Bursledon House Prices Bursledon House Prices

The average house price in Bursledon is £242,333 using HM Land Registry data.

The average property price increased by £91,795 (27.47%) over the last 5 years and increased by £18,346 (4.5%) over the last 12 months.

Over the last year, there were 73 residential property sales – a decrease of 58 transactions (-79.45%) relative to the previous year. The majority of house sales (23) were in the £284,000 - £368,000 range. Then came properties in the £200,000 - £284,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,805 (-2%).

In April 2024, there were 29 new estate agency instructions, 16 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in Bursledon

27.47%

Property prices in Bursledon increased by 27.47% 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 Bursledon Over the Last Year

4.5%

Property prices in Bursledon increased by 4.5% 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 Bursledon - 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 Bursledon

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 Bursledon

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 Bursledon

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 Bursledon since 1995

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

Recent Property Sales in Bursledon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Wheelers Meadow, Bursledon, Southampton, Hampshire, SO31 8JQ£650,000£630,000-£20,00012 Jun 202310 Nov 2023151 Days
Haselmere, Hamble Lane, Bursledon, Southampton, Hampshire, SO31 8DR£320,000£287,000-£33,00009 May 202302 Oct 2023146 Days
117 Woodlands Way, Bursledon, Southampton, Hampshire, SO31 8LG£375,000£375,000£0007 Apr 202313 Jul 202397 Days
47 Reeves Way, Bursledon, Southampton, Hampshire, SO31 8FU£340,000£340,000£0023 Jan 202326 Jun 2023154 Days
13 Griffon Close, Bursledon, Southampton, Hampshire, SO31 8HA£140,000£120,000-£20,00023 Nov 202225 May 2023183 Days
Laurel Cottage, Lowford Hill, Bursledon, Southampton, Hampshire, SO31 8ER£350,000£315,000-£35,00003 Oct 202217 Mar 2023165 Days
13 Kingsfield Gardens, Bursledon, Southampton, Hampshire, SO31 8AY£480,000£475,000-£5,00025 Nov 202217 Mar 2023112 Days
20 Estridge Close, Bursledon, Southampton, Hampshire, SO31 8FN£305,000£305,000£0001 Aug 202214 Mar 2023225 Days
6 Manor Crescent, Bursledon, Southampton, Hampshire, SO31 8DQ£525,000£508,000-£17,00007 Sep 202223 Jan 2023138 Days
7 Cummins Green, Bursledon, Southampton, Hampshire, SO31 8FX£300,000£285,000-£15,00020 May 202219 Dec 2022213 Days
2a, Reeves Way, Bursledon, Southampton, Hampshire, SO31 8FW£370,000£367,500-£2,50028 Apr 202202 Dec 2022218 Days
Coach House, Brownhill, Salterns Lane, Bursledon, Southampton, Hampshire, SO31 8DH£1,375,000£1,350,000-£25,00012 Aug 202218 Nov 202298 Days
14 Windmill Lane, Bursledon, Southampton, Hampshire, SO31 8BE£330,000£320,000-£10,00031 May 202216 Nov 2022169 Days
Crableck, High Street, Bursledon, Southampton, Hampshire, SO31 8DJ£1,150,000£1,100,000-£50,00019 Aug 202228 Oct 202270 Days
Amokura House, Bridge Road, Bursledon, Southampton, Hampshire, SO31 8AL£750,000£705,140-£44,86009 Apr 202226 Sep 2022170 Days
4 Mallards Road, Bursledon, Southampton, Hampshire, SO31 8EJ£270,000£270,000£0028 Apr 202221 Sep 2022146 Days
Glebe House, Church Lane, Bursledon, Southampton, Hampshire, SO31 8AD£895,000£895,000£0014 Mar 202225 Aug 2022164 Days
18 Estridge Close, Bursledon, Southampton, Hampshire, SO31 8FN£325,000£325,000£0004 Apr 202222 Aug 2022140 Days
Merrie Meade, Green Lane, Bursledon, Southampton, Hampshire, SO31 8EZ£450,000£435,000-£15,00008 Jun 202219 Aug 202272 Days
Rosedale, Hungerford, Bursledon, Southampton, Hampshire, SO31 8DF£1,050,000£1,048,000-£2,00016 Mar 202214 Jul 2022120 Days

Most Expensive Streets in Bursledon

PostcodeStreetAreaAverageNo. of Sales
SO31 8DHSalterns LaneBursledon£1,642,0005
SO31 8DLHigh StreetBursledon£1,215,0004
SO31 8DJHigh StreetBursledon£905,0003
SO31 8BWSchool RoadBursledon£730,7504
SO31 8DEHungerfordBursledon£688,3333
SO31 8DFHungerfordBursledon£687,0004
SO31 8ADChurch LaneBursledon£659,0665
SO31 8AEHill PlaceBursledon£655,2504
SO31 8AAStation RoadBursledon£638,7504
SO31 8GSRedcroft LaneBursledon£596,2504

Least Expensive Streets in Bursledon

PostcodeStreetAreaAverageNo. of Sales
SO31 8GWCambrian CloseBursledon£129,6005
SO31 8JSPound RoadBursledon£138,1666
SO31 8GYHumber GardensBursledon£159,6663
SO31 8GTLancaster CloseBursledon£183,9258
SO31 8GUDiligence CloseBursledon£194,23315
SO31 8GXPhoenix CloseBursledon£195,8005
SO31 8HAGriffon CloseBursledon£196,1205
SO31 8JRProvidence HillBursledon£201,77211
SO31 8LACedar CloseBursledon£209,0003
SO31 8HNLionheart WayBursledon£209,4005

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