Feb 07, 2023 by HM

House prices in Corfe Castle (BH20 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Corfe Castle (BH20 5).


Defining 'BH20 5'

This analysis is limited to properties whose postcode starts with "BH20 5", 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 Corfe Castle 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. 11, Gover Close, Corfe Castle, Wareham, sold for £540,000 on Feb-2024. Given the internal area of 109 square metres, the price per sqm is £4,954.

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 57 sales in Corfe Castle (BH20 5) that took place in the last two years.

Distribution of £ per sqm for Corfe Castle (BH20 5)
Distribution of £ per sqm house prices in Corfe Castle

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 Corfe Castle (BH20 5). Of the 57 transactions, half were sold for between £4,660 and £6,040 per square metre. The median, or 'middle', price per square metre in 'BH20 5' is £5,290. Notably, only 25% of properties that sold recently were valued at more than £6,040m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Corfe Castle

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 Corfe Castle. 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 Corfe Castle
House price heatmap for Corfe Castle

Comparison with neighbouring postcode sectors

The table below shows how 'BH20 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH20 5 Corfe Castle £4,660m2 £5,290m2 £6,040m2
BH20 7 Bere Regis £3,350m2 £4,030m2 £4,480m2
BH20 4 Wareham £3,650m2 £4,200m2 £4,920m2
BH20 6 Wool £3,450m2 £3,900m2 £4,500m2

Will Corfe Castle 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 5 (Corfe Castle). 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 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Corfe Castle (BH20 5) over time
House price trends for Corfe Castle

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
West Street, Corfe Castle, BH20 5H 117m2 £5,851 7
Stoborough Meadow, Corfe Castle, BH20 5H 98m2 £4,388 6
Main Road, Corfe Castle, BH20 5R 128m2 £3,563 6
East Street, Corfe Castle, BH20 5E 119m2 £4,504 6
Furzebrook Road, Corfe Castle, BH20 5A 125m2 £4,564 5
School Lane, Corfe Castle, BH20 5S 98m2 £4,056 5
Barnhill Road, Corfe Castle, BH20 5B 134m2 £4,875 5
Mead Road, Corfe Castle, BH20 5E 108m2 £5,895 5

Search for your street here.

Raw data

Our analysis of Corfe Castle 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
11, Gover Close, Corfe Castle, Wareham £540,000
Feb-2024
109 4,954
Green Island, West Lane, Corfe Castle, Wareham £440,000
Feb-2024
106 4,150
15, Mead Rd, Corfe Castle, Wareham £635,000
Jan-2024
96 6,614

See the entire list of all sales in Corfe Castle (BH20 5) 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.