The start of a year provides an opportunity for a fresh start, and a chance to make plans for what lies ahead.
While 2021 is likely to be a year of great uncertainty, there will be opportunities for people to make the most of the year.
It is correct to say the housing market ended 2020 in a robust manner. Many industry experts believe the market will continue in this vein for some time. However, there are concerns over the longer-term nature of the property market in 2021.
At Austin Property Services, we want you to make an informed decision at all times. We know the local market well, and we are pleased to say we have helped many buyers and vendors in and around Bournemouth.
We are committed to staying in touch with the latest property market news, and we listen to what the leading property portals say about the local and national markets. If you are keen to make an informed decision regarding the housing market, please rely on us.
As of the end of December 2020, Rightmove said the following regarding the Bournemouth housing market.
“Properties in Bournemouth had an overall average price of £291,533 over the last year. The majority of sales in Bournemouth during the last year were flats, selling for an average price of £207,222. Detached properties sold for an average of £404,822, with semi-detached properties fetching £295,794.
Overall, sold prices in Bournemouth over the last year were 2% up on the previous year and 10% up on the 2017 peak of £265,468.”
At the end of December 2020, Rightmove had a total of 1,709 properties listed for sale in Bournemouth.
Of the 1,709 listed properties in Bournemouth, 215 are listed as detached properties, while 135 are classed as semi-detached property.
Flats are the most common property for sale in Bournemouth
There is a slight fall when it comes to terraced properties, with 94 terraced properties listed for sale in and around Bournemouth according to Rightmove near the end of December.
Therefore, it shouldn’t be a surprise that the most popular form of property listed for sale in Bournemouth is flats. There are 1,147 flats listed for sale in the local area. There were 117 bungalows listed for sale in Bournemouth at this time.
Garden space and parking spots are in high demand
The most popular search term used by property buyers in 2020, according to Zoopla, was gardens. Parking was also another common search term, with garage space rounding out the top three terms.
If you are looking for these features in a property, you will be pleased to know they are available in abundance in and around Bournemouth.
Of the 1,709 listed properties in Bournemouth, 1,173 have been listed has having a garden.
If you are looking for property with a dedicated parking space, there are 1,464 listings with parking for property in Bournemouth.
A total of 1,051 properties for sale in Bournemouth are listed as offering a garden and parking space.