Average Price for property in Bournemouth is around £262,257 which varies based on type of property you are interested in and ranges from £352,274 for detached house to around £235,633 for semi-detached. Similarly terraced house is around £220,290 and a flat is worth £193,607. Values have been changing and have risen £1,346 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,361 in last 6 months, £16,747 in last 1 year, £28,838 in last 2 years, £32,081 in last 3 years, £28,795 in last 4 years and £29,826 in last 5 years.
Currently average asking price of a property in Bournemouth is around £290,863 based on approximately 3,308 properties for sale. Same is the case with rental options based on 1,326 properties up for rent, average asking rent is around £1,457 per month.
Estimated property value in Bournemouth is £262,257. Average asking price is £290,863 while average price paid is £234,310 which is up by £16,747 and Avg. asking rent £1,457.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bournemouth area. In last 1 year alone average price buyer paid is around £234,310 based on approximately 3,308 sales in Bournemouth area alone. If you compare it to last 3 years sales of 9,197 properties where buyers paid around £226,158. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £225,627 for 14,814 and average amount paid for purchase of approx. 20,486 properties sold in last 7 years comes to about £223,886 per sale.