# House prices in BH21 3 (Corfe Mullen)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH21 3' (Corfe Mullen, Wimborne) - statistics were last calculated on 31 July 2024.

## Defining 'BH21 3'

This analysis is limited to properties whose postcode starts with "BH21 3", 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 Corfe Mullen.

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 Corfe Mullen 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, Blacksmith Close, Corfe Mullen, Wimborne, sold for £350,000 on Jun-2024. Given the internal area of 57 square metres, the price per sqm is £6,140.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 182 sales in Corfe Mullen (BH21 3) that took place in the last two years.

##### Distribution of £ per sqm for Corfe Mullen, Wimborne
Distribution of £ per sqm house prices in Corfe Mullen

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 Mullen (BH21 3). Of the 182 transactions, half were sold for between £3,820 and £4,870 per square metre. The median, or 'middle', price per square metre in 'BH21 3' is £4,280. Notably, only 25% of properties that sold recently were valued at more than £4,870 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 Corfe Mullen, 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 Corfe Mullen, Wimborne

## Comparison with neighbouring postcode sectors

The table below shows how 'BH21 3' 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 3 (Corfe Mullen) 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 Corfe Mullen,Wimborne
House price trends for Corfe Mullen

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 3 sales
Recent trends for Corfe Mullen

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
Wareham Road, Corfe Mullen, BH21 3L 114 sqm £3,947 17
Henbury View Road, Corfe Mullen, BH21 3T 67 sqm £3,623 17
Hillside Road, Corfe Mullen, BH21 3S 123 sqm £4,020 14
Wareham Road, Corfe Mullen, BH21 3J 127 sqm £4,170 14
Rushcombe Way, Corfe Mullen, BH21 3Q 93 sqm £3,935 14
Blandford Road, Corfe Mullen, BH21 3H 140 sqm £4,097 14
Phelipps Road, Corfe Mullen, BH21 3N 95 sqm £3,656 13
Hadrian Way, Corfe Mullen, BH21 3X 70 sqm £5,143 13

## Raw data

Our analysis of Corfe Mullen 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.