Housing Market Analysis for MELCHET ROAD, SO18 5GW

Are you looking to understand SO18 5GW 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 5GW area, explore the SO18 5GW Area information page.
For comprehensive crime statistics in the SO18 5GW area, explore the SO18 5GW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO18 5GW postcode area, The average prices are as follows,

Other
- The average price is around £12,000 median price is £12,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £12,000 with Total Sold: 1
- The most recent sale happened at this postcode is 41 MELCHET ROAD: £12,000 (Sold on 29 Mar 2023)
- The first recorded sale happened at this postcode is 41 MELCHET ROAD: £12,000 (Sold on 29 Mar 2023)
Terraced
- The average price is around £212,990 median price is £220,000 Standard Deviation is £54,932 with Total Sold: 5
- The Last 5 Year average price is £260,000 with Total Sold: 2
- The most recent sale happened at this postcode is 35 MELCHET ROAD: £300,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is 31 MELCHET ROAD: £134,950 (Sold on 08 May 2006)
Flat
- The average price is around £86,750 median price is £95,000 Standard Deviation is £33,862 with Total Sold: 7
- The Last 5 Year average price is £140,000 with Total Sold: 1
- The most recent sale happened at this postcode is 21 MELCHET ROAD: £140,000 (Sold on 29 Nov 2019)
- The first recorded sale happened at this postcode is 51A MELCHET ROAD: £28,300 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SO18 5GW 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£12,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£300,000	£2,778	1
2020	£220,000	£2,558	1
2017	£180,000	£1,622	1
2016	£230,000	£1,783	1
2006	£134,950		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£140,000	£2,979	1
2012	£97,000	£1,525	1
2010	£92,000	£2,592	1
2008	£103,950	£2,928	1
2007	£95,000	£2,065	1
2000	£51,000		1
1996	£28,300		1

All the Sales in the MELCHET ROAD, SO18 5GW

See the table below for more details on the sold house prices in the SO18 5GW, Southampton postcode.

Address	Sold Date	Price	% Change
41 MELCHET ROADOther, Leasehold	29 Mar 2023	£12,000	First Sale
35 MELCHET ROADTerraced, FreeholdArea: 108 Sq.mtrAge: 1950-1966	20 Jan 2023	£300,000	First Sale
3 MELCHET ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	07 Feb 2020	£220,000	First Sale
21 MELCHET ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	29 Nov 2019	£140,000	47.37%
21 MELCHET ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	02 Aug 2007	£95,000	First Sale
25 MELCHET ROADTerraced, FreeholdArea: 111 Sq.mtrAge: 1950-1966	12 Oct 2017	£180,000	First Sale
5 MELCHET ROADTerraced, FreeholdArea: 129 Sq.mtrAge: 1950-1966	04 Nov 2016	£230,000	First Sale
49A MELCHET ROADFlat, LeaseholdArea: 63.6 Sq.mtrAge: 1967-1975	23 Mar 2012	£97,000	First Sale
27 MELCHET ROADFlat, LeaseholdArea: 35.5 Sq.mtrAge: 1950-1966	06 Aug 2010	£92,000	-11.50%
	01 Aug 2008	£103,950	First Sale
31 MELCHET ROADTerraced, Freehold	08 May 2006	£134,950	First Sale
51A MELCHET ROADFlat, Leasehold	06 Sep 2000	£51,000	80.21%
51A MELCHET ROADFlat, Leasehold	31 May 1996	£28,300	First Sale

Check out the sold house prices near the SO18 5GW postcode. Properties currently for saleProperties currently for rent

MELCHET ROAD, SO18 5GW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO18 5GW 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 5GW postcode.

Semi-Detached
- The average price is around £163,107 median price is £155,000 Standard Deviation is £82,303 with Total Sold: 357
- The Last 5 Year average price is £270,610 with Total Sold: 52
- The most recent sale happened at this postcode is , 3 BEAUWORTH AVENUE: £320,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 87 EDELVALE ROAD: £43,950 (Sold on 09 Mar 1995)
Flat
- The average price is around £105,214 median price is £100,000 Standard Deviation is £52,802 with Total Sold: 420
- The Last 5 Year average price is £144,671 with Total Sold: 86
- The most recent sale happened at this postcode is , 41 RUNNYMEDE: £185,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 1 RUNNYMEDE: £28,000 (Sold on 28 Apr 1995)
Terraced
- The average price is around £148,033 median price is £145,000 Standard Deviation is £69,296 with Total Sold: 799
- The Last 5 Year average price is £237,877 with Total Sold: 135
- The most recent sale happened at this postcode is , 11 SHRUBLAND CLOSE: £291,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 23 ALPINE CLOSE: £51,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £276,027 median price is £250,000 Standard Deviation is £140,602 with Total Sold: 622
- The Last 5 Year average price is £433,903 with Total Sold: 94
- The most recent sale happened at this postcode is , 67 CHALK HILL: £460,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 273 WESTEND ROAD: £115,000 (Sold on 31 Mar 1995)
Other
- The average price is around £296,673 median price is £230,000 Standard Deviation is £315,578 with Total Sold: 14
- The Last 5 Year average price is £242,143 with Total Sold: 7
- The most recent sale happened at this postcode is , 255 WEST END ROAD: £670,000 (Sold on 18 Mar 2024)
- The first recorded sale happened at this postcode is , RETAIL UNIT 3, 59 SOMERSET AVENUE: £245,000 (Sold on 19 Apr 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£378,500		2
2023	£295,000	£3,436	10
2022	£287,573	£3,346	15
2021	£241,167	£2,610	6
2020	£248,444	£2,751	9
2019	£236,810	£2,795	10
2018	£291,900	£2,902	11
2017	£241,214	£2,788	7
2016	£244,300	£2,330	10
2015	£212,467	£2,372	18
2014	£184,944	£2,141	9
2013	£173,408	£1,823	6
2012	£167,542	£1,941	12
2011	£150,925	£1,799	4
2010	£227,429	£1,920	7
2009	£159,606	£1,867	9
2008	£170,795	£2,097	10
2007	£191,804	£1,819	13
2006	£154,386	£1,689	22
2005	£178,619	£1,919	8
2004	£161,420	£1,618	20
2003	£143,245	£1,510	20
2002	£122,174	£1,247	19
2001	£102,573	£1,150	13
2000	£84,279	£984	14
1999	£76,562	£1,020	16
1998	£68,863	£699	19
1997	£63,954	£729	12
1996	£58,223	£632	13
1995	£48,496	£582	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,500		4
2023	£145,762	£3,169	16
2022	£163,164	£3,015	18
2021	£143,881	£2,695	21
2020	£139,103	£2,851	17
2019	£119,630	£2,712	10
2018	£152,157	£3,003	14
2017	£163,052	£2,960	28
2016	£162,774	£2,599	33
2015	£136,213	£2,429	23
2014	£100,125	£2,049	4
2013	£87,381	£2,075	8
2012	£101,129	£1,909	7
2011	£98,167	£1,747	3
2010	£96,100	£2,351	7
2009	£96,000	£2,055	5
2008	£94,983	£2,620	3
2007	£104,922	£2,196	16
2006	£102,997	£2,109	17
2005	£101,200	£2,171	12
2004	£95,911	£1,938	18
2003	£92,957	£1,722	14
2002	£72,227	£1,640	13
2001	£57,698	£1,293	20
2000	£45,554	£959	23
1999	£40,399	£842	19
1998	£32,947	£730	15
1997	£30,667	£671	9
1996	£29,325	£614	14
1995	£27,500	£591	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,000		4
2023	£265,615	£3,094	26
2022	£255,816	£3,004	24
2021	£230,623	£2,823	33
2020	£218,188	£2,549	16
2019	£216,945	£2,495	32
2018	£210,104	£2,440	24
2017	£223,971	£2,452	43
2016	£214,067	£2,557	35
2015	£178,843	£2,079	22
2014	£169,438	£1,971	16
2013	£148,920	£1,767	22
2012	£144,234	£1,634	19
2011	£148,621	£1,672	12
2010	£154,640	£1,805	15
2009	£130,954	£1,606	12
2008	£155,863	£1,784	19
2007	£150,636	£1,898	32
2006	£144,899	£1,813	61
2005	£133,066	£1,664	34
2004	£139,189	£1,585	33
2003	£124,579	£1,454	26
2002	£111,490	£1,424	37
2001	£83,463	£1,028	38
2000	£79,921	£929	24
1999	£60,097	£708	45
1998	£58,170	£715	24
1997	£49,712	£585	20
1996	£46,055	£545	29
1995	£47,286	£555	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£448,300		5
2023	£443,168	£4,062	20
2022	£506,844	£3,942	16
2021	£468,382	£3,899	17
2020	£371,523	£3,368	22
2019	£388,321	£3,336	14
2018	£441,364	£3,305	22
2017	£376,718	£3,460	16
2016	£364,400	£3,018	15
2015	£357,138	£2,835	25
2014	£321,994	£2,897	18
2013	£301,636	£2,434	25
2012	£292,611	£2,612	18
2011	£298,803	£2,464	19
2010	£302,315	£2,309	23
2009	£234,400	£2,361	16
2008	£366,586	£2,300	11
2007	£312,205	£2,584	19
2006	£263,930	£2,388	30
2005	£256,339	£2,205	22
2004	£264,452	£2,129	26
2003	£232,386	£1,943	28
2002	£230,994	£1,867	24
2001	£168,154	£1,487	22
2000	£176,632	£1,386	20
1999	£145,241	£1,135	33
1998	£147,818	£973	19
1997	£109,671	£921	25
1996	£108,118	£845	30
1995	£114,457	£796	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£670,000	£3,545	1
2023	£50,500	£2,318	2
2022	£174,000	£2,260	1
2021	£250,000	£3,366	3
2018	£80,000	£1,538	1
2017	£290,000	£2,769	2
2016	£449,606	£3,666	4

House Type in SO18 5GW area

The most common house types in the SO18 5GW postcode area are Terraced (59), Detached (34), and Semi-detached (12).

Total	126
Terraced	59
Detached	34
Semi-detached	12
Flat	9
Shared house	8
commercial building	4
converted 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 (50), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan	50
Owned: Owns outright	33
Social rented: Rents from council or Local Authority	19
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	6
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SO18 5GW have 2 people in household (43), and 1 person in household (34).

2 people in household	43
1 person in household	34
3 people in household	21
4 people in household	20
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