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Horndean House Prices Horndean House Prices

The average house price in Horndean is £404,961 using HM Land Registry data.

The average property price increased by £99,203 (32.49%) over the last 5 years and increased by £19,827 (5.15%) over the last 12 months.

Over the last year, there were 323 residential property sales – a decrease of 200 transactions (-61.92%) relative to the previous year. The majority of house sales (75) were in the £286,000 - £352,000 range. Then came properties in the £352,000 - £418,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,573 (-2%).

In April 2024, there were 91 new estate agency instructions, 58 agreed home sales and 50 property price reductions.

Neighbouring Areas: Waterlooville

Postcodes Covered: PO7, PO8

5-Year Average Property Prices in Horndean

32.49%

Property prices in Horndean increased by 32.49% 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 Horndean Over the Last Year

5.15%

Property prices in Horndean increased by 5.15% 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 Horndean - 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 Horndean

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 Horndean

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 Horndean

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 Horndean since 1995

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

Recent Property Sales in Horndean

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Hamilton Close, Waterlooville, Hampshire, PO8 9GZ£325,000£312,000-£13,00025 Oct 202327 Feb 2024125 Days
50 Lovedean Lane, Waterlooville, Hampshire, PO8 8HR£350,000£337,950-£12,05027 Sep 202316 Feb 2024142 Days
72 Oaklands Grove, Waterlooville, Hampshire, PO8 8SL£320,000£312,500-£7,50025 Sep 202315 Feb 2024143 Days
2 Chepstow Court, Waterlooville, Hampshire, PO7 8NH£210,000£205,000-£5,00021 Aug 202309 Feb 2024172 Days
Flat 43, Rosecott, Havant Road, Horndean, Waterlooville, Hampshire, PO8 0XA£135,000£135,000£0003 Jul 202308 Feb 2024220 Days
3 Roselands, Lovedean, Waterlooville, Hampshire, PO8 9QZ£300,000£290,000-£10,00030 Aug 202306 Feb 2024160 Days
10 Pump Lane, Waterlooville, Hampshire, PO8 9TS£375,000£370,000-£5,00013 Jul 202319 Jan 2024190 Days
166 Cherry Tree Avenue, Cowplain, Waterlooville, Hampshire, PO8 8AX£328,000£160,000-£168,00004 Jun 201916 Jan 20241687 Days
85 Portsmouth Road, Horndean, Waterlooville, Hampshire, PO8 9LH£700,000£670,000-£30,00031 Aug 202315 Jan 2024137 Days
64 Oaklands Grove, Waterlooville, Hampshire, PO8 8SL£325,000£310,000-£15,00002 Aug 202312 Jan 2024163 Days
86 Silvester Road, Cowplain, Waterlooville, Hampshire, PO8 8TS£680,000£645,000-£35,00021 Mar 202302 Jan 2024287 Days
155 Portsmouth Road, Horndean, Waterlooville, Hampshire, PO8 9LG£1,000,000£925,000-£75,00021 Apr 202315 Dec 2023238 Days
17 Oasthouse Drive, Horndean, Waterlooville, Hampshire, PO8 0UG£240,000£222,000-£18,00020 Jun 201814 Dec 20232003 Days
11 Acre Lane, Waterlooville, Hampshire, PO7 8RJ£279,996£279,995-£0124 May 202312 Dec 2023202 Days
9 Keydell Close, Waterlooville, Hampshire, PO8 9TB£375,000£370,000-£5,00001 Aug 202308 Dec 2023129 Days
284 Milton Road, Cowplain, Waterlooville, Hampshire, PO8 8JP£300,000£300,000£0014 Jul 202301 Dec 2023140 Days
211 Greenfield Crescent, Waterlooville, Hampshire, PO8 9ET£325,000£325,000£0024 May 202330 Nov 2023190 Days
109 Merchistoun Road, Waterlooville, Hampshire, PO8 9NQ£450,000£450,000£0021 Mar 202324 Nov 2023248 Days
70 North Road, Waterlooville, Hampshire, PO8 0ED£450,000£415,000-£35,00009 Aug 202222 Nov 2023470 Days
176 Lovedean Lane, Waterlooville, Hampshire, PO8 9SF£425,000£420,000-£5,00009 Dec 202217 Nov 2023343 Days

Most Expensive Streets in Horndean

PostcodeStreetAreaAverageNo. of Sales
PO8 9RDFrogmore LaneWaterlooville£771,6663
PO8 0ETSouthdown RoadHorndean£741,9005
PO8 0NTSunderton LaneWaterlooville£716,7504
PO8 9NZFive Heads RoadHorndean£635,0003
PO8 0DBHavant RoadHorndean£630,8336
PO8 9LHPortsmouth RoadHorndean£596,0005
PO8 0DGChurch PathHorndean£593,3333
PO8 9RNLovedean LaneWaterlooville£590,0004
PO8 0NUSunderton LaneWaterlooville£577,6505
PO8 9TRWoodland ViewWaterlooville£566,4995

Least Expensive Streets in Horndean

PostcodeStreetAreaAverageNo. of Sales
PO8 8NGThames CourtCrombie Close£84,6663
PO8 8NEAvon CourtCrombie Close£91,0754
PO8 8NQHamble CourtCrombie Close£96,1656
PO8 8HDHolman CloseWaterlooville£122,30010
PO8 0XARosecottHavant Road£150,59316
PO8 8AWPadnell RoadWaterlooville£159,1666
PO8 8QTHemlock RoadWaterlooville£161,0003
PO8 8QEMadocks WayWaterlooville£161,7503
PO8 8DYPadnell AvenueWaterlooville£168,3333
PO8 0PGValley Park DriveWaterlooville£173,3333

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