House prices in BH22 8 (West Parley)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BH22 8' (West Parley, Ferndown) - statistics were last calculated on 30 June 2024.


Defining 'BH22 8'

This analysis is limited to properties whose postcode starts with "BH22 8", 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 West Parley.

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 West Parley 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 50 Alexandria Court, Glenmoor Road, West Parley, Ferndown, sold for £120,000 on Apr-2024. Given the internal area of 48 square metres, the price per sqm is £2,500.

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. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 264 sales in West Parley (BH22 8) that took place in the last two years.

Distribution of £ per sqm for West Parley, Ferndown
Distribution of £ per sqm house prices in West Parley

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 West Parley (BH22 8). Of the 264 transactions, half were sold for between £3,630 and £4,960 per square metre. The median, or 'middle', price per square metre in 'BH22 8' is £4,320. Notably, only 25% of properties that sold recently were valued at more than £4,960 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 West Parley, Ferndown

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 Ferndown. 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.

Property price heatmap for West Parley
House price heatmap for West Parley, Ferndown

Comparison with neighbouring postcode sectors

The table below shows how 'BH22 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BH22 0 West Moors £3,650 sqm £4,560 sqm £5,260 sqm
BH22 8 West Parley £3,630 sqm £4,320 sqm £4,960 sqm
BH22 9 Ferndown £3,580 sqm £4,260 sqm £5,150 sqm

Will Ferndown 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 BH22 8 (West Parley) compared with both the wider area BH22 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 West Parley,Ferndown
House price trends for West Parley

Download time series data as CSV (paying users only).

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 BH22 8 sales
Recent trends for West Parley

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 Ferndown 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 Ferndown 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
New Road, West Parley, BH22 8E 112 sqm £3,910 53
Fernlea Avenue, West Parley, BH22 8H 59 sqm £3,492 32
Dudsbury Avenue, West Parley, BH22 8D 133 sqm £3,959 30
Golf Links Road, West Parley, BH22 8B 168 sqm £4,299 27
Christchurch Road, West Parley, BH22 8S 121 sqm £4,362 23
Wollaton Road, West Parley, BH22 8Q 126 sqm £4,153 19
Dudsbury Road, West Parley, BH22 8R 148 sqm £4,482 19
Fairways, West Parley, BH22 8B 92 sqm £4,180 19

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Golf Links Road, West Parley, BH22 8F 95 sqm £4,447 12

Golf Links Road, West Parley, BH22 8F has seen 12 new build sales in the last 4 years (average price £415,000). These new build homes typically have an internal area of 95 sqm, with an average price of £4,447 sqm. This £sqm average is £127 above the average for BH22 8. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of West Parley 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 sqm £/sqm
Flat 50 Alexandria Court, Glenmoor Rd, West Parley, Ferndown £120,000
Apr-2024
48 2,500
41, Winnards Close, West Parley, Ferndown £900,000
Apr-2024
93 9,677
Flat 46 St. Marys Mews, 1, Fernlea Avenue, West Parley, Ferndown £153,500
Apr-2024
64 2,398

See the entire list of all sales in West Parley (BH22 8) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.