Rownhams and Nursling House Prices Rownhams and Nursling House Prices

The average house price in Rownhams and Nursling is £335,750 using HM Land Registry data.

The average property price increased by £161,925 (49.32%) over the last 5 years and increased by £32,362 (7.07%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 71 transactions (-126.79%) relative to the previous year. The majority of house sales (15) were in the £352,000 - £428,000 range. Then came properties in the £276,000 - £352,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,271 (-2%).

In April 2024, there were 18 new estate agency instructions, 8 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Rownhams and Nursling

49.32%

Property prices in Rownhams and Nursling increased by 49.32% 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 Rownhams and Nursling Over the Last Year

7.07%

Property prices in Rownhams and Nursling increased by 7.07% 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 Rownhams and Nursling - 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 Rownhams and Nursling

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 Rownhams and Nursling

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 Rownhams and Nursling

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 Rownhams and Nursling since 1995

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

Recent Property Sales in Rownhams and Nursling

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Hillyfields, Nursling, Southampton, Hampshire, SO16 0XP£285,000£285,000£0003 Mar 202318 Mar 2024381 Days
8 Rownhams Close, Rownhams, Southampton, Hampshire, SO16 8AF£650,000£635,000-£15,00023 Aug 202312 Mar 2024202 Days
9 Beacon Close, Rownhams, Southampton, Hampshire, SO16 8JR£180,000£165,000-£15,00011 Jul 202315 Dec 2023157 Days
1 Lakeside Avenue, Rownhams, Southampton, Hampshire, SO16 8DP£360,000£352,000-£8,00008 Sep 202311 Dec 202394 Days
3 Rownhams Close, Rownhams, Southampton, Hampshire, SO16 8AF£550,000£525,000-£25,00014 Jun 202301 Dec 2023170 Days
6 Shepherds Way, Nursling, Southampton, Hampshire, SO16 0TJ£475,000£465,000-£10,00004 Apr 202315 Nov 2023225 Days
7 Mossleigh Avenue, Rownhams, Southampton, Hampshire, SO16 8FU£425,000£420,000-£5,00024 Mar 202306 Oct 2023196 Days
42 Upton Crescent, Nursling, Southampton, Hampshire, SO16 8AB£525,000£510,000-£15,00011 Apr 202304 Oct 2023176 Days
Oak Haven, Rownhams Lane, Rownhams, Southampton, Hampshire, SO16 8AR£775,000£725,000-£50,00031 Mar 202301 Sep 2023154 Days
16 Emmett Road, Rownhams, Southampton, Hampshire, SO16 8JB£400,000£400,000£0024 Mar 202329 Aug 2023158 Days
22 Beacon Close, Rownhams, Southampton, Hampshire, SO16 8JR£150,000£125,000-£25,00025 Jan 202321 Aug 2023208 Days
11 Horns Drove, Rownhams, Southampton, Hampshire, SO16 8AH£400,000£372,500-£27,50023 Dec 202203 Aug 2023223 Days
45 Lakeside Avenue, Rownhams, Southampton, Hampshire, SO16 8DP£340,000£335,000-£5,00020 Apr 202328 Jul 202399 Days
2 Bakers Drove, Rownhams, Southampton, Hampshire, SO16 8AD£625,000£600,000-£25,00025 Apr 202330 Jun 202366 Days
71 Nutshalling Avenue, Rownhams, Southampton, Hampshire, SO16 8AY£500,000£470,000-£30,00006 Sep 202223 Jun 2023290 Days
18 Hillyfields, Nursling, Southampton, Hampshire, SO16 0XQ£330,000£310,000-£20,00006 Mar 202320 Jun 2023106 Days
3 Watley Close, Nursling, Southampton, Hampshire, SO16 0TB£625,000£610,000-£15,00023 Dec 202211 May 2023139 Days
11 Jeffries Close, Rownhams, Southampton, Hampshire, SO16 8DS£489,800£485,000-£4,80001 Nov 202211 May 2023191 Days
23 Hazeldown Road, Rownhams, Southampton, SO16 8DJ£325,000£320,000-£5,00001 Sep 202203 Mar 2023183 Days
2 Home Field Drive, Nursling, Southampton, Hampshire, SO16 0TH£495,000£480,000-£15,00002 Dec 202201 Mar 202389 Days

Most Expensive Streets in Rownhams and Nursling

PostcodeStreetAreaAverageNo. of Sales
SO16 8LEBetteridge DriveRownhams£610,9983
SO16 8APRownhams LaneRownhams£602,1427
SO16 0TLBlake CloseNursling£567,0004
SO16 8AHHorns DroveRownhams£562,5007
SO16 8AFRownhams CloseRownhams£560,0003
SO16 0TAChambers CloseNursling£550,0004
SO16 8AJThe GreenRownhams£528,6586
SO16 8LZHarrison WayRownhams£520,66228
SO16 8AERownhams WayRownhams£519,2504
SO16 8LHHurricane DriveRownhams£509,1586

Least Expensive Streets in Rownhams and Nursling

PostcodeStreetAreaAverageNo. of Sales
SO16 8DZRosebank LodgeRownhams£146,0003
SO16 0AYCarrion CourtConager Close£151,2505
SO16 0BNMerrygrove WayNursling£178,4374
SO16 0XBWinfrith WayNursling£186,6663
SO16 8JRBeacon CloseRownhams£212,4005
SO16 8JNNutfield RoadRownhams£215,3005
SO16 8JSGreenwood AvenueRownhams£226,0004
SO16 0YFDanebury WayNursling£237,5003
SO16 8LJBarker Mill CloseRownhams£238,2374
SO16 0XQHillyfieldsNursling£261,3333

Explore Rownhams and Nursling and Neighbouring Area House Prices