Homes in Bath, England, Feature Heavily in ‘Bridgerton’—and Command Robust Demand in Real Life
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
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
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 enroll 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%.
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The Republican nominee says it would help bring down home prices, though these buyers account for a fraction of U.S. home sales
Former President Donald Trump said he would ban undocumented immigrants from obtaining home mortgages, a move he indicated would help ease home prices even though these buyers account for a tiny fraction of U.S. home sales.
Home loans to undocumented people living in the U.S. are legal but they aren’t especially common. Between 5,000 and 6,000 mortgages of this kind were issued last year, according to estimates from researchers at the Urban Institute in Washington.
Overall, lenders issued more than 3.4 million mortgages to all home purchasers in 2023, federal government data show.
Trump, the Republican presidential nominee, made his comments Thursday during a policy speech to the Economic Club of New York in Manhattan.
Housing remains a top economic issue for voters during this presidential election. Rent and home prices grew at historic rates during the pandemic and mortgage rates climbed to levels not seen in more than two decades. A July Wall Street Journal poll showed that voters rank housing as their second-biggest inflation concern after groceries.
Both major candidates for the 2024 presidential election have made appeals to voters on housing during recent campaign stops, though the issue has so far featured more prominently in Vice President Kamala Harris ’s campaign.
Trump has blamed immigrants for many of the nation’s woes, including crime and unemployment. Now, he is pointing to immigrants as a cause of the nation’s housing-affordability crisis. Yet some affordable-housing advocates and real-estate professionals said Trump’s mortgage proposal would fail to bring relief to priced-out home buyers.
“It’s unfortunate that given the significant housing affordability crisis that is widely acknowledged across most partisan lines, we are arguing about a minuscule segment of the market,” said David Dworkin, president of the National Housing Conference, an affordable-housing advocacy group.
Gary Acosta, chief executive of the National Association of Hispanic Real Estate Professionals, a trade organization, said, “It’s just another effort to vilify immigrants and to continue to scapegoat them for any issues that we have here in the United States.”
A Trump campaign spokeswoman didn’t immediately respond to a request for comment.
Undocumented immigrants in the U.S. can obtain an obscure type of mortgage designed for taxpayers without Social Security numbers, most of whom are Hispanic. The passage of the USA Patriot Act of 2001 allowed banks to use identification numbers from the Internal Revenue Service as an alternative to Social Security, extending a number of financial services to people without legal status for the first time.
Mortgage loans for undocumented immigrants are typically higher interest and borrowers include legal residents who have undocumented spouses, Acosta said. Lenders include regional credit unions and community-development financial institutions.
In his speech, Trump said that “the flood” of undocumented immigrants is driving up housing costs. “That’s why my plan will ban mortgages for illegal aliens,” he said.
Trump didn’t elaborate on how he would enact a ban on such loans.
Though mortgages for undocumented people living in the U.S. are relatively rare, residential real-estate purchases by foreign nationals are big business , especially in expensive coastal cities such as New York and Los Angeles. These sales have declined in recent years, however.
Close to half of foreign purchases are made by people residing abroad, while the other half are made by recent immigrants or residents on nonimmigrant visas, according to an annual survey by the National Association of Realtors. Many affluent foreigners buy U.S. homes with cash instead of obtaining mortgage financing.
In his Thursday speech, which focused mostly on other economic matters such as energy and taxation, Trump proposed other measures to bring down housing costs, including cutting regulations for builders and allowing more building on federal land. Similar ideas appeared in the housing policy outline Harris released in August .
The former president has spoken on housing-related issues in speeches at other recent campaign stops, including in Michigan last month, where he touted his administration’s 2020 overturn of a policy that had encouraged cities to reduce racial segregation .
“I keep the suburbs safe,” Trump said. “I stopped low-income towers from rising right alongside of their house. And I’m keeping the illegal aliens away from the suburbs.”
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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.