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Wareham House Prices Wareham House Prices

The average house price in Wareham is £468,000 using HM Land Registry data.

The average property price increased by £112,848 (35.14%) over the last 5 years and increased by £22,554 (5.48%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 19 transactions (-33.93%) relative to the previous year. The majority of house sales (20) were in the £318,000 - £426,000 range. Then came properties in the £210,000 - £318,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,091 (-2%).

In April 2024, there were 12 new estate agency instructions, 10 agreed home sales and 8 property price reductions.

Postcodes Covered: BH20

5-Year Average Property Prices in Wareham

35.14%

Property prices in Wareham increased by 35.14% 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 Wareham Over the Last Year

5.48%

Property prices in Wareham increased by 5.48% 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 Wareham - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Wareham

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 Wareham

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 Wareham

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 Wareham since 1995

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

Recent Property Sales in Wareham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Monmouth Road, Wareham, Dorset, BH20 4QF£675,000£651,000-£24,00018 Sep 202329 Feb 2024164 Days
1 Frome Road, Wareham, Dorset, BH20 4QA£700,000£675,000-£25,00021 Aug 202320 Dec 2023121 Days
108 Northmoor Way, Wareham, Dorset, BH20 4ET£390,000£370,000-£20,00004 Aug 202315 Dec 2023133 Days
18 Northport Drive, Wareham, Dorset, BH20 4DR£425,000£415,000-£10,00021 Jun 202312 Dec 2023174 Days
55 Sandford Road, Wareham, Dorset, BH20 4DQ£475,000£475,000£0001 Sep 202308 Dec 202398 Days
115 Northport Drive, Wareham, Dorset, BH20 4DW£325,000£312,500-£12,50022 Jun 202309 Nov 2023140 Days
20 West Mill Crescent, Wareham, Dorset, BH20 4BW£375,000£365,000-£10,00013 Jun 202313 Oct 2023122 Days
98 Wessex Oval, Wareham, Dorset, BH20 4BS£410,000£390,000-£20,00009 May 202305 Oct 2023149 Days
10 Frome Road, Wareham, Dorset, BH20 4QA£875,000£825,000-£50,00011 May 202329 Sep 2023141 Days
146 Northmoor Way, Wareham, Dorset, BH20 4EU£365,000£355,000-£10,00004 May 202329 Sep 2023148 Days
16 Northport Drive, Wareham, Dorset, BH20 4DR£350,000£320,000-£30,00023 May 202301 Sep 2023101 Days
10 Drax Avenue, Wareham, Dorset, BH20 4DJ£290,000£290,000£0001 Jun 202318 Aug 202378 Days
24 West Walls, Wareham, Dorset, BH20 4QH£417,500£400,000-£17,50010 May 202317 Aug 202399 Days
138 Wessex Oval, Wareham, Dorset, BH20 4BT£500,000£490,000-£10,00005 Apr 202302 Aug 2023119 Days
3 Tarrant Drive, Wareham, Dorset, BH20 4EP£350,000£350,000£0021 Jul 202302 Aug 202312 Days
57 Carey Road, Wareham, Dorset, BH20 4AZ£375,000£375,000£0021 Jul 202302 Aug 202312 Days
18 Shirley Road, Wareham, Dorset, BH20 4QE£625,000£610,000-£15,00026 Dec 202227 Jul 2023213 Days
3 Walls View Road, Wareham, Dorset, BH20 4BJ£390,000£375,000-£15,00024 Mar 202319 Jul 2023117 Days
95 Wessex Oval, Wareham, Dorset, BH20 4BS£465,000£442,500-£22,50010 Feb 202306 Jul 2023146 Days
Durnovaria, East Walls, Wareham, Dorset, BH20 4NJ£475,000£460,000-£15,00026 Dec 202205 Jul 2023191 Days

Most Expensive Streets in Wareham

PostcodeStreetAreaAverageNo. of Sales
BH20 4FDWorgret GardensWareham£871,6663
BH20 4QAFrome RoadWareham£734,0005
BH20 4QEShirley RoadWareham£733,3333
BH20 4PHWorgret RoadWareham£660,0003
BH20 4NHWyatts LaneWareham£611,0005
BH20 4NREast StreetWareham£593,3339
BH20 4QBHardy RoadWareham£583,3333
BH20 4LQPound LaneWareham£559,7506
BH20 4DQSandford RoadWareham£520,0004
BH20 4HYBestwall RoadWareham£492,5003

Least Expensive Streets in Wareham

PostcodeStreetAreaAverageNo. of Sales
BH20 4DYEverdene HouseSandford Lane£165,6663
BH20 4FAStation MewsWareham£176,8333
BH20 4JJRyan CloseWareham£182,2374
BH20 4QXMill LaneWareham£189,92811
BH20 4HUHowards CottagesHowards Lane£195,0004
BH20 4LLTrinity CloseWareham£206,6663
BH20 4RUDaniel DriveWareham£223,3744
BH20 4FNFleur De LisPound Lane£243,34910
BH20 4DJDrax AvenueWareham£250,5628
BH20 4NYKnightstone CloseWareham£255,0003

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