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House Prices in SO15 House Prices in SO15 (Southampton)

The average house price in SO15 (Southampton) is £243,768 using HM Land Registry data.

The average property price increased by £40,098 (8.09%) over the last 5 years and increased by £8,035 (1.39%) over the last 12 months.

Over the last year, there were 387 residential property sales – a decrease of 181 transactions (-46.77%) relative to the previous year. The majority of house sales (80) were in the £120,000 - £184,000 range. Then came properties in the £184,000 - £248,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,442 (-2%).

In Oct 24, there were 75 new estate agency instructions, 82 agreed home sales and 72 property price reductions.

Nearby Postcodes: SO14, SO16, SO17, SO18, SO19, SO40, SO42, SO43, SO45, SO50, SO51, SO52, SO53

5-Year Average Property Prices in SO15 (Southampton)

8.09%

Property prices in Southampton increased by 8.09% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SO15 (Southampton) Over the Last Year

1.39%

Property prices in Southampton increased by 1.39% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SO15 (Southampton) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SO15 (Southampton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SO15 (Southampton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SO15 (Southampton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SO15 (Southampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO15 postcode area since 1995.

Recent Sales in SO15 (Southampton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
62 Stanton Road, Southampton, SO15 4HT£365,000£356,500-£8,50016 Apr 202427 Aug 2024133 Days
35 Kingsley Road, Southampton, SO15 8QP£270,000£270,000£0026 Feb 202415 Aug 2024171 Days
9 Charles Knott Gardens, Southampton, SO15 2TF£325,000£310,000-£15,00011 Jun 202414 Aug 202464 Days
16 Lakelands Drive, Southampton, SO15 3AL£290,000£270,000-£20,00022 Mar 202408 Aug 2024139 Days
174 Wilton Road, Southampton, SO15 5HZ£550,000£500,000-£50,00013 Apr 202402 Aug 2024111 Days
3 Benson Road, Southampton, SO15 8PY£125,000£115,000-£10,00017 Oct 202331 Jul 2024288 Days
40 Prince Of Wales Avenue, Southampton, SO15 4LR£325,000£250,000-£75,00009 Aug 202231 Jul 2024722 Days
1 Norman Road, Freemantle, Southampton, SO15 1JL£235,000£227,500-£7,50030 Nov 202319 Jul 2024232 Days
32 Stanton Road, Southampton, SO15 4HG£315,000£305,000-£10,00028 Feb 202411 Jul 2024134 Days
64 English Road, Southampton, SO15 8QF£270,000£262,500-£7,50020 Jan 202405 Jul 2024167 Days
Flat 19, Osborne House, Grosvenor Square, Southampton, SO15 2DA£290,000£285,000-£5,00021 May 202428 Jun 202438 Days
21 Torquay Avenue, Southampton, SO15 5HA£375,000£370,000-£5,00011 Mar 202426 Jun 2024107 Days
288 Foundry Lane, Southampton, SO15 3JQ£325,000£320,000-£5,00019 Sep 202325 Jun 2024280 Days
6 Salem Street, Southampton, SO15 5QD£280,000£267,000-£13,00003 Nov 202321 Jun 2024231 Days
10 Ashdene, Southampton, SO15 4GP£310,000£300,000-£10,00020 Nov 202314 Jun 2024207 Days
32 Evelyn Crescent, Southampton, SO15 5JE£500,000£499,000-£1,00017 Jan 202414 Jun 2024149 Days
1a, Alexandra Road, Southampton, SO15 5DH£425,000£400,000-£25,00024 Jan 202413 Jun 2024141 Days
46 Pentire Avenue, Southampton, SO15 7RS£625,000£602,750-£22,25020 Feb 202407 Jun 2024108 Days
32 Trafalgar Road, Freemantle, Southampton, SO15 3ED£270,000£270,000£0020 Dec 202331 May 2024163 Days
25 Reynolds Road, Southampton, SO15 5GR£375,000£360,000-£15,00018 Oct 202331 May 2024226 Days

Most Expensive Streets in SO15 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO15 5AGRaymond RoadSouthampton£636,2504
SO15 7NGAtherley CourtSouthampton£633,3333
SO15 5DBHill LaneSouthampton£607,3333
SO15 7PFWarwick RoadSouthampton£601,7333
SO15 2TUCourt Royal MewsSouthampton£586,7063
SO15 7PJRadway RoadSouthampton£578,3333
SO15 5NLUpper Shirley AvenueSouthampton£574,0004
SO15 7PBMelrose RoadSouthampton£549,0005
SO15 7RSPentire AvenueSouthampton£546,6656
SO15 5JAWilton RoadSouthampton£542,5004

Least Expensive Streets in SO15 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO15 3SHLake House, Paynes RoadSouthampton£72,3758
SO15 5BSDarwin RoadSouthampton£74,0003
SO15 1GSWyndham Court, Commercial RoadSouthampton£82,2005
SO15 5BLHoward RoadSouthampton£87,2508
SO15 0NFClover Nooke, Old Redbridge RoadSouthampton£93,1005
SO15 0NGClover Nooke, Old Redbridge RoadSouthampton£94,5333
SO15 0NHClover Nooke, Old Redbridge RoadSouthampton£96,6663
SO15 2DEHenstead RoadSouthampton£100,1663
SO15 3JAWithewood Mansions, Shirley RoadSouthampton£110,3756
SO15 3SJShirley RoadSouthampton£112,97017

Explore SO15 (Southampton) using map

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