BH8 8TZ is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 10 addresses.
It ranks as the 160th largest and 103rd 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 10 properties: 1 house and 9 flats.
BH8 8TZ is a residential postcode situated on Richmond Park Road, Bournemouth, BH8 with 10 addresses.
It ranks as the 160th largest and 103rd 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 10 properties: 1 house and 9 flats.
Sale prices range from £129,993 for 1 bedroom leasehold flats (355 ft2) to £660,080 for 5 bedroom freehold houses with a garden (1,743 ft2) .
Monthly rental prices range from £789 pcm for 1 bed flats to £2,069 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 7.3%.
The average value per square foot is £322.
The last sale in BH8 8TZ sold for £325,000 on 30th April 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £225,759.
The BH8 8TZ Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £225,759 |
| April 2025 | -1.4% | £233,627 |
| April 2024 | -1.3% | £236,993 |
| April 2023 | 0.3% | £240,118 |
| April 2022 | 8.5% | £239,510 |
| April 2021 | 4% | £220,802 |
| April 2020 | 3.2% | £212,341 |
| April 2019 | -0.6% | £205,681 |
| April 2018 | 3.1% | £206,952 |
| April 2017 | 3.3% | £200,699 |
| April 2016 | 6.1% | £194,351 |
| April 2015 | 4.9% | £183,127 |
| April 2014 | 7.7% | £174,655 |
| April 2013 | 2.3% | £162,191 |
| April 2012 | 1.3% | £158,505 |
| April 2011 | -1.7% | £156,441 |
| April 2010 | 4.7% | £159,202 |
| April 2009 | -15.3% | £152,074 |
| April 2008 | -1.4% | £179,525 |
| April 2007 | 0% | £182,120 |
The current average rental value in the postcode is £1,109.
The BH8 8TZ Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,109pcm |
| April 2025 | 2.1% | £1,084pcm |
| April 2024 | 6.9% | £1,062pcm |
| April 2023 | 6.8% | £993pcm |
| April 2022 | 7.9% | £930pcm |
| April 2021 | 5.2% | £862pcm |
| April 2020 | 1.9% | £819pcm |
| April 2019 | 0.2% | £804pcm |
| April 2018 | 1.2% | £803pcm |
| April 2017 | 0.6% | £794pcm |
| April 2016 | 3.7% | £789pcm |
| April 2015 | 2.5% | £761pcm |
| April 2014 | 2.9% | £743pcm |
| April 2013 | 3% | £721pcm |
| April 2012 | 2% | £701pcm |
| April 2011 | 1.2% | £687pcm |
| April 2010 | 2.3% | £679pcm |
| April 2009 | -6.1% | £663pcm |
| April 2008 | 4.9% | £706pcm |
| April 2007 | 0% | £673pcm |
The last sale was on 30th April 2020 for £325,000 and since then the market in the area has remained stable. The postcode has had a total of 5 sales since 1995.
BH8 8TZ has seen no sales in the last three years and no sales in the last twelve months.
BH8 8TZ is the 160th largest and the 103rd most expensive postcode out of the 605 postcodes in the BH8 area.
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The closest station to BH8 8TZ is Bournemouth station which is 1.2 kilometres away.
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