Housing Market Analysis for BALMORAL WAY, SO16 8LL

Are you looking to understand SO16 8LL 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 Test Valley postcode.

For the location information and nearby amenities in the SO16 8LL area, explore the SO16 8LL Area information page.
For comprehensive crime statistics in the SO16 8LL area, explore the SO16 8LL Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £329,893 median price is £326,238 Standard Deviation is £136,571 with Total Sold: 24
- The Last 5 Year average price is £464,312 with Total Sold: 8
- The most recent sale happened at this postcode is 24 BALMORAL WAY: £592,500 (Sold on 10 Oct 2022)
- The first recorded sale happened at this postcode is 19 BALMORAL WAY: £90,000 (Sold on 06 Sep 1996)
Semi-Detached
- The average price is around £256,500 median price is £256,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 29 BALMORAL WAY: £256,500 (Sold on 30 Nov 2005)
- The first recorded sale happened at this postcode is 29 BALMORAL WAY: £256,500 (Sold on 30 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average SO16 8LL 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£519,750	£4,506	2
2021	£405,000	£3,892	2
2020	£452,500	£3,312	2
2019	£480,000	£3,855	2
2018	£456,250	£3,739	2
2016	£380,000	£3,304	1
2012	£310,000	£1,959	1
2007	£249,000	£2,594	1
2005	£306,738	£2,603	2
2004	£335,000	£2,463	1
2002	£258,250	£1,831	2
2001	£239,950	£1,860	1
1999	£139,250	£1,324	2
1998	£139,000	£1,254	2
1996	£90,000	£938	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£256,500		1

All the Sales in the BALMORAL WAY, SO16 8LL

See the table below for more details on the sold house prices in the SO16 8LL, Test Valley postcode.

Address	Sold Date	Price	% Change
24 BALMORAL WAYDetached, FreeholdArea: 136 Sq.mtrAge: 1976-1982	10 Oct 2022	£592,500	76.87%
	12 Aug 2004	£335,000	34.54%
	28 May 2002	£249,000	First Sale
19 BALMORAL WAYDetached, FreeholdArea: 96 Sq.mtrAge: 2003-2006	31 Mar 2022	£447,000	79.52%
	16 Nov 2007	£249,000	89.35%
	20 Aug 1999	£131,500	46.11%
	06 Sep 1996	£90,000	First Sale
17 BALMORAL WAYDetached, FreeholdArea: 95 Sq.mtrAge: 1991-1995	05 Feb 2021	£405,000	237.50%
	27 Nov 1998	£120,000	First Sale
25 BALMORAL WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1983-1990	29 Jan 2021	£405,000	6.58%
	05 Jul 2016	£380,000	First Sale
1 BALMORAL WAYDetached, FreeholdArea: 135 Sq.mtrAge: 1996-2002	08 Sep 2020	£527,500	First Sale
27 BALMORAL WAYDetached, FreeholdArea: 139 Sq.mtrAge: 1991-1995	11 Mar 2020	£377,500	First Sale
20 BALMORAL WAYDetached, FreeholdArea: 127 Sq.mtrAge: 2003-2006	11 Apr 2019	£495,000	213.29%
	04 Aug 1998	£158,000	First Sale
15 BALMORAL WAYDetached, FreeholdArea: 122 Sq.mtrAge: 1991-1995	28 Feb 2019	£465,000	First Sale
7 BALMORAL WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1991-1995	29 Mar 2018	£427,500	34.66%
	21 Oct 2005	£317,475	115.97%
	24 Jun 1999	£147,000	First Sale
5 BALMORAL WAYDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	23 Mar 2018	£485,000	102.13%
	10 May 2001	£239,950	First Sale
21 BALMORAL WAYDetached, FreeholdArea: 158.25 Sq.mtrAge: 1983-1990	20 Apr 2012	£310,000	First Sale
29 BALMORAL WAYSemi-Detached, Freehold	30 Nov 2005	£256,500	First Sale
11 BALMORAL WAYDetached, FreeholdArea: 121 Sq.mtrAge: 1991-1995	26 Aug 2005	£296,000	First Sale
9 BALMORAL WAYDetached, Freehold	10 Sep 2002	£267,500	First Sale

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

BALMORAL WAY, SO16 8LL Near By properties

Interactive Map

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

Detached
- The average price is around £326,283 median price is £320,000 Standard Deviation is £164,769 with Total Sold: 674
- The Last 5 Year average price is £520,567 with Total Sold: 135
- The most recent sale happened at this postcode is , 23 BETTERIDGE DRIVE: £710,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , ARNWOOD ROWNHAMS LANE: £82,500 (Sold on 30 Jan 1995)
Semi-Detached
- The average price is around £204,231 median price is £198,000 Standard Deviation is £103,124 with Total Sold: 219
- The Last 5 Year average price is £348,698 with Total Sold: 35
- The most recent sale happened at this postcode is , 9 ARMADA CLOSE: £340,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 9 VICTORY WAY: £76,000 (Sold on 10 Mar 1995)
Flat
- The average price is around £108,623 median price is £116,000 Standard Deviation is £47,022 with Total Sold: 78
- The Last 5 Year average price is £175,056 with Total Sold: 8
- The most recent sale happened at this postcode is , 9 BEACON CLOSE: £165,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 6 BARKER MILL CLOSE: £56,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £168,002 median price is £150,000 Standard Deviation is £100,590 with Total Sold: 157
- The Last 5 Year average price is £295,943 with Total Sold: 23
- The most recent sale happened at this postcode is , 18 GREENWOOD AVENUE: £205,000 (Sold on 02 Jun 2023)
- The first recorded sale happened at this postcode is 5, CORONATION COTTAGES ROUTS WAY: £75,000 (Sold on 24 Apr 1995)
Other
- The average price is around £6,235,833 median price is £1,575,000 Standard Deviation is £7,651,165 with Total Sold: 6
- The Last 5 Year average price is £853,750 with Total Sold: 4
- The most recent sale happened at this postcode is , 2 GREENWOOD AVENUE: £60,000 (Sold on 31 Oct 2022)
- The first recorded sale happened at this postcode is , 38 HARRISON WAY: £17,000,000 (Sold on 01 Sep 2017)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£592,070	£3,940	13
2023	£567,363	£4,198	15
2022	£575,672	£4,249	29
2021	£528,113	£3,823	31
2020	£448,007	£3,868	30
2019	£444,882	£3,867	17
2018	£450,597	£3,537	15
2017	£491,421	£3,609	19
2016	£436,083	£3,629	18
2015	£381,866	£3,162	19
2014	£336,736	£2,902	19
2013	£325,132	£2,724	11
2012	£385,656	£2,804	16
2011	£370,020	£2,484	13
2010	£308,889	£2,988	9
2009	£351,600	£2,584	15
2008	£439,083	£2,395	6
2007	£359,246	£2,939	26
2006	£374,978	£2,558	27
2005	£320,464	£2,345	30
2004	£317,313	£2,544	41
2003	£317,047	£2,350	17
2002	£245,771	£2,007	34
2001	£218,595	£1,530	30
2000	£174,524	£1,357	17
1999	£141,224	£1,136	33
1998	£142,505	£1,295	33
1997	£133,576	£973	25
1996	£139,410	£874	35
1995	£124,263	£777	31

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£342,250		4
2023	£369,000	£4,454	3
2022	£374,772	£3,891	9
2021	£328,485	£4,133	10
2020	£383,527	£3,639	5
2019	£288,250	£4,024	4
2018	£320,500	£3,559	4
2017	£314,357	£3,835	7
2016	£325,000	£2,440	5
2015	£283,112	£2,719	4
2014	£240,600	£3,172	5
2013	£243,400	£2,840	5
2011	£207,500	£2,087	2
2010	£262,500	£2,272	5
2009	£220,450	£2,361	10
2008	£218,589	£3,225	5
2007	£242,431	£2,746	8
2006	£246,682	£2,346	11
2005	£211,575	£2,525	6
2004	£191,944	£2,313	9
2003	£177,625	£2,000	8
2002	£154,344	£2,066	16
2001	£131,030	£1,689	10
2000	£128,379	£1,242	12
1999	£97,720	£1,205	8
1998	£87,406	£1,159	17
1997	£89,940	£1,007	10
1996	£72,292	£875	12
1995	£82,290	£887	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£176,500	£3,145	5
2022	£199,950	£4,650	1
2021	£168,000	£4,098	1
2020	£150,000	£3,000	1
2018	£160,000	£3,333	1
2017	£162,500	£2,953	2
2016	£144,950	£3,371	1
2015	£146,500	£2,557	4
2013	£133,500	£2,750	2
2012	£161,000	£2,853	2
2011	£126,000	£2,849	2
2010	£120,000	£2,500	1
2009	£132,500	£1,908	1
2008	£132,000	£2,467	2
2007	£167,000	£2,513	2
2006	£124,950	£2,906	1
2005	£136,317	£2,369	3
2004	£127,833	£2,445	3
2003	£117,899	£2,671	5
2002	£108,500	£1,780	9
2001	£106,000	£1,880	2
2000	£92,750	£1,384	1
1999	£58,700	£1,290	5
1998	£61,021	£994	6
1997	£49,241	£971	6
1996	£48,500	£796	5
1995	£44,750	£904	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£345,488	£4,169	4
2022	£298,000	£4,352	4
2021	£285,833	£5,083	3
2020	£278,179	£4,373	7
2019	£285,600	£3,785	5
2018	£271,250	£3,203	2
2017	£313,750	£2,905	4
2016	£337,000	£3,026	2
2015	£234,045	£3,144	10
2014	£223,400	£3,139	5
2013	£193,750	£3,064	4
2012	£175,000	£2,463	2
2011	£178,500	£2,483	4
2010	£180,250	£2,804	4
2009	£119,000	£2,921	2
2008	£131,600	£3,231	1
2007	£212,500	£2,980	6
2006	£174,590	£3,084	5
2005	£220,000	£2,519	3
2004	£206,500	£2,395	11
2003	£142,665	£2,519	3
2002	£122,000	£2,308	4
2001	£110,771	£1,698	7
2000	£95,919	£1,688	8
1999	£80,300	£1,152	10
1998	£63,279	£1,001	8
1997	£74,542	£1,081	12
1996	£61,578	£940	9
1995	£51,869	£823	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£60,000		1
2021	£1,575,000		2
2019	£205,000		1
2018	£17,000,000	£151,786	1
2017	£17,000,000	£151,786	1

House Type in SO16 8LL area

The most common house types in the SO16 8LL postcode area are Detached (92), Semi-detached (29), and Terraced (7).

Total	129
Detached	92
Semi-detached	29
Terraced	7
converted building	1
Flat	0
Shared house	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 (57), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	54
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	4
Social rented: Other social rented	3
Does not apply	0
Shared ownership: Shared ownership	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 SO16 8LL have 2 people in household (55), and 4 people in household (30).

2 people in household	55
4 people in household	30
3 people in household	20
1 person in household	10
5 people in household	6
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0