House prices in BH25 5 (New Milton)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BH25 5' (New Milton) - statistics were last calculated on 30 August 2024.


Defining 'BH25 5'

This analysis is limited to properties whose postcode starts with "BH25 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 New Milton.

You can click on the map to change 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 foot

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

£ per sqft = price ÷ internal area
E.g. 15, Gainsborough Avenue, New Milton, sold for £495,000 on Jul-2024. Given the internal area of 775 square feet, the price per sqft is £638.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £394-£418, £418-£441, £441-£464 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 235 sales in New Milton (BH25 5) that took place in the last two years.

Distribution of £ per sqft for New Milton
Distribution of £ per sqft house prices in New Milton

Generate a custom chart like the one above but based on your own criteria.

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 New Milton (BH25 5). Of the 235 transactions, half were sold for between £360 and £502 per square foot. The median, or 'middle', price per square foot in 'BH25 5' is £429. Notably, only 25% of properties that sold recently were valued at more than £502 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for New Milton

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 New Milton. 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 New Milton
House price heatmap for New Milton

Comparison with neighbouring postcode sectors

The table below shows how 'BH25 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH25 5 New Milton £360 sqft £429 sqft £502 sqft
BH25 6 New Milton £292 sqft £355 sqft £427 sqft
BH25 7 Barton On Sea £415 sqft £483 sqft £571 sqft

Will New Milton 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 BH25 5 (New Milton) compared with both the wider area BH25 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 foot in New Milton,New Milton
House price trends for New Milton

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 BH25 5 sales
Recent trends for New Milton

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 New Milton 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 New Milton 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 £sqft Recent sales
Eastlands, New Milton, BH25 5P 548 sqft £385 37
Manor Road, New Milton, BH25 5E 0 sqft £399 24
Fernhill Lane, New Milton, BH25 5S 807 sqft £273 19
Pennywell Gardens, New Milton, BH25 5Y 527 sqft £425 17
Barrs Avenue, New Milton, BH25 5G 570 sqft £265 13
Doe Copse Way, New Milton, BH25 5G 828 sqft £458 13
Barton Common Road, New Milton, BH25 5P 0 sqft £518 12
Floriston Gardens, New Milton, BH25 5D 613 sqft £275 11

Search for your street here.

Raw data

Our analysis of New Milton 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 sqft £/sqft
15, Gainsborough Avenue, New Milton £495,000
Jul-2024
775 638
1, Cull Lane, New Milton £425,000
Jul-2024
904 469
90, Ashley Rd, New Milton £295,000
Jun-2024
871 338

See the entire list of all sales in New Milton (BH25 5) 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.