Feb 07, 2023 by HM

House prices in Ferndown (BH22 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Ferndown (BH22 9).

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Price per square metre

Knowing the average house price in Ferndown 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, Pine Close, Ferndown, sold for £400,000 on Oct-2023. Given the internal area of 88 square metres, the price per sqm is £4,545.

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 291 sales in Ferndown (BH22 9) 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 Ferndown (BH22 9). Of the 291 transactions, half were sold for between £3,640 and £5,180 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,180m². 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 'BH22 9' is £4,320. The table below shows how 'BH22 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH22 8 West Parley	£3,630m2	£4,330m2	£4,970m2
BH22 0 West Moors	£3,650m2	£4,640m2	£5,260m2
BH22 9 Ferndown	£3,640m2	£4,320m2	£5,180m2

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 scatter plot below for BH22 9 (Ferndown). 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 BH22 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. 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 Ferndown data or any other data I am given.

Price map for Ferndown

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 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. I will explain more about the methodology and create a key next week.

House price heatmap for Ferndown

Street level data

Street	Avg size	Avg £/m2	Recent sales
Ringwood Road, Ferndown, BH22 9A	118m2	£3,653	49
Coppice Avenue, Ferndown, BH22 9P	69m2	£5,154	38
Wimborne Road East, Ferndown, BH22 9N	107m2	£3,716	25
Ringwood Road, Ferndown, BH22 9D	40m2	£1,854	25
Leeson Drive, Ferndown, BH22 9Q	87m2	£4,747	22
Church Road, Ferndown, BH22 9E	118m2	£3,758	21
Beaufoys Avenue, Ferndown, BH22 9R	112m2	£3,407	19
Ringwood Road, Ferndown, BH22 9B	54m2	£2,288	15

Search for your street here.

Raw data

Our analysis of Ferndown 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
1, Pine Close, Ferndown	£400,000 Oct-2023	88	4,545
6 Ripley Court, Coach House Mews, Ferndown	£252,000 Sep-2023	78	3,230
22, Leeson Drive, Ferndown	£575,000 Aug-2023	133	4,323

See the entire list of all sales in Ferndown (BH22 9) here.