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House Prices in BH24 House Prices in BH24 (Ringwood)

The average house price in BH24 (Ringwood) is £475,472 using HM Land Registry data.

The average property price increased by £102,158 (33.53%) over the last 5 years and increased by £20,469 (4.81%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 61 transactions (-24.40%) relative to the previous year. The majority of house sales (54) were in the £230,000 - £370,000 range. Then came properties in the £370,000 - £510,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 146 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,239 (-4%).

In December 2024, there were 35 new estate agency instructions, 39 agreed home sales and 23 property price reductions.

Nearby Postcodes: BH10, BH11, BH16, BH17, BH18, BH21, BH22, BH23, BH25, BH31, BH6, BH7, BH8, BH9, DT11, SO40, SO41, SO42, SO43, SO45, SO51, SP5, SP6

5-Year Average Property Prices in BH24 (Ringwood)

33.53%

Property prices in BH24 (Ringwood) increased by 33.53% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BH24 (Ringwood) Over the Last Year

4.81%

Property prices in BH24 (Ringwood) increased by 4.81% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BH24 (Ringwood) - December 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BH24 (Ringwood)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BH24 (Ringwood)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BH24 (Ringwood)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BH24 (Ringwood) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BH24 postcode area since 1995.

Recent Sales in BH24 (Ringwood)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
118 Northfield Road, Ringwood, Hampshire, BH24 1SU£775,000£713,000-£62,00013 Jun 202422 Nov 2024162 Days
40 Hurst Road, Ringwood, Hampshire, BH24 1AX£400,000£400,000£008 Jul 202421 Nov 2024136 Days
38 Spittlefields, Ringwood, Hampshire, BH24 1QH£350,000£320,000-£30,00015 Sep 202320 Nov 2024432 Days
3 Cunningham Close, Ringwood, Hampshire, BH24 1XW£325,000£312,500-£12,50005 Aug 202415 Nov 2024102 Days
Uplands, Bisterne Close, Burley, Ringwood, Hampshire, BH24 4AZ£2,000,000£1,800,000-£200,00005 Dec 202307 Nov 2024338 Days
110 The Mount, Poulner, Ringwood, Hampshire, BH24 1XZ£325,000£315,000-£10,00003 Oct 202405 Nov 202433 Days
Flat 11, Androse Gardens, Bickerley Road, Ringwood, Hampshire, BH24 1EG£85,000£85,000£028 May 202401 Nov 2024157 Days
14b, Broadshard Lane, Ringwood, Hampshire, BH24 1RR£500,000£480,000-£20,00010 May 202401 Nov 2024175 Days
5 Wessex Estate, Ringwood, Hampshire, BH24 1XD£295,000£275,000-£20,00020 Apr 202401 Nov 2024195 Days
22 Top Lane, Ringwood, Hampshire, BH24 1LF£650,000£650,000£015 Jul 202430 Oct 2024107 Days
200 Southampton Road, Ringwood, Hampshire, BH24 1JG£775,000£745,000-£30,00029 Feb 202428 Oct 2024242 Days
59 Kingsfield, Ringwood, Hampshire, BH24 1PJ£425,000£418,000-£7,00010 Jul 202428 Oct 2024110 Days
8 Bracken Close, Ashley Heath, Ringwood, Dorset, BH24 2HF£514,500£492,500-£22,00013 Jun 202421 Oct 2024130 Days
9 Compton Beeches, St Ives, Ringwood, Dorset, BH24 2PN£510,000£500,000-£10,00002 May 202411 Oct 2024162 Days
38 Hurst Road, Ringwood, Hampshire, BH24 1AX£400,000£390,000-£10,00029 May 202427 Aug 202490 Days
16 Seymour Road, Ringwood, Hampshire, BH24 1SG£699,999£680,000-£19,99922 May 202308 Aug 2024444 Days
Flat 56, Lynes Court, Bickerley Road, Ringwood, Hampshire, BH24 1ES£135,000£120,000-£15,00010 Oct 202302 Aug 2024297 Days
2 Ross Road, Ringwood, Hampshire, BH24 1XG£450,000£443,000-£7,00007 Feb 202401 Aug 2024176 Days
20 Forest Edge Drive, Ashley Heath, Ringwood, Dorset, BH24 2ER£550,000£545,000-£5,00019 Apr 202431 Jul 2024103 Days
145 Hightown Road, Ringwood, Hampshire, BH24 1NL£625,000£600,000-£25,00006 Oct 202331 Jul 2024299 Days

Most Expensive Streets in BH24 (Ringwood)

PostcodeStreetAreaAverageNo. of Sales
BH24 2DQWindmill LaneRingwood£1,838,3336
BH24 2BHAvon AvenueRingwood£1,730,0003
BH24 2BJThe Close, Avon CastleRingwood£1,716,6663
BH24 2BAAvon Castle DriveRingwood£1,395,0003
BH24 2BBAvon Castle DriveRingwood£1,327,5006
BH24 2APGreenacres CloseRingwood£1,319,2383
BH24 4HNCoach Hill Lane, BurleyRingwood£1,318,2433
BH24 3HFForest Lane, Hightown HillRingwood£1,317,6254
BH24 2BQAvon AvenueRingwood£1,296,8577
BH24 2BEAvon Castle DriveRingwood£1,285,3577

Least Expensive Streets in BH24 (Ringwood)

PostcodeStreetAreaAverageNo. of Sales
BH24 1BWOaktree House, Gooseberry LaneRingwood£153,0717
BH24 1AJDeweys LaneRingwood£157,47218
BH24 3BEWillow DriveRingwood£165,20010
BH24 1FBEuston GroveRingwood£169,0007
BH24 1JDSouthampton RoadRingwood£174,41612
BH24 1ALStar LaneRingwood£175,0003
BH24 1FACharing CloseRingwood£176,2779
BH24 1HTSouthampton RoadRingwood£179,8333
BH24 1EGBickerley RoadRingwood£185,08312
BH24 1EPMillstream Court, Deweys LaneRingwood£192,3333

Explore BH24 (Ringwood) using map

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