Feb 07, 2023 by HM

House prices in Bournemouth (BH1 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Bournemouth (BH1 4).

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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. 304, Windham Road, Bournemouth, sold for £340,000 on Sep-2023. Given the internal area of 72 square metres, the price per sqm is £4,722.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 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 4) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Bournemouth (BH1 4). Of the 220 transactions, half were sold for between £2,660 and £3,630 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,630m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BH1 4' is £3,190. The table below shows how 'BH1 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH1 4 Bournemouth	£2,660m2	£3,190m2	£3,630m2
BH1 2 Bournemouth	£2,480m2	£3,010m2	£3,450m2
BH1 1 Bournemouth	£2,830m2	£3,390m2	£3,830m2
BH1 3 Bournemouth	£2,950m2	£3,380m2	£3,920m2

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 scatter plot below for BH1 4 (Bournemouth). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BH1 4 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Bournemouth data or any other data I am given.

Price map for Bournemouth

I've just finished coding the map I link to below. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Bournemouth

Street level data

Street	Avg size	Avg £/m2	Recent sales
Windham Road, Bournemouth, BH1 4R	79m2	£3,086	38
Christchurch Road, Bournemouth, BH1 4A	57m2	£2,720	25
Spring Road, Bournemouth, BH1 4P	88m2	£2,989	22
The Crescent, Bournemouth, BH1 4E	54m2	£2,897	21
Boscombe Grove Road, Bournemouth, BH1 4P	78m2	£3,440	18
Hamilton Road, Bournemouth, BH1 4E	69m2	£2,913	17
Stanley Road, Bournemouth, BH1 4S	78m2	£3,134	16
Victoria Road, Bournemouth, BH1 4R	87m2	£3,171	15

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Ashley Road, Bournemouth, BH1 4F	60m2	£3,519	9

Ashley Road, Bournemouth, BH1 4F has seen 9 new build sales in the last 4 years (average price £211,888). These new build homes typically have an internal area of 60 m2, with an average price of £3,519 m2. This £sqm average is £329 above the average for BH1 4. New builds typically command a £ per sqm premium so this is normal.

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	m2	£/m2
304, Windham Rd, Bournemouth	£340,000 Sep-2023	72	4,722
26a, Wilson Rd, Bournemouth	£290,000 Aug-2023	51	5,686
20, Garfield Avenue, Bournemouth	£275,000 Jul-2023	95	2,894

See the entire list of all sales in Bournemouth (BH1 4) here.