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Winchester House Prices Winchester House Prices

The average house price in Winchester is £522,733 using HM Land Registry data.

The average property price increased by £100,593 (17.55%) over the last 5 years and increased by £20,109 (3.08%) over the last 12 months.

Over the last year, there were 497 residential property sales – a decrease of 216 transactions (-43.46%) relative to the previous year. The majority of house sales (128) were in the £250,000 - £420,000 range. Then came properties in the £420,000 - £590,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,966 (-2%).

In Oct 24, there were 113 new estate agency instructions, 98 agreed home sales and 92 property price reductions.

Postcodes Covered: SO21, SO22, SO23

5-Year Average Property Prices in Winchester

17.55%

Property prices in Winchester increased by 17.55% 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 Winchester Over the Last Year

3.08%

Property prices in Winchester increased by 3.08% 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 Winchester - 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 Winchester

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 Winchester

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 Winchester

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 Winchester since 1995

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

Recent Property Sales in Winchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Woodgreen Road, Winchester, Hampshire, SO22 6LH£400,000£366,500-£33,50009 Apr 202423 Aug 2024136 Days
61 Alresford Road, Winchester, Hampshire, SO23 0LA£895,000£850,000-£45,00030 May 202419 Aug 202481 Days
11 Wordsworth Close, Winchester, Hampshire, SO22 5BY£530,000£519,500-£10,50027 Mar 202416 Aug 2024142 Days
51 Teg Down Meads, Winchester, Hampshire, SO22 5NF£675,000£660,000-£15,00013 Mar 202416 Aug 2024156 Days
37 St Faiths Road, Winchester, Hampshire, SO23 9QD£795,000£780,000-£15,00003 Jun 202413 Aug 202471 Days
15 Bramshaw Close, Harestock, Winchester, Hampshire, SO22 6LT£449,950£435,000-£14,95026 Dec 202309 Aug 2024227 Days
30 Hyde Street, Winchester, Hampshire, SO23 7DX£550,000£525,000-£25,00006 Jul 202307 Aug 2024398 Days
3 Godwin Close, Winchester, Hampshire, SO22 5JN£750,000£710,000-£40,00002 Jan 202402 Aug 2024213 Days
5 Parkside Gardens, Winchester, Hampshire, SO22 5NA£925,000£907,500-£17,50017 Jun 202402 Aug 202446 Days
29 Bramshaw Close, Harestock, Winchester, Hampshire, SO22 6LT£430,000£425,000-£5,00021 Feb 202401 Aug 2024162 Days
6 Chalk Ridge, Winchester, Hampshire, SO23 0QW£625,000£608,000-£17,00016 Apr 202431 Jul 2024106 Days
Flat 27, Bilberry Court, Staple Gardens, Winchester, Hampshire, SO23 8SP£230,000£220,000-£10,00008 Feb 202425 Jul 2024168 Days
95 Priors Dean Road, Harestock, Winchester, Hampshire, SO22 6LA£400,000£370,000-£30,00027 Sep 202319 Jul 2024296 Days
26 Abbotts Ann Road, Harestock, Winchester, Hampshire, SO22 6NB£700,000£675,000-£25,00012 Apr 202416 Jul 202495 Days
17 Hyde Close, Winchester, Hampshire, SO23 7DT£600,000£590,000-£10,00008 Apr 202412 Jul 202495 Days
22 Harvest Close, Winchester, Hampshire, SO22 4DW£550,000£530,000-£20,00019 Feb 202412 Jul 2024144 Days
20 Peninsula Square, Winchester, Hampshire, SO23 8GJ£2,250,000£2,250,000£0016 Apr 202403 Jul 202478 Days
15 St Annes Close, Badger Farm, Winchester, Hampshire, SO22 4LQ£375,000£375,000£0028 Mar 202428 Jun 202492 Days
41 Quarry Road, Winchester, Hampshire, SO23 0JS£390,000£382,500-£7,50023 Oct 202321 Jun 2024242 Days
Flat 15, Greyfriars, Eastgate Street, Winchester, Hampshire, SO23 8EA£250,000£242,000-£8,00024 Jan 202421 Jun 2024149 Days

Most Expensive Streets in Winchester

PostcodeStreetAreaAverageNo. of Sales
SO22 5HPLinks RoadWinchester£2,495,0003
SO22 4NBSleepers HillWinchester£1,837,3889
SO22 4WBAirlie LaneWinchester£1,801,2504
SO22 6AAPark RoadWinchester£1,758,3005
SO22 5LLDean LaneWinchester£1,736,6666
SO22 4PEGeorge Eyston DriveWinchester£1,710,0003
SO22 6ANPinehurst PlaceWinchester£1,653,7508
SO23 9SRChristchurch RoadWinchester£1,640,0005
SO23 9PRSt Cross RoadWinchester£1,616,6663
SO22 5TLSilkstead ParkWinchester£1,614,9378

Least Expensive Streets in Winchester

PostcodeStreetAreaAverageNo. of Sales
SO23 7HAHomerise HouseHyde Street, Winchester£106,41612
SO22 6DLOrchard WalkWinchester£163,63611
SO22 5HGMacklin HouseRomsey Road£175,6124
SO22 6DYTrussell CrescentWinchester£189,6663
SO23 8SPBilberry CourtStaple Gardens£190,8336
SO22 6HBCanitz WayWinchester£199,0504
SO23 7ANWarwick CourtNorthlands Drive£202,0003
SO23 0LBBalfour HouseWinnall Close£205,0003
SO22 4LGElder CloseWinchester£209,4166
SO23 7AQAlton CourtNorthlands Drive£212,2506

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