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Nailsea House Prices Nailsea House Prices

The average house price in Nailsea is £473,243 using HM Land Registry data.

The average property price increased by £86,362 (26.38%) over the last 5 years and increased by £17,261 (4.35%) over the last 12 months.

Over the last year, there were 190 residential property sales – a decrease of 81 transactions (-42.63%) relative to the previous year. The majority of house sales (52) were in the £328,000 - £406,000 range. Then came properties in the £250,000 - £328,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,217 (-3%).

In April 2024, there were 38 new estate agency instructions, 29 agreed home sales and 19 property price reductions.

Neighbouring Areas: Backwell

Postcodes Covered: BS48

5-Year Average Property Prices in Nailsea

26.38%

Property prices in Nailsea increased by 26.38% 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 Nailsea Over the Last Year

4.35%

Property prices in Nailsea increased by 4.35% 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.

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).

Property Market Heat Gauge for Nailsea - April 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 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 Nailsea

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 Nailsea

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 Nailsea

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 Nailsea since 1995

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

Recent Property Sales in Nailsea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Heathfield Lodge, Lodge Lane, Nailsea, Bristol, North Somerset, BS48 1BL£850,000£830,000-£20,00022 Sep 202323 Feb 2024154 Days
46 Mizzymead Rise, Nailsea, Bristol, North Somerset, BS48 2JN£329,950£329,950£0004 May 202326 Jan 2024267 Days
20 Silver Street, Nailsea, Bristol, North Somerset, BS48 2AG£340,000£320,000-£20,00031 Mar 202315 Dec 2023259 Days
9 Hanham Way, Nailsea, Bristol, North Somerset, BS48 2SA£400,000£400,000£0013 Jul 202301 Dec 2023141 Days
11 Bibury Close, Nailsea, Bristol, North Somerset, BS48 2TQ£440,000£425,000-£15,00025 May 202324 Nov 2023183 Days
48 North Street, Nailsea, Bristol, North Somerset, BS48 4BS£320,000£320,000£0027 Oct 202324 Nov 202328 Days
8 Cedar Way, Nailsea, Bristol, North Somerset, BS48 1QZ£295,000£280,000-£15,00010 Jul 202320 Nov 2023133 Days
11 Kingston Drive, Nailsea, Bristol, North Somerset, BS48 4RB£499,500£476,500-£23,00010 Mar 202309 Nov 2023244 Days
13 Whitesfield Road, Nailsea, Bristol, North Somerset, BS48 2DX£445,500£445,500£0017 Jul 202308 Nov 2023114 Days
15 Kingshill Gardens, Nailsea, Bristol, North Somerset, BS48 2SS£199,950£186,000-£13,95008 Apr 202308 Nov 2023214 Days
7 Vale End, Nailsea, Bristol, North Somerset, BS48 2JS£309,950£285,000-£24,95029 Jul 202307 Nov 2023101 Days
11 Yeo Valley Way, Wraxall, Bristol, North Somerset, BS48 1PS£725,000£710,000-£15,00030 Mar 202303 Nov 2023218 Days
6 Moorlands Close, Nailsea, Bristol, North Somerset, BS48 2DR£349,999£340,000-£9,99903 Jul 202301 Nov 2023121 Days
1 Valley Gardens, Nailsea, Bristol, North Somerset, BS48 2JD£425,000£422,000-£3,00010 Mar 202301 Nov 2023236 Days
61 The Maples, Nailsea, Bristol, North Somerset, BS48 4RX£305,000£295,000-£10,00014 Mar 202301 Nov 2023232 Days
6 St Agnes Close, Nailsea, Bristol, North Somerset, BS48 2UB£420,000£415,000-£5,00009 Jun 202327 Oct 2023140 Days
16 Windsor Drive, Nailsea, Bristol, North Somerset, BS48 1TP£399,500£399,500£0015 Jun 202323 Oct 2023130 Days
6 Crewkerne Close, Nailsea, Bristol, North Somerset, BS48 2SN£389,950£382,500-£7,45024 Apr 202320 Oct 2023179 Days
24 Mayflower Gardens, Nailsea, Bristol, North Somerset, BS48 1QW£279,950£265,000-£14,95012 Apr 202320 Oct 2023191 Days
9 Barns Close, Nailsea, Bristol, North Somerset, BS48 2JU£559,950£540,000-£19,95006 Apr 202320 Oct 2023197 Days

Most Expensive Streets in Nailsea

PostcodeStreetAreaAverageNo. of Sales
BS48 4PHBucklands DriveNailsea£880,0005
BS48 4PJBucklands LaneNailsea£790,6254
BS48 4LTBeckets LaneNailsea£787,0003
BS48 4PGFarlers EndNailsea£762,1427
BS48 4TZBucklands ViewNailsea£761,8336
BS48 4PDStation RoadNailsea£710,1005
BS48 4PUCharterhouse CloseNailsea£710,0004
BS48 2AUKingshillNailsea£641,4005
BS48 4PYRickford RoadNailsea£625,0003
BS48 1NDGreen Pastures RoadWraxall£621,4287

Least Expensive Streets in Nailsea

PostcodeStreetAreaAverageNo. of Sales
BS48 4SUAvalon HouseNorth Street, Nailsea£101,9997
BS48 2BXSilvercourtNailsea£148,0416
BS48 1JFWoodhill ViewsNailsea£154,89510
BS48 1RDCrown Glass PlaceNailsea£168,0004
BS48 1RSClevedon WalkNailsea£181,7504
BS48 1DJHigh StreetNailsea£187,27033
BS48 2SSKingshill GardensNailsea£191,93419
BS48 2BPSilver StreetNailsea£219,08822
BS48 4NYStrawberry CloseNailsea£220,3333
BS48 1HPMilton CloseNailsea£225,1663

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