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South Hayling House Prices South Hayling House Prices

The average house price in South Hayling is £312,593 using HM Land Registry data.

The average property price increased by £101,956 (31.58%) over the last 5 years and increased by £20,377 (5.04%) over the last 12 months.

Over the last year, there were 197 residential property sales – a decrease of 98 transactions (-49.75%) relative to the previous year. The majority of house sales (46) were in the £342,000 - £438,000 range. Then came properties in the £246,000 - £342,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,581 (-2%).

In April 2024, there were 64 new estate agency instructions, 25 agreed home sales and 55 property price reductions.

Postcodes Covered: PO11

5-Year Average Property Prices in South Hayling

31.58%

Property prices in South Hayling increased by 31.58% 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 South Hayling Over the Last Year

5.04%

Property prices in South Hayling increased by 5.04% 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 South Hayling - 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 South Hayling

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 South Hayling

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 South Hayling

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 South Hayling since 1995

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

Recent Property Sales in South Hayling

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
90 Rails Lane, Hayling Island, Hampshire, PO11 9LP£475,000£462,500-£12,50019 Oct 202308 Mar 2024141 Days
8 Mengham Avenue, Hayling Island, Hampshire, PO11 9JB£350,000£336,000-£14,00021 Jun 202328 Feb 2024252 Days
Flat 15, Mengham Court, Goldring Close, Hayling Island, Hampshire, PO11 9PX£175,000£175,000£0014 Apr 202322 Feb 2024314 Days
63 Church Road, Hayling Island, Hampshire, PO11 0NR£450,000£440,000-£10,00002 Jun 202322 Feb 2024265 Days
4 South Road, Hayling Island, Hampshire, PO11 9AE£595,000£577,500-£17,50024 Aug 202321 Feb 2024181 Days
5 Bosmere Road, Hayling Island, Hampshire, PO11 9SA£360,000£345,000-£15,00006 Jul 202331 Jan 2024209 Days
4 Bound Lane, Hayling Island, Hampshire, PO11 9HU£500,000£500,000£0022 Sep 202326 Jan 2024126 Days
18 St Helens Road, Hayling Island, Hampshire, PO11 0BT£645,000£635,000-£10,00013 Mar 202325 Jan 2024318 Days
27 Sandy Beach Estate, Hayling Island, Hampshire, PO11 9RG£600,000£600,000£0002 Jun 202312 Jan 2024224 Days
5 Dances Way, Hayling Island, Hampshire, PO11 0JP£400,000£385,000-£15,00004 Apr 202304 Jan 2024275 Days
39 Rails Lane, Hayling Island, Hampshire, PO11 9LG£315,000£300,000-£15,00019 Sep 202315 Dec 202387 Days
Flat 10, Norfolk Mews, Sea Front, Hayling Island, Hampshire, PO11 0AP£110,000£110,000£0003 Aug 202315 Dec 2023134 Days
51 Oakwood Road, Hayling Island, Hampshire, PO11 9AY£295,000£275,000-£20,00013 Jul 202314 Dec 2023154 Days
6 Fishery Lane, Hayling Island, Hampshire, PO11 9NP£500,000£480,000-£20,00008 Nov 202313 Dec 202335 Days
38 West Lane, Hayling Island, Hampshire, PO11 0JL£384,995£380,000-£4,99528 Jun 202308 Dec 2023163 Days
39 Fernhurst Close, Hayling Island, Hampshire, PO11 0DT£610,000£597,500-£12,50001 Sep 202304 Dec 202394 Days
1a, Blackthorn Drive, Hayling Island, Hampshire, PO11 9PA£250,000£240,000-£10,00018 Jul 202301 Dec 2023136 Days
9 Culver Drive, Hayling Island, Hampshire, PO11 9LX£650,000£625,000-£25,00027 Apr 202324 Nov 2023211 Days
23 West Haye Road, Hayling Island, Hampshire, PO11 9RN£290,000£270,000-£20,00009 Aug 202324 Nov 2023107 Days
15 St Margarets Road, Hayling Island, Hampshire, PO11 9BP£365,000£365,000£0026 Apr 202317 Nov 2023205 Days

Most Expensive Streets in South Hayling

PostcodeStreetAreaAverageNo. of Sales
PO11 9SPWittering RoadHayling Island£991,0005
PO11 0HNNorth Shore RoadHayling Island£985,0006
PO11 0HFSt Catherines RoadHayling Island£907,5004
PO11 0HHSinah LaneHayling Island£865,6258
PO11 9PPSimmons GreenHayling Island£846,6663
PO11 9PQMarine WalkHayling Island£811,1427
PO11 9AJVictoria AvenueHayling Island£750,0004
PO11 0HJSinah LaneHayling Island£735,6666
PO11 9PHSalterns LaneHayling Island£664,8577
PO11 0EWStaunton AvenueHayling Island£640,00010

Least Expensive Streets in South Hayling

PostcodeStreetAreaAverageNo. of Sales
PO11 0APNorfolk MewsSea Front£89,4336
PO11 0EFStaunton AvenueHayling Island£97,8577
PO11 9RFWinsor CloseHayling Island£102,3333
PO11 9FJSea Grove AvenueHayling Island£116,40911
PO11 9EDElm GroveHayling Island£122,4287
PO11 9LQFairlight ChaletsSalterns Lane£135,6663
PO11 0BASea FrontHayling Island£142,61322
PO11 9ETPalmerston RoadHayling Island£148,9378
PO11 9FACreek RoadHayling Island£153,0003
PO11 9PXMengham CourtGoldring Close£158,40010

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