Feb 07, 2023 by HM

# House prices in Holt (BH21 7)

## Price per square metre

Knowing the average house price in Holt 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. 78, Lodge Road, Holt, Wimborne, sold for £515,000 on Aug-2023. Given the internal area of 76 square metres, the price per sqm is £6,776.

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 52 sales in Holt (BH21 7) that took place in the last two years.

##### Distribution of £ per sqm for Holt (BH21 7)
Distribution of £ per sqm house prices in Holt

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 Holt (BH21 7). Of the 52 transactions, half were sold for between £4,360 and £6,130 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,130m2. 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 7' is £5,580. The table below shows how 'BH21 7' 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 Holt 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 7 (Holt). 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 7 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Holt (BH21 7) over time
House price trends for Holt

Hover on any blue dot to see details of specific sales

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

## Price map for Holt

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 Holt. 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 Holt

## Street level data

Street Avg size Avg £/m2 Recent sales
Lonnen Road, Holt, BH21 7A 129m2 £5,027 15
Forest View Drive, Holt, BH21 7N 75m2 £4,856 14
Award Road, Holt, BH21 7N 136m2 £5,142 7
Holt Wood, Holt, BH21 7D 180m2 £4,344 5
Holt Lane, Holt, BH21 7D 167m2 £4,698 5
Horton Heath, Holt, BH21 7J 152m2 £3,628 5

## Raw data

Our analysis of Holt 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.