Property Data OutlookBS23
23,209 recorded transactions · Part of North Somerset
Compare with another area →Market outlook for BS23
Key indicators for buyers
The BS23 market presents a mixed picture for buyers. Prices are rising at 20.7%, 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.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Somerset price of £282,566 with a 25% deposit (£71k), a 2-year fixed mortgage at 3.97% costs around £1,115 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses BS23 avg. price with North Somerset rental data
Monthly mortgage payments (£1,115) are £78 less than renting (£1,193). However, buying requires an upfront deposit of £71k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, ST PETERS AVENUE BS23 2JU | Detached | £410,000 | 23 Jan 2026 |
14, WINGARD CLOSE, UPHILL BS23 4UL | Detached | £465,000 | 19 Jan 2026 |
7, WILLOW CLOSE, UPHILL BS23 4SJ | Detached | £462,000 | 16 Jan 2026 |
FLAT 2, 64, WALLISCOTE ROAD BS23 1EB | Flat/Maisonette | £134,000 | 14 Jan 2026 |
18, TIVOLI HOUSE, BOULEVARD BS23 1PD | Flat/Maisonette | £240,000 | 13 Jan 2026 |
FLAT 4, ALBANY, EASTFIELD PARK BS23 2PF | Flat/Maisonette | £176,000 | 12 Jan 2026 |
57, OTTAWA ROAD BS23 4PR | Flat/Maisonette |
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.