The average price of a first-time buyer property in Bristol costs around £257,493.
There are many attractive areas of Bristol for first-time buyers to look at settling, with some houses for sale in Bristol being a lot more affordable than others, so we can see why you’re thinking about a Bristol move.
We’ve put together this guide featuring some of the most affordable areas to buy various property types in Bristol, making them the ideal place to buy your first home.
First-time buyers spent an average of £257,493 on their first home in Bristol in December 2018 according to the UK House Price Index. We will show you what type of property the average first-time buyer budget of £257,493 can get you in Bristol, based on Zoopla’s current average asking prices for all property types in Bristol.
|Area of Bristol||Type of Property||Current Asking Price|
|2 bedroom house||£218,333|
|Henbury||3 bedroom house||£220,370|
|Filton||2 bedroom house||£223,975|
|Bedminster||2 bedroom flat||£229,853|
|Avonmouth||3 bedroom house||£236,050|
|Patchway||2 bedroom house||£237,400|
|Totterdown||2 bedroom flat||£240,000|
|Stockwood||2 bedroom house||£247,998|
|Fishponds||2 bedroom house||£256,111|
|Kingswood||3 bedroom house||£259,534|
In the last year, the average sold price of houses in Nailsea was £348,377 for all property types, with semi-detached properties selling for an average of £299,787 and terraced properties sold for £280,757, according to Rightmove.
Situated close to the city centre of Bristol and the seaside town of Weston Super Mare, Nailsea offers the perfect location for first-time buyers to have an easy commute to many areas of Bristol and even to Newport.
With the majority of house sales being terraced properties selling for an average of £233, 944, Henbury offers plenty of housing options for first-time buyers. Flats sold for an average of £163, 893 and semi-detached homes selling for £269,341.
Henbury offers a mixture of both new and old properties as well as many “outstanding” rated schools for families. Close to the centre of Bristol, Henbury is only a 30-minute drive to Weston Super Mare and just 50 minutes to Cardiff.
Most property sales in Filton in the last 12 months were terraced houses, selling for an average of £282,273, whilst semi-detached properties sold for an average price of £310,100 and flats at £171,050.
Filton offers an overall average price of all property types at £270,030, which first-time buyers will be pleased to hear. Housing in Filton is made of mainly modern new builds as well as townhouses and flats and homes built in the 1930s.
A family-friendly area, Filton is also close to the University of the West of England (UWE) making it popular with students too. There are plenty of Shared Ownership properties available in Filton, making it the ideal place for a first-time buyer.
Recent developments in Bedminster has seen plenty of townhouses and apartments created in addition to the many Victorian terraced properties that are available for first-time buyers to take their pick from. In the last year, properties sold for an overall average price of £308,615, with flats selling for £220,708 and semi-detached properties selling for £335,207.
Home to Bristol’s first ever zero-waste shop, Bedminster offers a wide variety of restaurants and bars throughout North Street. Bedminster attracts families as well as young professionals, proving to be a perfect area for first-time buyers to reside in.
Avonmouth is the perfect location for first-time buyers in Bristol, with extremely affordable house prices. The overall average price of all property types in the last year was £190,520.
Avonmouth offers a variety of property types as well as having a family-friendly feel to the area. With a range of Victorian terraces, 1930 and 1950’s houses and new build properties, Avonmouth has something for every first-time buyer.
Avonmouth property sold prices within the last year were cheaper than many of its nearby areas such as Shirehampton and Coombe Dingle.
The overall average price paid for houses for sale in Patchway over the last year was £248,234, with terraced homes going for £232,782, semi-detached houses selling for £270,799 and flats selling on average for £199,369.
The M5, M4 and M25 are all easily accessible from Patchway Bristol, making it an easy commute for first-time buyers. Local employers such as Rolls Royce, Royal Mail, Airbus, and the Ministry of Defence offer plenty of job opportunities in Patchway.
With an overall average price of £303,240 for all property types, Totterdown offers plenty of opportunities for first-time buyers in Bristol. Totterdown’s housing situation sees lots of old but smaller build properties, with something suitable for every taste.
Home to the steepest street of houses in England, Totterdown is perfectly situated for first-time buyers being just a 15-minute walk from Temple Meads train station. Many of Totterdown’s primary and secondary schools are rated “good” with many “outstanding” features attracting young families.
To top it off, Totterdown was voted the 6th “hippest place to live in Britain” by The Times, attracting many young buyers in the area.
Stockwood is another affordable area of Bristol for first-time buyers. With a variety of modern build homes and apartments as well as properties built in the 1960s, the overall average price paid for a property in the last year in Stockwood was £224,723.
Property is cheap in Stockwood, with semi-detached properties selling for an average of £244,940, terraced properties selling for £201,822 and flats selling at £127,095 in the last year. Just a 20-minute drive into the centre of Bristol, Stockwood provides the perfect base for first-time buyers and commuters.
During the last year, terraced properties in Fishponds sold for an average price of £265,664, making up the majority of property sales. The overall average of property sales in Fishponds sold at £255,071, with semi-detached properties going for an average of £278,141 and flats fetching £185,051.
Fishponds is predominately made up of Victorian terraces with a few semi-detached and detached homes available too, proving to have something for every first-time buyer looking to settle in the Fishponds area.
A good mixture of period terraces and modern flats, Kingswood is another affordable area of Bristol for first-time buyers. In the last year, the overall average price paid for a property in Kingswood was £229,288.
The majority of properties sold in the last year were terraces, selling for on average £229,286, semi-detached houses sold for £254,227 and flats sold for an extremely affordable £145,803. Just a 19-minute drive to the centre of Bristol, Kingswood offers something for everyone.
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