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Bournemouth House Prices Bournemouth House Prices

The average house price in Bournemouth is £334,280 using HM Land Registry data.

The average property price increased by £90,298 (32.02%) over the last 5 years and increased by £18,047 (5.09%) over the last 12 months.

Over the last year, there were 2,136 residential property sales – a decrease of 1,116 transactions (-52.25%) relative to the previous year. The majority of house sales (583) were in the £244,000 - £338,000 range. Then came properties in the £150,000 - £244,000 range, where 486 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 98 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,976 (-2%).

In April 2024, there were 608 new estate agency instructions, 361 agreed home sales and 328 property price reductions.

Neighbouring Areas: Christchurch, Poole

Postcodes Covered: BH1, BH10, BH11, BH13, BH2, BH3, BH4, BH5, BH6, BH7, BH8, BH9

5-Year Average Property Prices in Bournemouth

32.02%

Property prices in Bournemouth increased by 32.02% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Bournemouth Over the Last Year

5.09%

Property prices in Bournemouth increased by 5.09% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Bournemouth - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Bournemouth

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Bournemouth

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Bournemouth

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Bournemouth since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bournemouth area since 1995.

Recent Property Sales in Bournemouth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
108 Rempstone Road, Merley, Wimborne, Bournemouth, Christchurch And Poole, BH21 1SX£499,950£490,000-£9,95024 Mar 202214 Sep 2022174 Days
53 Kimberley Road, Bournemouth, Bournemouth, Christchurch And Poole, BH6 5DB£550,000£550,000£0007 Jun 202212 Sep 202297 Days
1b, Pinecliffe Avenue, Bournemouth, Bournemouth, Christchurch And Poole, BH6 3PY£525,000£525,000£0021 Jun 202207 Sep 202278 Days
29 Nortoft Road, Bournemouth, Bournemouth, Christchurch And Poole, BH8 8QA£334,950£325,000-£9,95004 Mar 202206 Sep 2022186 Days
1 Copsewood Avenue, Queens Park, Bournemouth, Bournemouth, Christchurch And Poole, BH8 9NG£700,000£685,000-£15,00025 Apr 202206 Sep 2022134 Days
20a, West Overcliff Drive, Bournemouth, Bournemouth, Christchurch And Poole, BH4 8AA£1,500,000£1,327,500-£172,50017 Jun 202205 Sep 202280 Days
12 King Street, Wimborne, Dorset, BH21 1DY£700,000£695,000-£5,00018 Feb 202201 Sep 2022195 Days
31 Watcombe Road, Southbourne, Bournemouth, Bournemouth, Christchurch And Poole, BH6 3LU£825,000£825,000£0029 Mar 202226 Aug 2022150 Days
6 Branksome Wood Gardens, Bournemouth, Bournemouth, Christchurch And Poole, BH2 6DD£750,000£735,000-£15,00030 Jun 202126 Aug 2022422 Days
6 Dibden Close, Throop, Bournemouth, Bournemouth, Christchurch And Poole, BH8 0EN£240,000£237,000-£3,00009 Jun 202226 Aug 202278 Days
Flat 8, St Margaret's, St Valerie Road, Bournemouth, Bournemouth, Christchurch And Poole, BH2 6PE£234,950£234,950£0027 Apr 202225 Aug 2022120 Days
44 Southwood Avenue, Southbourne, Bournemouth, Bournemouth, Christchurch And Poole, BH6 3QB£950,000£900,000-£50,00012 Oct 202122 Aug 2022314 Days
21 King Edward Avenue, Bournemouth, Bournemouth, Christchurch And Poole, BH9 1TY£500,000£500,000£0002 Feb 202222 Aug 2022201 Days
77 Foxcroft Drive, Wimborne, Dorset, BH21 2JY£310,000£300,000-£10,00009 Jun 202022 Aug 2022804 Days
7 Canford Bottom, Wimborne, Dorset, BH21 2HA£525,000£525,000£0014 Apr 202219 Aug 2022127 Days
10 Fairfield Close, Wimborne, Dorset, BH21 2PT£750,000£735,000-£15,00020 Apr 202219 Aug 2022121 Days
43 Award Road, Ferndown, Wimborne, Dorset, BH21 7NT£400,000£390,000-£10,00022 Apr 202219 Aug 2022119 Days
9 Colborne Avenue, Colehill, Wimborne, Dorset, BH21 2PZ£490,000£485,000-£5,00010 Mar 202219 Aug 2022162 Days
6 Sandy Close, Wimborne, Dorset, BH21 2NG£525,000£515,000-£10,00024 Jan 202218 Aug 2022206 Days
89 Tarrant Road, Muscliff, Bournemouth, Bournemouth, Christchurch And Poole, BH9 3PX£335,000£329,000-£6,00011 Apr 202217 Aug 2022128 Days

Most Expensive Streets in Bournemouth

PostcodeStreetAreaAverageNo. of Sales
BH21 2RUKyrchil WayWimborne£1,345,2544
BH4 8JNCassel AvenueBournemouth£1,290,0004
BH21 3BDArrowsmith RoadWimborne£1,250,0004
BH21 5JEGussage St MichaelWimborne£1,156,6663
BH3 7BBBerwick RoadBournemouth£1,148,3333
BH4 9NWLittle Forest RoadBournemouth£1,101,0006
BH6 4ESClowes AvenueBournemouth£1,025,0003
BH3 7DGAlyth RoadBournemouth£1,025,0004
BH4 8DPStudland RoadBournemouth£1,001,6663
BH4 8JWBranksome Dene RoadBournemouth£976,5628

Least Expensive Streets in Bournemouth

PostcodeStreetAreaAverageNo. of Sales
BH2 6QAWimborne RoadBournemouth£71,7147
BH8 8LFWellington RoadBournemouth£85,10010
BH1 1QRLansdowne GardensBournemouth£87,3758
BH1 4BDChristchurch RoadBournemouth£88,28510
BH1 2JUSt Peter's CourtSt Peters Road£92,13315
BH2 5ATCommercial RoadBournemouth£93,0836
BH8 8AYHoldenhurst RoadBournemouth£94,4005
BH5 2BJParkwood RoadBournemouth£98,3333
BH1 4HQRandolph RoadBournemouth£98,3333
BH2 6PRLeonard Hackett Court 13-15St Winifreds Road£99,0836

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