Logic updated Apr 29, 2024

House prices in DT1 3 (Poundbury)

This article reveals price per square foot data and various charts to help you understand current housing market in Poundbury, Dorchester (DT1 3).

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Defining 'DT1 3'

This analysis is limited to properties whose postcode starts with "DT1 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors but we've labelled it Poundbury. You can click on the map labels to change to a neighbouring sector.

Price per square foot

Knowing the average house price in Poundbury is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 4, Wadebridge Lane, Poundbury, Dorchester, sold for £875,000 on Feb-2024. Given the internal area of 1,797 square feet, the price per sqft is £486.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £301-£325, £325-£348, £348-£371 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 148 sales in Poundbury (DT1 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.

The spread of prices will give you a feel of the typical range to expect in Poundbury (DT1 3). Of the 148 transactions, half were sold for between £306 and £406 per square foot. The median, or 'middle', price per square foot in 'DT1 3' is £352. Notably, only 25% of properties that sold recently were valued at more than £406 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Poundbury, Dorchester

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 Dorchester. 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.

House price heatmap for Poundbury, Dorchester

Comparison with neighbouring postcode sectors

The table below shows how 'DT1 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DT1 2 Poundbury	£297 sqft	£347 sqft	£409 sqft
DT1 1 Fordington	£249 sqft	£298 sqft	£371 sqft
DT1 3 Poundbury	£306 sqft	£352 sqft	£406 sqft

Will Dorchester 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 DT1 3 (Poundbury) compared with the wider area DT1. The dashed trend lines in the chart show the average over time.

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.

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 Dorchester 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 Dorchester 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 £sqft	Recent sales
Bowes Lyon Place, Poundbury, DT1 3D	775 sqft	£381	24
Pavilion Green, Poundbury, DT1 3D	0 sqft	£463	13
Queen Mother Square, Poundbury, DT1 3B	731 sqft	£227	13
Liscombe Street, Poundbury, DT1 3D	0 sqft	£369	11
Great Cranford Street, Poundbury, DT1 3S	0 sqft	£315	11
Marsden Street, Poundbury, DT1 3D	0 sqft	£300	10
Crown Place, Poundbury, DT1 3F	904 sqft	£304	10
Peverell Avenue East, Poundbury, DT1 3R	0 sqft	£340	10

Search for your street here.

Raw data

Our analysis of Poundbury 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	sqft	£/sqft
4, Wadebridge Lane, Poundbury, Dorchester	£875,000 Feb-2024	1,797	486
5, Halstock St, Poundbury, Dorchester	£447,500 Feb-2024	968	461
2, Challacombe Square, Poundbury, Dorchester	£140,000 Feb-2024	505	276

See the entire list of all sales in Poundbury (DT1 3) here.