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House Prices in SO16

The average house price in SO16 (Southampton) is £283,119 using HM Land Registry data.

The average property price increased by £10,979 (24.66%) over the last 5 years and increased by £2,194 (3.75%) over the last 12 months.

Over the last year, there were 520 residential property sales – a decrease of 133 transactions (-25.58%) relative to the previous year. The majority of house sales (198) were in the £228,000 - £306,000 range. Then came properties in the £306,000 - £384,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,850 (-2%).

In May 2025, there were 92 new estate agency instructions, 94 agreed home sales and 86 property price reductions.

5-Year Average Property Prices in SO16 (Southampton)

24.66%

Property prices in SO16 (Southampton) increased by 24.66% 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 SO16 (Southampton) Over the Last Year

3.75%

Property prices in SO16 (Southampton) increased by 3.75% 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 SO16 (Southampton) - May 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 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 SO16 (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 SO16 (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 SO16 (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 SO16 (Southampton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SO16 postcode area since 1995.

Recent Sales in SO16 (Southampton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
56 Warren Avenue, Southampton, SO16 6AG	£265,000	£255,000	-£10,000	27 Jul 2024	19 Feb 2025	207 Days
9 Chetwynd Road, Southampton, SO16 3JA	£700,000	£680,000	-£20,000	23 Apr 2024	14 Feb 2025	297 Days
47 Orion Close, Lordshill, Southampton, SO16 8BN	£257,000	£255,000	-£2,000	20 Aug 2024	14 Feb 2025	178 Days
120 Linford Crescent, Southampton, SO16 6RS	£315,000	£300,000	-£15,000	24 Jun 2024	10 Feb 2025	231 Days
15 Emmett Road, Rownhams, Southampton, Hampshire, SO16 8JB	£450,000	£445,000	-£5,000	13 Aug 2024	05 Feb 2025	176 Days
36 Irving Road, Southampton, SO16 4EA	£260,000	£260,000	£0	12 Sep 2024	04 Feb 2025	145 Days
32 Burgess Road, Southampton, SO16 7AH	£400,000	£390,000	-£10,000	29 Sep 2024	04 Feb 2025	128 Days
14 Westover Road, Redbridge, Southampton, SO16 9BL	£325,000	£297,500	-£27,500	25 Jul 2024	31 Jan 2025	190 Days
12 Horns Drove, Rownhams, Southampton, Hampshire, SO16 8AH	£925,000	£912,500	-£12,500	10 Jul 2024	30 Jan 2025	204 Days
13 Hollybrook Close, Southampton, SO16 6SY	£210,000	£208,000	-£2,000	15 Oct 2024	15 Jan 2025	92 Days
52 Seacombe Green, Southampton, SO16 9HW	£235,000	£232,000	-£3,000	07 Oct 2024	15 Jan 2025	100 Days
6 Glen Eyre Close, Southampton, SO16 3GB	£190,000	£189,000	-£1,000	26 Sep 2024	10 Jan 2025	106 Days
33 Seagarth Lane, Southampton, SO16 6RJ	£250,000	£242,000	-£8,000	27 Aug 2024	10 Jan 2025	136 Days
284 Wimpson Lane, Southampton, SO16 4PX	£385,000	£385,000	£0	18 Mar 2024	09 Jan 2025	297 Days
Flat 3, Beech House, Lingwood Close, Bassett, Southampton, SO16 7GF	£190,000	£185,000	-£5,000	24 Aug 2024	06 Jan 2025	135 Days
64 Salerno Road, Southampton, SO16 5PJ	£280,000	£270,000	-£10,000	27 Sep 2024	20 Dec 2024	84 Days
34 Cuckmere Lane, Southampton, SO16 9AQ	£290,000	£280,000	-£10,000	22 Aug 2024	20 Dec 2024	120 Days
8 Arnheim Close, Southampton, SO16 6LS	£200,000	£200,000	£0	11 Sep 2024	20 Dec 2024	100 Days
147 Kendal Avenue, Southampton, SO16 9LX	£280,000	£280,000	£0	05 Jun 2024	19 Dec 2024	197 Days
56 Burgess Road, Southampton, SO16 7AB	£325,000	£320,000	-£5,000	02 Sep 2024	19 Dec 2024	108 Days

Most Expensive Streets in SO16 (Southampton)

Postcode	Street	Area	Average	No. of Sales
SO16 7JZ	The Orchard	Southampton	£1,632,916	6
SO16 7LB	Woodside	Southampton	£1,368,750	4
SO16 7HY	Hadrian Way, Chilworth	Southampton	£1,263,333	3
SO16 7JS	Chilworth Road	Southampton	£1,262,500	4
SO16 7HZ	Hadrian Way	Southampton	£1,081,666	3
SO16 7HE	Roman Road	Southampton	£1,050,000	4
SO16 7HR	Julian Close	Southampton	£964,166	3
SO16 7FJ	Ardnave Crescent	Southampton	£872,666	3
SO16 7JH	Chilworth Drove	Southampton	£862,500	6
SO16 7GN	Bassett Heath Avenue	Southampton	£821,250	4

Least Expensive Streets in SO16 (Southampton)

Postcode	Street	Area	Average	No. of Sales
SO16 7NT	Chestnut Lodge, Sherwood Close	Southampton	£93,763	18
SO16 6TZ	Winchester Road	Southampton	£98,833	3
SO16 4RP	Park Street	Southampton	£109,900	5
SO16 9AA	Green Park Road	Southampton	£114,000	3
SO16 4FA	Oakley Road	Southampton	£115,333	15
SO16 9LT	Kendal Avenue	Southampton	£117,250	4
SO16 9AX	Cuckmere Lane	Southampton	£118,800	5
SO16 4HH	Oakley Road	Southampton	£119,537	12
SO16 5AL	Boundary Court, Rownhams Road	Southampton	£119,625	4
SO16 6DE	Oakfield Gardens	Southampton	£123,375	6