Housing Market Analysis for PAYNES ROAD, SO15 3SH

Are you looking to understand SO15 3SH house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Southampton postcode.

For the location information and nearby amenities in the SO15 3SH area, explore the SO15 3SH Area information page.
For comprehensive crime statistics in the SO15 3SH area, explore the SO15 3SH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO15 3SH postcode area, The average prices are as follows,

Flat
- The average price is around £51,972 median price is £52,500 Standard Deviation is £21,962 with Total Sold: 62
- The Last 5 Year average price is £72,300 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 24, LAKE HOUSE PAYNES ROAD: £58,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 3, LAKE HOUSE PAYNES ROAD: £63,000 (Sold on 16 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SO15 3SH house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£59,000	£1,510	2
2022	£75,000	£2,273	1
2021	£86,000	£2,731	1
2020	£79,000	£1,943	3
2019	£72,000	£2,020	2
2017	£73,990	£1,913	5
2016	£40,000	£1,026	1
2015	£55,000	£1,747	1
2014	£43,000	£1,085	3
2013	£43,750	£1,242	2
2012	£50,000	£1,348	1
2011	£60,500	£1,532	1
2010	£64,000	£1,725	1
2009	£52,000	£1,210	1
2007	£73,500	£2,090	3
2006	£58,500	£1,634	2
2005	£70,500		1
2004	£61,475	£1,456	2
2003	£69,362	£1,716	4
2002	£59,625	£1,636	4
2001	£37,500	£926	2
2000	£31,833	£767	3
1999	£30,975	£765	2
1998	£22,333	£564	3
1997	£26,988	£706	4
1996	£25,000	£627	2
1995	£21,750	£547	4
2024	£63,000		1

All the Sales in the PAYNES ROAD, SO15 3SH

See the table below for more details on the sold house prices in the SO15 3SH, Southampton postcode.

Address	Sold Date	Price	% Change
FLAT 24, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-1990	31 Aug 2023	£58,000	84.13%
	11 Jul 1997	£31,500	First Sale
FLAT 18, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 44 Sq.mtrAge: 1983-1990	05 May 2023	£60,000	1.69%
	15 Feb 2019	£59,000	First Sale
FLAT 16, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 33 Sq.mtrAge: 1983-1990	18 Feb 2022	£75,000	74.42%
	04 Jun 2014	£43,000	-38.57%
	18 Dec 2006	£70,000	22.81%
	23 Jul 2002	£57,000	159.09%
	27 Mar 1998	£22,000	First Sale
FLAT 20, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 31.49 Sq.mtrAge: 1983-1990	22 Feb 2021	£86,000	1.18%
	09 Aug 2019	£85,000	54.55%
	07 Aug 2015	£55,000	15.79%
	17 Oct 2013	£47,500	First Sale
FLAT 17, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	25 Sep 2020	£82,000	54.72%
	15 Dec 2017	£53,000	130.43%
	05 May 1995	£23,000	First Sale
FLAT 13, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	14 Sep 2020	£88,000	60.00%
	21 Jul 2017	£55,000	First Sale
FLAT 7, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	07 Aug 2020	£67,000	42.55%
	05 May 2006	£47,000	38.24%
	06 Mar 2000	£34,000	6.25%
	30 Sep 1999	£32,000	77.78%
	20 Jan 1995	£18,000	First Sale
FLAT 21, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	28 Jul 2017	£57,000	-35.23%
	14 May 2007	£88,000	First Sale
FLAT 22, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	19 May 2017	£85,000	First Sale
FLAT 1, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	07 Apr 2017	£119,950	199.88%
	04 Jan 2016	£40,000	-33.33%
	10 Sep 2002	£59,999	122.22%
	06 Sep 1996	£27,000	First Sale
FLAT 11, LAKE HOUSE PAYNES ROADFlat, Leasehold	09 May 2014	£52,000	-9.57%
FLAT 11, LAKE HOUSE PAYNES ROADFlat, Leasehold	30 Nov 2007	£57,500	First Sale
FLAT 19, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39.22 Sq.mtrAge: 1983-1990	31 Jan 2014	£34,000	First Sale
FLAT 14, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	02 Sep 2013	£40,000	First Sale
FLAT 25, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 37.1 Sq.mtrAge: 1976-1982	06 Dec 2012	£50,000	-21.88%
	18 Mar 2010	£64,000	-14.09%
	08 Nov 2002	£74,500	First Sale
FLAT 6, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39.5 Sq.mtrAge: 1976-1982	05 Sep 2011	£60,500	-15.97%
	09 Oct 2003	£72,000	227.27%
	10 Jan 1995	£22,000	First Sale
FLAT 5, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 42.96 Sq.mtrAge: 1983-1990	27 Mar 2009	£52,000	First Sale
FLAT 10, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	04 May 2007	£75,000	212.50%
	30 May 1995	£24,000	First Sale
FLAT 4, LAKE HOUSE PAYNES ROADFlat, Leasehold	29 Jun 2005	£70,500	166.04%
FLAT 4, LAKE HOUSE PAYNES ROADFlat, Leasehold	26 Sep 1997	£26,500	First Sale
FLAT 27, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	09 Nov 2004	£73,000	165.45%
	17 Feb 2000	£27,500	First Sale
FLAT 26, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	24 Sep 2004	£49,950	-27.08%
	23 Jan 2003	£68,500	242.50%
	18 Mar 1998	£20,000	First Sale
FLAT 23, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 35.47 Sq.mtrAge: 1983-1990	28 Mar 2003	£72,000	First Sale
FLAT 2, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	28 Jan 2003	£64,950	75.54%
	19 Mar 2001	£37,000	32.38%
	09 Oct 1997	£27,950	21.52%
	06 Sep 1996	£23,000	First Sale
FLAT 9, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 37 Sq.mtrAge: 1983-1990	20 Jun 2002	£47,000	First Sale
FLAT 15, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	19 Apr 2001	£38,000	26.88%
	16 Jul 1999	£29,950	First Sale
FLAT 12, LAKE HOUSE PAYNES ROADFlat, Leasehold	28 Feb 2000	£34,000	First Sale
FLAT 8, LAKE HOUSE PAYNES ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	01 Jul 1998	£25,000	13.64%
	03 Feb 1997	£22,000	First Sale
FLAT 3, LAKE HOUSE PAYNES ROADFlat, Leasehold	16 Feb 2024	£63,000	First Sale

Check out the sold house prices near the SO15 3SH postcode. Properties currently for saleProperties currently for rent

PAYNES ROAD, SO15 3SH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO15 3SH postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SO15 3SH postcode.

Flat
- The average price is around £93,070 median price is £94,000 Standard Deviation is £69,323 with Total Sold: 1,509
- The Last 5 Year average price is £152,482 with Total Sold: 202
- The most recent sale happened at this postcode is FLAT 13, ALMOND COURT ALMOND ROAD: £122,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 10, TRINITY COURT, 127 PAYNES ROAD: £41,000 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £141,732 median price is £148,000 Standard Deviation is £69,273 with Total Sold: 1,032
- The Last 5 Year average price is £239,490 with Total Sold: 126
- The most recent sale happened at this postcode is , 29 NIGHTINGALE ROAD: £290,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 27 VICTORY ROAD: £40,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £135,939 median price is £143,000 Standard Deviation is £65,633 with Total Sold: 1,467
- The Last 5 Year average price is £232,202 with Total Sold: 184
- The most recent sale happened at this postcode is , 43 NIGHTINGALE ROAD: £290,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 46 BEECH ROAD: £38,000 (Sold on 03 Jan 1995)
Other
- The average price is around £234,415 median price is £180,000 Standard Deviation is £202,177 with Total Sold: 51
- The Last 5 Year average price is £269,047 with Total Sold: 36
- The most recent sale happened at this postcode is UNIT 2, FREEMANTLE BUSINESS CENTRE, 152 MILLBROOK ROAD EAST: £180,000 (Sold on 04 Jun 2024)
- The first recorded sale happened at this postcode is UNIT 3, FREEMANTLE BUSINESS CENTRE MILLBROOK ROAD EAST: £100,000 (Sold on 31 Jan 2014)
Detached
- The average price is around £175,627 median price is £175,000 Standard Deviation is £95,104 with Total Sold: 180
- The Last 5 Year average price is £271,730 with Total Sold: 15
- The most recent sale happened at this postcode is , 41 PARK ROAD: £273,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 4 NIGHTINGALE GROVE: £45,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,375	£3,324	12
2023	£133,355	£2,853	38
2022	£143,295	£2,939	32
2021	£132,341	£2,834	53
2020	£124,420	£2,609	25
2019	£226,079	£5,566	42
2018	£129,156	£2,655	41
2017	£119,810	£2,665	40
2016	£118,129	£2,581	56
2015	£108,869	£2,179	43
2014	£104,121	£2,124	50
2013	£98,794	£2,103	39
2012	£95,433	£1,958	30
2011	£111,387	£2,153	23
2010	£101,305	£2,115	31
2009	£106,475	£2,272	20
2008	£128,547	£2,475	46
2007	£111,935	£2,345	86
2006	£107,986	£2,309	76
2005	£107,049	£2,302	71
2004	£102,388	£2,214	59
2003	£96,452	£2,030	56
2002	£73,515	£1,673	81
2001	£58,996	£1,392	71
2000	£52,373	£1,154	85
1999	£44,086	£993	74
1998	£37,134	£830	65
1997	£35,099	£793	84
1996	£30,895	£712	41
1995	£31,465	£716	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£268,278		9
2023	£255,188	£2,901	24
2022	£262,262	£2,977	21
2021	£229,340	£2,771	25
2020	£223,743	£2,740	21
2019	£219,121	£2,642	26
2018	£226,456	£2,629	17
2017	£210,103	£2,546	29
2016	£211,138	£2,447	35
2015	£178,071	£2,224	43
2014	£173,183	£2,177	30
2013	£163,170	£1,977	33
2012	£167,393	£1,927	28
2011	£161,668	£1,910	17
2010	£159,961	£2,001	21
2009	£154,269	£1,813	24
2008	£162,532	£2,195	20
2007	£169,106	£1,987	47
2006	£154,751	£1,847	55
2005	£152,784	£2,069	38
2004	£149,970	£1,908	49
2003	£143,019	£1,604	50
2002	£122,397	£1,386	59
2001	£93,754	£1,260	29
2000	£75,881	£999	41
1999	£65,284	£813	53
1998	£56,839	£699	49
1997	£52,974	£642	58
1996	£44,145	£528	50
1995	£46,253	£604	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,821	£2,273	14
2023	£244,402	£3,089	29
2022	£260,342	£2,927	38
2021	£223,585	£2,808	37
2020	£215,968	£2,578	31
2019	£210,380	£2,408	35
2018	£210,436	£2,485	43
2017	£197,685	£2,384	36
2016	£198,003	£2,304	38
2015	£186,869	£2,205	50
2014	£170,601	£2,058	55
2013	£157,650	£1,970	44
2012	£152,168	£1,794	31
2011	£157,248	£1,893	30
2010	£152,375	£1,880	16
2009	£143,708	£1,922	40
2008	£159,477	£2,070	35
2007	£165,709	£2,040	69
2006	£152,126	£1,940	78
2005	£146,518	£1,824	54
2004	£139,858	£1,865	66
2003	£126,123	£1,524	55
2002	£110,082	£1,460	84
2001	£85,811	£1,136	69
2000	£75,972	£897	53
1999	£61,688	£789	67
1998	£55,698	£668	71
1997	£50,630	£615	80
1996	£46,525	£569	55
1995	£44,880	£661	64

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£142,833		3
2023	£184,071	£4,220	7
2022	£288,500	£3,079	5
2021	£345,267	£10,155	9
2020	£398,571		7
2019	£125,760	£1,052	5
2018	£244,167	£2,594	3
2017	£112,000	£1,358	3
2016	£161,650	£1,955	3
2015	£137,000		3
2014	£101,667	£1,040	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,000		1
2023	£310,000	£4,026	1
2022	£313,750	£3,790	4
2021	£243,993	£3,037	7
2019	£265,000	£2,746	2
2018	£309,214	£2,761	7
2017	£274,000	£2,990	2
2016	£220,583	£2,525	6
2015	£271,625	£2,199	8
2014	£214,500	£2,128	2
2013	£186,417	£2,171	3
2012	£189,400	£1,857	5
2011	£186,600	£2,261	5
2010	£179,000	£1,946	4
2009	£208,750	£1,791	4
2008	£211,180	£2,250	5
2007	£226,295	£2,332	10
2006	£218,550	£2,056	9
2005	£194,429	£2,289	7
2004	£214,950	£1,860	10
2003	£156,507	£1,504	15
2002	£152,814	£1,503	11
2001	£103,862	£1,228	4
2000	£97,304	£1,056	13
1999	£115,030	£1,309	7
1998	£59,078	£694	9
1997	£81,333	£627	3
1996	£48,625	£523	8
1995	£54,188	£689	8

House Type in SO15 3SH area

The most common house types in the SO15 3SH postcode area are Flat (145), Shared house (15), and Semi-detached (9).

Total	184
Flat	145
Shared house	15
Semi-detached	9
Detached	8
Terraced	7
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (117), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency	117
Owned: Owns outright	29
Owned: Owns with a mortgage or loan	25
Private rented: Other private rented	7
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the SO15 3SH have 1 person in household (96), and 2 people in household (49).

1 person in household	96
2 people in household	49
3 people in household	20
4 people in household	10
5 people in household	3
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0