The small historic city is full of charm, from period architecture to top schools, which has lead to significant price growth over the past five years
6 min
Bath has long been known for its genteel pleasures and civility.
It came to prominence 2,000 years ago as a religious spa where people worshiped the Roman goddess Sulis Minerva and bathed in the natural thermal spring waters that still flow with hot water today. In the early 1700s it re-emerged as a spa resort, attracting fashionable society as resident Jane Austen observed in her novels.
The city has come to the fore yet again thanks to the Netflix series “Bridgerton,” since many of its well-preserved heritage sites, stone-flagged streets and wisteria-clad mansions form a glamorous backdrop to the show’s high-society Regency world.
For instance, the city’s Holburne Museum acts as Lady Danbury’s townhouse. No. 1 Royal Crescent was used as the Featheringtons’s London home, while the Abbey Deli on Abbey Street was transformed into the Modiste dress shop, and Bath Assembly Rooms served as the venue for Lady Danbury’s ball in the first season. Glimpses of Bath, particularly its City Centre neighbourhood, are back as the first part of season three was released on Thursday.
Boundaries
Bath lies in the River Avon valley 97 miles west of London, between the Cotswold Hills and the Mendips. To the north, the city centre is bounded by Lansdown Road, to the east by the A46 highway, and the south by the A36 and the end of the Lower Bristol Road to the A4 highway. The river runs through the city, dividing it north from south, and there are four main bridges. The Roman Baths lie at the heart of the city, close to the great medieval church, Bath Abbey. The most iconic streets—some of which featured in “Bridgerton”—are the Royal Crescent and the Circus, which are a short walk from the baths and feature sweeping classical facades.
Price Range
David Mackenzie, partner at broker Carter Jonas, said the typical house price is £900,000 to £1 million, reaching up to £6 million for more expensive properties.
One- and two-bedroom apartments fetch between £200,000 to £400,000.
Prime prices cost about £1,000 per square foot, said Savills property consultant Christine Penny.
Housing Stock
Since Bath is a Unesco World Heritage City, its historical environment is protected, so it does not expand. The centre contains tall Georgian townhouses, while there is more modern housing on the infill sites created when the city was bombed during World War II. A Georgian townhouse usually has five stories and 100 stairs.
“They were built with entertaining in mind with large reception rooms, grand proportions, high ceilings, big windows and fireplaces. They have a doll’s-house look,” Mackenzie said. “Many have railings at the front and wrought-iron balconettes.”
Parking is at a premium; the Georgians built stables and coach houses at the back of properties but many have since been converted into residences. A garage can cost as much as £200,000 and a secure car-parking space £100,000.
Bathwick Hill and Weston Park also feature Regency villas that are individual in style, unlike the uniform feel of the monumental Georgian terraces.
“The Grand Tour of the day inspired the architects of that era because a lot of the houses will have beautiful pediments and columns that are almost Grecian in feel,” Penny said.
Villas are usually 5,000 to 6,000 square feet in size set within grounds of 0.5 to 1 acre. Such properties are rare, coming on the market once a year and can command between £3 million and £10 million.
What Makes It Unique
“Bath is a lovely mix of town and country life because it is such a small city, added to which it is very beautiful and very safe,” Mackenzie said, calling out the several bodies of water that cut through the city.“It’s very historic, but more recently what has attracted people to Bath is that it’s got very good schools and the University of Bath.”
Former radio producer Penny Faux and her composer husband, Steven, moved to Bath from London with their young family. They were attracted by the city’s beautiful buildings, lack of urban sprawl and good schools. Faux also cited its vibrant arts scene as a draw.
“Bath punches above its weight, with good theatre and music festivals,” Faux said. “It’s also an international place, home to a university and many language schools.”
Bath also has good transport links, including an international airport and train connections into London in 90 minutes.
“It’s immensely attractive with period properties interspersed with lots of public space and parks,” Savills’s Penny said. “We have a university that attracts overseas students. We are a global destination.”
Luxury Amenities
Bath is a lively place with an excellent shopping centre and numerous restaurants, including the Michelin-starred Olive Tree. To relax, there is the Thermae Bath Spa with its natural springs, Royal Victoria Park and the Botanical Gardens on the edge of Royal Crescent. For sports, there are Tracy Park and Lansdown golf clubs to the north, and the Manor House Hotel golf club at Castle Combe.
Bath has much to offer culturally with numerous art galleries and museums, as well as music, literary and film festivals. The Theatre Royal stages shows pre and post runs in London’s West End.
Among the top-ranked private schools on the north side are two day and boarding schools that enrol students from pre-kindergarten through high school: the Royal High School Bath school for girls and the co-ed Kingswood.
On the south side, King Edward’s School is co-ed day school geared toward pupils from pre-K to 12th grade. The co-ed Paragon School is for children aged three to 11. Prior Park College is a mixed Catholic day and boarding school for children ages 11 to 18.
Who Lives There
“Bath attracts people with connections outside of the area; a lot of people who work in London. People who move to Bath with their children tend to stay here, so we do have retirees,” Penny said.
There’s also an arts crowd in Bath that goes back to residents like writers Austen and Mary Shelley, Mackenzie said. “It’s also got a lot of academics who love its history, as well as high-net-worth individuals who come for the schools and because it’s safe, yet can get into London very quickly by train.”
Notable Residents
Mackenzie said the city is a lure for the famous because “you can blend in in Bath.” It’s been home at one time or another to many actors, from Indira Varma of “Game of Thrones,” to John Cleese and Nicolas Cage , according to published reports.
Also from the arts, designer Manolo Blahnik reportedly made Bath his home 43 years ago and lives in a Georgian townhouse on Camden Crescent by architect John Eveleigh.
Outlook
Mackenzie said prices have increased 15% to 20% over the past five years. At present, it takes on average six to eight weeks for a home to sell. But Mackenzie said that properties in locations such as the Circus, the Royal Crescent, St James’s Square, Lansdown Crescent and Widcombe along the canal sell quickly.
“Property in Bath always holds its value because housing stock never increases, there’s never a flood of properties that come to the market,” he said.
“Bath stands its ground,” said Penny. She said the first quarter of 2024 had been very busy and the value of prime property rose in value 0.6% compared to the previous year.
Mackenzie said prices will remain stable in what is an election year but if a new government reduces stamp duty that may nudge prices up 5%.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
The Australian leather house has opened an immersive four-day pop-up in Manhattan, unveiling its Bloom Collection and redefining what a product launch can look like.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
The US housing market remains under pressure as high mortgage rates continue to weigh on affordability and demand. Industry leaders say 2026 has been one of the toughest years for home sales, with slower price growth, weaker mortgage activity, and fewer buyers entering the market. However, experts say reduced competition and more price cuts could create opportunities for well-prepared buyers.
2 min
The typically busy spring season for the housing market was a dud, and the summer isn’t looking much brighter.
Housing services companies like Zillow Group and Rocket RKT +3.78% were loud and clear last week on earnings calls: Rocket CEO Varun Krishna called the quarter through June “one of the toughest spring housing markets in years.”
Jeremy Hofmann, Zillow’s chief financial officer, said on a conference call that the company predicted earlier this year that the market for mortgages would be flat. “We actually now think it’s going to be down low-to-mid-single digits,” he said.
The rest of 2026 will remain challenging for mortgage origination volume, says KBW analyst Bose George. The question now is what happens in 2027. “If mortgage rates remain [around] 6.75%, I think that’s going to be challenging even for next year,” he says.
But what’s bad news for mortgage companies could be a positive for bargain hunters. Buyers can expect prices to grow more slowly—or mildly decline—with less competition as long as mortgage rates remain unpredictable.
Mortgage rates at the beginning of the year were solidly below year-ago levels, notes Zillow senior economist Kara Ng. But they surpassed last year’s levels recently, she adds, referencing Freddie Mac’s weekly survey of 30-year fixed mortgage rates. Last week’s reading, at 6.69%, was higher than year-ago levels for the first time in 2026.
“From the affordability point of view, it’s going to get more challenging in the second half of the year,” she says. “And when affordability gets more challenging, that impacts sales and home price appreciation.”
Mortgage application data tracked by the Mortgage Bankers Association has cooled since the beginning of the year. The trade group expects that the number of mortgage originations in the remaining two quarters will lag behind last year’s levels, after exceeding 2025 levels in the first half.
Rocket’s early-stage data—which the company told Barron’s it derives from its brokerage Redfin, demand for its mortgage products, and signs in its servicing portfolio that a homeowner is preparing to refinance or move—“leads us to expect the third quarter mortgage market to be smaller than the second,” Chief Financial Officer Brian Brown, said on the company’s call. He added that such an occurrence is “something the industry has not seen since 2022.”
Prices will be about flat nationally, Ng says. Zillow’s most recent forecast, which shows how values are expected to change in the year ending June 2027, show them dropping in roughly half of the 100 largest U.S. metros for which data is available.
Buyers aren’t rushing in at a time when mortgage costs are rising and unpredictable. But those with the right combination of patience and cash could stand to benefit. “If you are financially qualified to buy a starter home, you are facing less competition and you’re more likely to get a price cut,” Ng says.
