Housing Market Analysis for SOMERSET CLOSE, SP8 4LY

Are you looking to understand SP8 4LY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Dorset postcode.

For the location information and nearby amenities in the SP8 4LY area, explore the SP8 4LY Area information page.
For comprehensive crime statistics in the SP8 4LY area, explore the SP8 4LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SP8 4LY postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £129,362 median price is £135,000 Standard Deviation is £48,289 with Total Sold: 29
- The Last 5 Year average price is £237,500 with Total Sold: 2
- The most recent sale happened at this postcode is 11 SOMERSET CLOSE: £245,000 (Sold on 07 Oct 2022)
- The first recorded sale happened at this postcode is 18 SOMERSET CLOSE: £44,000 (Sold on 01 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SP8 4LY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£237,500	£4,397	2
2016	£166,500	£3,142	2
2015	£148,500	£2,773	2
2014	£165,500	£2,841	2
2012	£131,833	£2,363	3
2011	£155,000	£2,484	1
2010	£148,000	£2,372	1
2009	£132,000	£2,491	1
2008	£145,000		1
2007	£170,000	£2,656	1
2005	£151,500		1
2004	£147,500	£2,305	1
2003	£112,500		2
2002	£96,167	£1,496	3
2000	£72,000		1
1999	£64,500	£844	2
1998	£56,250	£962	2
1997	£44,000	£698	1

All the Sales in the SOMERSET CLOSE, SP8 4LY

See the table below for more details on the sold house prices in the SP8 4LY, Dorset postcode.

Address	Sold Date	Price	% Change
11 SOMERSET CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1967-1975	07 Oct 2022	£245,000	First Sale
17 SOMERSET CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	24 Mar 2022	£230,000	36.90%
	28 Jan 2016	£168,000	27.27%
	06 Nov 2009	£132,000	First Sale
18 SOMERSET CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1950-1966	01 Feb 2016	£165,000	275.00%
	01 Apr 1997	£44,000	First Sale
4 SOMERSET CLOSESemi-Detached, FreeholdArea: 54.958 Sq.mtrAge: 1950-1966	21 Jan 2015	£160,000	22.61%
	29 Jun 2012	£130,500	First Sale
12 SOMERSET CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1967-1975	09 Jan 2015	£137,000	First Sale
20 SOMERSET CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1950-1966	26 Nov 2014	£157,000	16.30%
	06 Aug 2012	£135,000	First Sale
19 SOMERSET CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	26 Aug 2014	£174,000	2.35%
	20 Aug 2007	£170,000	15.25%
	14 Jul 2004	£147,500	60.33%
	02 May 2002	£92,000	70.37%
	11 Jun 1999	£54,000	First Sale
10 SOMERSET CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-1975	29 Feb 2012	£130,000	First Sale
15 SOMERSET CLOSESemi-Detached, FreeholdArea: 62.4 Sq.mtrAge: 1976-1982	28 Jul 2011	£155,000	4.73%
	26 Mar 2010	£148,000	52.58%
	06 Jun 2002	£97,000	61.67%
	29 Jun 1998	£60,000	First Sale
3 SOMERSET CLOSESemi-Detached, Freehold	13 Oct 2008	£145,000	26.09%
3 SOMERSET CLOSESemi-Detached, Freehold	21 Feb 2003	£115,000	First Sale
2 SOMERSET CLOSESemi-Detached, Freehold	08 Sep 2005	£151,500	188.57%
2 SOMERSET CLOSESemi-Detached, Freehold	30 Sep 1998	£52,500	First Sale
1 SOMERSET CLOSESemi-Detached, Freehold	31 Jan 2003	£110,000	First Sale
6 SOMERSET CLOSESemi-Detached, Freehold	09 Aug 2002	£99,500	First Sale
8 SOMERSET CLOSESemi-Detached, Freehold	12 Jun 2000	£72,000	First Sale
9 SOMERSET CLOSESemi-Detached, Freehold	21 Jul 1999	£75,000	First Sale

Check out the sold house prices near the SP8 4LY postcode. Properties currently for saleProperties currently for rent

SOMERSET CLOSE, SP8 4LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SP8 4LY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SP8 4LY postcode.

Semi-Detached
- The average price is around £139,809 median price is £146,892 Standard Deviation is £67,040 with Total Sold: 1,132
- The Last 5 Year average price is £234,056 with Total Sold: 148
- The most recent sale happened at this postcode is , 11 CORDERY GARDENS: £242,500 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 33 SHREEN WAY: £48,000 (Sold on 10 Jan 1995)
Detached
- The average price is around £216,732 median price is £208,750 Standard Deviation is £95,932 with Total Sold: 952
- The Last 5 Year average price is £328,260 with Total Sold: 143
- The most recent sale happened at this postcode is , IVY COTTAGE DOLPHIN LANE: £298,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , ANFEICA ROLLS BRIDGE: £82,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £94,949 median price is £96,000 Standard Deviation is £36,807 with Total Sold: 191
- The Last 5 Year average price is £127,500 with Total Sold: 30
- The most recent sale happened at this postcode is FLAT 8, QUEENS COURT QUEEN STREET: £177,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 32 SAXON MEAD CLOSE: £45,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £127,928 median price is £131,750 Standard Deviation is £56,468 with Total Sold: 804
- The Last 5 Year average price is £204,482 with Total Sold: 112
- The most recent sale happened at this postcode is , 6 WAVERLAND TERRACE: £222,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 7 HEATHERFIELDS: £44,000 (Sold on 12 Jan 1995)
Other
- The average price is around £235,040 median price is £219,500 Standard Deviation is £168,658 with Total Sold: 15
- The Last 5 Year average price is £255,782 with Total Sold: 11
- The most recent sale happened at this postcode is , 2A MARLOTT ROAD: £148,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is , 10 HORSEFIELDS: £141,000 (Sold on 10 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,667	£4,151	9
2023	£236,202	£3,603	22
2022	£267,148	£3,598	28
2021	£220,973	£3,327	39
2020	£218,364	£3,090	22
2019	£222,564	£2,852	28
2018	£216,847	£2,950	36
2017	£207,277	£2,930	35
2016	£175,698	£2,716	33
2015	£173,679	£2,663	36
2014	£167,564	£2,495	22
2013	£157,417	£2,279	24
2012	£159,895	£2,546	38
2011	£155,537	£2,339	26
2010	£163,250	£2,357	24
2009	£152,348	£2,423	27
2008	£161,222	£2,132	18
2007	£176,006	£2,450	41
2006	£164,314	£2,245	60
2005	£156,333	£2,160	47
2004	£154,140	£2,207	41
2003	£130,820	£2,044	55
2002	£109,610	£1,572	55
2001	£97,137	£1,350	60
2000	£80,076	£1,117	44
1999	£66,446	£975	53
1998	£59,631	£957	55
1997	£53,137	£737	63
1996	£48,980	£735	48
1995	£50,602	£729	43

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,922	£3,239	10
2023	£352,933	£3,699	15
2022	£360,045	£3,743	40
2021	£317,554	£3,307	41
2020	£294,798	£2,970	20
2019	£282,379	£2,966	17
2018	£304,167	£3,078	21
2017	£315,309	£2,891	29
2016	£267,867	£2,775	30
2015	£267,224	£2,468	31
2014	£237,874	£2,524	40
2013	£216,909	£2,405	17
2012	£231,350	£2,236	20
2011	£221,815	£2,288	22
2010	£247,898	£2,434	27
2009	£208,421	£2,403	21
2008	£252,922	£2,584	16
2007	£251,609	£2,363	49
2006	£226,982	£2,239	49
2005	£220,865	£2,014	26
2004	£223,450	£2,114	47
2003	£197,805	£1,963	43
2002	£173,066	£1,589	85
2001	£154,082	£1,480	71
2000	£101,500	£1,161	12
1999	£118,733	£1,093	38
1998	£91,690	£921	22
1997	£95,805	£947	31
1996	£85,383	£776	30
1995	£80,634	£818	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,667		3
2023	£117,800	£1,865	5
2022	£117,667	£2,091	9
2021	£148,000	£1,967	6
2020	£110,000	£2,836	2
2019	£123,400	£1,740	5
2018	£130,000	£1,757	1
2017	£109,429	£1,982	7
2016	£121,417	£2,189	6
2015	£100,000	£1,966	2
2014	£116,111	£1,821	9
2013	£119,000	£1,514	6
2012	£123,500	£1,596	2
2011	£104,636	£1,460	7
2010	£123,000	£2,063	5
2009	£110,190	£1,595	5
2008	£123,500	£2,146	4
2007	£130,490	£2,020	10
2006	£105,357	£1,964	7
2005	£106,350	£1,840	5
2004	£98,341	£1,795	16
2002	£76,624	£1,337	10
2001	£73,194	£1,188	9
2000	£58,221	£925	17
1999	£55,625	£703	8
1998	£50,250	£745	9
1997	£36,844	£611	8
1996	£39,158	£505	6
1995	£49,000	£757	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,429	£2,793	7
2023	£245,364	£2,909	11
2022	£212,000	£3,073	27
2021	£201,000	£2,861	28
2020	£197,125	£2,762	20
2019	£182,289	£2,523	19
2018	£159,789	£2,503	18
2017	£183,167	£2,504	27
2016	£169,606	£2,321	18
2015	£155,857	£2,503	23
2014	£149,456	£2,075	33
2013	£145,580	£2,252	22
2012	£133,967	£2,162	15
2011	£138,654	£2,010	13
2010	£140,029	£2,181	17
2009	£134,969	£2,069	21
2008	£152,329	£1,876	12
2007	£163,457	£2,068	23
2006	£150,133	£2,237	44
2005	£145,403	£2,052	29
2004	£135,900	£2,151	48
2003	£117,858	£1,938	47
2002	£97,609	£1,462	60
2001	£86,131	£1,283	52
2000	£75,345	£1,241	26
1999	£59,803	£774	39
1998	£54,450	£858	30
1997	£50,562	£761	29
1996	£44,100	£679	25
1995	£49,036	£677	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£148,000	£2,209	1
2021	£192,433	£1,567	6
2020	£371,667	£2,364	3
2019	£396,000		1
2017	£178,000	£2,034	4

House Type in SP8 4LY area

The most common house types in the SP8 4LY postcode area are Semi-detached (58), Detached (38), and Terraced (15).

Total	111
Semi-detached	58
Detached	38
Terraced	15
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	32
Private rented: Private landlord or letting agency	8
Social rented: Other social rented	6
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SP8 4LY have 2 people in household (53), and 1 person in household (29).

2 people in household	53
1 person in household	29
3 people in household	20
4 people in household	7
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0