Housing Market Analysis for RICHARDS CLOSE, SO31 6LN

Are you looking to understand SO31 6LN 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 Fareham postcode.

For the location information and nearby amenities in the SO31 6LN area, explore the SO31 6LN Area information page.
For comprehensive crime statistics in the SO31 6LN area, explore the SO31 6LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO31 6LN postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £212,492 median price is £201,475 Standard Deviation is £101,123 with Total Sold: 12
- The Last 5 Year average price is £357,983 with Total Sold: 3
- The most recent sale happened at this postcode is 24 RICHARDS CLOSE: £367,000 (Sold on 01 Nov 2023)
- The first recorded sale happened at this postcode is 5 RICHARDS CLOSE: £81,000 (Sold on 10 Jun 1997)
Terraced
- The average price is around £191,833 median price is £188,000 Standard Deviation is £41,933 with Total Sold: 3
- The Last 5 Year average price is £142,500 with Total Sold: 1
- The most recent sale happened at this postcode is 6 RICHARDS CLOSE: £142,500 (Sold on 07 Feb 2019)
- The first recorded sale happened at this postcode is 7 RICHARDS CLOSE: £245,000 (Sold on 19 Nov 2013)
Detached
- The average price is around £350,681 median price is £355,000 Standard Deviation is £134,220 with Total Sold: 8
- The Last 5 Year average price is £622,000 with Total Sold: 1
- The most recent sale happened at this postcode is 19 RICHARDS CLOSE: £335,000 (Sold on 18 Aug 2017)
- The first recorded sale happened at this postcode is 22B RICHARDS CLOSE: £622,000 (Sold on 12 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SO31 6LN 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£367,000	£3,110	2
2019	£339,950	£2,764	1
2015	£270,000		1
2013	£230,000	£2,110	1
2006	£201,475		2
2003	£177,000		1
2001	£119,500	£1,202	2
1997	£78,500	£697	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£142,500		1
2013	£216,500	£1,921	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£335,000	£3,641	1
2015	£283,500	£3,082	1
2008	£402,500		2
2003	£195,000	£2,120	1
2002	£282,475	£2,182	2
2024	£622,000		1

All the Sales in the RICHARDS CLOSE, SO31 6LN

See the table below for more details on the sold house prices in the SO31 6LN, Fareham postcode.

Address	Sold Date	Price	% Change
24 RICHARDS CLOSESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1950-1966	01 Nov 2023	£367,000	0.0
	01 Nov 2023	£367,000	First Sale
10 RICHARDS CLOSESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1967-1975	16 Aug 2019	£339,950	First Sale
6 RICHARDS CLOSETerraced, Freehold	07 Feb 2019	£142,500	First Sale
19 RICHARDS CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	18 Aug 2017	£335,000	18.17%
	22 Jan 2015	£283,500	45.38%
	28 Aug 2003	£195,000	First Sale
16 RICHARDS CLOSESemi-Detached, Freehold	03 Jul 2015	£270,000	43.62%
16 RICHARDS CLOSESemi-Detached, Freehold	03 Nov 2006	£188,000	First Sale
3 RICHARDS CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	21 Nov 2013	£188,000	62.07%
	01 Aug 2001	£116,000	First Sale
7 RICHARDS CLOSETerraced, FreeholdArea: 138 Sq.mtrAge: 1967-1975	19 Nov 2013	£245,000	First Sale
8 RICHARDS CLOSESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	28 Oct 2013	£230,000	86.99%
	08 Jun 2001	£123,000	61.84%
	28 Aug 1997	£76,000	First Sale
22C RICHARDS CLOSEDetached, Freehold	02 Apr 2008	£430,000	First Sale
22A RICHARDS CLOSEDetached, Freehold	06 Feb 2008	£375,000	First Sale
5 RICHARDS CLOSESemi-Detached, Freehold	03 Nov 2006	£214,950	21.44%
	18 Aug 2003	£177,000	118.52%
	10 Jun 1997	£81,000	First Sale
22B RICHARDS CLOSEDetached, FreeholdArea: 181 Sq.mtrAge: 2007-2011	20 Dec 2002	£395,000	-36.50%
	12 Feb 2024	£622,000	First Sale
11 RICHARDS CLOSEDetached, Freehold	02 Aug 2002	£169,950	First Sale

Check out the sold house prices near the SO31 6LN postcode. Properties currently for saleProperties currently for rent

RICHARDS CLOSE, SO31 6LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO31 6LN 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 SO31 6LN postcode.

Detached
- The average price is around £275,536 median price is £250,000 Standard Deviation is £145,991 with Total Sold: 1,517
- The Last 5 Year average price is £483,897 with Total Sold: 208
- The most recent sale happened at this postcode is , 44 JAMES GRIEVE AVENUE: £441,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 15 ST CUTHBERTS LANE: £130,000 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £208,436 median price is £205,000 Standard Deviation is £105,669 with Total Sold: 496
- The Last 5 Year average price is £358,778 with Total Sold: 67
- The most recent sale happened at this postcode is , 2A ADMIRALS ROAD: £375,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 27 LAUREL ROAD: £59,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £88,954 median price is £82,000 Standard Deviation is £42,521 with Total Sold: 369
- The Last 5 Year average price is £117,949 with Total Sold: 71
- The most recent sale happened at this postcode is 5, HIGH OAKS HOUSE HIGH OAKS CLOSE: £90,950 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 10 LINDEN COURT: £36,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £165,428 median price is £153,750 Standard Deviation is £86,957 with Total Sold: 280
- The Last 5 Year average price is £282,333 with Total Sold: 41
- The most recent sale happened at this postcode is , 5 DRAKE CLOSE: £279,950 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 18 LAMBOURNE DRIVE: £55,950 (Sold on 20 Apr 1995)
Other
- The average price is around £162,375 median price is £104,750 Standard Deviation is £130,243 with Total Sold: 4
- The Last 5 Year average price is £198,167 with Total Sold: 3
- The most recent sale happened at this postcode is , 30 CHURCH ROAD: £385,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is , 21 CRISPIN CLOSE: £55,000 (Sold on 19 Aug 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£538,206	£4,769	17
2023	£488,683	£4,415	29
2022	£540,649	£4,500	40
2021	£474,610	£3,933	52
2020	£454,726	£3,783	31
2019	£434,026	£3,911	39
2018	£430,012	£3,864	39
2017	£451,010	£3,612	39
2016	£410,489	£3,600	52
2015	£367,412	£3,063	59
2014	£351,307	£2,835	38
2013	£300,842	£2,657	32
2012	£312,058	£2,536	43
2011	£278,237	£2,468	43
2010	£290,256	£2,642	35
2009	£277,574	£2,385	37
2008	£307,315	£2,347	27
2007	£315,542	£2,534	61
2006	£308,248	£2,448	52
2005	£267,678	£2,131	41
2004	£273,269	£2,237	54
2003	£248,777	£2,072	60
2002	£234,841	£1,805	69
2001	£196,855	£1,509	76
2000	£186,228	£1,438	54
1999	£139,957	£1,100	82
1998	£126,416	£1,038	64
1997	£108,473	£969	102
1996	£102,827	£860	92
1995	£96,913	£800	58

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,000	£6,148	5
2023	£388,568	£3,928	14
2022	£392,492	£4,253	6
2021	£358,497	£3,946	19
2020	£348,111	£3,782	9
2019	£319,200	£3,798	14
2018	£318,833	£3,545	15
2017	£330,386	£3,748	22
2016	£308,893	£3,629	15
2015	£294,312	£3,122	16
2014	£289,682	£2,845	11
2013	£231,278	£2,523	9
2012	£218,714	£2,729	7
2011	£221,094	£2,576	16
2010	£215,400	£1,967	5
2009	£220,845	£2,335	20
2008	£232,017	£2,842	12
2007	£260,532	£2,526	13
2006	£214,885	£2,476	27
2005	£208,108	£2,270	18
2004	£224,910	£2,121	20
2003	£180,818	£2,057	17
2002	£157,607	£1,739	22
2001	£139,653	£1,416	30
2000	£116,050	£1,296	12
1999	£94,114	£965	31
1998	£84,382	£930	19
1997	£82,094	£904	27
1996	£70,627	£837	24
1995	£64,255	£707	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£76,238	£1,593	4
2023	£117,192	£2,837	13
2022	£134,533	£3,072	15
2021	£121,973	£2,695	19
2020	£105,200	£2,255	10
2019	£115,840	£2,752	10
2018	£126,885	£2,829	13
2017	£114,000	£2,753	9
2016	£108,835	£2,730	17
2015	£118,367	£2,623	12
2014	£84,810	£2,030	21
2013	£82,531	£1,964	8
2012	£90,187	£1,913	8
2011	£81,036	£1,883	14
2010	£93,708	£2,413	13
2009	£80,727	£1,916	11
2008	£107,389	£2,401	14
2007	£111,955	£2,542	11
2006	£97,094	£2,391	16
2005	£104,290	£2,244	5
2004	£90,614	£2,164	12
2003	£86,533	£2,001	15
2002	£79,558	£1,964	10
2001	£56,818	£1,508	11
2000	£54,120	£1,317	12
1999	£53,897	£1,174	15
1998	£39,580	£959	5
1997	£43,605	£924	21
1996	£36,509	£893	17
1995	£36,531	£860	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£263,725		2
2023	£340,612	£4,513	4
2022	£336,875	£4,715	4
2021	£294,125	£3,617	14
2020	£253,200	£3,522	10
2019	£241,214	£3,403	7
2018	£266,200	£3,471	10
2017	£276,575	£3,364	6
2016	£220,000	£3,290	8
2015	£208,842	£2,920	13
2014	£209,904	£2,959	11
2013	£181,562	£2,475	8
2012	£192,375	£2,636	4
2011	£170,688	£2,510	4
2010	£161,833	£2,469	6
2009	£199,214	£2,803	7
2008	£192,475	£2,284	4
2007	£196,381	£3,120	13
2006	£162,218	£2,498	11
2005	£172,500	£2,522	8
2004	£172,278	£2,360	9
2003	£150,946	£2,194	12
2002	£124,841	£1,886	17
2001	£96,275	£1,346	8
2000	£86,378	£1,352	18
1999	£78,894	£1,128	17
1998	£66,177	£910	9
1997	£61,846	£846	14
1996	£53,912	£791	12
1995	£62,250	£874	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£385,000	£2,059	1
2021	£112,500	£639	1
2019	£97,000		1
2016	£55,000	£335	1

House Type in SO31 6LN area

The most common house types in the SO31 6LN postcode area are Semi-detached (84), Detached (44), and Terraced (7).

Total	135
Semi-detached	84
Detached	44
Terraced	7
Flat	0
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 outright (68), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	60
Private rented: Private landlord or letting agency	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SO31 6LN have 2 people in household (62), and 1 person in household (24).

2 people in household	62
1 person in household	24
4 people in household	22
3 people in household	21
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0