Dorchester

Area Guide For Dorchester

Dorchester is the province town of Dorset, England. A noteworthy business town, Dorchester lies on the banks of the River Frome, in the Frome Valley, simply south of the Dorset Downs and north of the South Dorset Ridgeway, that divides the territory from Weymouth, 8 miles (13 km) south. Dorchester's roots stem over to ancient times. The soonest settlements were around Maiden Castle, a substantial Iron Age slope fortress that was a standout amongst the most influential settlements in preroman Britain. Distinctive tribes existed there from 4000 BC. The Durotriges were prone to have been there when the Romans landed in Britain in 43 AD. The town has two route stations. Dorchester South on the South Western Main Line to Bournemouth, Southampton and London is worked by South West Trains. Dorchester West on the Heart of Wessex Line is worked by First Great Western and join with Yeovil, Bath and Bristol. Dorchester West station was planned by Isambard Kingdom Brunel. As a feature of the recovery at the Brewery Site in the town focus, Dorchester South will turn into the first sun oriented fueled route station in the UK.

 
 

Dorchester Map

Estimated Price: £312,010
Average Asking Price: £385,616
Price change in last one year: £24,789
Average Price Paid: £260,705
Average Rent Rates: £1,317

 
 

Property Prices Breakdown in Dorchester

Average Price for property in Dorchester is around £312,010 which varies based on type of property you are interested in and ranges from £433,114 for detached house to around £283,280 for semi-detached. Similarly terraced house is around £241,294 and a flat is worth £182,692. Values have been changing and have risen £5,780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,360 in last 6 months, £24,789 in last 1 year, £36,154 in last 2 years, £39,716 in last 3 years, £41,531 in last 4 years and £28,179 in last 5 years.

Currently average asking price of a property in Dorchester is around £385,616 based on approximately 767 properties for sale. Same is the case with rental options based on 86 properties up for rent, average asking rent is around £1,317 per month.

Estimated property value in Dorchester is £312,010. Average asking price is £385,616 while average price paid is £266,389 which is up by £24,789 and Avg. asking rent £1,317.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Dorchester area. In last 1 year alone average price buyer paid is around £266,389 based on approximately 767 sales in Dorchester area alone. If you compare it to last 3 years sales of 2,301 properties where buyers paid around £264,436. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £260,705 for 3,664 and average amount paid for purchase of approx. 4,924 properties sold in last 7 years comes to about £258,930 per sale.

 
 

Properties For Sale in Dorchester

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £130,750, £239,204 for a 2 bedroom house, £293,349 for a 3 bedroom house, £468,776 for a 4 bedroom house and £636,056 for a 5 bedroom house. For a flat similarly the prices varies from £144,304 for a single bedroom to £197,946 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £302,996 and £345,000 for a 4 bedroom flat. To sum up the asking prices for properties in Dorchester it comes to around average £142,555 for 1 bedroom property, £213,341 for 2 bedroom, £294,431 for 3 bedroom, £467,319 for 4 bedroom and £636,056 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £581 for 1 bedroom to £741 for 2 bedrooms, £961 for 3 bedrooms, £1,266 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £568. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £828 and £988 for 3 bedroom. You should be generally be expecting around average £571 rent per month for single bedroom property, £790 for 2 bedroom, £965 for 3 bedroom, £1,266 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Dorchester area.

Popular Houses in Dorchester

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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