BH31 7PE is a residential postcode situated on Park Drive, Verwood, BH31 with 16 addresses.
It ranks as the 621st largest and 620th most expensive of the 1,058 postcodes in the BH31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
BH31 7PE is a residential postcode situated on Park Drive, Verwood, BH31 with 16 addresses.
It ranks as the 621st largest and 620th most expensive of the 1,058 postcodes in the BH31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £348,270 for 3 bedroom freehold houses with a garden (775 ft2) to £653,281 for 5 bedroom freehold houses with a garden (2,443 ft2) .
Monthly rental prices range from £1,571 pcm for 3 bed houses to £2,629 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 5.6%.
The average value per square foot is £401.
The last sale in BH31 7PE sold for £675,000 on 7th August 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £521,118.
The BH31 7PE Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £521,118 |
| April 2025 | -0.2% | £535,145 |
| April 2024 | -3.1% | £536,483 |
| April 2023 | 0.3% | £553,470 |
| April 2022 | 14% | £551,813 |
| April 2021 | 8.3% | £483,966 |
| April 2020 | 2.1% | £446,863 |
| April 2019 | -2.1% | £437,481 |
| April 2018 | 4.9% | £446,803 |
| April 2017 | 4.9% | £426,080 |
| April 2016 | 6.1% | £406,283 |
| April 2015 | 7.6% | £382,778 |
| April 2014 | 7.8% | £355,842 |
| April 2013 | 2.3% | £330,078 |
| April 2012 | -0.5% | £322,737 |
| April 2011 | 2.1% | £324,314 |
| April 2010 | 9.5% | £317,628 |
| April 2009 | -13.9% | £290,135 |
| April 2008 | 3% | £337,002 |
| April 2007 | 0% | £327,067 |
The current average rental value in the postcode is £1,945.
The BH31 7PE Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,945pcm |
| April 2025 | 3.6% | £1,870pcm |
| April 2024 | 6.3% | £1,805pcm |
| April 2023 | 6.7% | £1,699pcm |
| April 2022 | 9.5% | £1,593pcm |
| April 2021 | 7% | £1,454pcm |
| April 2020 | 1.6% | £1,359pcm |
| April 2019 | 0.5% | £1,338pcm |
| April 2018 | 3.5% | £1,332pcm |
| April 2017 | 2.3% | £1,287pcm |
| April 2016 | 4.2% | £1,257pcm |
| April 2015 | 3% | £1,206pcm |
| April 2014 | 3.2% | £1,171pcm |
| April 2013 | 5.4% | £1,135pcm |
| April 2012 | 2.8% | £1,078pcm |
| April 2011 | 1.3% | £1,048pcm |
| April 2010 | 4.9% | £1,034pcm |
| April 2009 | -7% | £986pcm |
| April 2008 | 4.5% | £1,060pcm |
| April 2007 | 0% | £1,015pcm |
The last sale was on 7th August 2024 for £675,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 21 sales since 1995.
BH31 7PE has seen 2 sales in the last three years and no sales in the last twelve months.
BH31 7PE is the 621st largest and the 620th most expensive postcode out of the 1,058 postcodes in the BH31 area.
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The closest station to BH31 7PE is Bournemouth station which is 17.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around BH31 7PE, 43.5% of property is privately owned outright and 41.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around BH31 7PE, 17.2% of residents are recorded as possessing school level qualifications and 35.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around BH31 7PE, the average age was 46.1 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around BH31 7PE, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around BH31 7PE, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.