BH8 8TH is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 103 addresses.
It ranks as the 596th largest and 121st most expensive of the 605 postcodes in the BH8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 103 properties: 99 flats and 4 other properties.
BH8 8TH is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 103 addresses.
It ranks as the 596th largest and 121st most expensive of the 605 postcodes in the BH8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 103 properties: 99 flats and 4 other properties.
Sale prices range from £124,568 for 1 bedroom leasehold flats with a balcony (322 ft2) to £220,149 for 3 bedroom leasehold flats (863 ft2) .
Monthly rental prices range from £750 pcm for 1 bed flats to £1,211 pcm for 3 bed flats.
The gross rental yield is between 6.6% and 7.2%.
The average value per square foot is £287.
The last sale in BH8 8TH sold for £175,000 on 18th September 2024. Since then prices are down an average of 6.7%.
The current average value in the postcode is £173,005.
The BH8 8TH Sales Market has increased by 11.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £173,005 |
| April 2025 | -1.9% | £179,567 |
| April 2024 | -1.1% | £182,982 |
| April 2023 | -0.2% | £185,022 |
| April 2022 | 7.4% | £185,319 |
| April 2021 | 2.8% | £172,538 |
| April 2020 | 3.4% | £167,779 |
| April 2019 | -0.5% | £162,257 |
| April 2018 | 2.6% | £163,120 |
| April 2017 | 2.5% | £159,026 |
| April 2016 | 6.2% | £155,073 |
| April 2015 | 4.4% | £146,073 |
| April 2014 | 7.6% | £139,902 |
| April 2013 | 1.5% | £130,046 |
| April 2012 | 1.1% | £128,157 |
| April 2011 | -2.1% | £126,776 |
| April 2010 | 4.1% | £129,511 |
| April 2009 | -15.4% | £124,449 |
| April 2008 | -1.8% | £147,053 |
| April 2007 | 0% | £149,678 |
The current average rental value in the postcode is £999.
The BH8 8TH Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £999pcm |
| April 2025 | 1.7% | £979pcm |
| April 2024 | 7.1% | £962pcm |
| April 2023 | 6.3% | £898pcm |
| April 2022 | 6.7% | £845pcm |
| April 2021 | 4.1% | £791pcm |
| April 2020 | 2.1% | £760pcm |
| April 2019 | 0.3% | £744pcm |
| April 2018 | 0.7% | £742pcm |
| April 2017 | -0.1% | £738pcm |
| April 2016 | 3.6% | £738pcm |
| April 2015 | 2.1% | £712pcm |
| April 2014 | 2.8% | £698pcm |
| April 2013 | 2.1% | £679pcm |
| April 2012 | 1.8% | £665pcm |
| April 2011 | 0.8% | £653pcm |
| April 2010 | 1.7% | £648pcm |
| April 2009 | -6.1% | £638pcm |
| April 2008 | 4.6% | £679pcm |
| April 2007 | 0% | £649pcm |
The last sale was on 18th September 2024 for £175,000 and since then the market in the area has decreased by 6.7%. The postcode has had a total of 118 sales since 1995.
BH8 8TH has seen 7 sales in the last three years and no sales in the last twelve months.
BH8 8TH is the 596th largest and the 121st most expensive postcode out of the 605 postcodes in the BH8 area.
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The closest station to BH8 8TH is Bournemouth station which is 1.2 kilometres away.
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