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Dorchester House Prices Dorchester House Prices

The average house price in Dorchester is £248,933 using HM Land Registry data.

The average property price increased by £46,341 (14.52%) over the last 5 years and increased by £9,262 (2.6%) over the last 12 months.

Over the last year, there were 310 residential property sales – a decrease of 176 transactions (-56.77%) relative to the previous year. The majority of house sales (67) were in the £150,000 - £236,000 range. Then came properties in the £236,000 - £322,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,455 (-2%).

In April 2024, there were 60 new estate agency instructions, 40 agreed home sales and 36 property price reductions.

Postcodes Covered: DT1

5-Year Average Property Prices in Dorchester

14.52%

Property prices in Dorchester increased by 14.52% 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 Dorchester Over the Last Year

2.6%

Property prices in Dorchester increased by 2.6% 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 Dorchester - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Dorchester

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 Dorchester

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 Dorchester

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 Dorchester since 1995

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

Recent Property Sales in Dorchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Lorne Road, Dorchester, Dorset, DT1 2LQ£195,000£191,000-£4,00001 Nov 202318 Mar 2024138 Days
28 Duchy Close, Dorchester, Dorset, DT1 2EL£175,000£170,000-£5,00018 Oct 202318 Mar 2024152 Days
11 Braemar Road, Dorchester, Dorset, DT1 2AR£360,000£345,000-£15,00016 May 202315 Mar 2024304 Days
6 Remus Close, Dorchester, Dorset, DT1 2TQ£495,000£485,000-£10,00010 Nov 202315 Mar 2024126 Days
3 Conway Walk, Dorchester, Dorset, DT1 2EJ£250,000£250,000£0001 Aug 202315 Mar 2024227 Days
4 Wellbridge Close, Dorchester, Dorset, DT1 2BJ£635,000£635,000£0021 Dec 202308 Mar 202478 Days
11 Woodlands Crescent, Poundbury, Dorchester, Dorset, DT1 3RQ£590,000£560,000-£30,00010 Feb 202301 Mar 2024385 Days
Flat 4, Brunel Court, Great Western Road, Dorchester, Dorset, DT1 1UD£150,000£145,000-£5,00027 Jun 202314 Feb 2024232 Days
Flat 48, Homechester House, High West Street, Dorchester, Dorset, DT1 1UQ£80,000£80,000£0019 Sep 202312 Feb 2024146 Days
2 Challacombe Square, Poundbury, Dorchester, Dorset, DT1 3SX£145,000£140,000-£5,00021 Nov 202306 Feb 202477 Days
39 Weatherbury Way, Dorchester, Dorset, DT1 2ED£400,000£400,000£0007 Oct 202302 Feb 2024118 Days
21 Icen Way, Dorchester, Dorset, DT1 1ER£450,000£430,000-£20,00010 Nov 202331 Jan 202482 Days
14 All Saints Road, Dorchester, Dorset, DT1 1EL£500,000£472,500-£27,50027 Sep 202326 Jan 2024121 Days
23 Hawthorn Close, Dorchester, Dorset, DT1 2PQ£255,000£250,000-£5,00002 Oct 202308 Jan 202498 Days
Flat 5, Swanbridge Court, London Road, Dorchester, Dorset, DT1 1NF£105,000£96,000-£9,00026 Dec 202215 Dec 2023354 Days
2 Tyberton Street, Poundbury, Dorchester, Dorset, DT1 3RB£445,000£445,000£0031 Aug 202314 Dec 2023105 Days
29 Mountain Ash Road, Dorchester, Dorset, DT1 2PB£495,000£495,000£0012 Sep 202312 Dec 202391 Days
10 Salisbury Street, Fordington, Dorchester, Dorset, DT1 1JU£365,000£350,000-£15,00004 Sep 202330 Nov 202387 Days
Flat 53, Grove Court, The Grove, Dorchester, Dorset, DT1 1XL£155,000£153,000-£2,00003 Oct 201629 Nov 20232613 Days
12 Chester Close, Dorchester, Dorset, DT1 2SA£280,000£270,000-£10,00022 Jun 202322 Nov 2023153 Days

Most Expensive Streets in Dorchester

PostcodeStreetAreaAverageNo. of Sales
DT1 3DURoyal PavilionPavilion Green£978,06216
DT1 3DEReeve LanePoundbury£830,0003
DT1 3EADukes ParadePoundbury£774,90010
DT1 2BSHerringston RoadDorchester£700,6663
DT1 2AUManor RoadDorchester£668,3184
DT1 2AXManor RoadDorchester£658,0003
DT1 2EWQueens AvenueDorchester£647,0005
DT1 2BYSouth Court AvenueDorchester£640,2504
DT1 3FNBindon Abbey StreetPoundbury£631,6663
DT1 3JESydenham SquarePoundbury£629,75010

Least Expensive Streets in Dorchester

PostcodeStreetAreaAverageNo. of Sales
DT1 3BYQueen Mother SquarePoundbury£55,4107
DT1 3DJHamslade CourtPoundbury£75,7506
DT1 1WNSignal House 4Bitter End£80,90011
DT1 1HHHigh East StreetDorchester£81,6663
DT1 1UQHomechester HouseHigh West Street, Dorchester£83,76319
DT1 1QPSalisbury MewsFordington£103,6663
DT1 2NFVictoria CourtCambridge Road£107,25012
DT1 2FBSt Martins PlaceDorchester£116,0836
DT1 3WEPeverell Avenue EastPoundbury£129,1005
DT1 2NERussell CourtLouise Road£130,2504

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