Bath property market update – Nov 2020

Bath property market update – Nov 2020.  A note of caution before we delve into the latest statistics – this isn’t a typical November by any stretch! What a rollercoaster of a year we’ve had thanks to Covid. Three months of strong trading up to March then two months of almost complete silence. The market returned with a real bang in May and continued at a frenetic pace. The announcement of the Stamp Duty holiday, combined with an increase in movements out of the big cities created a huge spike in demand. However, now we’re right in the middle of Lockdown 2 and, although the property industry is open, activity is down again. Should we expect a busier than normal December as a result? Time is ticking down to the SDLT holiday deadline (end of March 2021) but thanks to the recent increase in sales in the pipeline, solicitors, lenders and surveyors are busier than ever.

So, on to the latest stats. Please find below a selection of the latest headlines together with our usual collection of data. We have added comparison figures mostly from our November 2019 update although any comparison between a “normal” year and 2020 is a bit dangerous!


Property headlines

Asking prices are down 6 – 9% on average this Nov vs Nov 2019. However, selling prices are 6% up on average based on the latest Land Registry results (Aug 2020 vs Aug 2019)

Supply levels are up 9% this year vs Nov 2019.

There are 38% more apartments currently on the market compared to last year. This is likely to be linked to the fact that apartments are taking between 29% and 32% longer to sell than terraced or semi detached houses.



Below data collected today (16/11/20) in blue and compared against our Nov 2019 update (in red).

Total property on market in Bath

Rightmove – 823 vs 796

Zoopla – 730 vs 763

OnTheMarket – 472 vs 521 – 851 vs 797

New Instructions in last 14 days

Rightmove – 142 vs 105

Zoopla – 73 vs 67

OnTheMarket – search option not available – 77 vs 47

Average Time on Market

Less than 1 month – 19% vs 15.1%

Less than 2 months – 39.2% vs 31.6%

More than 1 year – 11% vs 10.1%

Bath property

Selling Time in Bath (last 90 days)

Mean – 43 days vs 124 days

Median – 114 days vs 62 days

Properties for Sale in Bath by Price

Under 200k – 6.5% vs 6.1%

200k to 300k – 21.1% vs 16.9%

300k to 500k – 36.1% vs 37.2%

500k+ – 36% vs 39.6%

Mean Selling Times in Bath by price bracket

100 to 200k – 204 days

200 to 300k – 101 days

300 to 400k – 122 days

400 to 500k – 100 days

500k to 1million – 113 days

1million+ – 112 days

Property on market by Type

Flats – 48.9% vs 39.1%

Terraced – 22.2% vs 23.3%

Semi-detached – 18.5% vs 21.9%

 Detached – 9.9% vs 15.7%


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