Key indicators for buyers
The BS18 market presents a mixed picture for buyers. Prices are rising at 592.9%, which may favour acting sooner rather than later. Affordability has improved from a peak of 10.8x in 2021 to 9.0x today. Rising rents (£1,193/mo, +4.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in BS18 sold for £589,000 in 2007, with a median of £589,000 across 1 transactions. Prices rose 592.9% compared to the previous year.
2007averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider North Somerset area
A home in North Somerset costs 9.0x the local median salary — stretched, improving from a peak of 10.8x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Somerset area
Average monthly rent in North Somerset is £1,193, up 4.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Somerset price of £589,000 with a 25% deposit (£147k), a 2-year fixed mortgage at 3.97% costs around £2,324 per month.
Monthly cost comparison based on current data
Uses BS18 avg. price with North Somerset rental data
Monthly mortgage payments (£2,324) are £1,131 more than renting (£1,193). However, buying requires an upfront deposit of £147k — it would take around 47 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2, DUKES FARM, THE BARTON, COMPTON MARTIN BS18 6JQ | Detached | £589,000 | 14 Sept 2007 |
CHURCH COTTAGE, CHURCH STREET, BLAGDON BS18 6SJ | Detached | £85,000 | 31 Aug 2001 |
The most recent recorded sale in BS18 was a detached property on The Barton for £589,000 in September 2007. Across the last 2 sales, the median price was £589,000.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.