# House prices in BH2 5 (Bournemouth)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH2 5' (Bournemouth) - statistics were last calculated on 31 July 2024.

## Defining 'BH2 5'

This analysis is limited to properties whose postcode starts with "BH2 5", 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 3 93, Commercial Road, Bournemouth, sold for £70,000 on May-2024. Given the internal area of 49 square metres, the price per sqm is £1,428.

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. £3,250-£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 163 sales in Bournemouth (BH2 5) 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 (BH2 5). Of the 163 transactions, half were sold for between £2,760 and £3,940 per square metre. The median, or 'middle', price per square metre in 'BH2 5' is £3,320. Notably, only 25% of properties that sold recently were valued at more than £3,940 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 'BH2 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH2 6 Bournemouth £2,990 sqm £3,430 sqm £3,970 sqm
BH2 5 Bournemouth £2,760 sqm £3,320 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 BH2 5 (Bournemouth) compared with both the wider area BH2 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 BH2 5 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
Poole Road, Bournemouth, BH2 5Q 56 sqm £2,912 39
Chine Crescent Road, Bournemouth, BH2 5L 85 sqm £3,575 37
St Michaels Road, Bournemouth, BH2 5D 84 sqm £2,787 31
Admirals Walk, Bournemouth, BH2 5H 94 sqm £3,083 24
Durley Gardens, Bournemouth, BH2 5H 68 sqm £3,334 19
Norwich Road, Bournemouth, BH2 5Q 64 sqm £3,088 19
Durley Chine Road, Bournemouth, BH2 5J 60 sqm £3,142 18
West Cliff Road, Bournemouth, BH2 5H 80 sqm £3,811 17

## New build activity

Street Avg size Avg £sqm New build sales
West Cliff Road, Bournemouth, BH2 5E 79 sqm £4,327 40

West Cliff Road, Bournemouth, BH2 5E has seen 40 new build sales in the last 4 years (average price £746,293). These new build homes typically have an internal area of 79 sqm, with an average price of £4,327 sqm. This £sqm average is £0 above the average for BH2 5. 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.