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House Prices in SO32

The average house price in SO32 (Southampton) is £426,236 using HM Land Registry data.

The average property price increased by £156,702 (14.87%) over the last 5 years and increased by £31,327 (2.42%) over the last 12 months.

Over the last year, there were 205 residential property sales – a decrease of 216 transactions (-105.37%) relative to the previous year. The majority of house sales (57) were in the £260,000 - £382,000 range. Then came properties in the £382,000 - £504,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,952 (-4%).

In June 2024, there were 85 new estate agency instructions, 37 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in SO32 (Southampton)

14.87%

Property prices in Southampton increased by 14.87% 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 SO32 (Southampton) Over the Last Year

2.42%

Property prices in Southampton increased by 2.42% 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.

Property Market Heat Gauge for SO32 (Southampton) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 SO32 (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 SO32 (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 SO32 (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 SO32 (Southampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO32 postcode area since 1995.

Recent Sales in SO32 (Southampton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Eastways, Bishops Waltham, Southampton, Hampshire, SO32 1EX	£405,000	£405,000	£00	12 Dec 2023	03 May 2024	143 Days
2 Upham Street, Lower Upham, Southampton, Hampshire, SO32 1PH	£425,000	£367,000	-£58,000	12 Sep 2022	01 May 2024	597 Days
22 Crofton Way, Swanmore, Southampton, Hampshire, SO32 2RF	£750,000	£725,000	-£25,000	14 Aug 2023	17 Apr 2024	247 Days
21 Chase Farm Close, Waltham Chase, Southampton, Hampshire, SO32 2UB	£225,000	£221,500	-£3,500	05 Jan 2024	09 Apr 2024	95 Days
15 Brook Street, Bishops Waltham, Southampton, Hampshire, SO32 1AX	£495,000	£450,000	-£45,000	19 Sep 2023	21 Mar 2024	184 Days
23 Millside, Corhampton, Southampton, Hampshire, SO32 3AG	£650,000	£650,000	£00	26 May 2023	14 Mar 2024	293 Days
1 Beaucroft Road, Waltham Chase, Southampton, Hampshire, SO32 2LZ	£350,000	£325,000	-£25,000	01 Nov 2023	14 Mar 2024	134 Days
Marron, Black Horse Lane, Shedfield, Southampton, Hampshire, SO32 2HT	£450,000	£427,000	-£23,000	23 Nov 2023	01 Mar 2024	99 Days
Arcadia, Garfield Road, Bishops Waltham, Southampton, Hampshire, SO32 1AT	£599,950	£585,000	-£14,950	14 Aug 2023	01 Mar 2024	200 Days
70 Orchardlea, Swanmore, Southampton, Hampshire, SO32 2QZ	£485,000	£465,000	-£20,000	06 Sep 2023	29 Feb 2024	176 Days
22 Chase Farm Close, Waltham Chase, Southampton, Hampshire, SO32 2UD	£475,000	£455,000	-£20,000	23 Oct 2023	27 Feb 2024	127 Days
Flat 3, Old School House, Bank Street, Bishops Waltham, Southampton, Hampshire, SO32 1NS	£300,000	£290,000	-£10,000	31 Oct 2023	23 Jan 2024	84 Days
Shoe Cottage, Shoe Lane, Exton, Southampton, Hampshire, SO32 3NT	£850,000	£805,000	-£45,000	20 Feb 2023	18 Dec 2023	301 Days
Blythe Wood, Lake Road, Curdridge, Southampton, Hampshire, SO32 2HH	£875,000	£850,000	-£25,000	10 Aug 2023	14 Dec 2023	126 Days
10 Beaufort Drive, Bishops Waltham, Southampton, Hampshire, SO32 1HZ	£550,000	£550,000	£00	14 Sep 2023	06 Dec 2023	83 Days
4 Oatlands Road, Botley, Southampton, Hampshire, SO32 2DE	£585,000	£580,000	-£5,000	14 Sep 2023	05 Dec 2023	82 Days
Flat 6, Yew Trees, Lower Lane, Bishops Waltham, Southampton, Hampshire, SO32 1AS	£245,000	£242,500	-£2,500	23 Jun 2023	27 Nov 2023	157 Days
Downland, Station Road, Soberton, Southampton, Hampshire, SO32 3QU	£1,250,000	£1,150,000	-£100,000	05 Jun 2023	10 Nov 2023	158 Days
12 Albany Court, Bishops Waltham, Southampton, Hampshire, SO32 1AZ	£325,000	£300,000	-£25,000	05 Jun 2023	10 Nov 2023	158 Days
Fair View, Winchester Road, Waltham Chase, Southampton, Hampshire, SO32 2LX	£450,000	£430,000	-£20,000	02 Dec 2022	09 Nov 2023	342 Days

Most Expensive Streets in SO32 (Southampton)

Postcode	Street	Area	Average	No. of Sales
SO32 3NJ	Chapel Road, Meonstoke	Southampton	£2,390,850	5
SO32 1GD	Dundridge Lane, Bishops Waltham	Southampton	£1,316,666	3
SO32 2BR	Mincingfield Terrace, Durley	Southampton	£1,230,560	4
SO32 3QU	Station Road, Soberton	Southampton	£1,120,477	11
SO32 3PU	Midlington Barns, Midlington Hill	Southampton	£982,000	4
SO32 2BD	Lockhams Road, Curdridge	Southampton	£929,000	4
SO32 1FX	Dean Lane, Bishops Waltham	Southampton	£867,500	4
SO32 1DS	Hoe Road, Bishops Waltham	Southampton	£858,333	3
SO32 3PY	Webbs Green, Soberton	Southampton	£858,333	3
SO32 3NF	Rectory Lane, Meonstoke	Southampton	£850,000	6

Least Expensive Streets in SO32 (Southampton)

Postcode	Street	Area	Average	No. of Sales
SO32 2TN	Meon Gardens, Swanmore	Southampton	£100,214	7
SO32 1RZ	Southbrook Mews, Bishops Waltham	Southampton	£134,200	10
SO32 1DE	Cunningham House, Claylands Road	Southampton	£150,791	12
SO32 1NY	Elim Close, Bishops Waltham	Southampton	£192,174	14
SO32 1PN	Brent Court, Winchester Road	Southampton	£215,333	3
SO32 1PJ	Highfield Court, Winchester Road	Southampton	£218,333	3
SO32 1BH	Claylands Road, Bishops Waltham	Southampton	£218,500	4
SO32 1NN	Pilgrims Gate, Victoria Road	Southampton	£229,200	5
SO32 2RW	Provene Gardens, Waltham Chase	Southampton	£229,666	3
SO32 1DF	Marlow Road, Bishops Waltham	Southampton	£233,750	4