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House Prices in SO41 House Prices in SO41 (Lymington)

The average house price in SO41 (Lymington) is £551,300 using HM Land Registry data.

The average property price increased by £204,762 (29.02%) over the last 5 years and increased by £41,028 (4.29%) over the last 12 months.

Over the last year, there were 359 residential property sales – a decrease of 102 transactions (-28.41%) relative to the previous year. The majority of house sales (95) were in the £240,000 - £420,000 range. Then came properties in the £420,000 - £600,000 range, where 79 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 £-26,823 (-3%).

In Oct 24, there were 100 new estate agency instructions, 77 agreed home sales and 113 property price reductions.

Nearby Postcodes: BH23, BH24, BH25, SO40, SO42, SO43, SO45

5-Year Average Property Prices in SO41 (Lymington)

29.02%

Property prices in Lymington increased by 29.02% 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 SO41 (Lymington) Over the Last Year

4.29%

Property prices in Lymington increased by 4.29% 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 SO41 (Lymington) - 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 SO41 (Lymington)

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 SO41 (Lymington)

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 SO41 (Lymington)

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 SO41 (Lymington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO41 postcode area since 1995.

Recent Sales in SO41 (Lymington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Bramble Walk, Lymington, Hampshire, SO41 9LW£345,000£330,000-£15,00004 May 202423 Aug 2024111 Days
25 Wainsford Road, Pennington, Lymington, Hampshire, SO41 8GE£325,000£295,000-£30,00006 May 202421 Aug 2024107 Days
12 Buckland Gardens, Lymington, Hampshire, SO41 8QL£285,000£128,250-£156,75010 Apr 202415 Aug 2024127 Days
4 Lisle Close, Lymington, Hampshire, SO41 3NW£850,000£825,000-£25,00026 Dec 202314 Aug 2024232 Days
1 Bankside, Lymington, Hampshire, SO41 8YF£249,000£249,000£0006 Jun 202409 Aug 202464 Days
Switchells, Birchy Hill, Sway, Lymington, Hampshire, SO41 6BJ£3,250,000£3,200,000-£50,00012 Apr 202407 Aug 2024117 Days
33 Longfield Road, Hordle, Lymington, Hampshire, SO41 0HH£450,000£443,500-£6,50009 May 202407 Aug 202490 Days
36 Westfield Road, Lymington, Hampshire, SO41 3QA£1,395,000£1,395,000£0021 Jun 202405 Aug 202445 Days
5 Forest Way, Everton, Lymington, Hampshire, SO41 0LP£575,000£547,500-£27,50008 Feb 202419 Jul 2024162 Days
42 Lentune Way, Lymington, Hampshire, SO41 3PF£900,000£885,000-£15,00026 Jul 202316 Jul 2024356 Days
3 Firtree Crescent, Hordle, Lymington, Hampshire, SO41 0GT£399,950£395,000-£4,95030 Jan 202412 Jul 2024164 Days
37 Sycamore Road, Hordle, Lymington, Hampshire, SO41 0YF£340,000£325,000-£15,00028 Feb 202411 Jul 2024134 Days
72 Spartina Drive, Lymington, Hampshire, SO41 9FE£245,000£245,000£0005 Apr 202405 Jul 202491 Days
4 Eastern Road, Lymington, Hampshire, SO41 9HG£429,950£423,000-£6,95021 Sep 202303 Jul 2024286 Days
1 Rowan Close, Sway, Lymington, Hampshire, SO41 6AZ£395,000£380,000-£15,00027 Oct 202326 Jun 2024243 Days
21 Forest Gate Gardens, Lymington, Hampshire, SO41 8JG£750,000£725,000-£25,00005 Jan 202421 Jun 2024168 Days
21 Rowan Close, Sway, Lymington, Hampshire, SO41 6AZ£360,000£355,000-£5,00018 Mar 202421 Jun 202495 Days
20 Clausen Way, Pennington, Lymington, Hampshire, SO41 8BJ£495,000£487,000-£8,00029 Aug 202321 Jun 2024297 Days
23 Bitterne Way, Lymington, Hampshire, SO41 3PA£1,150,000£1,135,000-£15,00011 Mar 202414 Jun 202495 Days
4 Redvers Close, Lymington, Hampshire, SO41 3NZ£845,000£795,000-£50,00020 Feb 202414 Jun 2024115 Days

Most Expensive Streets in SO41 (Lymington)

PostcodeStreetAreaAverageNo. of Sales
SO41 8AFMaiden LaneLymington£3,730,6254
SO41 0PBBlackbush Road, Milford On SeaLymington£2,623,4403
SO41 8PABoldre Lane, BoldreLymington£2,430,0004
SO41 8PLSandy Down, BoldreLymington£1,771,1333
SO41 0RJKitwalls Lane, Milford On SeaLymington£1,705,0005
SO41 3NNBelmore LaneLymington£1,683,3333
SO41 6DAArnewood Bridge Road, SwayLymington£1,595,5035
SO41 6BJBirchy Hill, SwayLymington£1,563,7113
SO41 6DHBroadmead, SwayLymington£1,460,0006
SO41 3RLWest HayesLymington£1,439,1666

Least Expensive Streets in SO41 (Lymington)

PostcodeStreetAreaAverageNo. of Sales
SO41 8EZHomewood House, Milford RoadLymington£72,1005
SO41 0WRHomegrange House, Shingle Bank DriveLymington£115,45011
SO41 9BJNew StreetLymington£118,5717
SO41 9AXTylers CloseLymington£130,0008
SO41 9NQMosbach PlaceLymington£137,5624
SO41 9BSParish Court, Emsworth RoadLymington£138,02619
SO41 8JNBucklers Court, Anchorage WayLymington£166,85314
SO41 9PAAvenue RoadLymington£167,07520
SO41 0DADanestream House, Sea RoadLymington£182,89321
SO41 9FESpartina DriveLymington£197,35010

Explore SO41 (Lymington) using map

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