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Sherborne House Prices Sherborne House Prices

The average house price in Sherborne is £321,300 using HM Land Registry data.

The average property price increased by £34,015 (10.36%) over the last 5 years and increased by £6,798 (1.91%) over the last 12 months.

Over the last year, there were 159 residential property sales – a decrease of 26 transactions (-16.35%) relative to the previous year. The majority of house sales (44) were in the £258,000 - £356,000 range. Then came properties in the £160,000 - £258,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,497 (-3%).

In April 2024, there were 28 new estate agency instructions, 18 agreed home sales and 11 property price reductions.

Postcodes Covered: DT9

5-Year Average Property Prices in Sherborne

10.36%

Property prices in Sherborne increased by 10.36% 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 Sherborne Over the Last Year

1.91%

Property prices in Sherborne increased by 1.91% 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 Sherborne - 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 Sherborne

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 Sherborne

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 Sherborne

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 Sherborne since 1995

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

Recent Property Sales in Sherborne

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
31 Mccreery Road, Sherborne, Dorset, DT9 4DT£280,000£275,000-£5,00025 Aug 202301 Mar 2024189 Days
31 Littlefield, Sherborne, Dorset, DT9 6AU£180,000£170,000-£10,00007 Oct 202302 Feb 2024118 Days
Flat 9, Hillbrook Court, Acreman Street, Sherborne, Dorset, DT9 3NZ£125,000£125,000£0004 Aug 202315 Jan 2024164 Days
4 Newland Garden, Sherborne, Dorset, DT9 3AF£660,000£660,000£0012 Jul 202319 Dec 2023160 Days
33 St Catherines Crescent, Sherborne, Dorset, DT9 6DE£475,000£446,000-£29,00016 Sep 202315 Dec 202390 Days
Flat 32, Hillbrook Court, Acreman Street, Sherborne, Dorset, DT9 3NZ£145,000£140,000-£5,00019 Jul 202308 Dec 2023142 Days
18 Earls Close, Sherborne, Dorset, DT9 3RS£335,000£335,000£0022 May 202308 Dec 2023200 Days
1 Littlefield, Sherborne, Dorset, DT9 6AU£197,500£182,000-£15,50013 Sep 202301 Dec 202379 Days
24 The Sheeplands, Sherborne, Dorset, DT9 4BS£599,950£585,000-£14,95030 Jun 202329 Nov 2023152 Days
Flat 26, Hillbrook Court, Acreman Street, Sherborne, Dorset, DT9 3NZ£130,000£117,000-£13,00016 Aug 202316 Nov 202392 Days
9 Kenelm Close, Sherborne, Dorset, DT9 6BL£475,000£460,000-£15,00022 Apr 202316 Nov 2023208 Days
26 St Aldhelms Road, Sherborne, Dorset, DT9 4EB£249,950£249,950£0008 Aug 202315 Nov 202399 Days
7 Pageant Drive, Sherborne, Dorset, DT9 3LP£495,000£494,000-£1,00031 Oct 202310 Nov 202310 Days
Little Thornbank, Long Street, Sherborne, Dorset, DT9 3BS£395,000£395,000£0003 Mar 202310 Nov 2023252 Days
19 Castle Road, Sherborne, Dorset, DT9 3RW£375,000£375,000£0024 May 202308 Nov 2023168 Days
19 St Catherines Crescent, Sherborne, Dorset, DT9 6DD£575,000£568,000-£7,00017 May 202330 Oct 2023166 Days
12 Acreman Court, Sherborne, Dorset, DT9 3PW£295,000£293,000-£2,00026 Jul 202326 Oct 202392 Days
Netherleigh, Bristol Road, Sherborne, Dorset, DT9 4HR£420,000£405,000-£15,00014 May 202325 Oct 2023164 Days
6 Earls Close, Sherborne, Dorset, DT9 3RS£375,000£365,000-£10,00015 Jun 202324 Oct 2023131 Days
8 Lenthay Close, Sherborne, Dorset, DT9 6AE£195,000£190,000-£5,00027 Jul 202323 Oct 202388 Days

Most Expensive Streets in Sherborne

PostcodeStreetAreaAverageNo. of Sales
DT9 6BPBradford RoadSherborne£867,5004
DT9 6BSBradford RoadSherborne£803,7504
DT9 6DRGainsborough DriveSherborne£699,2504
DT9 4HWPriestlandsSherborne£684,5005
DT9 6EQMildenhall RoadSherborne£663,16518
DT9 4FZClearbrook CloseSherborne£650,8336
DT9 3DELong StreetSherborne£598,5166
DT9 4HHFairfield HeightsSherborne£573,7504
DT9 3JGNewlandSherborne£567,0005
DT9 3DDLong StreetSherborne£559,1666

Least Expensive Streets in Sherborne

PostcodeStreetAreaAverageNo. of Sales
DT9 3NZHillbrook CourtAcreman Street, Sherborne£109,77510
DT9 6AXLittlefieldSherborne£120,0004
DT9 6BQLenthay CourtLenthay Road£123,6663
DT9 6BAWestbridge ParkSherborne£161,7504
DT9 4AHColdharbourSherborne£165,5004
DT9 4FTCedar ParkGranville Way£167,72531
DT9 6EGWingfield CourtLenthay Road£167,80721
DT9 4DPVernalls RoadSherborne£168,6663
DT9 4HBColdharbourSherborne£182,3333
DT9 6ABThe GardensSherborne£188,3333

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