Nestled in the picturesque countryside of Hampshire, Bishop's Waltham stands as a testament to both history and modernization. As 2023 unfurls, this quaint town offers a tale of property prices that reflects more than just figures. It embodies the charm and allure of a place where history intertwines with contemporary living.
The recent property statistics from Bishop's Waltham, updated as of September 2023, illuminate the housing market’s current state:
- Total Properties for Sale: 50
- New Listings in Last 14 Days: 4
- Average Asking Price: £546,435
- Median Asking Price: £462,450
- Average Time on Market (ToM): 137 days
- Median Time on Market (ToM): 83 days
Bishop's Waltham’s properties span across diverse price ranges, each with its unique story:
- Under £100,000: Absent from the market, indicating a potential surge in property values.
- £100,000 to £200,000: 4 properties, showcasing a longer ToM of 175 days.
- £200,000 to £300,000: 4 properties, remaining listed for 223 days.
- £300,000 to £400,000: 8 properties, average ToM of 191 days.
- £400,000 to £500,000: 11 properties, a quicker ToM of 118 days.
- £500,000 to £1,000,000: 21 properties, with a ToM of 101 days.
- Over £1,000,000: 2 elite properties, listed for an average of 164 days.
The heart of Bishop's Waltham’s property dynamics is illuminated by bedroom numbers:
- One-bedroom: 2 properties, priced at an average and median of £137,500, with a ToM of 75 days.
- Two-bedrooms: 12 properties, average price of £312,704, median of £348,750, and a ToM of 213 days.
- Three-bedrooms: 19 properties, average price of £501,818, median of £459,950, and a ToM of 139 days.
- Four-bedrooms: 14 properties, priced around £657,839 on average, median of £662,500, and an average ToM of 85 days.
- Five-bedrooms: A singular luxurious property priced at £650,000, with a swift ToM of 11 days.
The assortment in property types offers varied choices for potential homeowners:
- Flats: 9 available, averaging at £248,328, with a median of £215,000 and a ToM of 184 days.
- Terraced: 3 homes, average price of £348,333, median at £350,000, and a ToM of 219 days.
- Semi-detached: 10 properties, priced around £406,475 on average, median of £407,450, with a ToM of 139 days.
- Detached: 25 homes, commanding an average price of £749,186, with a median of £650,000 and a ToM of 101 days.
The distribution of properties based on their time on the market:
- Less than 1 month: 10 properties
- 1-2 months: 10 properties
- 2-3 months: 6 properties
- 4-6 months: 7 properties
- 6-9 months: 4 properties
- 9-12 months: 4 properties
- Over a year: 5 properties
Although our primary focus is Bishop's Waltham, surrounding areas like Wickham, Hedge End, and Eastleigh each add nuances to the overarching Hampshire property narrative. By synthesizing data from these regions, one gains a panoramic view of Hampshire’s property market in 2023.
In conclusion, Bishop's Waltham, with its rich history and evolving real estate landscape, presents diverse options for every potential homeowner or investor. This town's property scene is more than just numbers; it's a reflection of its community, architectural heritage, and the promise of a serene lifestyle.
