Downsizing in St Mary Bourne: What You Would Actually Release
Selling at the £575,000 St Mary Bourne average and buying at £402,500 releases about £151,050 after costs. Fees, stamp duty and moving take roughly £21,450 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £575,000 St Mary Bourne average and buying at £402,500 releases about £151,050 after costs. Fees, stamp duty and moving take roughly £21,450 of it.
Running the downsizing numbers in St Mary Bourne
Start with the gap. Selling at £575,000 and buying at 70% of that, £402,500, leaves £172,500 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £8,625. Stamp duty on the purchase is £10,125. Total £21,450, leaving £151,050 in hand.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in St Mary Bourne.
Downsizing against releasing equity
A lifetime mortgage at 65 on the same property would release about £195,500. Downsizing nets £151,050. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £195,500 release grows to roughly £688,873. The downsizing figure does not grow at all, because there is no debt.
Bands, stock and timing
Council tax follows the property, not the person. Band D in St Mary Bourne is £2,309, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within St Mary Bourne looks like
The schools families ask about here are St Mary Bourne Primary School, Testbourne Community School, Whitchurch, Secondary schools (Basingstoke) and Independent schools (Andover, Newbury & Winchester). 2 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: St Mary Bourne to Whitchurch station takes about 10 min drive.
By price, St Mary Bourne ranks 74 of the 178 Hampshire locations we cover, at £575,000 against a county average of £535,916. Band D council tax here is £2,309, against an average of £2,319 across the towns we cover in the county.
Moving within Hampshire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £535,916, against £575,000 here.
Is St Mary Bourne right to stay in?
St Mary Bourne is a sought-after downland village in the Bourne valley.
The full local guide covers schools, transport and the market in detail: St Mary Bourne property and area guide.
- A beautiful, sought-after downland village
- St Peter's Tournai font & the church
- The Bourne Rivulet & the watercress heritage
- A village primary school & pubs
- The North Wessex Downs on the doorstep
- Prices above the national average
- No railway station in the village itself
- A Bourne Rivulet flood-risk consideration near the water
- Larger period & country homes mean substantial lending
- Period/listed/thatched homes need careful survey & checks
| Who it suits | Out of five | Why |
|---|---|---|
| Downsizers | ★★★★☆ | A beautiful, quiet downland village with pubs and community life; period and country homes suit a lifestyle move, though prices are above average. |
| Families | ★★★★☆ | A Good village primary (St Mary Bourne), a Good secondary at Testbourne (Whitchurch), a safe rural setting and the Bourne valley on the doorstep, though secondaries mean a drive. |
| Retirees | ★★★★☆ | Peaceful, scenic and characterful in the North Wessex Downs; the trade-offs are the drive to an A&E and the winterbourne's flood risk in places. |
| Commuters (to London) | ★★★☆☆ | No village station, but Whitchurch and Andover (both direct to Waterloo) are a short drive, workable, with a car to the station. |
| First-time buyers | ★★☆☆☆ | A sought-after village with above-average prices and few smaller homes makes the first step hard here. |
St Mary Bourne is known locally for St Peter's Tournai font. The rare 12th-century black Tournai marble font in St Peter's Church, carved from Belgian limestone, one of only four such fonts in Hampshire (seven in England), alongside those in Winchester Cathedral and East Meon; the glory of the village.
Practical detail for St Mary Bourne: the SP11 postcode district, no village station, nearest Whitchurch (~4mi, direct Waterloo) or Andover (~5mi, direct Waterloo) and nearest A and E is Basingstoke, Winchester or Southampton, Andover has a minor injuries unit; verify with NHS.
St Mary Bourne has history behind the price. In 12th century, A black Tournai marble font is installed in St Peter's Church, one of only four in Hampshire.
St Mary Bourne at a glance
| Downsizing line | St Mary Bourne figure |
|---|---|
| Sale price, local average | £575,000 |
| Purchase at 70% of value | £402,500 |
| Estate agent at 1.5% | £8,625 |
| Stamp duty on purchase | £10,125 |
| Legal and moving | £2,700 |
| Total costs | £21,450 |
| Net released | £151,050 |
| Lifetime mortgage alternative at 65 | £195,500 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about St Mary Bourne
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £575,000 average
- The council tax band of the property you are buying
- Total moving costs of about £21,450
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in St Mary Bourne
Broadband speeds can vary street by street in St Mary Bourne, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in St Mary Bourne?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in St Mary Bourne?
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