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Feb 12, 2022 · The Office for National Statistics data shows the median house price of a sale hit £314,000 in Bristol in the year to June 2021 – an increase of £38,500 compared to the previous 12 months. From gorgeous Georgian town houses to jaw-dropping penthouses, converted campervans to bargain boltholes.
- Sophie Wills
- 2 min
- How Have We Calculated It?
- What's It Like to Live in Bristol?
- How Can I Afford A Home as A First-Time Buyer?
- First-Time Buyer Affordability in The South West
- First-Time Buyer Affordability in The UK
We've looked at the average price of two-to-three bedroom homes - the most common type of property purchase for first-time buyers in Bristol. We've then taken the average mortgage advance from lenders in Bristol, and worked out both the average deposit required and the amount that needs to be earned based on buyers being able to borrow up to four t...
Bristol's eclectic atmosphere, independent venues and eco-friendly leanings make it the perfect city for many first-time buyers.While house prices can be expensive, the city remains in hot demand thanks to the enviable lifestyle on offer.Discover more about living in Bristol.
When looking to buy a first home, it’s key to build as big a deposit as possible. This allows you to borrow a lower percentage of the overall value of the property and provides lenders the security to give you a better mortgage rate. Aim for a minimum 10% deposit. It is possible to put down a deposit of just 5% in some cases, but this means the int...
If affordability for first-time buyers in and around Bristol still seems stretched, then a look at the overall picture of the South West in our map, below, explains why. Other than pockets in Cornwall and Devon, the areas around Bristol, Bathand the Mendip Hills are some of the priciest around. For more choice in stepping on to the ladder, first-ti...
If you're prepared to cast your search further afield, then our first-time buyer affordability map of the UK, will help. While London and the South East will stretch affordability, there are plenty of areas where those with household earnings of under £30,000 can take a first step on the ladder. It's also worth noting that while the UK-wide map mig...
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House price £354,000. The average house price in Bristol was £354,000 in August 2024 (provisional), up 2.6% from August 2023. Across the South West, there was little change in the average house...
How much does a house cost to buy in Bristol? The average cost of a house in Bristol is £342,200 although you can find properties for less and more than this. How much it costs to buy in Bristol really depends on what property type you're looking at and where you're wanting to buy.
Bristol property prices. The average property price in Bristol postcode area is £372k, the median price is £325k. The average price declined by £-8.2k (-2%) over the last twelve months. The price of an established property is £371k. The price of a newly built property is £393k.
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Feb 27, 2022 · Below are the average house prices in October 2000 and October 2021 in all Bristol postcodes, according to Rightmove: BS1. October 2000: £146,687. October 2021: £252,667. BS2. October 2000:...
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