House Prices in SO45 House Prices in SO45 (Southampton)

The average house price in SO45 (Southampton) is £355,384 using HM Land Registry data.

The average property price increased by £71,979 (23.81%) over the last 5 years and increased by £14,422 (3.65%) over the last 12 months.

Over the last year, there were 288 residential property sales – a decrease of 146 transactions (-50.69%) relative to the previous year. The majority of house sales (89) were in the £282,000 - £354,000 range. Then came properties in the £210,000 - £282,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,017 (-3%).

In Oct 24, there were 64 new estate agency instructions, 47 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in SO45 (Southampton)

23.81%

Property prices in Southampton increased by 23.81% 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 SO45 (Southampton) Over the Last Year

3.65%

Property prices in Southampton increased by 3.65% 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 SO45 (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 SO45 (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 SO45 (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 SO45 (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 SO45 (Southampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO45 postcode area since 1995.

Recent Sales in SO45 (Southampton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Butts Ash Lane, Hythe, Southampton, Hampshire, SO45 3QW£315,000£311,000-£4,00002 May 202408 Aug 202498 Days
6 Belvedere Road, Dibden Purlieu, Southampton, Hampshire, SO45 4NP£349,950£335,000-£14,95031 Jan 202405 Aug 2024187 Days
20 Langdown Lawn, Hythe, Southampton, Hampshire, SO45 5GR£695,000£680,000-£15,00008 Apr 202402 Aug 2024116 Days
12 Cumberland Way, Dibden, Southampton, Hampshire, SO45 5TW£280,000£270,000-£10,00020 Mar 202431 Jul 2024133 Days
42 Kings Ride, Langley, Southampton, Hampshire, SO45 1ZN£395,000£380,000-£15,00012 Jun 202424 Jul 202442 Days
45 Windrush Way, Hythe, Southampton, Hampshire, SO45 6JF£369,950£365,000-£4,95028 Feb 202419 Jul 2024142 Days
26 Pennine Gardens, Dibden Purlieu, Southampton, Hampshire, SO45 5RZ£237,500£232,500-£5,00021 Mar 202416 Jul 2024117 Days
73 Oakley Close, Holbury, Southampton, Hampshire, SO45 2PJ£280,000£275,000-£5,00021 Mar 202412 Jul 2024113 Days
26a, Lower Mullins Lane, Hythe, Southampton, Hampshire, SO45 5AF£825,000£765,000-£60,00013 Feb 202404 Jul 2024142 Days
31 Lodge Drive, Dibden Purlieu, Southampton, Hampshire, SO45 4LX£450,000£445,000-£5,00027 Mar 202404 Jul 202499 Days
4 Winters Close, Holbury, Southampton, Hampshire, SO45 2GJ£325,000£315,000-£10,00006 Dec 202303 Jul 2024210 Days
2 Hobson Way, Holbury, Southampton, Hampshire, SO45 2GE£325,000£320,000-£5,00006 Dec 202328 Jun 2024205 Days
2 Falcon Fields, Fawley, Southampton, Hampshire, SO45 1DE£369,950£365,000-£4,95002 Feb 202428 Jun 2024147 Days
16 Wentworth Gardens, Holbury, Southampton, Hampshire, SO45 2GR£419,950£410,000-£9,95028 Dec 202326 Jun 2024181 Days
23 Trenley Close, Holbury, Southampton, Hampshire, SO45 2HN£270,000£260,000-£10,00015 Nov 202326 Jun 2024224 Days
76 Southbourne Avenue, Holbury, Southampton, Hampshire, SO45 2NS£285,000£280,000-£5,00007 Mar 202421 Jun 2024106 Days
54 Cambria Drive, Dibden, Southampton, Hampshire, SO45 5UW£300,000£300,000£0012 Sep 202321 Jun 2024283 Days
Ganwarily Farm, Newlands Road, Fawley, Southampton, Hampshire, SO45 1GA£650,000£650,000£0020 Feb 202421 Jun 2024122 Days
96 Rollestone Road, Holbury, Southampton, Hampshire, SO45 2GZ£650,000£591,500-£58,50012 Jan 202421 Jun 2024161 Days
South Riding, Fawley Road, Fawley, Southampton, Hampshire, SO45 2NB£425,000£425,000£0020 Jul 202318 Jun 2024334 Days

Most Expensive Streets in SO45 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO45 5ALOak View, HytheSouthampton£867,5004
SO45 6DZAstra Court, HytheSouthampton£842,5006
SO45 6DWVelsheda Court, Hythe Marina VillageSouthampton£840,75012
SO45 6DTWhite Heather Court, Hythe Marina VillageSouthampton£794,81811
SO45 4QHMonks Walk, Dibden PurlieuSouthampton£700,8333
SO45 4RBLime Walk, Dibden PurlieuSouthampton£695,0004
SO45 4QAWhinfield Road, Dibden PurlieuSouthampton£664,2504
SO45 6BRAtheling Road, HytheSouthampton£650,0003
SO45 4PLOak Road, Dibden PurlieuSouthampton£628,3163
SO45 4RALime Walk, Dibden PurlieuSouthampton£608,7504

Least Expensive Streets in SO45 (Southampton)

PostcodeStreetAreaAverageNo. of Sales
SO45 5QUThe Quantocks, Dibden PurlieuSouthampton£117,6663
SO45 5BTLangdown Firs, HytheSouthampton£118,13111
SO45 1FEPavilion Gardens, BlackfieldSouthampton£118,4163
SO45 4BBHeathlands Court, Beaulieu RoadSouthampton£147,7779
SO45 6EEHomeborough House, Brinton LaneSouthampton£155,91913
SO45 4AYBroadleaf Close, Dibden PurlieuSouthampton£156,0003
SO45 6EDThe Sycamores, South Street, HytheSouthampton£163,5003
SO45 6GQCharlie Adams Court, Seward GreenSouthampton£178,9833
SO45 3GJGuillemot Close, HytheSouthampton£183,3128
SO45 6GLMarine Court, Jones LaneSouthampton£190,9374

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