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Blackfield and Langley House Prices Blackfield and Langley House Prices

The average house price in Blackfield and Langley is £111,000 using HM Land Registry data.

The average property price increased by £82,524 (25.74%) over the last 5 years and increased by £16,493 (4.27%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 22 transactions (-56.41%) relative to the previous year. The majority of house sales (9) were in the £304,000 - £378,000 range. Then came properties in the £378,000 - £452,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,017 (-3%).

In April 2024, there were 8 new estate agency instructions, 7 agreed home sales and 5 property price reductions.

Neighbouring Areas: Holbury

Postcodes Covered: SO45

5-Year Average Property Prices in Blackfield and Langley

25.74%

Property prices in Blackfield and Langley increased by 25.74% 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 Blackfield and Langley Over the Last Year

4.27%

Property prices in Blackfield and Langley increased by 4.27% 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 Blackfield and Langley - April 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 Blackfield and Langley

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 Blackfield and Langley

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 Blackfield and Langley

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 Blackfield and Langley since 1995

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

Recent Property Sales in Blackfield and Langley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 The Fowey, Blackfield, Southampton, Hampshire, SO45 1SH£279,950£272,000-£7,95003 Aug 202331 Jan 2024181 Days
119 Hampton Lane, Blackfield, Southampton, Hampshire, SO45 1WF£250,000£240,000-£10,00002 Oct 202312 Jan 2024102 Days
1 Pavilion Gardens, Blackfield, Southampton, Hampshire, SO45 1FE£150,000£111,000-£39,00002 Dec 201507 Dec 20232927 Days
11 Forest Gate, Langley, Southampton, Hampshire, SO45 1GW£550,000£525,000-£25,00025 May 202324 Nov 2023183 Days
17 Foxhayes Lane, Langley, Southampton, Hampshire, SO45 1XX£250,000£235,000-£15,00013 Feb 202313 Oct 2023242 Days
Meadow View, Mopley, Langley, Southampton, Hampshire, SO45 1YJ£599,950£598,000-£1,95027 Apr 202311 Oct 2023167 Days
22 Norman Road, Blackfield, Southampton, Hampshire, SO45 1YF£415,000£400,000-£15,00016 May 202310 Oct 2023147 Days
5 St Francis Road, Langley, Southampton, Hampshire, SO45 1XU£350,000£335,000-£15,00006 Dec 202206 Oct 2023304 Days
Langley Cottage, Lepe Road, Langley, Southampton, Hampshire, SO45 1YT£525,000£515,000-£10,00025 Mar 202306 Oct 2023195 Days
37 Thornbury Avenue, Blackfield, Southampton, Hampshire, SO45 1YQ£329,950£320,000-£9,95027 Jun 202315 Sep 202380 Days
3 Wheelers Walk, Blackfield, Southampton, Hampshire, SO45 1WX£325,000£310,000-£15,00017 Feb 202329 Aug 2023193 Days
8 Hartsgrove Close, Blackfield, Southampton, Hampshire, SO45 1WW£425,000£417,750-£7,25010 Feb 202325 Aug 2023196 Days
23 Mopley Close, Langley, Southampton, Hampshire, SO45 1YL£399,950£399,950£0029 Mar 202318 Aug 2023142 Days
Glenariff, Thornbury Avenue, Blackfield, Southampton, Hampshire, SO45 1YP£599,950£595,000-£4,95024 Feb 202331 Jul 2023157 Days
15 Walkers Lane South, Blackfield, Southampton, Hampshire, SO45 1YN£535,000£530,000-£5,00011 Feb 202326 Jul 2023165 Days
4 Fields Close, Blackfield, Southampton, Hampshire, SO45 1XT£400,000£400,000£0023 Jun 202325 Jul 202332 Days
Kynance, Fawley Road, Fawley, Southampton, Hampshire, SO45 2NB£400,000£392,000-£8,00020 Mar 202330 Jun 2023102 Days
Field View, Blackfield Road, Fawley, Southampton, Hampshire, SO45 1EH£585,000£560,000-£25,00019 Oct 202214 Jun 2023238 Days
18 Foresters Gate, Langley, Southampton, Hampshire, SO45 1SP£599,500£588,000-£11,50016 Jan 202307 Jun 2023142 Days
Beau Geste, Green Lane, Blackfield, Southampton, Hampshire, SO45 1YG£595,000£550,000-£45,00006 Jan 202319 May 2023133 Days

Most Expensive Streets in Blackfield and Langley

PostcodeStreetAreaAverageNo. of Sales
SO45 1YTLepe RoadLangley£611,6663
SO45 1XLWest CommonLangley£593,3333
SO45 1EHBlackfield RoadFawley£505,8336
SO45 1XEExbury RoadBlackfield£505,0003
SO45 1YJMopleyLangley£490,5805
SO45 1YXChapel LaneLangley£470,6258
SO45 1YGGreen LaneBlackfield£458,0005
SO45 1GWForest GateLangley£449,0836
SO45 1YNWalkers Lane SouthBlackfield£440,5005
SO45 1WANew RoadBlackfield£430,0003

Least Expensive Streets in Blackfield and Langley

PostcodeStreetAreaAverageNo. of Sales
SO45 1XWWilverley PlaceBlackfield£248,1287
SO45 1DQPendleton GardensBlackfield£248,1663
SO45 1XAHampton LaneBlackfield£251,2504
SO45 1ELHeather RoadFawley£254,6574
SO45 1WLHampton LaneBlackfield£262,1663
SO45 1WHNewlands CloseBlackfield£267,3333
SO45 1YAWalkers Lane NorthBlackfield£271,7914
SO45 1WSHolly RoadBlackfield£273,1877
SO45 1ZZCedric CloseBlackfield£276,9166
SO45 1WXWheelers WalkBlackfield£282,2504

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