BH8 8TE is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 12 addresses.
It ranks as the 193rd largest and 44th most expensive of the 605 postcodes in the BH8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
BH8 8TE is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 12 addresses.
It ranks as the 193rd largest and 44th most expensive of the 605 postcodes in the BH8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £130,902 for 1 bedroom leasehold flats (398 ft2) to £188,419 for 2 bedroom leasehold flats (790 ft2) .
Monthly rental prices range from £822 pcm for 1 bed flats to £1,096 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.7%.
The average value per square foot is £294.
The last sale in BH8 8TE sold for £150,000 on 24th January 2025. Since then prices are down an average of 5.3%.
The current average value in the postcode is £155,163.
The BH8 8TE Sales Market has increased by 12.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £155,163 |
| April 2025 | -1.9% | £160,981 |
| April 2024 | -1.2% | £164,081 |
| April 2023 | 0.2% | £166,000 |
| April 2022 | 7.3% | £165,737 |
| April 2021 | 3.1% | £154,444 |
| April 2020 | 3.2% | £149,761 |
| April 2019 | -0.9% | £145,151 |
| April 2018 | 2.9% | £146,473 |
| April 2017 | 3% | £142,405 |
| April 2016 | 6.3% | £138,298 |
| April 2015 | 4.1% | £130,074 |
| April 2014 | 8% | £124,980 |
| April 2013 | 0.7% | £115,759 |
| April 2012 | 1.1% | £114,945 |
| April 2011 | -1.6% | £113,698 |
| April 2010 | 2.7% | £115,602 |
| April 2009 | -15.9% | £112,584 |
| April 2008 | -1.5% | £133,891 |
| April 2007 | 0% | £135,967 |
The current average rental value in the postcode is £954.
The BH8 8TE Rental Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £954pcm |
| April 2025 | 1.7% | £934pcm |
| April 2024 | 7.1% | £919pcm |
| April 2023 | 6.7% | £858pcm |
| April 2022 | 6.6% | £804pcm |
| April 2021 | 4.4% | £754pcm |
| April 2020 | 1.9% | £722pcm |
| April 2019 | -0.1% | £709pcm |
| April 2018 | 0.9% | £710pcm |
| April 2017 | 0.3% | £703pcm |
| April 2016 | 3.8% | £701pcm |
| April 2015 | 1.7% | £676pcm |
| April 2014 | 3.2% | £664pcm |
| April 2013 | 1.3% | £643pcm |
| April 2012 | 1.8% | £635pcm |
| April 2011 | 1.3% | £624pcm |
| April 2010 | 0.3% | £616pcm |
| April 2009 | -6.7% | £614pcm |
| April 2008 | 4.9% | £658pcm |
| April 2007 | 0% | £627pcm |
The last sale was on 24th January 2025 for £150,000 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 25 sales since 1995.
BH8 8TE has seen 3 sales in the last three years and no sales in the last twelve months.
BH8 8TE is the 193rd largest and the 44th most expensive postcode out of the 605 postcodes in the BH8 area.
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The closest station to BH8 8TE is Bournemouth station which is 1.1 kilometres away.
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