Feb 07, 2023 by HM

House prices in Purewell (BH23 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Purewell (BH23 3).

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Price per square metre

Knowing the average house price in Purewell 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. 93, Pauntley Road, Purewell, Christchurch, sold for £950,000 on Sep-2023. Given the internal area of 113 square metres, the price per sqm is £8,407.

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. £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 200 sales in Purewell (BH23 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 Purewell (BH23 3). Of the 200 transactions, half were sold for between £3,890 and £5,520 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,520m². 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 'BH23 3' is £4,640. The table below shows how 'BH23 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BH23 7 Burton	£3,810m2	£4,280m2	£4,930m2
BH23 3 Purewell	£3,890m2	£4,640m2	£5,520m2
BH23 8 Bransgore	£3,930m2	£4,680m2	£5,480m2
BH23 2 Christchurch	£3,880m2	£4,600m2	£5,260m2
BH23 1 Christchurch	£3,540m2	£4,260m2	£5,250m2
BH23 6 Hurn	£3,980m2	£4,120m2	£4,820m2
BH23 4 Highcliffe	£4,370m2	£5,270m2	£6,470m2
BH23 5 Highcliffe	£3,680m2	£4,390m2	£5,500m2

Will Purewell 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 BH23 3 (Purewell). 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 BH23 3 and the blue dots are the individual property sales that inform this trend.

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

Price map for Purewell

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 Purewell. 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 Purewell

Street level data

Street	Avg size	Avg £/m2	Recent sales
Mudeford Lane, Purewell, BH23 3H	86m2	£5,249	27
Stanpit, Purewell, BH23 3L	100m2	£5,498	21
Stanpit, Purewell, BH23 3N	110m2	£4,960	18
Edward Road, Purewell, BH23 3E	83m2	£3,140	18
Pauntley Road, Purewell, BH23 3J	116m2	£5,212	17
Lingwood Avenue, Purewell, BH23 3J	111m2	£5,753	15
Russell Drive, Purewell, BH23 3T	74m2	£4,417	14
Amethyst Road, Purewell, BH23 3E	75m2	£3,306	11

Search for your street here.

Raw data

Our analysis of Purewell 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
93, Pauntley Rd, Purewell, Christchurch	£950,000 Sep-2023	113	8,407
35, Stanpit, Purewell, Christchurch	£362,000 Sep-2023	122	2,967
6, Tensing Rd, Purewell, Christchurch	£325,000 Aug-2023	77	4,220

See the entire list of all sales in Purewell (BH23 3) here.