Housing Market Analysis for WESSEX LANE, SO18 2LB

Are you looking to understand SO18 2LB 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 SO18 2LB area, explore the SO18 2LB Area information page.
For comprehensive crime statistics in the SO18 2LB area, explore the SO18 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO18 2LB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £90,429 median price is £67,000 Standard Deviation is £42,061 with Total Sold: 7
    • The Last 5 Year average price is £150,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 WESSEX LANE: £150,000 (Sold on 25 Nov 2020)
    • The first recorded sale happened at this postcode is 2 WESSEX LANE: £31,000 (Sold on 26 Oct 2000)
  • Terraced
    • The average price is around £117,167 median price is £133,000 Standard Deviation is £46,843 with Total Sold: 12
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 WESSEX LANE: £180,000 (Sold on 10 Oct 2019)
    • The first recorded sale happened at this postcode is 14 WESSEX LANE: £47,500 (Sold on 25 Apr 2002)
  • Detached
    • The average price is around £182,000 median price is £182,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 WESSEX LANE: £182,000 (Sold on 05 Oct 2012)
    • The first recorded sale happened at this postcode is 19 WESSEX LANE: £182,000 (Sold on 05 Oct 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average SO18 2LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£150,000 £3,125 1
2012£60,000 £912 1
2007£65,000 £988 1
2006£135,000 £2,812 1
2005£67,0001
2004£125,000 £2,604 1
2000£31,000 £471 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£180,000 £2,000 1
2017£167,500 £1,945 2
2013£137,500 £2,115 1
2008£159,000 £2,446 1
2007£82,5001
2006£107,000 £1,162 2
2005£75,000 £1,154 1
2003£128,500 £1,492 1
2002£47,250 £727 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£182,000 £1,957 1

All the Sales in the WESSEX LANE, SO18 2LB

See the table below for more details on the sold house prices in the SO18 2LB, Southampton postcode.

AddressSold DatePrice% Change
4 WESSEX LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1996-200225 Nov 2020£150,00011.11%
20 Nov 2006£135,0008.00%
08 Oct 2004£125,000First Sale
7 WESSEX LANETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-194910 Oct 2019£180,00029.50%
03 Aug 2006£139,000First Sale
5 WESSEX LANETerraced, FreeholdArea: 86.1 Sq.mtrAge: 1930-194912 Oct 2017£170,0003.03%
26 Apr 2017£165,00028.40%
19 Aug 2003£128,500First Sale
25 WESSEX LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1996-200218 Oct 2013£137,500192.55%
28 Jun 2002£47,000First Sale
19 WESSEX LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1900-192905 Oct 2012£182,000First Sale
2 WESSEX LANEFlat, LeaseholdArea: 65.76 Sq.mtrAge: 1996-200217 Feb 2012£60,000-7.69%
10 Sep 2007£65,000109.68%
26 Oct 2000£31,000First Sale
14 WESSEX LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1996-200218 Jan 2008£159,000112.00%
15 Aug 2005£75,00057.89%
25 Apr 2002£47,500First Sale
12 WESSEX LANETerraced, Leasehold19 Sep 2007£82,500First Sale
21 WESSEX LANETerraced, LeaseholdArea: 96.1 Sq.mtrAge: 1996-200223 Jan 2006£75,000First Sale
8 WESSEX LANEFlat, Leasehold21 Jan 2005£67,000First Sale

Check out the sold house prices near the SO18 2LB postcode. Properties currently for saleProperties currently for rent

WESSEX LANE, SO18 2LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO18 2LB 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 SO18 2LB postcode.

  • Terraced
    • The average price is around £149,540 median price is £145,000 Standard Deviation is £74,287 with Total Sold: 575
    • The Last 5 Year average price is £241,513 with Total Sold: 105
    • The most recent sale happened at this postcode is , 30 ETHELBURT AVENUE: £445,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 MEADOWSIDE CLOSE: £47,500 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £229,130 median price is £229,950 Standard Deviation is £107,858 with Total Sold: 271
    • The Last 5 Year average price is £354,336 with Total Sold: 53
    • The most recent sale happened at this postcode is , 25 BASSETT GREEN ROAD: £480,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 5A RAYNERS GARDENS: £10,000 (Sold on 17 Jan 1995)
  • Semi-Detached
    • The average price is around £167,413 median price is £155,000 Standard Deviation is £92,152 with Total Sold: 696
    • The Last 5 Year average price is £282,595 with Total Sold: 79
    • The most recent sale happened at this postcode is , 23 HOWARD CLOSE: £260,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 FIELD CLOSE: £69,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £100,262 median price is £97,500 Standard Deviation is £46,108 with Total Sold: 214
    • The Last 5 Year average price is £137,808 with Total Sold: 39
    • The most recent sale happened at this postcode is FLAT 1, BURMA HOUSE LORD MOUNTBATTEN CLOSE: £63,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is FLAT 1, BURMA HOUSE LORD MOUNTBATTEN CLOSE: £28,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £559,142 median price is £227,500 Standard Deviation is £827,780 with Total Sold: 24
    • The Last 5 Year average price is £207,281 with Total Sold: 8
    • The most recent sale happened at this postcode is , 314 BURGESS ROAD: £150,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , FLEMING ARMS WIDE LANE: £2,500,000 (Sold on 02 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,071 £3,304 5
2023£256,667 £3,531 12
2022£266,526 £3,494 19
2021£247,046 £3,067 27
2020£215,576 £2,835 21
2019£217,010 £2,613 21
2018£228,381 £2,903 21
2017£209,588 £2,836 17
2016£201,581 £2,696 18
2015£190,137 £2,344 24
2014£169,514 £2,119 19
2013£162,232 £2,057 17
2012£146,996 £1,824 12
2011£150,589 £1,906 18
2010£129,235 £1,710 17
2009£139,668 £1,969 14
2008£139,545 £1,984 8
2007£153,998 £2,243 30
2006£150,371 £1,880 28
2005£126,690 £1,613 20
2004£129,541 £1,798 23
2003£115,053 £1,591 23
2002£107,905 £1,240 33
2001£87,544 £1,140 17
2000£77,484 £946 16
1999£58,891 £773 21
1998£56,216 £753 16
1997£53,050 £805 21
1996£50,396 £676 27
1995£46,404 £555 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£370,686 £4,391 7
2022£428,188 £3,866 8
2021£332,857 £4,083 14
2020£311,769 £3,448 13
2019£356,650 £3,746 10
2018£297,408 £3,167 6
2017£317,650 £3,557 6
2016£318,125 £2,999 8
2015£282,750 £2,590 8
2014£274,319 £2,353 9
2013£232,071 £2,312 7
2012£201,145 £2,372 10
2011£220,850 £2,176 5
2010£250,041 £2,589 11
2009£218,571 £2,075 7
2008£220,590 £2,347 5
2007£232,950 £2,999 15
2006£224,494 £2,139 18
2005£250,900 £1,858 13
2004£221,833 £2,110 6
2003£234,989 £1,779 5
2002£180,994 £1,827 8
2001£154,000 £1,407 13
2000£116,059 £1,254 11
1999£117,062 £985 8
1998£92,321 £897 17
1997£83,223 £863 13
1996£91,600 £819 5
1995£37,312 £354 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,250 £3,074 6
2023£306,042 £4,070 12
2022£307,000 £3,530 10
2021£266,167 £3,185 21
2020£280,208 £3,052 12
2019£270,944 £2,985 18
2018£282,604 £3,079 24
2017£242,139 £2,748 14
2016£266,904 £3,006 13
2015£253,658 £2,593 19
2014£252,962 £2,399 13
2013£217,523 £2,237 21
2012£201,026 £2,233 16
2011£179,859 £1,992 16
2010£188,810 £2,136 21
2009£183,605 £1,923 22
2008£186,670 £2,127 28
2007£212,571 £2,171 26
2006£188,301 £1,948 37
2005£166,546 £1,987 28
2004£171,715 £1,872 31
2003£157,646 £1,729 25
2002£114,242 £1,353 28
2001£119,706 £1,144 39
2000£96,238 £1,070 41
1999£78,434 £895 39
1998£67,056 £718 34
1997£62,267 £649 26
1996£60,651 £638 36
1995£58,770 £686 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£116,000 £1,727 5
2023£123,571 £2,987 7
2022£167,500 £3,015 8
2021£132,800 £2,288 5
2020£165,667 £2,919 6
2019£116,438 £2,191 8
2018£152,750 £2,395 4
2017£124,583 £2,152 9
2016£115,433 £2,118 9
2015£134,755 £2,038 10
2014£120,050 £2,151 10
2013£115,062 £1,995 8
2012£86,750 £1,529 4
2011£99,250 £1,787 4
2010£130,000 £2,369 1
2009£93,000 £1,869 3
2008£107,500 £2,736 6
2007£109,992 £2,082 14
2006£128,083 £2,251 9
2005£86,495 £2,000 11
2004£98,220 £1,891 15
2003£86,594 £2,253 10
2002£76,150 £1,280 6
2001£53,850 £1,323 6
2000£41,317 £795 3
1999£35,514 £828 11
1998£37,588 £719 8
1997£26,625 £798 4
1996£37,850 £609 8
1995£28,000 £848 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£181,000 £2,054 2
2021£11,000 £229 1
2020£390,000 £3,056 2
2019£177,625 £3,097 2
2018£170,455 £2,785 5
2017£1,368,777 £44,796 5
2016£235,0001
2015£320,000 £1,250 2
2014£1,063,333 £2,202 3

House Type in SO18 2LB area

The most common house types in the SO18 2LB postcode area are Terraced (51), Semi-detached (13), and Detached (6).

Total72
Terraced51
Semi-detached13
Detached6
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (27), and Owned: Owns with a mortgage or loan (13).

Social rented: Other social rented27
Owned: Owns with a mortgage or loan13
Owned: Owns outright12
Shared ownership: Shared ownership12
Private rented: Private landlord or letting agency7
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SO18 2LB have 2 people in household (26), and 1 person in household (14).

2 people in household26
1 person in household14
3 people in household10
5 people in household9
4 people in household8
8 or more people in household3
6 people in household2
7 people in household2
0 people in household0