Feb 07, 2023 by HM

House prices in Wareham (BH20 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Wareham (BH20 4).

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Price per square metre

Knowing the average house price in Wareham 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. Flat 1 St. Martins House, 30, North Street, Wareham, sold for £265,000 on Oct-2023. Given the internal area of 67 square metres, the price per sqm is £3,955.

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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 105 sales in Wareham (BH20 4) 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.

That said, the spread of prices will give you a feel of the typical range to expect in Wareham (BH20 4). Of the 105 transactions, half were sold for between £3,580 and £4,730 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,730m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BH20 4' is £4,120. The table below shows how 'BH20 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH20 4 Wareham	£3,580m2	£4,120m2	£4,730m2
BH20 6 Wool	£3,330m2	£3,900m2	£4,550m2
BH20 5 Corfe Castle	£4,440m2	£5,360m2	£6,160m2
BH20 7 Bere Regis	£3,250m2	£3,960m2	£4,460m2

Will Wareham 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 BH20 4 (Wareham). 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 BH20 4 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Wareham 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 Wareham data or any other data I am given.

Price map for Wareham

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Wareham. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Wareham

Street level data

Street	Avg size	Avg £/m2	Recent sales
North Street, Wareham, BH20 4A	76m2	£3,454	14
Northmoor Way, Wareham, BH20 4E	103m2	£3,412	12
Mill Lane, Wareham, BH20 4Q	57m2	£3,380	11
Northport Drive, Wareham, BH20 4D	78m2	£3,831	11
Pound Lane, Wareham, BH20 4F	52m2	£4,514	10
Cow Lane, Wareham, BH20 4R	83m2	£3,657	9
St Martins Lane, Wareham, BH20 4H	89m2	£4,081	9
Tarrant Drive, Wareham, BH20 4E	98m2	£3,381	8

Search for your street here.

Raw data

Our analysis of Wareham 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
98, Wessex Oval, Wareham	£390,000 Oct-2023	74	5,270
Flat 1 St. Martins House, 30, North St, Wareham	£265,000 Oct-2023	67	3,955
39, Sandford Rd, Wareham	£500,000 Oct-2023	157	3,184

See the entire list of all sales in Wareham (BH20 4) here.