You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Hamble-le-Rice

Hamble-le-Rice House Prices

The average house price in Hamble-le-Rice is £0 using HM Land Registry data.

The average property price increased by £101,086 (27.19%) over the last 5 years and increased by £20,203 (4.46%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 38 transactions (-90.48%) relative to the previous year. The majority of house sales (13) were in the £262,000 - £394,000 range. Then came properties in the £130,000 - £262,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 136 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 14 new estate agency instructions, 9 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Hamble-le-Rice

27.19%

Property prices in Hamble-le-Rice increased by 27.19% 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 Hamble-le-Rice Over the Last Year

4.46%

Property prices in Hamble-le-Rice increased by 4.46% 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 Hamble-le-Rice - 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 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 Hamble-le-Rice

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 Hamble-le-Rice

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 Hamble-le-Rice

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 Hamble-le-Rice since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Hamble-le-Rice area since 1995.

Recent Property Sales in Hamble-le-Rice

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
88 Satchell Lane, Hamble, Southampton, Hampshire, SO31 4HL	£525,000	£520,000	-£5,000	25 Oct 2023	07 Mar 2024	134 Days
30 Chadwick Way, Hamble, Southampton, Hampshire, SO31 4FD	£90,000	£90,000	£00	13 Oct 2023	28 Feb 2024	138 Days
43 Satchell Lane, Hamble, Southampton, Hampshire, SO31 4HF	£550,000	£517,500	-£32,500	22 Nov 2023	16 Feb 2024	86 Days
31 Barton Drive, Hamble, Southampton, Hampshire, SO31 4RG	£330,000	£327,500	-£2,500	01 Dec 2023	13 Feb 2024	74 Days
24 Beaulieu Road, Hamble, Southampton, Hampshire, SO31 4JN	£350,000	£330,000	-£20,000	23 Jun 2023	05 Jan 2024	196 Days
9 Avro Court, Hamble, Southampton, Hampshire, SO31 4FJ	£325,000	£300,000	-£25,000	25 Apr 2023	05 Jan 2024	255 Days
90 Avro Court, Hamble, Southampton, Hampshire, SO31 4FJ	£247,000	£247,000	£00	29 Jan 2023	30 Nov 2023	305 Days
6 Yorke Way, Hamble, Southampton, Hampshire, SO31 4LP	£290,000	£285,000	-£5,000	11 Aug 2023	17 Nov 2023	98 Days
42 Yorke Way, Hamble, Southampton, Hampshire, SO31 4LQ	£375,000	£370,000	-£5,000	17 Mar 2023	13 Sep 2023	180 Days
12 Sylvan Lane, Hamble, Southampton, Hampshire, SO31 4QG	£975,000	£965,000	-£10,000	10 Jan 2023	08 Sep 2023	241 Days
17 Baron Road, Hamble, Southampton, Hampshire, SO31 4RJ	£285,000	£267,500	-£17,500	31 May 2023	25 Aug 2023	86 Days
19 Spitfire Way, Hamble, Southampton, Hampshire, SO31 4RT	£665,000	£662,000	-£3,000	28 Mar 2023	15 Aug 2023	140 Days
65 Avro Court, Hamble, Southampton, Hampshire, SO31 4FJ	£295,000	£280,000	-£15,000	09 Feb 2023	12 Jul 2023	153 Days
Flat 5, Hambleside Court, Hamble Lane, Hamble, Southampton, Hampshire, SO31 4QE	£139,950	£139,950	£00	27 Jan 2023	22 Jun 2023	146 Days
Flat 14, Hambleside Court, Hamble Lane, Hamble, Southampton, Hampshire, SO31 4QE	£129,950	£129,950	£00	30 Jan 2023	22 Jun 2023	143 Days
12 Beaulieu Road, Hamble, Southampton, Hampshire, SO31 4JN	£425,000	£415,000	-£10,000	02 Feb 2023	25 May 2023	112 Days
9 Mariners Close, Hamble, Southampton, Hampshire, SO31 4PD	£695,000	£634,000	-£61,000	22 Jun 2022	17 May 2023	329 Days
15 Hardwicke Way, Hamble, Southampton, Hampshire, SO31 4LN	£275,000	£275,000	£00	10 Jan 2023	28 Apr 2023	108 Days
Flat 12, Hambleside Court, Hamble Lane, Hamble, Southampton, Hampshire, SO31 4QE	£130,000	£125,000	-£5,000	26 Jul 2021	27 Apr 2023	640 Days
61 Chadwick Way, Hamble, Southampton, Hampshire, SO31 4FD	£165,000	£150,000	-£15,000	26 Jan 2022	24 Apr 2023	453 Days

Most Expensive Streets in Hamble-le-Rice

Postcode	Street	Area	Average	No. of Sales
SO31 4BQ	Oyster Quay	Hamble	£996,666	3
SO31 4QG	Sylvan Lane	Hamble	£925,000	6
SO31 4JE	High Street	Hamble	£888,333	3
SO31 4HL	Satchell Lane	Hamble	£869,540	14
SO31 4QP	Old Priory Close	Hamble	£687,812	8
SO31 4HG	Crowsport	Hamble	£658,333	3
SO31 4GB	Green Lane	Hamble	£645,500	5
SO31 4HP	Satchell Lane	Hamble	£625,600	5
SO31 4HF	Satchell Lane	Hamble	£610,714	7
SO31 4PA	Mercury Gardens	Hamble	£578,583	6

Least Expensive Streets in Hamble-le-Rice

Postcode	Street	Area	Average	No. of Sales
SO31 4QE	Hambleside Court	Hamble Lane	£125,740	16
SO31 4FD	Chadwick Way	Hamble	£167,163	18
SO31 4JR	Hamble Lane	Hamble	£227,375	4
SO31 4LX	Norbury Gardens	Hamble	£228,500	3
SO31 4RY	Astral Gardens	Hamble	£237,375	4
SO31 4QZ	Pegasus Close	Hamble	£239,083	6
SO31 4LH	Cliffe Avenue	Hamble	£241,921	7
SO31 4FJ	Avro Court	Hamble	£243,340	20
SO31 4LR	Chalmers Way	Hamble	£245,333	6
SO31 4LG	Westfield Close	Hamble	£250,333	3