# House prices in BH5 1 (Boscombe)

This article reveals price per square metre data and various charts to help you understand current housing market in Boscombe, Bournemouth (BH5 1).

## Defining 'BH5 1'

This analysis is limited to properties whose postcode starts with "BH5 1", 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 Boscombe.

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 Boscombe 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 1 The Bays, 34, Florence Road, Boscombe, Bournemouth, sold for £190,000 on Mar-2024. Given the internal area of 55 square metres, the price per sqm is £3,454.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 230 sales in Boscombe (BH5 1) that took place in the last two years.

##### Distribution of £ per sqm for Boscombe, Bournemouth
Distribution of £ per sqm house prices in Boscombe

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 Boscombe (BH5 1). Of the 230 transactions, half were sold for between £2,960 and £4,120 per square metre. The median, or 'middle', price per square metre in 'BH5 1' is £3,470. Notably, only 25% of properties that sold recently were valued at more than £4,120 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 Boscombe, 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 Boscombe, Bournemouth

## Comparison with neighbouring postcode sectors

The table below shows how 'BH5 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH5 1 Boscombe £2,960 sqm £3,470 sqm £4,120 sqm
BH5 2 Bournemouth £3,550 sqm £4,250 sqm £4,940 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 BH5 1 (Boscombe) compared with both the wider area BH5 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 Boscombe,Bournemouth
House price trends for Boscombe

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 BH5 1 sales
Recent trends for Boscombe

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
Owls Road, Boscombe, BH5 1A 59 sqm £3,203 54
Boscombe Spa Road, Boscombe, BH5 1A 76 sqm £3,862 49
Sea Road, Boscombe, BH5 1D 54 sqm £2,784 40
Sea Road, Boscombe, BH5 1J 74 sqm £2,922 38
Honeycombe Chine, Boscombe, BH5 1L 70 sqm £5,083 30
Westby Road, Boscombe, BH5 1H 60 sqm £3,322 27
Sea Road, Boscombe, BH5 1B 71 sqm £3,633 26
Browning Avenue, Boscombe, BH5 1N 130 sqm £3,889 23

## Raw data

Our analysis of Boscombe 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.

Flat 1 The Bays, 34, Florence Rd, Boscombe, Bournemouth £190,000
Mar-2024
55 3,454
Flat 8 Rosedale Hotel, 51, Westby Rd, Boscombe, Bournemouth £193,500
Mar-2024
48 4,031
Flat 3 Faulkner Court, 55, Browning Avenue, Boscombe, Bournemouth £250,000
Feb-2024
49 5,102