Feb 07, 2023 by HM

House prices in Swanage (BH19 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Swanage (BH19 1).


Defining 'BH19 1'

This analysis is limited to properties whose postcode starts with "BH19 1", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Swanage 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. 6, Findlay Place, Swanage, sold for £502,500 on Feb-2024. Given the internal area of 89 square metres, the price per sqm is £5,646.

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. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 143 sales in Swanage (BH19 1) that took place in the last two years.

Distribution of £ per sqm for Swanage (BH19 1)
Distribution of £ per sqm house prices in Swanage

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 Swanage (BH19 1). Of the 143 transactions, half were sold for between £4,030 and £5,430 per square metre. The median, or 'middle', price per square metre in 'BH19 1' is £4,710. Notably, only 25% of properties that sold recently were valued at more than £5,430m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Swanage

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 Swanage. 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 Swanage
House price heatmap for Swanage

Comparison with neighbouring postcode sectors

The table below shows how 'BH19 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH19 2 Swanage £4,030m2 £4,740m2 £5,580m2
BH19 3 Langton Matravers £5,160m2 £5,990m2 £7,350m2
BH19 1 Swanage £4,030m2 £4,710m2 £5,430m2

Will Swanage 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 BH19 1 (Swanage). 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 BH19 1 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Swanage (BH19 1) over time
House price trends for Swanage

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Swanage 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 Swanage data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
De Moulham Road, Swanage, BH19 1N 66m2 £4,351 30
Victoria Avenue, Swanage, BH19 1A 85m2 £4,059 28
Kings Road West, Swanage, BH19 1H 88m2 £3,414 19
Rabling Road, Swanage, BH19 1E 93m2 £4,222 18
Cranborne Road, Swanage, BH19 1E 60m2 £3,882 17
Ulwell Road, Swanage, BH19 1L 80m2 £3,796 16
Burlington Road, Swanage, BH19 1L 82m2 £4,777 15
Bay Crescent, Swanage, BH19 1R 116m2 £5,628 14

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Smiths Farm, Swanage, BH19 1E 121m2 £4,118 9

Smiths Farm, Swanage, BH19 1E has seen 9 new build sales in the last 4 years (average price £504,133). These new build homes typically have an internal area of 121 m2, with an average price of £4,118 m2. This £sqm average is £-592 below the average for BH19 1. New builds typically command a £ per sqm premium. In the case of Smiths Farm the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Swanage 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
6, Findlay Pl, Swanage £502,500
Feb-2024
89 5,646
42, Newton Manor Close, Swanage £400,000
Dec-2023
94 4,255
Flat 15 Rocquaine Court, 5, Ilminster Rd, Swanage £250,000
Dec-2023
56 4,464

See the entire list of all sales in Swanage (BH19 1) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.