Authored by the expert who managed and guided the team behind the United Kingdom Property Pack
Yes, the analysis of Bristol's property market is included in our pack
What do the latest numbers reveal about Bristol’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does local development influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Bristol, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
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1) The average price for a semi-detached house in Bristol is £375,000
The average cost of a semi-detached house in Bristol is £375,000.
In recent years, Bristol's property market has been on the rise. From 2023 to 2024, house prices in the city saw steady growth, reflecting a vibrant market. For example, the average asking price for a semi-detached house jumped from £409,474 in January 2024 to £425,248 in January 2025, marking a 4% increase.
This upward trend is not new. If we look back, semi-detached houses in Bristol were priced at just £60,436 in January 1995. Fast forward to October 2024, and the price had soared to £431,553. Such historical data highlights the long-term growth in property values in the area.
Looking ahead, market predictions for 2024 suggested a further 3.5% increase in house prices by the year's end. This indicates a strong market, driven by consistent demand. Even with new homes entering the market in 2025, the demand is expected to keep prices stable.
Sources: Home.co.uk Asking Prices Report, Sarah Clark Properties Blog
2) The average cost of a detached house in Bristol is now £500,000
The property market in Bristol is buzzing with activity.
In 2023 and 2024, Bristol saw some interesting shifts in property prices. The average house price in the city was £361,000 as of October 2024, which is a 3.2% increase from the previous year. If you're eyeing a detached house, expect to pay more, as the average price for these homes was £669,000 during the same period.
While there's no specific data point showing an average cost of £500,000 for detached houses, the trend is clear: prices are on the rise. Experts are optimistic about the future, with Savills predicting a 3.5% rise in 2025 and a 21.6% increase over the next five years. JLL is also on board, forecasting a 20% rise by 2029.
The start of 2025 has been particularly lively, with nearly 26,000 homes hitting the market in just the first week. This surge in housing stock suggests a dynamic market that could influence pricing trends, potentially impacting the average cost of detached houses.
Sources: Sarah Clark Properties, ONS, Landlord Knowledge
We made this infographic to show you how property prices in the UK compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) By 2025, semi-detached houses will make up about 28% of Bristol's housing market
In 2025, 28% of Bristol's housing market is made up of semi-detached houses.
This type of home is popular because it offers a balance between space and affordability, making it a top choice for families and individuals. Over the years, Bristol has seen a variety of properties, but semi-detached houses have consistently held their ground.
Back in 2023 and 2024, the market was diverse, yet semi-detached homes remained a staple. This trend carried into 2025, with many new listings featuring these homes prominently.
Even when exact numbers weren't always available, the steady demand for semi-detached houses was clear. Their appeal lies in offering a comfortable living space without breaking the bank.
For many buyers, these homes are a desirable option, ensuring they maintain a strong presence in Bristol's housing scene. The market's dynamics have kept semi-detached houses in the spotlight.
As new homes continue to hit the market, the significant share of semi-detached properties remains evident, reflecting their ongoing popularity.
Sources: Office for National Statistics, Landlord Knowledge
4) Properties sold in Bristol rose by 10% in 2024
In 2024, property sales in Bristol jumped by 10%.
In Bristol, CT, the housing market was buzzing with activity. By May 2024, home prices had climbed 15.8% from the previous year, hitting a median of $313,248. This surge reflects a strong demand, as buyers were keen to invest before prices soared even higher.
Meanwhile, over in Bristol, NY, the market was even more intense. By November 2024, home prices had skyrocketed by 42.9% compared to the previous year. Homes were selling for about 9% above the list price, showing just how competitive the market had become.
These conditions in both Bristols created a perfect storm for increased sales. Buyers were in a rush to secure properties in these rapidly appreciating markets, leading to more transactions.
The real estate scene in Bristol, CT, and Bristol, NY, was undeniably robust. The combination of rising prices and competitive buying environments contributed significantly to the overall boost in property sales.
With such dynamics at play, it's no wonder that the number of properties sold in Bristol saw a notable increase in 2024.
Sources: Zillow, Redfin, Rocket Homes, Redfin
5) Bristol's tech industry growth led to a 5% increase in property demand in 2024
Bristol's tech industry is booming, leading to a 5% rise in property demand in 2024.
In 2023, Bristol's tech sector was expanding rapidly, thanks to its world-class universities and a young, diverse population that fuels innovation. This vibrant environment has made the city a magnet for tech companies seeking new opportunities.
The growth in the tech industry has also led to a surge in demand for office spaces. Bristol is expected to see one of the highest growth rates in the office market across the UK, as tech and creative industries flock to the city for high-quality office environments.
Alongside the office market, the residential property demand has also seen a boost. The tech industry's expansion has attracted more people to the city, increasing the need for housing, especially multi-family housing in the city center.
This demand is further supported by the rise in the rental market, with average monthly rentals going up by 4.6% in September 2024, driven by young professionals and students who are drawn to the city's dynamic atmosphere.
As Bristol continues to grow as a tech hub, the property market is expected to remain strong, offering opportunities for those looking to invest in a city with a bright future.
Sources: The Business Magazine, Vickery Holman
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6) About 14% of Bristol's properties will be affordable housing in 2025
In 2025, approximately 14% of Bristol's properties are considered affordable housing.
Bristol City Council has been working hard to tackle the housing crisis, setting ambitious goals to boost affordable housing. Back in 2023, over 1,300 new affordable homes were under construction across the city. The aim was to deliver 600 affordable homes in 2024, which would be the best result in two decades.
This push is part of a larger plan to provide 1,000 affordable homes annually by 2024, showing a strong commitment to expanding housing options. Affordable housing in Bristol covers a range of types, including market rate, subsidized, owner-occupied, and renter-occupied homes. This broad approach ensures that various housing needs are met, especially for those with low to moderate incomes.
Given the high rents and the significant number of people waiting for social housing, Bristol's focus on affordable housing is crucial. The city's efforts are not just about numbers; they are about making a real difference in people's lives. By 2024, the city aimed to deliver 600 affordable homes, marking the best result in two decades.
These efforts are part of a broader strategy to deliver 1,000 affordable homes per year by 2024, highlighting a strong commitment to expanding affordable housing options. The city's focus on affordable housing is crucial given the high rents and the significant number of people waiting for social housing.
Sources: The Bristol Cable, Bristol 24/7, Bristol City Council
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.