Postcode District:
BS1
Postcode District Name:
Bristol
Location:
The BS1 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashley, Bristol, Cabot, Clifton, Lawrence Hill, Redcliffe, St Augustines, Temple Meads.
|
Amenities:
Notes:
If you have any comments about BS1 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about BS1" section.
A Mouseprice property guide for BS1 Bristol is coming soon. In the meantime, please have a look at the raw data and statistics about BS1 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in BS1 is 2454 homes.
Property in this postcode district (BS1) has been growing at a nominal annual rate of 11.6% over the last 5 years. This rate can be indicative ofa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
The average property in this postcode district was valued at £236638 over the last 3 months.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 8.8.
New transactions as a percentage of overall sales are 40.6%.
Housing stock:
Over half of the properties in the area are Flats, at 85.6% of the total housing stock.
Detached Houses account for the lowest percentage of the housing stock in this district, at only 1.7%.
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is higher than the national average of £187894 at £258023.
Who lives here:
Total population in this area is 4877.
This is one of the youngest places in the country, with an average age of 27.
Single people make up 67.9% of the population in this postcode district.
Average working hours in this area for men are 40 and for women are 32.
This area has 18.3 people per square kilometre.
The largest source of work in this area is Real Estate (21.9% of workers), followed by Wholesale & Retail (14.1%).
This area has one of the highest proportions of degree educated people in the country, at 30.6%.
40% of properties sold within the last six years in BS1 have been new builds. The district is receiving a massive £240 million regeneration project. The project is well underway and offers a mix of residential and commercial usage property, as well as significant restoration of the public spaces. There is good access to public transport, via Temple Meads station which is nearby. The area is expected to receive a significant boost from the opening of several regional headquarters for financial services organisations.
|