Shaftesbury House Prices Shaftesbury House Prices

The average house price in Shaftesbury is £308,050 using HM Land Registry data.

The average property price increased by £118,195 (47.46%) over the last 5 years and increased by £23,623 (6.87%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 38 transactions (-26.03%) relative to the previous year. The majority of house sales (37) were in the £222,000 - £294,000 range. Then came properties in the £150,000 - £222,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,767 (-2%).

In April 2024, there were 34 new estate agency instructions, 25 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Shaftesbury

47.46%

Property prices in Shaftesbury increased by 47.46% 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 Shaftesbury Over the Last Year

6.87%

Property prices in Shaftesbury increased by 6.87% 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 Shaftesbury - 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 Shaftesbury

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 Shaftesbury

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 Shaftesbury

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 Shaftesbury since 1995

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

Recent Property Sales in Shaftesbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 5, Homefarris House, Bleke Street, Shaftesbury, Dorset, SP7 8AU£75,000£66,000-£9,00020 Nov 202315 Mar 2024116 Days
33 Ten Acres, Shaftesbury, Dorset, SP7 8PW£250,000£240,000-£10,00015 Sep 202329 Feb 2024167 Days
12 Nettlecombe, Shaftesbury, Dorset, SP7 8PR£230,000£217,000-£13,00005 May 202326 Feb 2024297 Days
20 Salisbury Street, Shaftesbury, Dorset, SP7 8EJ£395,000£375,000-£20,00021 Sep 202320 Feb 2024152 Days
105 Blackmore Road, Shaftesbury, Dorset, SP7 8RL£250,000£240,000-£10,00029 Aug 202319 Jan 2024143 Days
5 Beaufoy Close, Shaftesbury, Dorset, SP7 8PT£280,000£280,000£0005 Oct 202321 Dec 202377 Days
4 French Mill Rise, Shaftesbury, Dorset, SP7 8HS£515,000£505,000-£10,00013 Dec 202319 Dec 20236 Days
The Barn, Salisbury Road, Shaftesbury, Dorset, SP7 8NL£595,000£595,000£0004 May 202323 Nov 2023203 Days
5 French Mill Rise, Shaftesbury, Dorset, SP7 8HS£550,000£550,000£0021 Apr 202323 Nov 2023216 Days
38 Blackmore Road, Shaftesbury, Dorset, SP7 8RD£160,000£150,000-£10,00003 Aug 202322 Nov 2023111 Days
65 Coppice Street, Shaftesbury, Dorset, SP7 8PF£285,000£282,000-£3,00002 Jun 202310 Nov 2023161 Days
14 Brionne Way, Shaftesbury, Dorset, SP7 8SL£450,000£437,000-£13,00007 Jul 202303 Nov 2023119 Days
24 St Georges Road, Shaftesbury, Dorset, SP7 8NH£280,000£275,000-£5,00007 Jul 202326 Oct 2023111 Days
31 Lower Blandford Road, Shaftesbury, Dorset, SP7 8NR£600,000£575,000-£25,00012 May 202323 Oct 2023164 Days
21 Sweetmans Road, Shaftesbury, Dorset, SP7 8EQ£250,000£242,000-£8,00015 May 202320 Oct 2023158 Days
33 Crookhays, Shaftesbury, Dorset, SP7 8DX£285,000£285,000£0016 May 202309 Oct 2023146 Days
34 Nettlecombe, Shaftesbury, Dorset, SP7 8PR£230,000£225,000-£5,00013 Jul 202306 Oct 202385 Days
4 Magdalene Lane, Shaftesbury, Dorset, SP7 8BQ£550,000£545,000-£5,00001 Sep 202313 Sep 202312 Days
1 The Courtyard, Shaftesbury, Dorset, SP7 8AP£140,000£130,000-£10,00027 Apr 202301 Sep 2023127 Days
97 Linden Park, Shaftesbury, Dorset, SP7 8RN£345,000£340,000-£5,00006 Apr 202330 Aug 2023146 Days

Most Expensive Streets in Shaftesbury

PostcodeStreetAreaAverageNo. of Sales
SP7 8LFBreach LaneShaftesbury£1,002,9073
SP7 8BGLove LaneShaftesbury£973,3663
SP7 8ATBimportShaftesbury£915,0003
SP7 8HQSt James StreetShaftesbury£864,5005
SP7 8QLEnmore CourtNew Road£765,0005
SP7 8EUFrench Mill LaneShaftesbury£663,3333
SP7 8DAHigher Blandford RoadShaftesbury£615,0003
SP7 8AXBimportShaftesbury£523,3333
SP7 8NTHawkesdeneShaftesbury£501,6663
SP7 9LBTollgate ParkShaftesbury£500,0005

Least Expensive Streets in Shaftesbury

PostcodeStreetAreaAverageNo. of Sales
SP7 8AUHomefarris HouseBleke Street, Shaftesbury£71,75012
SP7 8FPKavanagh CloseShaftesbury£100,1663
SP7 8RPDeansleigh ParkShaftesbury£105,0833
SP7 8GLMarabout RoadShaftesbury£120,1503
SP7 8PSLindlar CloseShaftesbury£150,7504
SP7 8BLMill PlaceShaftesbury£152,3333
SP7 8RLBlackmore RoadShaftesbury£156,56615
SP7 8RDBlackmore RoadShaftesbury£158,23010
SP7 8GRMampitts LaneShaftesbury£158,2508
SP7 8NAHigh StreetShaftesbury£164,0003

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