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Weymouth House Prices Weymouth House Prices

The average house price in Weymouth is £281,949 using HM Land Registry data.

The average property price increased by £82,197 (33.41%) over the last 5 years and increased by £16,428 (5.27%) over the last 12 months.

Over the last year, there were 666 residential property sales – a decrease of 241 transactions (-36.19%) relative to the previous year. The majority of house sales (197) were in the £228,000 - £296,000 range. Then came properties in the £296,000 - £364,000 range, where 123 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,002 (-2%).

In April 2024, there were 149 new estate agency instructions, 109 agreed home sales and 90 property price reductions.

Postcodes Covered: DT3, DT4

5-Year Average Property Prices in Weymouth

33.41%

Property prices in Weymouth increased by 33.41% 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 Weymouth Over the Last Year

5.27%

Property prices in Weymouth increased by 5.27% 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 Weymouth - 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 Weymouth

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 Weymouth

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 Weymouth

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 Weymouth since 1995

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

Recent Property Sales in Weymouth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Haywards Avenue, Weymouth, Dorset, DT3 5JU£350,000£336,500-£13,50010 Aug 202320 Mar 2024223 Days
4 Doulton Close, Weymouth, Dorset, DT4 0GD£370,000£354,000-£16,00012 Jul 202320 Mar 2024252 Days
15a, Belle Vue Road, Weymouth, Dorset, DT4 8RX£800,000£775,000-£25,00009 Jun 202315 Mar 2024280 Days
Flat 20, St Johns Court, William Street, Weymouth, Dorset, DT4 7JW£178,000£172,500-£5,50023 Aug 202311 Mar 2024201 Days
3a, Albert Street, Weymouth, Dorset, DT4 7DL£220,000£210,000-£10,00024 Oct 202308 Mar 2024136 Days
3 Elm Close, Preston, Weymouth, Dorset, DT3 6JN£465,000£465,000£0021 Nov 202304 Mar 2024104 Days
Westbourne Villa, Westbourne Road, Weymouth, Dorset, DT4 7QJ£450,000£425,000-£25,00006 Jun 202301 Mar 2024269 Days
41 Alma Road, Weymouth, Dorset, DT4 0AJ£315,000£307,500-£7,50011 Sep 202301 Mar 2024172 Days
3 Granville Road, Weymouth, Dorset, DT4 0BQ£240,000£240,000£0015 Jan 202429 Feb 202445 Days
9 Gloucester Close, Charlestown, Weymouth, Dorset, DT4 9TN£280,000£272,000-£8,00025 Sep 202323 Feb 2024151 Days
94 Portland Road, Weymouth, Dorset, DT4 9AB£200,000£200,000£0006 Dec 202323 Feb 202479 Days
35 Newstead Road, Weymouth, Dorset, DT4 0AT£295,000£285,000-£10,00007 Nov 202322 Feb 2024107 Days
15 Windermere Crescent, Weymouth, Dorset, DT3 5HG£400,000£385,000-£15,00018 Oct 202316 Feb 2024121 Days
10 Brackendown Avenue, Weymouth, Dorset, DT3 6HX£1,350,000£1,200,000-£150,00020 Jul 202316 Feb 2024211 Days
15 Franchise Street, Weymouth, Dorset, DT4 8JS£315,000£300,000-£15,00028 Jul 202312 Feb 2024199 Days
36 Everest Road, Weymouth, Dorset, DT4 0DQ£325,000£315,000-£10,00001 Aug 202312 Feb 2024195 Days
42 Elwell Street, Weymouth, Dorset, DT3 5QF£260,000£249,000-£11,00028 Sep 202309 Feb 2024134 Days
22 Bridlebank Way, Weymouth, Dorset, DT3 5RA£275,000£275,000£0010 Nov 202309 Feb 202491 Days
5 Cobham Drive, Weymouth, Dorset, DT4 0ST£260,000£235,000-£25,00001 Nov 202309 Feb 2024100 Days
Flat 62, Swannery Court, Commercial Road, Weymouth, Dorset, DT4 7TY£225,000£225,000£0019 Apr 202309 Feb 2024296 Days

Most Expensive Streets in Weymouth

PostcodeStreetAreaAverageNo. of Sales
DT3 6PLBowleaze CovewayWeymouth£967,4287
DT4 8RZBelle Vue RoadWeymouth£905,3336
DT3 6LQPlaisters LaneSutton Poyntz£776,0005
DT3 6RYBowleaze CovewayWeymouth£770,0003
DT4 9QPWyke RoadWeymouth£740,0003
DT3 6NLCoombe Valley RoadPreston£719,4005
DT3 5QDWatery LaneWeymouth£701,2504
DT4 9PSBuxton RoadWeymouth£678,9287
DT3 5QBChurch StreetWeymouth£662,60010
DT4 9QSWyke RoadWeymouth£635,2005

Least Expensive Streets in Weymouth

PostcodeStreetAreaAverageNo. of Sales
DT4 7ARGreat George StreetWeymouth£79,51714
DT4 8EQSt Thomas StreetWeymouth£92,3754
DT4 8NYSt Mary StreetWeymouth£95,8333
DT4 7DFPark StreetWeymouth£106,2663
DT4 0AFJenner CourtStavordale Road£107,53315
DT3 5EYJubilee CourtSpa Road£108,3333
DT4 9JRHillcrest RoadWeymouth£110,0003
DT4 7HELennox StreetWeymouth£111,5717
DT4 7APGloucester StreetWeymouth£113,3333
DT4 7LEDorchester RoadWeymouth£114,00011

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