House prices in BH15 1 (Poole)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH15 1' (Poole) - statistics were last calculated on 30 June 2024.

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Defining 'BH15 1'

This analysis is limited to properties whose postcode starts with "BH15 1", 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.

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Change sector

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. 4, Emerson Road, Poole, sold for £320,500 on May-2024. Given the internal area of 77 square metres, the price per sqm is £4,162.

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 171 sales in Poole (BH15 1) 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.

The spread of prices will give you a feel of the typical range to expect in Poole (BH15 1). Of the 171 transactions, half were sold for between £2,810 and £4,400 per square metre. The median, or 'middle', price per square metre in 'BH15 1' is £3,520. Notably, only 25% of properties that sold recently were valued at more than £4,400 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 'BH15 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH15 3 Poole	£3,500 sqm	£3,960 sqm	£4,550 sqm
BH15 2 Poole	£3,280 sqm	£3,760 sqm	£4,470 sqm
BH15 1 Poole	£2,810 sqm	£3,520 sqm	£4,400 sqm
BH15 4 Poole	£3,460 sqm	£3,980 sqm	£4,570 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 BH15 1 (Poole) compared with both the wider area BH15 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

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.

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
Avenel Way, Poole, BH15 1E	68 sqm	£3,359	26
Newfoundland Drive, Poole, BH15 1Y	75 sqm	£2,921	24
Mount Pleasant Road, Poole, BH15 1T	76 sqm	£3,526	17
Labrador Drive, Poole, BH15 1U	66 sqm	£5,353	16
Seldown Road, Poole, BH15 1T	52 sqm	£2,569	15
Vallis Close, Poole, BH15 1X	56 sqm	£3,583	14
Market Close, Poole, BH15 1N	91 sqm	£2,805	13
Lander Close, Poole, BH15 1U	65 sqm	£4,809	13

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
West Quay Road, Poole, BH15 1J	63 sqm	£4,277	10

West Quay Road, Poole, BH15 1J has seen 10 new build sales in the last 4 years (average price £317,875). These new build homes typically have an internal area of 63 sqm, with an average price of £4,277 sqm. This £sqm average is £757 above the average for BH15 1. New builds typically command a £ per sqm premium so this is normal.

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	sqm	£/sqm
4, Emerson Rd, Poole	£320,500 May-2024	77	4,162
40, Waldren Close, Poole	£180,000 May-2024	50	3,600
Flat 2 1, Durrell Way, Poole	£170,000 May-2024	49	3,469

See the entire list of all sales in Poole (BH15 1) here.