardens, Nailsea, Bristol, North Somerset, BS48 2HY	£265,000	£260,000	-£5,000	30 Mar 2024	20 Jun 2024	82 Days
9 Clarken Close, Nailsea, Bristol, North Somerset, BS48 2HR	£300,000	£295,000	-£5,000	13 Mar 2024	07 Jun 2024	86 Days
14 The Crescent, Backwell, Bristol, North Somerset, BS48 3NL	£575,000	£575,000	£00	31 Oct 2023	06 Jun 2024	219 Days
63a, North Street, Nailsea, Bristol, North Somerset, BS48 4BS	£499,950	£480,000	-£19,950	30 Dec 2023	31 May 2024	153 Days
15 Yeo Valley Way, Wraxall, Bristol, North Somerset, BS48 1PS	£745,000	£730,000	-£15,000	28 Feb 2024	31 May 2024	93 Days
47 Kingsmead, Nailsea, Bristol, North Somerset, BS48 2XJ	£475,000	£450,000	-£25,000	16 May 2024	31 May 2024	15 Days
11 Green Pastures Road, Wraxall, Bristol, North Somerset, BS48 1ND	£650,000	£645,000	-£5,000	06 Oct 2023	31 May 2024	238 Days
35 Godwin Drive, Nailsea, Bristol, North Somerset, BS48 2XE	£364,950	£355,000	-£9,950	17 May 2023	29 May 2024	378 Days
10 Amberley Gardens, Nailsea, Bristol, North Somerset, BS48 2HT	£295,000	£292,000	-£3,000	18 Nov 2023	24 May 2024	188 Days

Most Expensive Streets in BS48 (Bristol)

Postcode	Street	Area	Average	No. of Sales
BS48 3AL	Winstones Road, Barrow Gurney	Bristol	£988,000	5
BS48 1NQ	Clevedon Road, Flax Bourton	Bristol	£950,000	3
BS48 1UL	Old Weston Road, Flax Bourton	Bristol	£911,666	3
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 3QH	The Grange, Flax Bourton	Bristol	£794,000	4
BS48 4PJ	Bucklands Lane, Nailsea	Bristol	£790,625	4
BS48 4LT	Beckets Lane, Nailsea	Bristol	£787,000	3

Least Expensive Streets in BS48 (Bristol)

Postcode	Street	Area	Average	No. of Sales
BS48 4SU	Avalon House, North Street, Nailsea	Bristol	£98,799	5
BS48 2BX	Silvercourt, Nailsea	Bristol	£148,250	5
BS48 1JF	Woodhill Views, Nailsea	Bristol	£157,540	11
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	£186,697	35
BS48 1HP	Milton Close, Nailsea	Bristol	£191,933	3
BS48 2SS	Kingshill Gardens, Nailsea	Bristol	£192,640	16
BS48 3NU	Moorfield Road, Backwell	Bristol	£194,166	3
BS48 2BP	Silver Street, Nailsea	Bristol	£218,578	25