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The top 5 most expensive places to live in the South West

2 mins read
by Lisa-Marie Voneshen
Last updated Friday, June 14, 2024

This article reveals the five most expensive places to buy property in the South West, which will set you back up to £1.69 million. Discover more here.

The UK has experienced a huge rise in house prices since the pandemic, with the South West hugely benefitting.

Over the last year, the average property price in the South West was £338,053.

Of course, prices can vary dramatically in this region as you can buy a home for as little as £160,000 or as much as over £1.5 million (if you can afford it!)

Rightmove has revealed the five priciest areas to buy in the South West based on data from April 2024.

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Where are the most expensive areas to buy in the South West?

AreaAverage asking price
Sandbanks£1.69 million
Canford Cliffs£1.24 million
Branksome Park£752,331
Stoke Bishop£747,688
Westbury Park £667,735

Sandbanks

You’ll need around £1.69 million to afford the priciest area in the South West, which is Sandbanks in Dorset.

The closest cities are Southampton and Winchester, which are up to 90 minutes away by public transport.

The affluent area is home to arguably one of the UK’s best beaches and is close to the popular Jurassic Coast.

Canford Cliffs

Canford Cliffs, which is only 10 minutes from Sandbanks, is the second most expensive area, with an average asking price of £1.24 million.

It’s near Poole Harbour and has a nearby beach, plus benefits from picturesque walks.

Branksome Park

Finally, Branksome Park in Dorset has an average asking price of £752,331.

It is among Poole’s most affluent areas, with properties nestled among many trees with woodland walks alongside a nearby stream.

Branksome Park is also minutes from the beach, where you can enjoy sailing, open-water diving, or surfing.

Stoke Bishop

Stoke Bishop, a suburb in Bristol, has an average asking price £747,688.

With the River Avon nearby and green spaces, including Leigh Woods, there is much to do locally.

Stoke Bishop is 30 minutes from Bristol and around an hour from Bath by public transport.

Westbury Park

Westbury Park is only a 10-minute drive from Stoke Bishop and has an average asking price of £667,735.

While the average asking price is significantly less than Stoke Bishop, you can still get access to the same attractions and nearby shops and eateries.

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Seek mortgage advice

Buying a house is a life-changing decision you shouldn’t make alone.

It’s a good idea to talk to a mortgage broker about your unique circumstances so they can find the best mortgage for you, wherever you decide to live.

See also:

The cheapest places to live in the South West

The most expensive places to live in the South East

The cheapest places to live in London

The most expensive places to live in Yorkshire

The most expensive places to live in the West Midlands

The most expensive places to live in Wales

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Author
Lisa-Marie Voneshen
Lisa-Marie Voneshen is a Senior Content Writer at Unbiased. She is an award-winning journalist with nearly a decade of experience writing and editing content across various areas, including personal finance and investing.