# House prices in BH21 2 (Wimborne)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH21 2' (Wimborne) - statistics were last calculated on 31 July 2024.

## Defining 'BH21 2'

This analysis is limited to properties whose postcode starts with "BH21 2", 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. 1, The Acorns, Wimborne, sold for £430,000 on Jun-2024. Given the internal area of 111 square metres, the price per sqm is £3,873.

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. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 209 sales in Wimborne (BH21 2) 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 2). Of the 209 transactions, half were sold for between £3,920 and £5,280 per square metre. The median, or 'middle', price per square metre in 'BH21 2' is £4,600. Notably, only 25% of properties that sold recently were valued at more than £5,280 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 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH21 4 Sturminster Marshall £3,740 sqm £4,310 sqm £5,090 sqm
BH21 1 Wimborne £3,720 sqm £4,440 sqm £5,160 sqm
BH21 7 Holt £4,500 sqm £5,430 sqm £5,960 sqm
BH21 6 Three Legged Cross £3,830 sqm £4,320 sqm £4,940 sqm
BH21 8 Woodlands £4,440 sqm £4,710 sqm £5,420 sqm
BH21 2 Wimborne £3,920 sqm £4,600 sqm £5,280 sqm
BH21 3 Corfe Mullen £3,820 sqm £4,280 sqm £4,870 sqm
BH21 5 Cranborne £3,940 sqm £4,360 sqm £4,960 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 2 (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 2 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
Cutlers Place, Wimborne, BH21 2H 90 sqm £3,797 29
Bridle Way, Wimborne, BH21 2U 90 sqm £4,176 24
Wimborne Road West, Wimborne, BH21 2D 118 sqm £3,712 23
Hayes Lane, Wimborne, BH21 2J 113 sqm £4,370 22
Martindale Avenue, Wimborne, BH21 2L 94 sqm £4,929 14
Leigh Road, Wimborne, BH21 2A 87 sqm £4,370 13
The Vineries, Wimborne, BH21 2P 108 sqm £4,445 13
Barnes Crescent, Wimborne, BH21 2A 75 sqm £3,878 13

## New build activity

Street Avg size Avg £sqm New build sales
Augustin Drive, Wimborne, BH21 2F 163 sqm £5,571 14
Larch Wood Avenue, Wimborne, BH21 2G 116 sqm £4,143 9

Augustin Drive, Wimborne, BH21 2F has seen 14 new build sales in the last 4 years (average price £908,291). These new build homes typically have an internal area of 163 sqm, with an average price of £5,571 sqm. This £sqm average is £971 above the average for BH21 2. 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.

1, The Acorns, Wimborne £430,000
Jun-2024
111 3,873
15, Park Homer Drive, Wimborne £635,000
Jun-2024
77 8,246
9, Sandy Close, Wimborne £700,000
May-2024
132 5,303