Feb 07, 2023 by HM

House prices in Alderney (BH12 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Alderney (BH12 4).


Price per square metre

Knowing the average house price in Alderney 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. 161, Slepe Crescent, Alderney, Poole, sold for £250,000 on Sep-2023. Given the internal area of 52 square metres, the price per sqm is £4,807.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 187 sales in Alderney (BH12 4) that took place in the last two years.

Distribution of £ per sqm for Alderney (BH12 4)
Distribution of £ per sqm house prices in Alderney

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 Alderney (BH12 4). Of the 187 transactions, half were sold for between £3,410 and £4,390 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,390m2. 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 4' is £3,810. The table below shows how 'BH12 4' 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 Alderney 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 4 (Alderney). 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 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Alderney (BH12 4) over time
House price trends for Alderney

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Alderney 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 Alderney data or any other data I am given.

Price map for Alderney

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 Alderney. 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 Alderney
House price heatmap for Alderney

Street level data

Street Avg size Avg £/m2 Recent sales
Ringwood Road, Alderney, BH12 4L 80m2 £3,123 30
Slepe Crescent, Alderney, BH12 4D 57m2 £3,795 29
Herbert Avenue, Alderney, BH12 4H 81m2 £3,572 25
Corbiere Avenue, Alderney, BH12 4J 86m2 £3,865 21
Herbert Avenue, Alderney, BH12 4E 88m2 £3,350 20
Aspen Gardens, Alderney, BH12 4D 63m2 £3,160 19
Gussage Road, Alderney, BH12 4B 79m2 £4,165 15
Alder Road, Alderney, BH12 4A 102m2 £3,006 15

Search for your street here.

Raw data

Our analysis of Alderney 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
161, Slepe Crescent, Alderney, Poole £250,000
Sep-2023
52 4,807
25, Sixpenny Close, Alderney, Poole £230,000
Aug-2023
57 4,035
22, Bedford Rd South, Alderney, Poole £314,000
Aug-2023
84 3,738

See the entire list of all sales in Alderney (BH12 4) 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.