# House prices in BH14 9 (Poole)

## Defining 'BH14 9'

This analysis is limited to properties whose postcode starts with "BH14 9", 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. 51, Caledon Road, Poole, sold for £950,000 on Mar-2024. Given the internal area of 195 square metres, the price per sqm is £4,871.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 199 sales in Poole (BH14 9) 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 9). Of the 199 transactions, half were sold for between £3,480 and £4,950 per square metre. The median, or 'middle', price per square metre in 'BH14 9' is £4,180. Notably, only 25% of properties that sold recently were valued at more than £4,950 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 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH14 8 Poole £4,260 sqm £5,120 sqm £6,350 sqm
BH14 0 Poole £3,410 sqm £3,980 sqm £4,790 sqm
BH14 9 Poole £3,480 sqm £4,180 sqm £4,950 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 9 (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 9 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
Alexandra Road, Poole, BH14 9E 122 sqm £3,707 31
Bournemouth Road, Poole, BH14 9H 89 sqm £2,859 29
Kings Avenue, Poole, BH14 9Q 131 sqm £4,404 29
Ashley Road, Poole, BH14 9B 80 sqm £3,126 22
Parkstone Avenue, Poole, BH14 9L 121 sqm £4,278 22
Penn Hill Avenue, Poole, BH14 9N 97 sqm £3,515 21
St Osmunds Road, Poole, BH14 9J 103 sqm £4,757 21
Penn Hill Avenue, Poole, BH14 9L 94 sqm £3,757 21

## New build activity

Street Avg size Avg £sqm New build sales
Penn Hill Avenue, Poole, BH14 9F 76 sqm £4,094 13

Penn Hill Avenue, Poole, BH14 9F has seen 13 new build sales in the last 4 years (average price £313,689). These new build homes typically have an internal area of 76 sqm, with an average price of £4,094 sqm. This £sqm average is £-86 below the average for BH14 9. New builds typically command a £ per sqm premium. In the case of Penn Hill Avenue 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.