BH5 1LB

Michelgrove Road, Bournemouth, South West

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BH5 1LBHouse Prices / South West, Bournemouth, Michelgrove Road

Name: BH5 1LB
Address: BH5 1LB, Bournemouth, South West, BH5 1LB, United Kingdom

Last updated May 2026

Key Postcode Insights

BH5 1LB is a residential postcode situated on Michelgrove Road, Bournemouth, BH5 with 7 addresses.

It ranks as the 26th largest and 138th most expensive of the 239 postcodes in the BH5 area. The dominant property type is a period flat built between 1800 and 1911.

The postcode contains a total of 7 properties: 7 flats.

Properties

Flats

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Key Postcode Insights

BH5 1LB is a residential postcode situated on Michelgrove Road, Bournemouth, BH5 with 7 addresses.

It ranks as the 26th largest and 138th most expensive of the 239 postcodes in the BH5 area. The dominant property type is a period flat built between 1800 and 1911.

The postcode contains a total of 7 properties: 7 flats.

Properties

Flats

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House Pricesin BH5 1LB

Sale prices range from £224,920 for 2 bedroom Leasehold flats (667 ft²) to £274,387 for 3 bedroom Leasehold flats with a garden (925 ft²) .

Monthly rental prices range from £937 pcm for 2 bed flats to £1,119 pcm for 3 bed flats.

The gross rental yield is between 4.6% and 5.4%.

The average value per square foot is £311.

Average Sale Value

£251,012

Average Rental Value

£1,025 pcm

Average Rental Yield

4.9% /year

Average Value Per Sqft

£311 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin BH5 1LB

The last sale in BH5 1LB sold for £250,000 on 10th March 2021. Since then prices are up an average of 3.2%.

The current average value in the postcode is £251,012.
The BH5 1LB Sales Market has increased by 16.4% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.7%	£251,012
April 2025	-1.2%	£255,347
April 2024	-1.6%	£258,517
April 2023	0.1%	£262,686
April 2022	7.7%	£262,524
April 2021	-0.4%	£243,857
April 2020	5.8%	£244,770
April 2019	-1%	£231,355
April 2018	4.5%	£233,586
April 2017	3.6%	£223,559
April 2016	3.6%	£215,722
April 2015	1.7%	£208,163
April 2014	7.7%	£204,628
April 2013	-1.5%	£190,061
April 2012	-4.4%	£192,930
April 2011	1.4%	£201,909
April 2010	-0.8%	£199,037
April 2009	-7.2%	£200,555
April 2008	3.5%	£216,111
April 2007	0%	£208,746

Rental Market Trendsin BH5 1LB

The current average rental value in the postcode is £1,025.
The BH5 1LB Rental Market has increased by 36.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2.5%	£1,025pcm
April 2025	-1%	£1,000pcm
April 2024	6.5%	£1,010pcm
April 2023	11.4%	£949pcm
April 2022	7.6%	£852pcm
April 2021	5.8%	£791pcm
April 2020	0.5%	£748pcm
April 2019	0.9%	£744pcm
April 2018	-1.1%	£738pcm
April 2017	-0.9%	£746pcm
April 2016	4.2%	£753pcm
April 2015	3.7%	£722pcm
April 2014	2.7%	£696pcm
April 2013	2.4%	£678pcm
April 2012	1.6%	£662pcm
April 2011	1.6%	£652pcm
April 2010	1.5%	£641pcm
April 2009	-6.1%	£632pcm
April 2008	5%	£673pcm
April 2007	0%	£641pcm

Explore Buildingsin BH5 1LB, Michelgrove Road, Bournemouth, BH5

Barton Manor, Michelgrove Road, Bournemouth, BH5Building 7 units

Sales History
in BH5 1LB

The last sale was on 10th March 2021 for £250,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 10 sales since 1995.