# House prices in BH21 1 (Wimborne)

## Defining 'BH21 1'

This analysis is limited to properties whose postcode starts with "BH21 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 Wimborne.

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 Wimborne 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 5 Millbank House, Mill Lane, Wimborne, sold for £270,000 on Apr-2024. Given the internal area of 56 square metres, the price per sqm is £4,821.

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. £4,700-£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 254 sales in Wimborne (BH21 1) that took place in the last two years.

##### Distribution of £ per sqm for Wimborne
Distribution of £ per sqm house prices in Wimborne

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 Wimborne (BH21 1). Of the 254 transactions, half were sold for between £3,710 and £5,200 per square metre. The median, or 'middle', price per square metre in 'BH21 1' is £4,440. Notably, only 25% of properties that sold recently were valued at more than £5,200 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 Wimborne

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 Wimborne. 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 Wimborne

## Comparison with neighbouring postcode sectors

The table below shows how 'BH21 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH21 4 Sturminster Marshall £3,690 sqm £4,310 sqm £5,080 sqm
BH21 2 Wimborne £3,950 sqm £4,600 sqm £5,270 sqm
BH21 3 Corfe Mullen £3,750 sqm £4,270 sqm £4,850 sqm
BH21 7 Holt £4,580 sqm £5,490 sqm £6,000 sqm
BH21 6 Three Legged Cross £3,600 sqm £4,210 sqm £4,790 sqm
BH21 1 Wimborne £3,710 sqm £4,440 sqm £5,200 sqm
BH21 8 Woodlands £4,060 sqm £4,930 sqm £5,530 sqm
BH21 5 Cranborne £3,820 sqm £4,330 sqm £5,190 sqm

## Will Wimborne 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 BH21 1 (Wimborne) compared with both the wider area BH21 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 Wimborne,Wimborne
House price trends for Wimborne

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 BH21 1 sales
Recent trends for Wimborne

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 Wimborne 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 Wimborne 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
Lynwood Drive, Wimborne, BH21 1U 111 sqm £4,038 23
Merley Ways, Wimborne, BH21 1Q 106 sqm £5,458 23
Cockerell Close, Wimborne, BH21 1X 63 sqm £4,209 21
Sopwith Crescent, Wimborne, BH21 1X 89 sqm £4,579 21
Sopwith Crescent, Wimborne, BH21 1S 98 sqm £4,459 20
Poole Road, Wimborne, BH21 1Q 70 sqm £2,572 20
Rempstone Road, Wimborne, BH21 1S 118 sqm £4,178 17
Redcotts Lane, Wimborne, BH21 1J 66 sqm £3,328 13

## New build activity

Street Avg size Avg £sqm New build sales
East Borough, Wimborne, BH21 1P 95 sqm £5,108 19

East Borough, Wimborne, BH21 1P has seen 19 new build sales in the last 4 years (average price £381,885). These new build homes typically have an internal area of 95 sqm, with an average price of £5,108 sqm. This £sqm average is £668 above the average for BH21 1. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Wimborne 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.