House Prices in BH31 House Prices in BH31 (Verwood)

The average house price in BH31 (Verwood) is £359,035 using HM Land Registry data.

The average property price increased by £77,985 (16.3%) over the last 5 years and increased by £15,621 (2.63%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 41 transactions (-22.53%) relative to the previous year. The majority of house sales (37) were in the £392,000 - £468,000 range. Then came properties in the £240,000 - £316,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 159 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,796 (-3%).

In January 2025, there were 28 new estate agency instructions, 29 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in BH31 (Verwood)

16.3%

Property prices in BH31 (Verwood) increased by 16.3% 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 BH31 (Verwood) Over the Last Year

2.63%

Property prices in BH31 (Verwood) increased by 2.63% 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 BH31 (Verwood) - January 2025

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 BH31 (Verwood)

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 BH31 (Verwood)

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 BH31 (Verwood)

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 BH31 (Verwood) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BH31 postcode area since 1995.

Recent Sales in BH31 (Verwood)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 The Forestside, Verwood, Dorset, BH31 7FZ£685,000£675,000-£10,00017 May 202411 Dec 2024208 Days
33 Old Sawmill Close, Verwood, Dorset, BH31 6PT£435,000£418,000-£17,00010 May 202411 Dec 2024215 Days
111 Lake Road, Verwood, Dorset, BH31 6BY£425,000£420,000-£5,00022 May 202411 Dec 2024203 Days
5 Pine View Road, Verwood, Dorset, BH31 6LQ£365,000£365,000£013 May 202406 Dec 2024207 Days
14 Foxes Close, Verwood, Dorset, BH31 6JZ£325,000£315,000-£10,00025 Apr 202406 Dec 2024225 Days
14 Burn Close, Verwood, Dorset, BH31 6DN£400,000£392,000-£8,00029 Aug 202404 Dec 202497 Days
67 Woodlinken Drive, Verwood, Dorset, BH31 6BW£495,000£490,000-£5,00011 Jun 202429 Nov 2024171 Days
41 Glenwood Road, Verwood, Dorset, BH31 6HU£550,000£550,000£010 Jun 202429 Nov 2024172 Days
73 Lake Road, Verwood, Dorset, BH31 6BX£525,000£509,000-£16,00012 Oct 202315 Nov 2024400 Days
4 Field Place, Verwood, Dorset, BH31 7PR£685,000£655,000-£30,00023 Jul 202414 Nov 2024114 Days
64 Manor Road, Verwood, Dorset, BH31 6EA£500,000£480,000-£20,00018 Jun 202414 Nov 2024149 Days
2 Raymond Close, Verwood, Dorset, BH31 6DL£500,000£480,000-£20,00017 Jul 202414 Nov 2024120 Days
34 Hazelwood Drive, Verwood, Dorset, BH31 6YQ£300,000£297,500-£2,50015 Jul 202401 Nov 2024109 Days
39 Starlight Farm Close, Verwood, Dorset, BH31 7BS£470,000£465,000-£5,00006 Aug 202428 Oct 202483 Days
1 Lake Road, Verwood, Dorset, BH31 6BU£525,000£500,000-£25,00008 Aug 202425 Oct 202478 Days
33 Badger Way, Verwood, Dorset, BH31 6JX£360,000£356,394-£3,60615 Jul 202425 Oct 2024102 Days
29 Brook Drive, Verwood, Dorset, BH31 6DH£335,000£320,000-£15,00003 May 202423 Oct 2024173 Days
8 Orchard Court, Verwood, Dorset, BH31 6JH£500,000£475,000-£25,00010 Jul 202423 Oct 2024105 Days
6 Burrows Lane, Verwood, Dorset, BH31 7PH£825,000£795,000-£30,00010 Jun 202421 Oct 2024133 Days
11a, Nightingale Close, Verwood, Dorset, BH31 6NW£235,000£230,000-£5,00029 Jun 202418 Oct 2024111 Days

Most Expensive Streets in BH31 (Verwood)

PostcodeStreetAreaAverageNo. of Sales
BH31 6PXStagswoodVerwood£728,3333
BH31 7PLGorse Knoll DriveVerwood£661,2504
BH31 7PHBurrows LaneVerwood£661,0003
BH31 7BQSt Stephens LaneVerwood£654,7147
BH31 7PDMoorlands RoadVerwood£631,7504
BH31 7PRField PlaceVerwood£596,5005
BH31 7ATMerryfield CloseVerwood£593,7504
BH31 6BXLake RoadVerwood£588,60010
BH31 7DPVicarage RoadVerwood£582,5004
BH31 7BTSchool CloseVerwood£577,4166

Least Expensive Streets in BH31 (Verwood)

PostcodeStreetAreaAverageNo. of Sales
BH31 7QFDukes Court, Jenner CloseVerwood£179,2005
BH31 7ALRingwood RoadVerwood£186,7506
BH31 7QBPeel CloseVerwood£187,20517
BH31 7AYBrock Court, Peel CloseVerwood£187,9068
BH31 7BPHeathpoult RoadVerwood£214,8577
BH31 6UGCheviot WayVerwood£217,2667
BH31 6UJCotswold CloseVerwood£217,83315
BH31 6BGChurch Hill Court, Church HillVerwood£221,8754
BH31 7BAHeather GardensVerwood£234,3754
BH31 6TSBingham CloseVerwood£235,6188

Explore BH31 (Verwood) using map