If you're looking to buy a first home near the sea, then this lively south coast town provides options to suit a surprising range of budgets.

Wherever you are looking to buy your first home, your hunt will rely on the size of your deposit, how much you earn, and how high your outgoings are.

But working out the finer details isn't always straightforward.

This is where Zoopla can help. Our data looks at average house prices by area to show how much you would need to earn and save for a deposit to get the keys to your own home.

If you’re looking for property for sale in Bournemouth on the south coast, our map, below, highlights the areas that are most affordable for first-time buyers.

(Click on map for larger version)

Quick stats about Bournemouth:

  • The average first-time buyer property (two-to-three-bedroom house) in Bournemouth and the surrounding area costs £298,305, with the average deposit required standing at £47,304.

  • The average income required from a first-time buyer household is £62,809, meaning that house prices are over 10 times average earnings, well above lenders' typical four times earnings criteria for mortgages.

  • The most affordable place for first-time buyers is central Bournemouth and West Cliff in the BH2 postcode area. Average property prices stand at £219,620 and require a household income of £46,277. Other affordable areas include the town centre, Springbourne, East Cliff and Boscombe.

  • At the other end of the scale, the least affordable area is Canford Cliffs, Sandbanks, and Branksome Park in the BH13 postcode area.

  • Finally, as you can see from the map, above, if you like being by the coast then Bournemouth has options for the full range of budgets.

Top 10 postcode areas in Bournemouth ranked by affordability



Average house price

Average deposit required

Average income required


Central Bournemouth, West Cliff





Town centre, Springbourne, East Cliff, Boscombe





Boscombe, Pokesdown





Talbot Woods, Winton





Westbourne, Branksome Woods 





Malmesbury Park, Queens Park, Strouden Park 





Canford Heath, Creekmoor 





Kinson, Bear Cross, West Howe,  





Upton, Turlin Moor 





Branksome, Alderney, Upper Parkstone





Town centre, Hamworthy, Oakdale 





Kinson, East Howe, Northbourne  £293,448 £46,115 £61,833


Littledown, Iford  £299,575 £47,078 £63,124


Winton, Moordown, Throop  £305,567 £48,020 £64,387


Lower Parkstone, Lilliput, Penn Hill £334,466 £52,561 £70,476


Wimborne, Corfe Mullen, Cranborne £335,478 £52,720 £70,689


Ferndown, West Moors, West Parley £337,731 £53,231 £71,375


New Milton, Barton on Sea, Bashley £340,031 £58,179 £70,463


Southbourne, Tuckton, Wick  £340,850 £53,565 £71,821


Christchurch, Mudeford, Highcliffe  £350,332 £55,055 £73,819


Ringwood, St Leonards, Ashley Heath  £361,733 £61,893 £74,960


Broadstone  £373,727 £58,731 £78,750
BH13 Canford Cliffs, Sandbanks, Branksome Park 


£63,881 £87,000

How have we calculated it?

We've looked at the average price of two-three bedroom homes, the most common type of property purchase for first-time buyers in Bournemouth postcodes.

We've then taken the average mortgage advance from lenders in the region and worked out both the average deposit required and the amount that needs to be earned based on buyers being able to borrow up to four times their salary.

How can I afford a home as a first-time buyer?

One of your top priorities as a first-time buyer is to build a big deposit. This will allow you access to better mortgage rates, as you will be borrowing a lower percentage of the overall value of the property.

Try to aim for a 10% deposit at a minimum. It is possible to put down a deposit of just 5% in some cases, but this will mean paying a higher interest rate on your loan – and result in larger monthly repayments.

The Government offers a range of schemes designed to help you get on the housing ladder.

The Help to Buy Equity Loan for example, is where the Government lends up to 20% of the purchase price interest-free for the first five years. However, you will only be able to use it on a new-build home valued up to £600,000.

Banks and building societies will usually lend up to four times your salary, provided your credit score is in good order and your outgoings do not limit your ability to repay a mortgage. If you are buying as a couple, then combining your incomes should boost your borrowing power.

Once you know how big a deposit you have accumulated and understand how much you might be able to borrow, you can assess how much you can afford to spend on a property. Then you can start the exciting part of the process and begin house hunting.

Make sure that you also budget for other fees that pop up along the way, such as solicitor and moving costs. There is some good news though, as stamp duty land tax is waived for first-time buyers on the first £300,000 of the purchase, providing the home is worth under £500,000.

For more help purchasing your first home, read our first-time buyers guides here.

First-time buyer affordability in the UK

If you're willing to broaden the horizons of your property search, then our first-time buyer affordability map of the UK, will help. There are still plenty of areas where those with household earnings of under £30,000 can afford property, especially in the North.

But property prices vary even from street to street, so do your research of the so-called 'micro markets' in any given area too.

Map showing affordable housing in the UK for first-time buyers

Full methodology: House prices taken from a subset of Zoopla-partner Hometrack's stock valuation database (one-to-two beds for London and two-to-three bedrooms for rest of UK). Median price calculated as of June 2018. Median advance taken by region (c75% for London, c85% outside of London) from UK Finance. Term of Mortgage: 25 years. Interest rate: 2.00%. Loan to income ratio: 4.0. Earnings required for affordability is greater of those required to satisfy loan-to-income threshold or income required to service the mortgage.

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