BH5 (Bournemouth) area guide

BH5
Bournemouth
The BH5 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Boscombe, Boscombe East, Boscombe West, Bournemouth, East Cliff and Springbourne.
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Notes:

A Mouseprice property guide for BH5 Bournemouth is coming soon. In the meantime, please have a look at the raw data and statistics about BH5 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Bournemouth propertyThe size of the property market in BH5 is 4789 homes.

Bournemouth propertyProperty in this postcode district (BH5) has been growing at a nominal annual rate of 11% over the last 5 years. This rate can be indicative ofa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Bournemouth propertyDuring the last 3 months, property in this postcode district has averaged a value of £188803.

Bournemouth propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7.9.

Bournemouth propertyNew transactions as a percentage of overall sales are 11.7%.

Housing stock:

Bournemouth propertyOver half of the properties in the area are Flats, at 72.8% of the total housing stock.

Bournemouth propertyTerraced Houses account for the lowest percentage of the housing stock in this district, at only 3.3%.

Bournemouth propertyThe property in this area caters well for retirees and young couples who do not have large families.

Bournemouth propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 4.8%.

Bournemouth propertyThe majority of property in this area is owner occupied.

Bournemouth propertyThe average price of a two bed property in this area is less that the national average of £187894 at £175484.

Who lives here:

Bournemouth propertyTotal population in this area is 9064.
Bournemouth propertyThe average age in this area is 40.
Bournemouth propertySingle people make up 39.2% of the population in this postcode district.
Bournemouth propertyAverage working hours in this area for men are 41 and for women are 33.
Bournemouth propertyThis is one of the most densely populated places in the country, with 50.1 people per square kilometre.
Bournemouth propertyThe largest source of work in this area is Wholesale & Retail (17% of workers), followed by Construction (12.8%).