Key indicators for buyers
The BS48 market is moderately favourable for buyers. Prices have softened (-32.4%), which could present a buying opportunity. 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
2026averages · 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 £301,377 with a 25% deposit (£75k), a 2-year fixed mortgage at 3.97% costs around £1,189 per month.
Monthly cost comparison based on current data
Uses BS48 avg. price with North Somerset rental data
Monthly mortgage payments (£1,189) are £4 less than renting (£1,193). However, buying requires an upfront deposit of £75k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
5, VALLEY GARDENS, NAILSEA BS48 2JD | Semi-detached | £223,000 | 23 Jan 2026 |
28, CROWN HOUSE, NORTH STREET, NAILSEA BS48 4SX | Flat/Maisonette | £89,000 | 16 Jan 2026 |
APARTMENT 29, SAPPHIRE LODGE, CHRIST CHURCH CLOSE, NAILSEA BS48 1RT | Flat/Maisonette | £385,000 | 15 Jan 2026 |
11, MOORFIELD ROAD, BACKWELL BS48 3NU | Semi-detached | £335,011 | 15 Jan 2026 |
APARTMENT 4, 1 - 2, CROWN GLASS PLACE, NAILSEA BS48 1RD | Flat/Maisonette | £151,250 | 15 Jan 2026 |
3, MORGANS HILL CLOSE, NAILSEA BS48 4NZ | Detached | £625,000 | 7 Jan 2026 |
7, DOWNLAND CLOSE, NAILSEA |
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.
The average property in BS48 sold for £301,377 in 2026, with a median of £279,005.5 across 6 transactions. Prices fell 32.4% compared to the previous year.
| Semi-detached |
| £290,000 |
| 19 Dec 2025 |
34, CLOVER HILL WAY, BARROW GURNEY BS48 3EB | Detached | £845,000 | 18 Dec 2025 |
19, CLEVEDON ROAD, FLAX BOURTON BS48 1NQ | Detached | £980,000 | 18 Dec 2025 |
26, BLAKENEY GROVE, NAILSEA BS48 4RG | Detached | £475,000 | 17 Dec 2025 |
6, VOWLES CLOSE, WRAXALL BS48 1PP | Detached | £715,000 | 15 Dec 2025 |
104, CHURCH LANE, BACKWELL BS48 3JW | Detached | £790,000 | 15 Dec 2025 |
111, CHURCH LANE, BACKWELL BS48 3JW | Detached | £660,000 | 15 Dec 2025 |
20, ASH HAYES DRIVE, NAILSEA BS48 2LG | Detached | £465,000 | 12 Dec 2025 |
FLAT 32, PEGASUS COURT, 83, SILVER STREET, NAILSEA BS48 2BP | Flat/Maisonette | £175,000 | 12 Dec 2025 |
17, AMBERLANDS CLOSE, BACKWELL BS48 3LW | Terraced | £305,000 | 12 Dec 2025 |
21, YEOMEAD, NAILSEA BS48 1JA | Detached | £379,950 | 12 Dec 2025 |
11, STRAWBERRY CLOSE, NAILSEA BS48 4NX | Semi-detached | £275,000 | 11 Dec 2025 |
16, FOSSE CLOSE, NAILSEA BS48 2BE | Semi-detached | £179,297 | 11 Dec 2025 |
FLAT 37, PEGASUS COURT, 83, SILVER STREET, NAILSEA BS48 2BP | Flat/Maisonette | £299,000 | 10 Dec 2025 |
The most recent recorded sale in BS48 was a semi-detached property on Valley Gardens for £223,000 in January 2026. Across the last 20 sales, the median price was £379,950.