Marchwood House Prices Marchwood House Prices

The average house price in Marchwood is £330,750 using HM Land Registry data.

The average property price increased by £79,226 (28.95%) over the last 5 years and increased by £15,834 (4.7%) over the last 12 months.

Over the last year, there were 61 residential property sales – a decrease of 35 transactions (-57.38%) relative to the previous year. The majority of house sales (13) were in the £190,000 - £256,000 range. Then came properties in the £322,000 - £388,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,689 (-2%).

In April 2024, there were 15 new estate agency instructions, 9 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Marchwood

28.95%

Property prices in Marchwood increased by 28.95% 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 Marchwood Over the Last Year

4.7%

Property prices in Marchwood increased by 4.7% 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 Marchwood - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Marchwood

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 Marchwood

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 Marchwood

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 Marchwood since 1995

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

Recent Property Sales in Marchwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Maritime Avenue, Marchwood, Southampton, Hampshire, SO40 4AN£489,950£475,000-£14,95003 Aug 202326 Feb 2024207 Days
81 Tides Way, Marchwood, Southampton, Hampshire, SO40 4LE£215,000£205,000-£10,00014 Sep 202305 Feb 2024144 Days
16 Kingswood, Marchwood, Southampton, Hampshire, SO40 4YQ£550,000£530,000-£20,00030 Aug 202315 Jan 2024138 Days
5 Lakeland Gardens, Marchwood, Southampton, Hampshire, SO40 4XG£540,000£530,000-£10,00020 Jan 202306 Dec 2023320 Days
41 Old Magazine Close, Marchwood, Southampton, Hampshire, SO40 4SD£455,000£440,000-£15,00021 Apr 202306 Dec 2023229 Days
35 Rosewood Gardens, Marchwood, Southampton, Hampshire, SO40 4YX£150,000£150,000£0017 Jul 202301 Dec 2023137 Days
31 Bilberry Drive, Marchwood, Southampton, Hampshire, SO40 4YR£490,000£480,000-£10,00020 Aug 202324 Nov 202396 Days
17 Portside Close, Marchwood, Southampton, Hampshire, SO40 4AL£270,000£270,000£0018 Jul 202322 Nov 2023127 Days
17 Tides Way, Marchwood, Southampton, Hampshire, SO40 4LE£239,950£230,000-£9,95017 Jul 202317 Nov 2023123 Days
109 Tides Way, Marchwood, Southampton, Hampshire, SO40 4LE£325,000£322,500-£2,50012 Jan 202310 Nov 2023302 Days
1 St Johns Drive, Marchwood, Southampton, Hampshire, SO40 4XF£295,000£293,000-£2,00011 Apr 202329 Sep 2023171 Days
49 Kingfisher Way, Marchwood, Southampton, Hampshire, SO40 4XS£525,000£492,500-£32,50025 Jan 202322 Sep 2023240 Days
114 Africa Drive, Marchwood, Southampton, Hampshire, SO40 4WG£175,000£169,000-£6,00006 Dec 202218 Sep 2023286 Days
4 Philpott Drive, Marchwood, Southampton, Hampshire, SO40 4XZ£400,000£400,000£0016 Mar 202315 Sep 2023183 Days
19 Philpott Drive, Marchwood, Southampton, Hampshire, SO40 4XZ£375,000£370,000-£5,00010 Feb 202312 Sep 2023214 Days
18 Quayside Walk, Marchwood, Southampton, Hampshire, SO40 4AH£269,950£262,500-£7,45005 May 202325 Aug 2023112 Days
5 Park Close, Marchwood, Southampton, Hampshire, SO40 4PD£450,000£450,000£0018 Apr 202325 Aug 2023129 Days
15 Woodpecker Drive, Marchwood, Southampton, Hampshire, SO40 4XQ£335,000£335,000£0022 Mar 202315 Aug 2023146 Days
The Forge, Main Road, Marchwood, Southampton, Hampshire, SO40 4US£225,000£210,000-£15,00018 Feb 202321 Jul 2023153 Days
47 Tides Way, Marchwood, Southampton, Hampshire, SO40 4LE£200,000£195,000-£5,00021 Apr 202321 Jul 202391 Days

Most Expensive Streets in Marchwood

PostcodeStreetAreaAverageNo. of Sales
SO40 4XGLakeland GardensMarchwood£505,0003
SO40 4WHTavells LaneMarchwood£485,0003
SO40 4WLPark LaneMarchwood£479,5004
SO40 4XLKestrel CloseMarchwood£475,0004
SO40 4XSKingfisher WayMarchwood£448,95010
SO40 4XHPoplar DriveMarchwood£433,1005
SO40 4SDOld Magazine CloseMarchwood£426,8889
SO40 4WTHythe RoadMarchwood£426,6663
SO40 4YWThe RowansMarchwood£414,5833
SO40 4WRLong LaneMarchwood£414,3748

Least Expensive Streets in Marchwood

PostcodeStreetAreaAverageNo. of Sales
SO40 4YPDapple PlaceMarchwood£130,8333
SO40 4SXVillage MewsMarchwood£157,66612
SO40 4WFAfrica DriveMarchwood£180,3688
SO40 4SYShell CourtMarchwood£183,8705
SO40 4WGAfrica DriveMarchwood£189,0005
SO40 4ADFrobisher CourtMaritime Avenue£190,7504
SO40 4SSPebble CourtMarchwood£191,7504
SO40 4YXRosewood GardensMarchwood£193,00012
SO40 4XUEvergreen CloseMarchwood£196,67313
SO40 4LETides WayMarchwood£211,74512

Explore Marchwood and Neighbouring Area House Prices