# House prices in BH14 8 (Poole)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH14 8' (Poole) - statistics were last calculated on 31 July 2024.

## 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. 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. 17, Balmoral Road, Poole, sold for £675,000 on Jun-2024. Given the internal area of 191 square metres, the price per sqm is £3,534.

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. £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 310 sales in Poole (BH14 8) 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 (BH14 8). Of the 310 transactions, half were sold for between £4,270 and £6,310 per square metre. The median, or 'middle', price per square metre in 'BH14 8' is £5,130. Notably, only 25% of properties that sold recently were valued at more than £6,310 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.

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 £3,390 sqm £3,890 sqm £4,650 sqm
BH14 9 Poole £3,470 sqm £4,200 sqm £5,060 sqm
BH14 8 Poole £4,270 sqm £5,130 sqm £6,310 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 BH14 8 (Poole) compared with both the wider area BH14 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 BH14 8 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
Sandbanks Road, Poole, BH14 8H 105 sqm £4,729 42
Steepdene, Poole, BH14 8T 63 sqm £3,246 32
Belle Vue Road, Poole, BH14 8T 81 sqm £4,372 25
South Western Crescent, Poole, BH14 8R 107 sqm £4,756 25
Station Road, Poole, BH14 8U 53 sqm £2,438 23
Wedgwood Drive, Poole, BH14 8E 113 sqm £4,456 21
Brownsea View Avenue, Poole, BH14 8L 167 sqm £5,185 20
Lilliput Road, Poole, BH14 8F 115 sqm £5,237 19

## New build activity

Street Avg size Avg £sqm New build sales
Alton Road, Poole, BH14 8S 143 sqm £4,871 9
Salterns Way, Poole, BH14 8F 106 sqm £6,281 10

Alton Road, Poole, BH14 8S has seen 9 new build sales in the last 4 years (average price £623,401). These new build homes typically have an internal area of 143 sqm, with an average price of £4,871 sqm. This £sqm average is £-259 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.