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Dorchester House Prices Dorchester House Prices

The average house price in Dorchester is £353,178 using HM Land Registry data.

The average property price increased by £49,746 (15.48%) over the last 5 years and increased by £9,945 (2.75%) over the last 12 months.

Over the last year, there were 329 residential property sales – a decrease of 151 transactions (-45.90%) relative to the previous year. The majority of house sales (76) were in the £236,000 - £322,000 range. Then came properties in the £150,000 - £236,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,455 (-2%).

In Oct 24, there were 74 new estate agency instructions, 46 agreed home sales and 32 property price reductions.

Postcodes Covered: DT1

5-Year Average Property Prices in Dorchester

15.48%

Property prices in Dorchester increased by 15.48% 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 Dorchester Over the Last Year

2.75%

Property prices in Dorchester increased by 2.75% 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 Dorchester - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Dorchester

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 Dorchester

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 Dorchester

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 Dorchester since 1995

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

Recent Property Sales in Dorchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Whitfield Road, Dorchester, Dorset, DT1 2NW£190,000£182,500-£7,50007 May 202416 Aug 2024101 Days
30 Dukes Avenue, Dorchester, Dorset, DT1 1EN£275,000£270,000-£5,00023 Apr 202409 Aug 2024108 Days
9 Roman Road, Dorchester, Dorset, DT1 2QW£395,000£385,000-£10,00006 Apr 202401 Aug 2024117 Days
34 Little Keep Gate, Barrack Road, Dorchester, Dorset, DT1 1AH£70,000£70,000£0017 Feb 202328 Jul 2024527 Days
14 Moynton Road, Dorchester, Dorset, DT1 2TT£450,000£430,000-£20,00006 Mar 202415 Jul 2024131 Days
17 Lancaster Road, Dorchester, Dorset, DT1 1QH£600,000£585,000-£15,00012 Apr 202405 Jul 202484 Days
1 Sherberton Street, Poundbury, Dorchester, Dorset, DT1 3TW£565,000£555,000-£10,00031 Aug 202304 Jul 2024308 Days
5 James Close, Dorchester, Dorset, DT1 2GZ£300,000£285,000-£15,00004 Mar 202427 Jun 2024115 Days
16a, High Street, Fordington, Dorchester, Dorset, DT1 1JZ£150,000£116,000-£34,00006 Oct 202325 Jun 2024263 Days
6 Friars Close, Dorchester, Dorset, DT1 2AD£575,000£550,000-£25,00026 Feb 202421 Jun 2024116 Days
11 Gladiator Green, Dorchester, Dorset, DT1 2RW£290,000£290,000£0013 Feb 202420 Jun 2024128 Days
5 Fourgates Road, Dorchester, Dorset, DT1 2NL£340,000£325,000-£15,00018 Nov 202317 Jun 2024212 Days
7 Rampart Walk, Dorchester, Dorset, DT1 2QZ£335,000£325,000-£10,00020 Feb 202413 Jun 2024114 Days
Flat 48, Grove Court, The Grove, Dorchester, Dorset, DT1 1XL£150,000£150,000£0026 Dec 202312 Jun 2024169 Days
1 Whitecross Square, Poundbury, Dorchester, Dorset, DT1 3RA£635,000£635,000£0030 Jan 202411 Jun 2024133 Days
72 Eddison Avenue, Dorchester, Dorset, DT1 1NY£300,000£287,500-£12,50014 Nov 202307 Jun 2024206 Days
92 Weatherbury Way, Dorchester, Dorset, DT1 2EG£325,000£313,000-£12,00028 Feb 202407 Jun 2024100 Days
12 Monmouth Road, Dorchester, Dorset, DT1 2DG£435,000£430,000-£5,00008 Mar 202423 May 202476 Days
Flat 3, Mansell House, Bridport Road, Poundbury, Dorchester, Dorset, DT1 3TS£295,000£295,000£0030 Jan 202420 May 2024111 Days
3 Beechwood Square, Poundbury, Dorchester, Dorset, DT1 3SS£350,000£342,500-£7,50008 Feb 202410 May 202492 Days

Most Expensive Streets in Dorchester

PostcodeStreetAreaAverageNo. of Sales
DT1 3DURoyal PavilionPavilion Green£897,50014
DT1 3HSPavilion Green WestPoundbury£894,9504
DT1 3DEReeve LanePoundbury£830,0003
DT1 3EADukes ParadePoundbury£760,5717
DT1 2BSHerringston RoadDorchester£700,6663
DT1 2AUManor RoadDorchester£668,3184
DT1 2AXManor RoadDorchester£658,0003
DT1 2BYSouth Court AvenueDorchester£640,2504
DT1 3JESydenham SquarePoundbury£629,75010
DT1 2BJWellbridge CloseDorchester£628,3333

Least Expensive Streets in Dorchester

PostcodeStreetAreaAverageNo. of Sales
DT1 3BYQueen Mother SquarePoundbury£55,6876
DT1 3DJHamslade CourtPoundbury£77,5833
DT1 1HHHigh East StreetDorchester£81,6663
DT1 1WNSignal House 4Bitter End£83,19010
DT1 1UQHomechester HouseHigh West Street, Dorchester£83,32317
DT1 2NFVictoria CourtCambridge Road£107,25012
DT1 3WEPeverell Avenue EastPoundbury£129,1005
DT1 3GXFleur-de-lisMiddlemarsh Street, Poundbury£130,3279
DT1 2NERussell CourtLouise Road£134,0003
DT1 2FBSt Martins PlaceDorchester£138,6666

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