Feb 07, 2023 by HM

House prices in Corfe Mullen (BH21 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Corfe Mullen (BH21 3).

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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. 9, Rushcombe Way, Corfe Mullen, Wimborne, sold for £400,000 on Sep-2023. Given the internal area of 89 square metres, the price per sqm is £4,494.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 227 sales in Corfe Mullen (BH21 3) 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 Corfe Mullen (BH21 3). Of the 227 transactions, half were sold for between £3,860 and £4,830 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,830m². 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 'BH21 3' is £4,270. The table below shows how 'BH21 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH21 4 Sturminster Marshall	£3,750m2	£4,320m2	£5,000m2
BH21 2 Colehill	£3,820m2	£4,500m2	£5,080m2
BH21 3 Corfe Mullen	£3,860m2	£4,270m2	£4,830m2
BH21 1 Merley	£3,830m2	£4,480m2	£5,120m2
BH21 8 Woodlands	£4,440m2	£5,420m2	£5,680m2
BH21 7 Holt	£4,360m2	£5,580m2	£6,130m2
BH21 5 Cranborne	£3,830m2	£4,250m2	£5,750m2
BH21 6 Three Legged Cross	£3,390m2	£4,080m2	£4,660m2

Will Corfe Mullen 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 BH21 3 (Corfe Mullen). 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 BH21 3 and the blue dots are the individual property sales that inform this trend.

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

Price map for Corfe Mullen

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 Corfe Mullen. 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 Corfe Mullen

Street level data

Street	Avg size	Avg £/m2	Recent sales
Henbury View Road, Corfe Mullen, BH21 3T	67m2	£3,572	21
Rushcombe Way, Corfe Mullen, BH21 3Q	93m2	£3,866	17
Wareham Road, Corfe Mullen, BH21 3L	113m2	£4,034	15
Hillside Road, Corfe Mullen, BH21 3S	123m2	£3,996	14
Phelipps Road, Corfe Mullen, BH21 3N	95m2	£3,623	14
Wareham Road, Corfe Mullen, BH21 3J	127m2	£4,156	14
Blandford Road, Corfe Mullen, BH21 3H	139m2	£4,118	14
Highfield Road, Corfe Mullen, BH21 3P	113m2	£5,061	14

Search for your street here.

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.

Address	Paid	m2	£/m2
9, Rushcombe Way, Corfe Mullen, Wimborne	£400,000 Sep-2023	89	4,494
17, Cogdean Close, Corfe Mullen, Wimborne	£585,000 Aug-2023	107	5,467
12, Bakers View, Corfe Mullen, Wimborne	£370,000 Aug-2023	109	3,394

See the entire list of all sales in Corfe Mullen (BH21 3) here.