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Wool House Prices Wool House Prices

The average house price in Wool is £428,333 using HM Land Registry data.

The average property price increased by £102,474 (41.69%) over the last 5 years and increased by £20,481 (6.25%) over the last 12 months.

Over the last year, there were 43 residential property sales – a decrease of 10 transactions (-23.26%) relative to the previous year. The majority of house sales (14) were in the £350,000 - £400,000 range. Then came properties in the £250,000 - £300,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,601 (-2%).

In April 2024, there were 8 new estate agency instructions, 5 agreed home sales and 1 property price reductions.

Postcodes Covered: BH20, DT2

5-Year Average Property Prices in Wool

41.69%

Property prices in Wool increased by 41.69% 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 Wool Over the Last Year

6.25%

Property prices in Wool increased by 6.25% 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 Wool - 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 Wool

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 Wool

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 Wool

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 Wool since 1995

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

Recent Property Sales in Wool

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Victoria Close, Bovington, Wareham, Dorset, BH20 6HY£165,000£155,000-£10,00010 Nov 202319 Mar 2024130 Days
27 Cologne Road, Bovington, Wareham, Dorset, BH20 6NT£345,000£345,000£0013 May 202326 Oct 2023166 Days
Glencourt, Chalk Pit Lane, Wool, Wareham, Dorset, BH20 6DW£595,000£580,000-£15,00005 May 202315 Sep 2023133 Days
49 Andover Green, Bovington, Wareham, Dorset, BH20 6LW£260,000£245,000-£15,00007 Apr 202304 Sep 2023150 Days
104 Cologne Road, Bovington, Wareham, Dorset, BH20 6NP£375,000£370,000-£5,00016 Aug 202331 Aug 202315 Days
93 Andover Green, Bovington, Wareham, Dorset, BH20 6LP£260,000£257,000-£3,00026 May 202318 Aug 202384 Days
High Leaze, Quarr Hill, Wool, Wareham, Dorset, BH20 6BY£500,000£500,000£0015 Jun 202314 Jul 202329 Days
14 Sydenham Crescent, Wool, Wareham, Dorset, BH20 6ES£385,000£357,000-£28,00005 Oct 202229 Jun 2023267 Days
34 Higher Wood, Bovington, Wareham, Dorset, BH20 6NG£220,000£220,000£0014 Mar 202323 Jun 2023101 Days
22 Jeremy Close, Wool, Wareham, Dorset, BH20 6BH£280,000£270,000-£10,00018 Jan 202314 Jun 2023147 Days
Tyneham, High Street, Wool, Wareham, Dorset, BH20 6BP£525,000£510,000-£15,00024 Nov 202205 Apr 2023132 Days
7 Higher Wood, Bovington, Wareham, Dorset, BH20 6NF£270,000£265,000-£5,00011 Jan 202215 Nov 2022308 Days
4 Higher Wood, Bovington, Wareham, Dorset, BH20 6NF£250,000£250,000£0029 Mar 202223 Sep 2022178 Days
40 Lower Hillside Road, Wool, Wareham, Dorset, BH20 6EA£185,000£185,000£0011 Mar 202222 Jul 2022133 Days
5 Baker Close, Wool, Wareham, Dorset, BH20 6HD£650,000£640,000-£10,00006 May 202210 Jun 202235 Days
Flat 8, Fairfields, Station Road, Wool, Wareham, Dorset, BH20 6BL£164,950£160,000-£4,95012 Aug 202106 May 2022267 Days
75 Andover Green, Bovington, Wareham, Dorset, BH20 6LP£225,000£220,000-£5,00009 Jun 202101 Mar 2022265 Days
41 Andover Green, Bovington, Wareham, Dorset, BH20 6LW£250,000£242,500-£7,50007 Oct 202125 Feb 2022141 Days
34 Victoria Close, Bovington, Wareham, Dorset, BH20 6HY£160,000£155,000-£5,00004 Oct 202117 Feb 2022136 Days
3 Morris Road, Bovington, Wareham, Dorset, BH20 6PD£319,000£319,000£0027 Jul 202103 Feb 2022191 Days

Most Expensive Streets in Wool

PostcodeStreetAreaAverageNo. of Sales
BH20 6BPHigh StreetWool£473,7504
BH20 6BYQuarr HillWool£462,8333
BH20 6DBSpring StreetWool£404,2005
BH20 6DEDuck StreetWool£393,3336
BH20 6DZCottage CloseWool£389,1663
BH20 6DLColliers LaneWool£373,6254
BH20 6DWChalk Pit LaneWool£364,20010
BH20 6EQDorchester RoadWool£360,0003
BH20 6DQBreach FieldWool£359,0003
BH20 6EPBaileys DroveWool£357,3754

Least Expensive Streets in Wool

PostcodeStreetAreaAverageNo. of Sales
BH20 6HYVictoria CloseBovington£145,70812
BH20 6HUToll GateWool£164,0004
BH20 6BULulworth RoadWool£175,4163
BH20 6LSBack LaneWool£200,8005
BH20 6EALower Hillside RoadWool£207,9086
BH20 6LQCranesmoor CloseBovington£219,0005
BH20 6LWAndover GreenBovington£229,0007
BH20 6NFHigher WoodBovington£245,0756
BH20 6NGHigher WoodBovington£248,0836
BH20 6LPAndover GreenBovington£251,8005

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