Bath
Residential market update
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020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
01225 747256
Email
David Mackenzie
Head of Residential Sales
01225 747256
Email
Sharon Hunter
Associate Partner, Lettings
The average property price in Bath is approximately £407,000. This figure reflects a minor year-on-year decline of less than 1%, a reversal largely concentrated over the summer.
AUTUMN 2025
Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026.
The strong price increase following the pandemic has since eased. In both Bath and the wider South West region, residential prices are about 2% below their September 2022 peak.
In the rental market, average rents in Bath are £1,755 per calendar month. This follows rapid rental growth of almost 25% over the last three years with strong tenand demand and a tight supply of available rental properties.
While growth has been easing across most other parts of the country this year, Bath's annual rental growth remains robust at nearly 10%. This significantly exceeds the average growth of 5.7% across the UK.
Average property price
Annual growth
House price forecast for 2025
BATH:
SOUTH WEST:
£406,978
£306,148
-0.9%
1.4%
BATH:
SOUTH WEST:
XX%
XX%
OXFORD:
UK:
Average rental
price
Annual growth
Key indicators
SALES
LETTINGS
£1,755
£1,348
BATH:
UK:
9.5%
5.7%
BATH:
UK:
1%
2%
25%
10%
Forecasts
Data dashboard
Bath house
price growth
2026
2028
2030
South West house price growth
2026
2028
2030
UK
house price growth
2026
2028
2030
Interest rate forecasts
2026
2028
2030
Average monthly mortgage repayment**
2.3%
5.0%
5.7%
1.5%
4.5%
5.2%
2.3%
5.3%
6.2%
3.67%
2.90%
2.50%
£1,909
£1,732
£1,552
4.43%*
3.5%
2.5%
SALES market
rental market
Average sales
price
12 months ago
curreNT
£410,497
£406,978
912
732
Properties available monthly
140
104
Properties sold
monthly
1.16%
1.02%
Average discount on initial asking price
75
59
Average days on the market
curreNT
12 months ago
£1,603
£1,755
Average rental price (pcm)
513
450
Properties available monthly
27
28
Average days on the market
(assume average house price of £406,978)
£1,864
4.2%
£1,640
3.0%
01225 747256
Email
David Mackenzie
Head of Residential Sales
Example mortgage rate
Note: Bath data refers to all of Bath and North East Somerset
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.