Feb 07, 2023 by HM

House prices in Poole (BH15 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Poole (BH15 3).


Defining 'BH15 3'

This analysis is limited to properties whose postcode starts with "BH15 3", 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. 4, Hamble Road, Poole, sold for £395,000 on Feb-2024. Given the internal area of 91 square metres, the price per sqm is £4,340.

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 231 sales in Poole (BH15 3) that took place in the last two years.

Distribution of £ per sqm for Poole (BH15 3)
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 (BH15 3). Of the 231 transactions, half were sold for between £3,480 and £4,720 per square metre. The median, or 'middle', price per square metre in 'BH15 3' is £4,000. Notably, only 25% of properties that sold recently were valued at more than £4,720m2. 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 'BH15 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH15 3 Poole £3,480m2 £4,000m2 £4,720m2
BH15 2 Poole £3,260m2 £3,810m2 £4,440m2
BH15 4 Poole £3,470m2 £4,000m2 £4,570m2
BH15 1 Poole £2,850m2 £3,530m2 £4,400m2

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 BH15 3 (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 BH15 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Poole (BH15 3) 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
Haymoor Road, Poole, BH15 3N 82m2 £3,907 34
Wimborne Road, Poole, BH15 3E 77m2 £3,566 27
Stanley Green Road, Poole, BH15 3A 96m2 £3,468 25
Foxholes Road, Poole, BH15 3N 89m2 £3,897 23
Hunt Road, Poole, BH15 3Q 92m2 £4,357 16
Hennings Park Road, Poole, BH15 3Q 100m2 £4,368 15
Oakdale Road, Poole, BH15 3L 65m2 £3,445 15
Brampton Road, Poole, BH15 3R 87m2 £4,409 15

Search for your street here.

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
4, Hamble Rd, Poole £395,000
Feb-2024
91 4,340
35, Collwood Close, Poole £280,000
Feb-2024
95 2,947
55, Palmer Rd, Poole £172,382
Jan-2024
56 3,078

See the entire list of all sales in Poole (BH15 3) 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.