Feb 07, 2023 by HM

House prices in Branksome (BH12 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Branksome (BH12 1).


Price per square metre

Knowing the average house price in Branksome is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 58, Guest Avenue, Branksome, Poole, sold for £353,500 on Aug-2023. Given the internal area of 73 square metres, the price per sqm is £4,842.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 165 sales in Branksome (BH12 1) that took place in the last two years.

Distribution of £ per sqm for Branksome (BH12 1)
Distribution of £ per sqm house prices in Branksome

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Branksome (BH12 1). Of the 165 transactions, half were sold for between £3,220 and £4,630 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,630m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BH12 1' is £3,850. The table below shows how 'BH12 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH12 1 Branksome £3,220m2 £3,850m2 £4,630m2
BH12 2 Parkstone £3,320m2 £3,800m2 £4,430m2
BH12 3 Parkstone £3,300m2 £3,780m2 £4,270m2
BH12 4 Alderney £3,410m2 £3,810m2 £4,390m2
BH12 5 Wallisdown £3,550m2 £4,080m2 £4,620m2

Will Branksome house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BH12 1 (Branksome). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BH12 1 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Branksome (BH12 1) over time
House price trends for Branksome

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Branksome and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Branksome data or any other data I am given.

Price map for Branksome

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Branksome. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for Branksome
House price heatmap for Branksome

Street level data

Street Avg size Avg £/m2 Recent sales
Princess Road, Branksome, BH12 1B 67m2 £3,056 49
Surrey Road, Branksome, BH12 1H 79m2 £3,670 36
Poole Road, Branksome, BH12 1A 59m2 £2,803 31
Winston Avenue, Branksome, BH12 1P 76m2 £3,368 20
Sheringham Road, Branksome, BH12 1N 92m2 £3,889 19
Farnham Road, Branksome, BH12 1P 88m2 £3,560 17
Yarmouth Road, Branksome, BH12 1A 44m2 £4,190 14
Wren Crescent, Branksome, BH12 1L 100m2 £4,993 14

Search for your street here.

Raw data

Our analysis of Branksome is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
58, Guest Avenue, Branksome, Poole £353,500
Aug-2023
73 4,842
54, Alder Heights, Branksome, Poole £220,000
Aug-2023
62 3,548
52b, Cornelia Crescent, Branksome, Poole £605,000
Jul-2023
154 3,928

See the entire list of all sales in Branksome (BH12 1) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.