# House prices in BH1 3 (Bournemouth)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH1 3' (Bournemouth) - statistics were last calculated on 31 July 2024.

## Defining 'BH1 3'

This analysis is limited to properties whose postcode starts with "BH1 3", 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 9 Berkeley Mansions, 27 - 29, Christchurch Road, Bournemouth, sold for £210,000 on Jun-2024. Given the internal area of 74 square metres, the price per sqm is £2,837.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 220 sales in Bournemouth (BH1 3) 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 3). Of the 220 transactions, half were sold for between £2,930 and £3,850 per square metre. The median, or 'middle', price per square metre in 'BH1 3' is £3,340. Notably, only 25% of properties that sold recently were valued at more than £3,850 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.

House price heatmap for Bournemouth

## Comparison with neighbouring postcode sectors

The table below shows how 'BH1 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH1 4 Bournemouth £2,690 sqm £3,300 sqm £3,790 sqm
BH1 3 Bournemouth £2,930 sqm £3,340 sqm £3,850 sqm
BH1 1 Bournemouth £2,830 sqm £3,370 sqm £3,750 sqm
BH1 2 Bournemouth £2,770 sqm £3,160 sqm £3,530 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 3 (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

Download time series data as CSV (paying users only).

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 3 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
Manor Road, Bournemouth, BH1 3E 109 sqm £3,452 80
Knyveton Road, Bournemouth, BH1 3Q 72 sqm £3,118 67
Manor Road, Bournemouth, BH1 3H 81 sqm £3,311 48
Christchurch Road, Bournemouth, BH1 3P 68 sqm £3,108 42
Grove Road, Bournemouth, BH1 3D 82 sqm £3,717 35
Manor Road, Bournemouth, BH1 3J 74 sqm £3,943 32
Southcote Road, Bournemouth, BH1 3S 94 sqm £2,802 18
Derby Road, Bournemouth, BH1 3P 73 sqm £2,822 17

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 9 Berkeley Mansions, 27 - 29, Christchurch Rd, Bournemouth £210,000
Jun-2024
74 2,837
Flat 16 Harcourt, 15, Derby Rd, Bournemouth £227,000
Jun-2024
79 2,873
Flat 8 The Farthings, 5 - 7, Grove Rd, Bournemouth £280,000
Jun-2024
77 3,636

#### 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.