New Milton House Prices New Milton House Prices

The average house price in New Milton is £257,768 using HM Land Registry data.

The average property price increased by £108,610 (36.48%) over the last 5 years and increased by £21,707 (5.64%) over the last 12 months.

Over the last year, there were 152 residential property sales – a decrease of 78 transactions (-51.32%) relative to the previous year. The majority of house sales (40) were in the £150,000 - £254,000 range. Then came properties in the £254,000 - £358,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,997 (-3%).

In April 2024, there were 32 new estate agency instructions, 33 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in New Milton

36.48%

Property prices in New Milton increased by 36.48% 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 New Milton Over the Last Year

5.64%

Property prices in New Milton increased by 5.64% 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 New Milton - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 New Milton

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 New Milton

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 New Milton

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 New Milton since 1995

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

Recent Property Sales in New Milton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 29, Lakeside Pines, Barrs Avenue, New Milton, Hampshire, BH25 5GQ£189,950£182,000-£7,95005 Oct 202326 Mar 2024173 Days
36 Ashdown Walk, New Milton, Hampshire, BH25 6TX£325,000£292,000-£33,00012 May 202312 Feb 2024276 Days
35 Rosewood Gardens, New Milton, Hampshire, BH25 5NA£459,950£415,000-£44,95018 Sep 202329 Jan 2024133 Days
7 Chaffinch Close, New Milton, Hampshire, BH25 6RF£340,000£320,000-£20,00028 Feb 202326 Jan 2024332 Days
40 Hobart Road, New Milton, Hampshire, BH25 6EG£565,000£557,500-£7,50022 Aug 202312 Jan 2024143 Days
39 Davis Field, New Milton, Hampshire, BH25 6SS£225,000£215,000-£10,00001 Nov 202309 Jan 202469 Days
8 Walnut Close, New Milton, Hampshire, BH25 5JW£499,950£490,000-£9,95002 Oct 202305 Jan 202495 Days
45 Hazelwood Avenue, New Milton, Hampshire, BH25 5LX£399,950£385,000-£14,95005 May 202314 Dec 2023223 Days
50 Hazelwood Avenue, New Milton, Hampshire, BH25 5LX£585,000£525,000-£60,00018 Feb 202314 Dec 2023299 Days
32 Longleat Gardens, New Milton, Hampshire, BH25 5XF£179,950£175,000-£4,95024 Aug 202304 Dec 2023102 Days
Flat 34, Homemill House, Station Road, New Milton, Hampshire, BH25 6HX£94,950£88,000-£6,95008 Sep 202201 Dec 2023449 Days
15 Buckingham Walk, New Milton, Hampshire, BH25 5XH£142,950£142,950£0024 Aug 202324 Nov 202392 Days
42 Longleat Gardens, New Milton, Hampshire, BH25 5XF£280,000£260,000-£20,00015 May 202310 Nov 2023179 Days
26 Cowper Avenue, New Milton, Hampshire, BH25 6NY£650,000£592,500-£57,50007 Jul 202310 Nov 2023126 Days
1 Beaulieu Close, New Milton, Hampshire, BH25 5UX£269,950£261,800-£8,15014 Jul 202301 Nov 2023110 Days
3 Rosecrae Close, New Milton, Hampshire, BH25 5NJ£650,000£650,000£0027 Jun 202330 Oct 2023125 Days
43 Velvet Lawn Road, New Milton, Hampshire, BH25 5GE£725,000£700,000-£25,00022 Sep 202330 Oct 202338 Days
6 Hobart Road, New Milton, Hampshire, BH25 6EG£399,995£397,500-£2,49504 May 202327 Oct 2023176 Days
Glenorchy, Christchurch Road, New Milton, Hampshire, BH25 6QB£375,000£352,500-£22,50029 Jul 202319 Oct 202382 Days
56 Rosewood Gardens, New Milton, Hampshire, BH25 5NA£400,000£380,000-£20,00026 Jun 202317 Oct 2023113 Days

Most Expensive Streets in New Milton

PostcodeStreetAreaAverageNo. of Sales
BH25 6NZOrchard GroveNew Milton£742,5004
BH25 5HSBarrs Wood RoadNew Milton£742,4005
BH25 5LALake Grove RoadNew Milton£727,6663
BH25 6NWBarton Court RoadNew Milton£726,6663
BH25 5HQBrook Avenue NorthNew Milton£719,3333
BH25 6ETCopse AvenueNew Milton£638,1254
BH25 5JUKennard RoadNew Milton£630,6663
BH25 6EZHale AvenueNew Milton£620,0003
BH25 6HFHaven GardensNew Milton£619,3333
BH25 5JRKennard RoadNew Milton£615,6663

Least Expensive Streets in New Milton

PostcodeStreetAreaAverageNo. of Sales
BH25 6HXHomemill HouseStation Road£78,20812
BH25 5XBParham CloseNew Milton£116,3333
BH25 6DGWhitefield RoadNew Milton£120,2229
BH25 6HLOsborne HouseStation Road£122,3333
BH25 6JXStation RoadNew Milton£136,7504
BH25 5GQLakeside PinesBarrs Avenue£147,03015
BH25 6PTLymington RoadNew Milton£163,4378
BH25 6DXOld Milton RoadNew Milton£168,4287
BH25 6JGWestcroft ParadeNew Milton£169,3624
BH25 6DJOld Milton RoadNew Milton£170,8839

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