The average property value in New Forest is £451,990 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in New Forest grew by £49,795. Compare house prices by area
Average property prices in New Forest grew by 12.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.5% per year.
If prices in New Forest continue to rise by 4.5% a year, the average property price will be £538,475 in 2025.
There were 3,403 property sales in New Forest in the year ending June 2021, an increase of 997 when compared to the previous year.
The average price for a house in New Forest ranges from £310,701 for a terraced house to £590,079 for a detached house, with semi-detached in between costing on average £362,273.
The average price for a flat or maisonette in New Forest is £241,687.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in New Forest, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 45.3% from £406,224 to £590,079, semi-detached house prices have risen 48.4% from £244,158 to £362,273, terraced house prices have risen 51.7% from £204,786 to £310,701, and flat prices have risen 34.4% from £179,871 to £241,687.
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The most common type of property sold in New Forest during the year ending June 2021 was detached houses, which accounted for 49.7% of properties.
The least commonly available type of property sold in New Forest were flats, which account for 12.1% of properties sold.
Of the properties sold in New Forest during 2021, 2.5% were new build properties.
The average price paid for a new build property in New Forest was £30,675 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was semi-detached houses (34% of new build properties sold). For existing properties, the most common type is detached houses (50% of existing properties sold).
The most common price band for property sales in New Forest is £300k - £400k, which accounted for 17.2% of properties sold in 2021.
2.3% of properties in New Forest had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in New Forest were in the £50k - £100k price bracket, accounting for 0.4% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics