16 July 2018

BH23 Property Prices, Values And Asking Prices July 2018

Posted by: IanWatson

Whether you are looking to make a move in the property market or you just want to stay in touch with the latest trends and prices, there is never a bad time to examine the local property market. At Mitchells Estate Agents, we cover a range of areas, so if you want the latest prices and values, contact us. We cover the BH23 postcode area, so allow us to keep you up to date with what is happening in the local market.

The BH23 postcode area covers Christchurch, Mudeford and Highcliffe, so you have a range of options to consider in the local area.

According to Zoopla, the current average value of property in the BH23 postcode area stands at £385,877 and over the past 12 months, there has been a fall in value of £4,712. This represents a change in value of -1.21%. Homeowners don’t want to read about falling values of property but when you consider the amount of factors influencing the UK property market in the past 12 months, this return is not too bad in the grand scheme of things.

Average prices paid are a great starting point when making a move

In the past 12 months, the average price paid for property in BH23 is £387,304. If you are considering different areas, the average price for property is a useful starting point, but if you are looking for a specific type of property, it is best to look at the individual breakdowns per property type, which can be seen below:

  • Average price paid for flats in BH23 in the past year is £225,496
  • Average price paid for terraced properties in BH23 in the past year is £326,825
  • Average price paid for semi-detached properties in BH23 in the past year is £323,243
  • Average price paid for detached properties in BH23 in the past year is £493,226

This spread of prices will hopefully help you find something within your price range or give you an idea of what to expect if you are considering selling your home soon. If you are thinking about selling your home, get in touch with Mitchells Estate Agents and we will be more than happy to assist you.

Are you aware of the growing gap between asking prices and sales prices?

A topic that has been gaining traction in the UK property market of late is the gap between asking prices and sales prices. We believe it is important that you are aware of this gap and that you manage your expectations in the local market. To this extent, we will provide you with an overview of current asking prices, according to Zoopla, for the BH23 postcode area:

  • Average asking price for one-bedroom properties is £189,911
  • Average asking price for two-bedroom properties is £274,588
  • Average asking price for three-bedroom properties is £422,335
  • Average asking price for four-bedroom properties is £668,111
  • Average asking price for five-bedroom properties is £943,997

Knowing the current trends in the market allows you to make a more informed decision, and we are here to help you make the decision that is best for you and your household.

If you are looking for information relating to an individual area of the BH23 postcode area please, come and speak to us as we will be happy to discuss these areas in greater detail, for now, we will present the most recent average price paid for property in the three leading areas of BH23:

  • Average price paid for property in Christchurch over the past 12 months is £387,304
  • Average price paid for property in Mudeford over the past 12 months is £411,499
  • Average price paid for property in Highcliffe over the past 12 months is £418,653

To discuss these prices or any local property matter, get in touch with Mitchells Estate Agents. We are always happy to meet with you and we look forward to helping you soon.

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