Feb 07, 2023 by HM

House prices in Poole (BH14 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Poole (BH14 0).

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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. 39, Mansfield Road, Poole, sold for £270,000 on Sep-2023. Given the internal area of 76 square metres, the price per sqm is £3,552.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 235 sales in Poole (BH14 0) that took place in the last two years.

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 Poole (BH14 0). Of the 235 transactions, half were sold for between £3,420 and £4,650 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,650m². 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 'BH14 0' is £3,960. The table below shows how 'BH14 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH14 0 Poole	£3,420m2	£3,960m2	£4,650m2
BH14 8 Poole	£4,020m2	£5,060m2	£6,290m2
BH14 9 Poole	£3,450m2	£4,090m2	£4,720m2

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 scatter plot below for BH14 0 (Poole). 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 BH14 0 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. 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 Poole data or any other data I am given.

Price map for Poole

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 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. I will explain more about the methodology and create a key next week.

House price heatmap for Poole

Street level data

Street	Avg size	Avg £/m2	Recent sales
Bournemouth Road, Poole, BH14 0E	72m2	£3,423	54
Bournemouth Road, Poole, BH14 0B	75m2	£4,034	28
Ringwood Road, Poole, BH14 0R	89m2	£3,437	28
Danecourt Road, Poole, BH14 0P	102m2	£4,017	24
North Road, Poole, BH14 0L	92m2	£3,551	21
Park Road, Poole, BH14 0J	52m2	£2,717	18
Mansfield Road, Poole, BH14 0D	88m2	£4,047	17
Felton Road, Poole, BH14 0Q	111m2	£3,870	17

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Ashley Road, Poole, BH14 0A	72m2	£3,047	10
St Peters Mews, Poole, BH14 0D	97m2	£3,937	10

Ashley Road, Poole, BH14 0A has seen 10 new build sales in the last 4 years (average price £244,392). These new build homes typically have an internal area of 72 m2, with an average price of £3,047 m2. This £sqm average is £-913 below the average for BH14 0. New builds typically command a £ per sqm premium. In the case of Ashley Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

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	m2	£/m2
39, Mansfield Rd, Poole	£270,000 Sep-2023	76	3,552
Flat 6 Harbour Lights, 121, North Rd, Poole	£240,000 Aug-2023	59	4,067
14, Springfield Rd, Poole	£950,000 Aug-2023	193	4,922

See the entire list of all sales in Poole (BH14 0) here.