Feb 07, 2023 by HM

House prices in Poole (BH14 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Poole (BH14 8).


Defining 'BH14 8'

This analysis is limited to properties whose postcode starts with "BH14 8", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

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. 23, Potters Way, Poole, sold for £575,000 on Feb-2024. Given the internal area of 87 square metres, the price per sqm is £6,609.

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. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 359 sales in Poole (BH14 8) that took place in the last two years.

Distribution of £ per sqm for Poole (BH14 8)
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 (BH14 8). Of the 359 transactions, half were sold for between £4,240 and £6,340 per square metre. The median, or 'middle', price per square metre in 'BH14 8' is £5,100. Notably, only 25% of properties that sold recently were valued at more than £6,340m2. 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 'BH14 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH14 0 Poole £3,430m2 £4,010m2 £4,740m2
BH14 8 Poole £4,240m2 £5,100m2 £6,340m2
BH14 9 Poole £3,490m2 £4,100m2 £4,910m2

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 8 (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 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Poole (BH14 8) over time
House price trends for Poole

Hover on any blue dot to see details of specific sales

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.

Street level data

Street Avg size Avg £/m2 Recent sales
Sandbanks Road, Poole, BH14 8H 105m2 £4,551 43
Steepdene, Poole, BH14 8T 64m2 £3,246 32
South Western Crescent, Poole, BH14 8R 107m2 £4,750 24
Belle Vue Road, Poole, BH14 8T 81m2 £4,388 24
Station Road, Poole, BH14 8U 53m2 £2,448 23
Wedgwood Drive, Poole, BH14 8E 113m2 £4,441 20
Lilliput Road, Poole, BH14 8F 112m2 £5,160 20
Glenair Avenue, Poole, BH14 8A 98m2 £3,709 20

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Alton Road, Poole, BH14 8S 142m2 £4,936 11
Salterns Way, Poole, BH14 8F 106m2 £6,385 12

Alton Road, Poole, BH14 8S has seen 11 new build sales in the last 4 years (average price £625,852). These new build homes typically have an internal area of 142 m2, with an average price of £4,936 m2. This £sqm average is £-164 below the average for BH14 8. New builds typically command a £ per sqm premium. In the case of Alton 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
23, Potters Way, Poole £575,000
Feb-2024
87 6,609
Flat 3 Alton Heights, 11, Alton Rd, Poole £240,000
Jan-2024
66 3,636
Flat 71 Homelake House, 40, Station Rd, Poole £81,000
Jan-2024
38 2,131

See the entire list of all sales in Poole (BH14 8) 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.