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House Prices in SO31 House Prices in SO31 (Southampton)

The average house price in SO31 (Southampton) is £482,941 using HM Land Registry data.

The average property price increased by £58,489 (15.48%) over the last 5 years and increased by £11,716 (2.51%) over the last 12 months.

Over the last year, there were 526 residential property sales – a decrease of 172 transactions (-32.70%) relative to the previous year. The majority of house sales (135) were in the £294,000 - £378,000 range. Then came properties in the £210,000 - £294,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 171 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,551 (-3%).

In January 2025, there were 138 new estate agency instructions, 93 agreed home sales and 90 property price reductions.

Nearby Postcodes: PO13, PO14, PO15, PO16, PO17, SO14, SO18, SO19, SO30, SO32, SO50, SO97

5-Year Average Property Prices in SO31 (Southampton)

15.48%

Property prices in SO31 (Southampton) increased by 15.48% 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 SO31 (Southampton) Over the Last Year

2.51%

Property prices in SO31 (Southampton) increased by 2.51% 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 SO31 (Southampton) - January 2025

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 SO31 (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 SO31 (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 SO31 (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 SO31 (Southampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO31 postcode area since 1995.

Recent Sales in SO31 (Southampton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Dene Close, Sarisbury Green, Southampton, Hampshire, SO31 7TT£500,000£500,000£004 Jun 202413 Dec 2024192 Days
6 Westfield Common, Hamble, Southampton, Hampshire, SO31 4LB£375,000£375,000£020 Sep 202406 Dec 202477 Days
28 Dibles Road, Warsash, Southampton, Hampshire, SO31 9HZ£895,000£895,000£014 Aug 202404 Dec 2024112 Days
33 Garden Mews, Warsash, Southampton, Hampshire, SO31 9GW£250,000£235,000-£15,00021 Feb 202403 Dec 2024286 Days
1 Wightway Mews, Warsash, Southampton, Hampshire, SO31 9AF£749,500£710,000-£39,50019 Jul 202403 Dec 2024137 Days
230 Locks Road, Locks Heath, Southampton, Hampshire, SO31 6LB£370,000£370,000£025 Jul 202402 Dec 2024130 Days
16 Quebec Gardens, Bursledon, Southampton, Hampshire, SO31 8GP£264,000£258,750-£5,25023 Sep 202429 Nov 202467 Days
42 Woolston Road, Netley Abbey, Southampton, Hampshire, SO31 5FQ£725,000£700,000-£25,00008 Apr 202429 Nov 2024235 Days
12 Holmes Close, Netley Abbey, Southampton, Hampshire, SO31 5QN£325,000£312,000-£13,00010 May 202422 Nov 2024196 Days
3 Coracle Close, Warsash, Southampton, Hampshire, SO31 9AT£255,000£250,000-£5,00026 Jun 202419 Nov 2024146 Days
15 James Grieve Avenue, Locks Heath, Southampton, Hampshire, SO31 6UB£480,000£475,000-£5,00027 Jun 202414 Nov 2024140 Days
31 Yorke Way, Hamble, Southampton, Hampshire, SO31 4LQ£300,000£288,000-£12,00023 Apr 202408 Nov 2024199 Days
2 Shalcombe, Netley Abbey, Southampton, Hampshire, SO31 5GD£250,000£250,000£002 Aug 202431 Oct 202490 Days
5 Beverley Gardens, Bursledon, Southampton, Hampshire, SO31 8FD£450,000£387,000-£63,00006 Jul 202330 Oct 2024482 Days
53 Coach Road, Hamble, Southampton, Hampshire, SO31 4LA£425,000£425,000£010 Feb 202430 Oct 2024263 Days
77 Warsash Road, Warsash, Southampton, Hampshire, SO31 9HU£450,000£445,000-£5,00020 Jun 202430 Oct 2024132 Days
80 Badgers Copse, Park Gate, Southampton, Hampshire, SO31 1DU£325,000£325,000£028 Oct 202428 Oct 20240 Days
55 Hamble Lane, Hamble, Southampton, Hampshire, SO31 4JR£310,000£310,000£004 Mar 202423 Aug 2024172 Days
37 Painswick Close, Sarisbury Green, Southampton, Hampshire, SO31 7EQ£425,000£411,000-£14,00005 Jan 202422 Aug 2024230 Days
211 Barnes Lane, Sarisbury Green, Southampton, Hampshire, SO31 7BH£725,000£690,000-£35,00028 Sep 202321 Aug 2024328 Days

Most Expensive Streets in SO31 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO31 7AHHolly Hill Lane, Sarisbury GreenSouthampton£3,200,0005
SO31 9EACawtes Reach, WarsashSouthampton£1,696,6663
SO31 8DHSalterns Lane, BursledonSouthampton£1,642,0005
SO31 9HAHook Park Road, WarsashSouthampton£1,457,0005
SO31 9HBSolent Drive, WarsashSouthampton£1,370,0006
SO31 9HNBrook Avenue, WarsashSouthampton£1,290,0004
SO31 9FJThornton Avenue, WarsashSouthampton£1,271,2504
SO31 7DFGreen Lane, Lower SwanwickSouthampton£1,265,0004
SO31 7AFHolly Hill Lane, Sarisbury GreenSouthampton£1,067,5004
SO31 1BHPylands Lane, BursledonSouthampton£1,007,0005

Least Expensive Streets in SO31 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO31 6AZHunts Pond Road, Park GateSouthampton£74,14617
SO31 9AGCherry Tree Court, Havelock RoadSouthampton£116,5624
SO31 4QEHambleside Court, Hamble LaneSouthampton£127,93618
SO31 5HYChamberlayne House, Robin PlaceSouthampton£128,8333
SO31 1AYBotley Road, Park GateSouthampton£134,0003
SO31 6TJSaffron Court, Yarrow WaySouthampton£137,6663
SO31 8JSPound Road, BursledonSouthampton£138,1666
SO31 7HRStation Road, Park GateSouthampton£141,66612
SO31 6AXOld Common Gardens, Locks HeathSouthampton£151,48127
SO31 8GWCambrian Close, BursledonSouthampton£159,3333

Explore SO31 (Southampton) using map

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