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Sturminster Newton House Prices Sturminster Newton House Prices

The average house price in Sturminster Newton is £265,625 using HM Land Registry data.

The average property price increased by £92,652 (41.61%) over the last 5 years and increased by £18,517 (6.24%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 3 transactions (-6.12%) relative to the previous year. The majority of house sales (13) were in the £260,000 - £330,000 range. Then came properties in the £190,000 - £260,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,862 (-1%).

In April 2024, there were 13 new estate agency instructions, 11 agreed home sales and 6 property price reductions.

Postcodes Covered: DT10

5-Year Average Property Prices in Sturminster Newton

41.61%

Property prices in Sturminster Newton increased by 41.61% 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 Sturminster Newton Over the Last Year

6.24%

Property prices in Sturminster Newton increased by 6.24% 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 Sturminster Newton - 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 Sturminster Newton

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 Sturminster Newton

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 Sturminster Newton

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 Sturminster Newton since 1995

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

Recent Property Sales in Sturminster Newton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
L'ancresse, Ricketts Lane, Sturminster Newton, Dorset, DT10 1BY£465,000£465,000£0017 Apr 202321 Aug 2023126 Days
Gray Ladies, White Lane Close, Sturminster Newton, Dorset, DT10 1EJ£750,000£730,000-£20,00016 Feb 202316 Jun 2023120 Days
5 Abbeyfield Mews, Sturminster Newton, Dorset, DT10 1LU£240,000£225,000-£15,00007 Oct 202226 Apr 2023201 Days
48 Drovers, Sturminster Newton, Dorset, DT10 1QY£425,000£420,000-£5,00019 Aug 202225 Apr 2023249 Days
21 Selwood Close, Sturminster Newton, Dorset, DT10 1PE£400,000£385,000-£15,00020 Feb 202323 Mar 202331 Days
23 Drovers, Sturminster Newton, Dorset, DT10 1QZ£365,000£365,000£0012 Jan 202320 Mar 202367 Days
69 North Fields, Sturminster Newton, Dorset, DT10 1FD£310,000£305,000-£5,00018 Nov 202216 Mar 2023118 Days
25 Dashwood Close, Sturminster Newton, Dorset, DT10 1PF£285,000£285,000£0020 Sep 202206 Mar 2023167 Days
Flat 9, Reddleman House, Bath Road, Sturminster Newton, Dorset, DT10 1DU£125,000£125,000£0025 Apr 202202 Mar 2023311 Days
25 Thomas Hardy Close, Sturminster Newton, Dorset, DT10 1PG£310,000£305,000-£5,00024 Sep 202222 Feb 2023151 Days
The White House, Bath Road, Sturminster Newton, Dorset, DT10 1EA£600,000£590,000-£10,00021 Oct 202221 Feb 2023123 Days
37 Badgers Way, Sturminster Newton, Dorset, DT10 1DA£400,000£400,000£0020 Oct 202203 Feb 2023106 Days
41 Manston Road, Sturminster Newton, Dorset, DT10 1AE£300,000£295,000-£5,00008 Sep 202209 Jan 2023123 Days
2 Chivrick Close, Sturminster Newton, Dorset, DT10 1QJ£240,000£238,000-£2,00017 Aug 202206 Jan 2023142 Days
15 Honeymead Lane, Sturminster Newton, Dorset, DT10 1EW£250,000£247,500-£2,50025 Aug 202222 Dec 2022119 Days
17 Honeymead Lane, Sturminster Newton, Dorset, DT10 1EW£350,000£350,000£0023 Aug 202220 Dec 2022119 Days
39 Filbridge Rise, Sturminster Newton, Dorset, DT10 1BP£309,000£290,000-£19,00030 Aug 202216 Dec 2022108 Days
62 Honeymead Lane, Sturminster Newton, Dorset, DT10 1QH£345,000£340,000-£5,00029 Jul 202216 Nov 2022110 Days
16 Dashwood Close, Sturminster Newton, Dorset, DT10 1PF£375,000£370,000-£5,00015 Jul 202209 Nov 2022117 Days
Flat 27, Reddleman House, Bath Road, Sturminster Newton, Dorset, DT10 1DU£80,000£80,000£0007 May 202216 Sep 2022132 Days

Most Expensive Streets in Sturminster Newton

PostcodeStreetAreaAverageNo. of Sales
DT10 1EQBuffetts CloseSturminster Newton£1,110,0001
DT10 1DZBuffetts RoadSturminster Newton£1,090,0001
DT10 1DDGotts CornerSturminster Newton£632,5002
DT10 1EJWhite Lane CloseSturminster Newton£629,2504
DT10 1DFPenny StreetSturminster Newton£599,0002
DT10 1DGChurch WalkSturminster Newton£575,0001
DT10 1EBBath RoadSturminster Newton£523,3333
DT10 1AGManston RoadSturminster Newton£482,2502
DT10 1EAThe GablesBath Road£451,2502
DT10 1BYRicketts LaneSturminster Newton£416,7504

Least Expensive Streets in Sturminster Newton

PostcodeStreetAreaAverageNo. of Sales
DT10 1ARMarket PlaceSturminster Newton£115,0001
DT10 1LXRed Rose CourtSturminster Newton£128,7502
DT10 1ASMarket PlaceSturminster Newton£129,7502
DT10 1QNField CloseSturminster Newton£140,0003
DT10 1RAMontebourg HouseDrovers£148,69213
DT10 1DUBath RoadSturminster Newton£163,42722
DT10 1ANMarket CrossSturminster Newton£180,0001
DT10 1QTColes CloseSturminster Newton£183,7504
DT10 1APBridge StreetSturminster Newton£185,0001
DT10 1FDNorth FieldsSturminster Newton£186,01729

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