Housing Market Analysis for MELVILLE CLOSE, SO16 8DE

Are you looking to understand SO16 8DE 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 SO16 8DE area, explore the SO16 8DE Area information page.
For comprehensive crime statistics in the SO16 8DE area, explore the SO16 8DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO16 8DE postcode area, The average prices are as follows,

Terraced
- The average price is around £148,603 median price is £163,750 Standard Deviation is £65,861 with Total Sold: 66
- The Last 5 Year average price is £228,700 with Total Sold: 10
- The most recent sale happened at this postcode is 5 MELVILLE CLOSE: £248,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 13 MELVILLE CLOSE: £49,500 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SO16 8DE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£248,000	£3,758	1
2022	£278,000	£3,610	2
2021	£201,250	£2,790	4
2020	£226,000	£2,961	3
2019	£192,500	£2,500	1
2018	£225,000	£3,125	1
2017	£212,475	£2,654	2
2016	£230,500	£3,442	1
2015	£203,500	£2,507	5
2014	£175,000	£2,200	2
2013	£176,500	£2,263	2
2012	£171,850	£2,224	4
2011	£159,875	£2,095	4
2010	£167,250	£2,155	2
2009	£120,000	£1,341	1
2008	£158,500	£1,865	1
2007	£169,500	£2,059	3
2006	£168,000	£2,200	1
2005	£155,500	£2,254	2
2003	£134,500	£1,738	2
2002	£117,150	£1,494	3
2001	£88,475	£1,115	2
2000	£80,500		1
1999	£71,800	£849	3
1998	£59,000	£751	4
1997	£54,725	£708	2
1996	£51,950	£688	6
1995	£49,500	£643	1

All the Sales in the MELVILLE CLOSE, SO16 8DE

See the table below for more details on the sold house prices in the SO16 8DE, Southampton postcode.

Address	Sold Date	Price	% Change
5 MELVILLE CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1976-1982	31 Oct 2023	£248,000	12.73%
	26 Mar 2021	£220,000	323.08%
	10 Sep 1996	£52,000	First Sale
29 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	15 Sep 2022	£300,000	First Sale
7 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	21 Feb 2022	£256,000	48.88%
	21 Sep 2012	£171,950	First Sale
2 MELVILLE CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	30 Sep 2021	£255,000	13.33%
	21 Sep 2018	£225,000	First Sale
10 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	17 Sep 2021	£100,000	First Sale
18 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	12 Mar 2021	£230,000	31.43%
	28 Mar 2013	£175,000	1.45%
	21 May 2010	£172,500	35.83%
	06 Nov 2003	£127,000	104.84%
	27 May 1998	£62,000	First Sale
14 MELVILLE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	18 Dec 2020	£208,000	23.44%
	12 Oct 2012	£168,500	180.84%
	01 Jun 1998	£59,999	First Sale
43 MELVILLE CLOSETerraced, FreeholdArea: 76.36 Sq.mtrAge: 1976-1982	23 Jun 2020	£245,000	45.01%
	15 Mar 2012	£168,950	0.57%
	08 Sep 2006	£168,000	First Sale
22 MELVILLE CLOSETerraced, FreeholdArea: 74.84 Sq.mtrAge: 1967-1975	09 Apr 2020	£225,000	41.51%
	24 Nov 2011	£159,000	First Sale
36 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	03 Jun 2019	£192,500	First Sale
41 MELVILLE CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	27 Oct 2017	£195,000	First Sale
1 MELVILLE CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	17 Mar 2017	£229,950	45.54%
	28 Jun 2007	£158,000	26.45%
	06 Sep 2002	£124,950	First Sale
11 MELVILLE CLOSETerraced, FreeholdArea: 66.96 Sq.mtrAge: 1967-1975	26 Jul 2016	£230,500	58.97%
	18 Feb 2011	£145,000	First Sale
42 MELVILLE CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	18 Sep 2015	£218,000	37.54%
	09 May 2008	£158,500	178.07%
	14 Jul 1998	£57,000	First Sale
30 MELVILLE CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	14 Sep 2015	£205,000	88.94%
	27 Sep 2002	£108,500	First Sale
33 MELVILLE CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	05 Jun 2015	£196,500	First Sale
6 MELVILLE CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1976-1982	28 May 2015	£203,000	8.56%
	14 Sep 2007	£187,000	141.29%
	20 May 1999	£77,500	First Sale
40 MELVILLE CLOSETerraced, FreeholdArea: 77.76 Sq.mtrAge: 1950-1966	27 Mar 2015	£195,000	9.55%
	27 Apr 2012	£178,000	25.35%
	15 Dec 2003	£142,000	First Sale
3 MELVILLE CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1976-1982	15 Oct 2014	£180,000	First Sale
27 MELVILLE CLOSETerraced, FreeholdArea: 89.48 Sq.mtrAge: 1967-1975	21 Jan 2014	£170,000	41.67%
	15 May 2009	£120,000	First Sale
38 MELVILLE CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	23 Aug 2013	£178,000	First Sale
15 MELVILLE CLOSETerraced, FreeholdArea: 74.1 Sq.mtrAge: 1967-1975	30 Aug 2011	£171,500	2.69%
	04 Feb 2005	£167,000	First Sale
13 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	14 Jun 2011	£164,000	231.31%
	26 May 1995	£49,500	First Sale
16 MELVILLE CLOSETerraced, FreeholdArea: 77.34 Sq.mtrAge: 1950-1966	04 Oct 2010	£162,000	217.65%
	26 Jul 1996	£51,000	First Sale
12 MELVILLE CLOSETerraced, FreeholdArea: 77.76 Sq.mtrAge: 1967-1975	01 Oct 2007	£163,500	159.73%
	07 May 1999	£62,950	21.06%
	20 Sep 1996	£52,000	First Sale
21 MELVILLE CLOSETerraced, Freehold	11 Feb 2005	£144,000	162.06%
21 MELVILLE CLOSETerraced, Freehold	03 Mar 1997	£54,950	First Sale
28 MELVILLE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	22 Aug 2002	£118,000	First Sale
9 MELVILLE CLOSETerraced, Freehold	04 Jun 2001	£90,000	First Sale
8 MELVILLE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1976-1982	23 Mar 2001	£86,950	First Sale
39 MELVILLE CLOSETerraced, Freehold	27 Mar 2000	£80,500	First Sale
23 MELVILLE CLOSETerraced, Freehold	26 Nov 1999	£74,950	36.40%
23 MELVILLE CLOSETerraced, Freehold	31 Jul 1996	£54,950	First Sale
17 MELVILLE CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1976-1982	28 Aug 1998	£57,000	First Sale
32 MELVILLE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	14 Mar 1997	£54,500	First Sale
37 MELVILLE CLOSETerraced, FreeholdArea: 76.32 Sq.mtrAge: 1967-1975	26 Apr 1996	£51,500	First Sale
26 MELVILLE CLOSETerraced, FreeholdArea: 77.14 Sq.mtrAge: 1967-1975	01 Apr 1996	£50,250	First Sale

Check out the sold house prices near the SO16 8DE postcode. Properties currently for saleProperties currently for rent

MELVILLE CLOSE, SO16 8DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO16 8DE 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 SO16 8DE postcode.

Semi-Detached
- The average price is around £158,171 median price is £160,000 Standard Deviation is £73,891 with Total Sold: 267
- The Last 5 Year average price is £284,878 with Total Sold: 28
- The most recent sale happened at this postcode is , 39 GRAFTON GARDENS: £367,500 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 87 DUNVEGAN DRIVE: £51,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £145,844 median price is £150,950 Standard Deviation is £68,819 with Total Sold: 879
- The Last 5 Year average price is £252,320 with Total Sold: 99
- The most recent sale happened at this postcode is , 29 SHELDRAKE GARDENS: £296,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 58 PETWORTH GARDENS: £48,500 (Sold on 31 Jan 1995)
Flat
- The average price is around £98,761 median price is £104,000 Standard Deviation is £44,901 with Total Sold: 263
- The Last 5 Year average price is £160,961 with Total Sold: 38
- The most recent sale happened at this postcode is FLAT 13, LORDSWOOD COURT COXFORD ROAD: £195,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 46, LORDSWOOD COURT COXFORD ROAD: £36,000 (Sold on 17 Feb 1995)
Detached
- The average price is around £244,909 median price is £248,500 Standard Deviation is £84,431 with Total Sold: 58
- The Last 5 Year average price is £387,500 with Total Sold: 5
- The most recent sale happened at this postcode is , 225 OAKWOOD DRIVE: £355,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 1 BALMORAL CLOSE: £69,950 (Sold on 19 May 1995)
Other
- The average price is around £162,333 median price is £120,000 Standard Deviation is £91,965 with Total Sold: 3
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 60 DUNVEGAN DRIVE: £290,000 (Sold on 18 Dec 2020)
- The first recorded sale happened at this postcode is , 237A ALDERMOOR ROAD: £120,000 (Sold on 21 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,250	£4,136	4
2023	£275,000	£4,044	2
2022	£326,857	£3,850	7
2021	£261,433	£3,276	10
2020	£248,650	£3,269	5
2019	£245,250	£3,041	12
2018	£231,417	£3,056	6
2017	£237,643	£2,980	7
2016	£233,158	£2,819	6
2015	£218,750	£2,808	8
2014	£186,600	£2,422	5
2013	£183,833	£2,469	6
2012	£193,317	£2,011	3
2011	£195,000	£1,998	2
2010	£166,500	£2,133	6
2009	£163,917	£1,976	12
2008	£184,643	£2,522	7
2007	£192,282	£2,484	14
2006	£167,357	£2,139	7
2005	£159,450	£2,105	10
2004	£158,750	£1,925	10
2003	£148,269	£1,861	13
2002	£121,167	£1,557	15
2001	£111,556	£1,435	15
2000	£91,914	£1,204	11
1999	£78,705	£993	19
1998	£71,909	£879	11
1997	£65,255	£810	10
1996	£64,564	£738	7
1995	£57,706	£674	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,389	£3,728	9
2023	£266,926	£3,592	17
2022	£277,083	£3,570	21
2021	£233,212	£3,091	34
2020	£226,194	£2,821	18
2019	£215,852	£2,791	27
2018	£221,435	£2,825	31
2017	£219,793	£2,794	32
2016	£214,831	£2,723	21
2015	£187,165	£2,460	30
2014	£176,299	£2,224	30
2013	£158,721	£1,983	24
2012	£162,468	£2,083	20
2011	£149,526	£1,970	28
2010	£161,727	£1,997	11
2009	£148,469	£1,836	21
2008	£170,163	£2,001	15
2007	£169,348	£2,119	41
2006	£157,105	£2,039	38
2005	£152,432	£1,933	30
2004	£147,358	£1,801	33
2003	£130,300	£1,676	34
2002	£110,581	£1,399	43
2001	£91,085	£1,186	51
2000	£78,348	£1,007	32
1999	£66,444	£855	37
1998	£60,821	£771	42
1997	£55,584	£715	38
1996	£52,720	£639	34
1995	£48,034	£592	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,667		3
2023	£169,667	£2,821	12
2022	£155,750	£2,895	8
2021	£161,071	£2,867	7
2020	£149,000	£2,182	8
2019	£138,929	£2,685	7
2018	£131,667	£3,083	3
2017	£142,590	£2,076	5
2016	£130,395	£2,236	10
2015	£120,246	£2,212	12
2014	£123,650	£1,743	10
2013	£113,875	£1,874	8
2012	£107,250	£2,001	6
2011	£109,790	£2,268	5
2010	£101,333	£1,908	3
2009	£105,786	£1,726	7
2008	£111,994	£1,800	9
2007	£119,533	£1,894	12
2006	£109,268	£1,713	11
2005	£92,056	£1,657	8
2004	£99,883	£1,952	9
2003	£95,445	£1,712	11
2002	£82,617	£1,512	12
2001	£68,044	£1,217	9
2000	£53,320	£806	10
1999	£44,746	£761	14
1998	£36,838	£578	4
1997	£36,000	£641	18
1996	£35,287	£633	12
1995	£33,392	£577	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		1
2023	£500,000	£2,754	1
2022	£355,750	£4,106	2
2020	£371,000	£2,944	1
2019	£323,000	£3,167	1
2018	£345,000	£3,341	3
2017	£313,750	£3,243	4
2016	£260,750	£3,085	4
2015	£244,983	£2,980	3
2014	£327,500	£2,635	2
2013	£263,333	£2,224	3
2010	£228,000	£2,468	1
2009	£235,000	£2,050	2
2008	£270,333	£2,116	3
2007	£217,475		2
2006	£194,500	£2,359	4
2005	£240,238	£2,262	4
2004	£221,500	£2,277	4
2003	£240,000	£1,487	2
2002	£228,950		1
2001	£177,500	£1,855	2
2000	£123,500		2
1999	£117,975	£868	2
1996	£81,833	£820	3
1995	£69,950		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£290,000	£3,152	1
2017	£77,000	£755	1
2016	£120,000		1

House Type in SO16 8DE area

The most common house types in the SO16 8DE postcode area are Terraced (57), Semi-detached (28), and Detached (2).

Total	88
Terraced	57
Semi-detached	28
Detached	2
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Owned: Owns outright (25).

Owned: Owns with a mortgage or loan	39
Owned: Owns outright	25
Private rented: Private landlord or letting agency	18
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SO16 8DE have 2 people in household (33), and 3 people in household (21).

2 people in household	33
3 people in household	21
1 person in household	17
4 people in household	13
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0