House prices in BH12 2 (Poole)

This article reveals price per square metre data and various charts to help you understand current housing market in Poole (BH12 2).


Defining 'BH12 2'

This analysis is limited to properties whose postcode starts with "BH12 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Poole.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Poole 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. 34, Playfields Drive, Poole, sold for £330,000 on Mar-2024. Given the internal area of 73 square metres, the price per sqm is £4,520.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 200 sales in Poole (BH12 2) that took place in the last two years.

Distribution of £ per sqm for Poole
Distribution of £ per sqm house prices in Poole

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.

The spread of prices will give you a feel of the typical range to expect in Poole (BH12 2). Of the 200 transactions, half were sold for between £3,400 and £4,470 per square metre. The median, or 'middle', price per square metre in 'BH12 2' is £3,900. Notably, only 25% of properties that sold recently were valued at more than £4,470 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Poole

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Poole. 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.

Property price heatmap for Poole
House price heatmap for Poole

Comparison with neighbouring postcode sectors

The table below shows how 'BH12 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH12 1 Poole £3,410 sqm £4,080 sqm £4,810 sqm
BH12 4 Poole £3,350 sqm £3,800 sqm £4,550 sqm
BH12 5 Poole £3,640 sqm £4,170 sqm £4,630 sqm
BH12 2 Poole £3,400 sqm £3,900 sqm £4,470 sqm
BH12 3 Poole £3,430 sqm £3,830 sqm £4,270 sqm

Will Poole 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 chart below for BH12 2 (Poole) compared with both the wider area BH12 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Poole,Poole
House price trends for Poole

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BH12 2 sales
Recent trends for Poole

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Poole to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Poole 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.

Street level data

Street Avg size Avg £sqm Recent sales
Albert Road, Poole, BH12 2B 84 sqm £3,564 25
Rossmore Road, Poole, BH12 2H 84 sqm £3,206 23
Sunnyside Road, Poole, BH12 2L 81 sqm £3,938 23
Fortescue Road, Poole, BH12 2L 82 sqm £4,024 21
Churchill Road, Poole, BH12 2L 84 sqm £3,202 19
Library Road, Poole, BH12 2B 88 sqm £3,576 19
Sunnyhill Road, Poole, BH12 2D 54 sqm £2,583 16
Churchill Road, Poole, BH12 2J 88 sqm £3,548 16

Search for your street here.

Raw data

Our analysis of Poole 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 sqm £/sqm
34, Playfields Drive, Poole £330,000
Mar-2024
73 4,520
117, Albert Rd, Poole £374,048
Mar-2024
95 3,937
119, Albert Rd, Poole £190,000
Jan-2024
39 4,871

See the entire list of all sales in Poole (BH12 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.