Feb 07, 2023 by HM

House prices in Boscombe (BH5 1)

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

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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 40 Fairhaven Court, 34, Sea Road, Boscombe, Bournemouth, sold for £120,000 on Sep-2023. Given the internal area of 55 square metres, the price per sqm is £2,181.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 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 Boscombe (BH5 1) 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 Boscombe (BH5 1). Of the 235 transactions, half were sold for between £2,970 and £4,130 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,130m². 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 'BH5 1' is £3,510. The table below shows how 'BH5 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH5 1 Boscombe	£2,970m2	£3,510m2	£4,130m2
BH5 2 Bournemouth	£3,480m2	£4,070m2	£4,870m2

Will Boscombe 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 BH5 1 (Boscombe). 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 BH5 1 and the blue dots are the individual property sales that inform this trend.

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

Price map for Boscombe

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 Boscombe. 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 Boscombe

Street level data

Street	Avg size	Avg £/m2	Recent sales
Owls Road, Boscombe, BH5 1A	59m2	£3,184	51
Boscombe Spa Road, Boscombe, BH5 1A	76m2	£3,771	47
Sea Road, Boscombe, BH5 1D	54m2	£2,713	40
Sea Road, Boscombe, BH5 1J	74m2	£2,929	37
Honeycombe Chine, Boscombe, BH5 1L	70m2	£4,912	31
Sea Road, Boscombe, BH5 1B	71m2	£3,580	26
Florence Road, Boscombe, BH5 1H	58m2	£3,076	24
Westby Road, Boscombe, BH5 1H	60m2	£3,278	24

Search for your street here.

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.

Address	Paid	m2	£/m2
Flat 40 Fairhaven Court, 34, Sea Rd, Boscombe, Bournemouth	£120,000 Sep-2023	55	2,181
Flat 7 The Bays, 34, Florence Rd, Boscombe, Bournemouth	£140,000 Sep-2023	56	2,500
Flat 14 Whitewater, 47, Sea Rd, Boscombe, Bournemouth	£335,000 Sep-2023	75	4,466

See the entire list of all sales in Boscombe (BH5 1) here.