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Eastleigh House Prices Eastleigh House Prices

The average house price in Eastleigh is £283,777 using HM Land Registry data.

The average property price increased by £39,619 (13.47%) over the last 5 years and increased by £7,918 (2.43%) over the last 12 months.

Over the last year, there were 519 residential property sales – a decrease of 271 transactions (-52.22%) relative to the previous year. The majority of house sales (144) were in the £282,000 - £338,000 range. Then came properties in the £226,000 - £282,000 range, where 88 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 £-16,509 (-3%).

In April 2024, there were 106 new estate agency instructions, 74 agreed home sales and 51 property price reductions.

Neighbouring Areas: Chandler's Ford, Southampton

Postcodes Covered: SO21, SO50, SO53

5-Year Average Property Prices in Eastleigh

13.47%

Property prices in Eastleigh increased by 13.47% 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 Eastleigh Over the Last Year

2.43%

Property prices in Eastleigh increased by 2.43% 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 Eastleigh - 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 Eastleigh

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 Eastleigh

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 Eastleigh

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 Eastleigh since 1995

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

Recent Property Sales in Eastleigh

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Summerlands Road, Fair Oak, Eastleigh, Hampshire, SO50 7AU£325,000£315,000-£10,00023 Aug 202308 Mar 2024198 Days
133 Nutbeem Road, Eastleigh, Hampshire, SO50 5JS£300,000£299,000-£1,00012 Oct 202305 Mar 2024145 Days
8 Heather Chase, Bishopstoke, Eastleigh, Hampshire, SO50 8JT£350,000£348,000-£2,00005 Oct 202326 Feb 2024144 Days
10 Park Way, Fair Oak, Eastleigh, Hampshire, SO50 7GY£280,000£280,000£0031 Aug 202309 Feb 2024162 Days
50 Mottisfont Road, Eastleigh, Hampshire, SO50 4PN£315,000£310,000-£5,00031 Oct 202302 Feb 202494 Days
Flat 14, Fairholme Court, Archers Road, Eastleigh, Hampshire, SO50 9PP£180,000£180,000£0031 Jul 202301 Feb 2024185 Days
68 Hoddinott Road, Eastleigh, Hampshire, SO50 5SN£175,000£175,000£0009 Jun 202331 Jan 2024236 Days
52 Edward Avenue, Bishopstoke, Eastleigh, Hampshire, SO50 6EF£365,000£360,000-£5,00024 May 202326 Jan 2024247 Days
5 The Heathers, Eastleigh, Hampshire, SO50 5JZ£385,000£376,000-£9,00015 Sep 202311 Jan 2024118 Days
22 Grantham Road, Eastleigh, Hampshire, SO50 5HJ£250,000£240,000-£10,00021 Jul 202315 Dec 2023147 Days
16 Woodpecker Way, Eastleigh, Hampshire, SO50 9LF£340,000£325,000-£15,00029 Jun 202313 Dec 2023167 Days
7 Weston Road, Eastleigh, Hampshire, SO50 9AS£270,000£270,000£0002 Oct 202308 Dec 202367 Days
14 Chartwell Close, Boyatt Wood, Eastleigh, Hampshire, SO50 4PZ£600,000£588,000-£12,00013 Jul 202330 Nov 2023140 Days
209 Chestnut Avenue, Eastleigh, Hampshire, SO50 5BU£285,000£280,000-£5,00009 Jun 202321 Nov 2023165 Days
9 Passfield Close, Eastleigh, Hampshire, SO50 9NG£270,000£250,000-£20,00001 Aug 202317 Nov 2023108 Days
40 Chestnut Avenue, Eastleigh, Hampshire, SO50 5AH£250,000£230,000-£20,00021 Jun 202313 Nov 2023145 Days
77 New Road, Eastleigh, Hampshire, SO50 8EN£275,000£267,000-£8,00020 Apr 202310 Nov 2023204 Days
5 Winston Close, Eastleigh, Hampshire, SO50 4NS£280,000£280,000£0030 Aug 202308 Nov 202370 Days
162 Chamberlayne Road, Eastleigh, Hampshire, SO50 5HY£285,000£270,000-£15,00012 Jun 202327 Oct 2023137 Days
Belle Isle, Winchester Road, Fair Oak, Eastleigh, Hampshire, SO50 7GU£300,000£300,000£0014 Jun 202326 Oct 2023134 Days

Most Expensive Streets in Eastleigh

PostcodeStreetAreaAverageNo. of Sales
SO50 7HDWinchester RoadFair Oak£933,1505
SO21 2HXChapel LaneOtterbourne£823,3333
SO21 2HYPark LaneOtterbourne£781,2504
SO50 7QWChestnut DriveFair Oak£718,0005
SO50 7GQWinchester RoadFair Oak£651,0003
SO50 7HAWinchester RoadFair Oak£641,6666
SO50 6HPTwynam WayEastleigh£611,2506
SO50 4PZChartwell CloseBoyatt Wood£609,9413
SO50 4LSPitmore RoadEastleigh£591,2504
SO50 4LTPitmore RoadAllbrook£574,3333

Least Expensive Streets in Eastleigh

PostcodeStreetAreaAverageNo. of Sales
SO50 9TAElizabeth CourtThe Crescent£78,00010
SO50 8JQPrince William CourtItchen Avenue£111,6663
SO50 4NDByron RoadEastleigh£116,6663
SO50 9SGJudd CloseEastleigh£117,5006
SO50 9EQLeigh RoadEastleigh£122,3333
SO50 7NESt Thomas CourtStubbington Way£131,6663
SO50 7ALOakdene GardensFair Oak Road£132,2779
SO50 4NBStratford PlaceEastleigh£137,8005
SO50 7PGMill CourtMortimers Lane£146,89720
SO50 4BXAlexander SquareEastleigh£146,92313

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