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Ringwood House Prices Ringwood House Prices

The average house price in Ringwood is £409,333 using HM Land Registry data.

The average property price increased by £76,243 (22.17%) over the last 5 years and increased by £15,238 (3.76%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 49 transactions (-34.75%) relative to the previous year. The majority of house sales (38) were in the £276,000 - £382,000 range. Then came properties in the £382,000 - £488,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,824 (-4%).

In April 2024, there were 45 new estate agency instructions, 20 agreed home sales and 34 property price reductions.

Postcodes Covered: BH24

5-Year Average Property Prices in Ringwood

22.17%

Property prices in Ringwood increased by 22.17% 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 Ringwood Over the Last Year

3.76%

Property prices in Ringwood increased by 3.76% 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 Ringwood - 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 Ringwood

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 Ringwood

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 Ringwood

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 Ringwood since 1995

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

Recent Property Sales in Ringwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
50 Manor Road, Ringwood, Hampshire, BH24 1RD£395,000£365,000-£30,00010 Nov 202316 Feb 202498 Days
7 Gardner Road, Ringwood, Hampshire, BH24 3ER£385,000£375,000-£10,00027 Jun 202312 Feb 2024230 Days
3 Joyce Dickson Close, Ringwood, Hampshire, BH24 3ET£335,000£330,000-£5,00021 Sep 202307 Feb 2024139 Days
7 Highfield Road, Ringwood, Hampshire, BH24 1RF£750,000£740,000-£10,00026 May 202320 Dec 2023208 Days
Flat 14, White Lion Courtyard, Deweys Lane, Ringwood, Hampshire, BH24 1AJ£99,950£95,000-£4,95018 Apr 202318 Dec 2023244 Days
6 Spittlefields, Ringwood, Hampshire, BH24 1QQ£335,000£317,000-£18,00031 Aug 202315 Dec 2023106 Days
12 Somerville Road, Poulner, Ringwood, Hampshire, BH24 1XJ£375,000£320,000-£55,00029 Aug 202315 Dec 2023108 Days
1 Ross Road, Ringwood, Hampshire, BH24 1XG£450,000£445,000-£5,00007 Jul 202311 Dec 2023157 Days
31 Highfield Drive, Poulner, Ringwood, Hampshire, BH24 1RJ£565,000£520,000-£45,00004 Oct 202311 Dec 202368 Days
5 Highfield Drive, Poulner, Ringwood, Hampshire, BH24 1RJ£575,000£525,000-£50,00003 Jan 202329 Nov 2023330 Days
15 Bishop Court, Ringwood, Hampshire, BH24 1PE£325,000£325,000£0031 May 202317 Nov 2023170 Days
Fairfields, Narrow Lane, Poulner, Ringwood, Hampshire, BH24 3EN£1,900,000£1,900,000£0006 Nov 202317 Nov 202311 Days
42 College Road, Ringwood, Hampshire, BH24 1NX£950,000£917,500-£32,50017 Jul 202315 Nov 2023121 Days
3 Hiltom Road, Ringwood, Hampshire, BH24 1PW£350,000£310,000-£40,00002 Aug 202331 Oct 202390 Days
29 Denholm Close, Ringwood, Hampshire, BH24 1TF£415,000£400,000-£15,00018 Jul 202327 Oct 2023101 Days
Avon Edge, The Bridges, Ringwood, Hampshire, BH24 2AA£600,000£540,000-£60,00024 Apr 202313 Oct 2023172 Days
49 Addison Square, Ringwood, Hampshire, BH24 1NY£340,000£315,000-£25,00018 Jan 202309 Oct 2023264 Days
17 Highfield Drive, Poulner, Ringwood, Hampshire, BH24 1RJ£530,000£500,000-£30,00002 May 202306 Oct 2023157 Days
100 The Mount, Poulner, Ringwood, Hampshire, BH24 1XZ£375,000£370,000-£5,00014 Nov 202206 Oct 2023326 Days
Flat 27, White Lion Courtyard, Deweys Lane, Ringwood, Hampshire, BH24 1AJ£79,950£73,500-£6,45019 Jun 202304 Oct 2023107 Days

Most Expensive Streets in Ringwood

PostcodeStreetAreaAverageNo. of Sales
BH24 3JNHangersleyRingwood£848,5006
BH24 1NXCollege RoadRingwood£805,6254
BH24 1NUCollege RoadRingwood£770,2504
BH24 1ASSalisbury RoadRingwood£763,8005
BH24 1LTNorthfield RoadRingwood£735,0003
BH24 1RLHighfield DriveRingwood£669,3754
BH24 1STNorthfield RoadRingwood£643,7504
BH24 1LSNorthfield RoadRingwood£619,2504
BH24 1RFHighfield RoadRingwood£596,2504
BH24 3EZMeadowlandsRingwood£581,6663

Least Expensive Streets in Ringwood

PostcodeStreetAreaAverageNo. of Sales
BH24 1BWOaktree HouseGooseberry Lane£149,3128
BH24 1FBEuston GroveRingwood£164,8005
BH24 3BEWillow DriveRingwood£169,57613
BH24 1FACharing CloseRingwood£171,65313
BH24 1ALStar LaneRingwood£175,0003
BH24 1EPMillstream CourtDeweys Lane£191,4005
BH24 1AJDeweys LaneRingwood£199,44418
BH24 1EGBickerley RoadRingwood£201,00015
BH24 1DUBickerley GardensRingwood£205,8339
BH24 1JDSouthampton RoadRingwood£212,26913

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