Winchester House Prices Winchester House Prices

The average house price in Winchester is £630,939 using HM Land Registry data.

The average property price increased by £108,100 (19.08%) over the last 5 years and increased by £21,605 (3.31%) over the last 12 months.

Over the last year, there were 449 residential property sales – a decrease of 276 transactions (-61.47%) relative to the previous year. The majority of house sales (117) were in the £260,000 - £434,000 range. Then came properties in the £608,000 - £782,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,966 (-2%).

In April 2024, there were 140 new estate agency instructions, 78 agreed home sales and 66 property price reductions.

5-Year Average Property Prices in Winchester

19.08%

Property prices in Winchester increased by 19.08% 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 Winchester Over the Last Year

3.31%

Property prices in Winchester increased by 3.31% 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 Winchester - 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 Winchester

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 Winchester

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 Winchester

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 Winchester since 1995

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

Recent Property Sales in Winchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Abbey Hill Road, Winchester, Hampshire, SO23 7AT£985,000£965,000-£20,00020 Oct 202308 Mar 2024140 Days
Flat 5, Avlan Court, St Cross Road, Winchester, Hampshire, SO23 9RD£355,000£340,500-£14,50004 Oct 202329 Feb 2024148 Days
6 Harvest Close, Winchester, Hampshire, SO22 4DW£540,000£540,000£0003 Jul 202328 Feb 2024240 Days
44 Hyde Abbey Road, Winchester, Hampshire, SO23 7DA£550,000£529,448-£20,55204 Oct 202319 Feb 2024138 Days
81 May Tree Close, Winchester, Hampshire, SO22 4JF£370,000£350,000-£20,00024 Nov 202319 Feb 202487 Days
76 Brassey Road, Fulflood, Winchester, Hampshire, SO22 6SA£650,000£650,000£0012 Sep 202309 Feb 2024150 Days
75 Old Kennels Lane, Winchester, Hampshire, SO22 4JT£690,000£690,000£0016 Jan 202406 Feb 202421 Days
121 Upper Brook Street, Winchester, Hampshire, SO23 8DG£499,950£480,000-£19,95004 Oct 202326 Jan 2024114 Days
24 Rooks Down Road, Winchester, Hampshire, SO22 4LT£650,000£625,000-£25,00014 Aug 202320 Dec 2023128 Days
4 Wordsworth Close, Winchester, Hampshire, SO22 5BY£480,000£470,000-£10,00026 Oct 202319 Dec 202354 Days
25 Portal Road, Winchester, Hampshire, SO23 0PX£290,000£269,999-£20,00124 Aug 202315 Dec 2023113 Days
63 Greenhill Road, Winchester, Hampshire, SO22 5EA£685,000£645,000-£40,00027 Jun 202314 Dec 2023170 Days
96 Greenhill Road, Winchester, Hampshire, SO22 5DX£950,000£892,500-£57,50014 Jun 202314 Dec 2023183 Days
32 Edgar Road, Winchester, Hampshire, SO23 9TN£700,000£700,000£0030 Aug 202311 Dec 2023103 Days
16 Canute Road, Winchester, Hampshire, SO23 0PW£625,000£624,500-£50010 Oct 202311 Dec 202362 Days
55a, Old Kennels Lane, Winchester, Hampshire, SO22 4JS£750,000£725,000-£25,00024 May 202304 Dec 2023194 Days
9 Crouchers Croft, Winchester, Hampshire, SO22 5NX£850,000£840,000-£10,00028 Apr 202304 Dec 2023220 Days
36 St Cross Road, Winchester, Hampshire, SO23 9PR£2,250,000£2,250,000£0003 Jul 202301 Dec 2023151 Days
22 Hyde Abbey Road, Winchester, Hampshire, SO23 7DA£475,000£430,000-£45,00015 Mar 202330 Nov 2023260 Days
68 St Cross Road, Winchester, Hampshire, SO23 9PS£1,395,000£1,350,000-£45,00005 Jul 202329 Nov 2023147 Days

Most Expensive Streets in Winchester

PostcodeStreetAreaAverageNo. of Sales
SO22 5HPLinks RoadWinchester£2,495,0003
SO22 6AJBereweeke RoadWinchester£2,100,0003
SO22 4NBSleepers HillWinchester£1,835,8128
SO22 4WBAirlie LaneWinchester£1,801,2504
SO22 6AAPark RoadWinchester£1,758,3005
SO22 5LLDean LaneWinchester£1,736,6666
SO22 6ANPinehurst PlaceWinchester£1,670,0008
SO23 9SNSt James VillasWinchester£1,619,2593
SO23 9PRSt Cross RoadWinchester£1,616,6663
SO23 0JGQuarry RoadWinchester£1,602,1705

Least Expensive Streets in Winchester

PostcodeStreetAreaAverageNo. of Sales
SO23 7HAHomerise HouseHyde Street, Winchester£106,92814
SO22 6DLOrchard WalkWinchester£163,75012
SO22 5HGMacklin HouseRomsey Road£175,6124
SO23 8SPBilberry CourtStaple Gardens£185,0005
SO22 6DYTrussell CrescentWinchester£189,6663
SO22 6HBCanitz WayWinchester£199,0504
SO23 7ANWarwick CourtNorthlands Drive£202,0003
SO23 0LBBalfour HouseWinnall Close£205,0003
SO22 4LGElder CloseWinchester£209,4166
SO22 4SDTalavera RoadWinchester£210,7504

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