House prices in BH1 2 (Bournemouth)

This article reveals price per square metre data and various charts to help you understand current housing market in Bournemouth (BH1 2).


Defining 'BH1 2'

This analysis is limited to properties whose postcode starts with "BH1 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Bournemouth.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Bournemouth is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 40 Bath Hill Court, Bath Road, Bournemouth, sold for £565,000 on Mar-2024. Given the internal area of 214 square metres, the price per sqm is £2,640.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 46 sales in Bournemouth (BH1 2) that took place in the last two years.

Distribution of £ per sqm for Bournemouth
Distribution of £ per sqm house prices in Bournemouth

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Bournemouth (BH1 2). Of the 46 transactions, half were sold for between £2,740 and £3,500 per square metre. The median, or 'middle', price per square metre in 'BH1 2' is £3,120. Notably, only 25% of properties that sold recently were valued at more than £3,500 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bournemouth

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Bournemouth. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Bournemouth
House price heatmap for Bournemouth

Comparison with neighbouring postcode sectors

The table below shows how 'BH1 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH1 2 Bournemouth £2,740 sqm £3,120 sqm £3,500 sqm
BH1 1 Bournemouth £2,840 sqm £3,310 sqm £3,770 sqm
BH1 4 Bournemouth £2,680 sqm £3,260 sqm £3,780 sqm
BH1 3 Bournemouth £2,970 sqm £3,400 sqm £3,940 sqm

Will Bournemouth house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BH1 2 (Bournemouth) compared with both the wider area BH1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Bournemouth,Bournemouth
House price trends for Bournemouth

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BH1 2 sales
Recent trends for Bournemouth

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Bournemouth to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Bournemouth and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
St Peters Road, Bournemouth, BH1 2L 83 sqm £3,050 25
Bath Road, Bournemouth, BH1 2P 67 sqm £2,826 24
Bath Road, Bournemouth, BH1 2H 169 sqm £2,688 22
Bath Road, Bournemouth, BH1 2N 92 sqm £3,373 10
Gervis Place, Bournemouth, BH1 2A 57 sqm £3,204 9
St Peters Road, Bournemouth, BH1 2J 56 sqm £1,518 8
Hinton Road, Bournemouth, BH1 2A 49 sqm £3,406 7
Upper Hinton Road, Bournemouth, BH1 2A 58 sqm £3,335 5

Search for your street here.

Raw data

Our analysis of Bournemouth is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Flat 40 Bath Hill Court, Bath Rd, Bournemouth £565,000
Mar-2024
214 2,640
Flat 9 The Compass Point, Hinton Rd, Bournemouth £125,000
Mar-2024
37 3,378
Flat 35 Melford Court, St Peters Rd, Bournemouth £250,000
Feb-2024
83 3,012

See the entire list of all sales in Bournemouth (BH1 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.