Housing Market Analysis for MELVILLE GARDENS, SO31 7LG

Are you looking to understand SO31 7LG 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 7LG area, explore the SO31 7LG Area information page.
For comprehensive crime statistics in the SO31 7LG area, explore the SO31 7LG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO31 7LG postcode area, The average prices are as follows,

Terraced
- The average price is around £242,487 median price is £240,000 Standard Deviation is £39,895 with Total Sold: 31
- The Last 5 Year average price is £301,667 with Total Sold: 3
- The most recent sale happened at this postcode is 12 MELVILLE GARDENS: £240,000 (Sold on 03 Nov 2022)
- The first recorded sale happened at this postcode is 7 MELVILLE GARDENS: £195,000 (Sold on 15 Dec 2006)
Detached
- The average price is around £351,775 median price is £347,600 Standard Deviation is £63,677 with Total Sold: 8
- The Last 5 Year average price is £437,500 with Total Sold: 2
- The most recent sale happened at this postcode is 21 MELVILLE GARDENS: £500,000 (Sold on 21 Oct 2022)
- The first recorded sale happened at this postcode is 21 MELVILLE GARDENS: £347,200 (Sold on 14 Mar 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average SO31 7LG 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
2022	£295,000	£3,947	2
2021	£315,000	£3,000	1
2018	£247,500	£3,668	1
2017	£299,667	£3,732	3
2016	£238,500	£3,492	2
2015	£240,000	£2,820	2
2014	£249,850	£2,450	1
2013	£223,000	£2,065	1
2010	£237,500	£3,235	2
2007	£237,375	£3,064	6
2006	£213,650	£2,768	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£500,000	£4,545	1
2019	£375,000	£3,348	1
2015	£348,000	£3,164	1
2012	£270,000	£2,446	1
2007	£330,300	£3,058	4

All the Sales in the MELVILLE GARDENS, SO31 7LG

See the table below for more details on the sold house prices in the SO31 7LG, Fareham postcode.

Address	Sold Date	Price	% Change
12 MELVILLE GARDENSTerraced, FreeholdArea: 80.96 Sq.mtrAge: 2003-2006	03 Nov 2022	£240,000	12.28%
	20 Mar 2007	£213,750	First Sale
21 MELVILLE GARDENSDetached, FreeholdArea: 110 Sq.mtrAge: 2007 onwards	21 Oct 2022	£500,000	43.68%
	27 Nov 2015	£348,000	0.23%
	14 Mar 2007	£347,200	First Sale
19 MELVILLE GARDENSTerraced, FreeholdArea: 71 Sq.mtrAge: 2003-2006	21 Oct 2022	£350,000	32.08%
	10 Jul 2017	£265,000	12.77%
	27 Apr 2007	£235,000	First Sale
18 MELVILLE GARDENSTerraced, FreeholdArea: 105 Sq.mtrAge: 2007 onwards	26 May 2021	£315,000	1.61%
	31 Mar 2017	£310,000	15.67%
	30 Mar 2007	£268,000	First Sale
20 MELVILLE GARDENSDetached, FreeholdArea: 112 Sq.mtrAge: 1996-2002	19 Sep 2019	£375,000	17.19%
	05 Jun 2007	£320,000	First Sale
6 MELVILLE GARDENSTerraced, FreeholdArea: 67.48 Sq.mtrAge: 2003-2006	28 Sep 2018	£247,500	7.61%
	04 Dec 2015	£230,000	0.0
	20 Dec 2006	£230,000	First Sale
17 MELVILLE GARDENSTerraced, FreeholdArea: 71.81 Sq.mtrAge: 2003-2006	23 Nov 2017	£324,000	32.24%
	19 Aug 2010	£245,000	-1.01%
	30 Mar 2007	£247,500	First Sale
5 MELVILLE GARDENSTerraced, Freehold	25 Nov 2016	£250,000	13.38%
5 MELVILLE GARDENSTerraced, Freehold	18 Dec 2006	£220,500	First Sale
7 MELVILLE GARDENSTerraced, FreeholdArea: 65 Sq.mtrAge: 2003-2006	21 Jan 2016	£227,000	16.41%
	15 Dec 2006	£195,000	First Sale
9 MELVILLE GARDENSTerraced, FreeholdArea: 112 Sq.mtrAge: 2003-2006	09 Dec 2015	£250,000	0.0
	21 Dec 2006	£250,000	First Sale
10 MELVILLE GARDENSTerraced, FreeholdArea: 102 Sq.mtrAge: 2003-2006	21 Nov 2014	£249,850	1.15%
	21 Dec 2006	£247,000	First Sale
11 MELVILLE GARDENSTerraced, FreeholdArea: 108 Sq.mtrAge: 2003-2006	20 Sep 2013	£223,000	-14.23%
	21 Dec 2006	£260,000	First Sale
22 MELVILLE GARDENSDetached, FreeholdArea: 110.4 Sq.mtrAge: 2003-2006	16 Nov 2012	£270,000	-22.64%
	30 Mar 2007	£349,000	First Sale
16 MELVILLE GARDENSTerraced, FreeholdArea: 75.22 Sq.mtrAge: 2003-2006	26 Nov 2010	£230,000	0.0
	30 Mar 2007	£230,000	First Sale
23 MELVILLE GARDENSDetached, Freehold	16 Nov 2007	£305,000	First Sale
4 MELVILLE GARDENSTerraced, FreeholdArea: 68.08 Sq.mtrAge: 2007 onwards	23 Feb 2007	£230,000	First Sale
14 MELVILLE GARDENSTerraced, FreeholdArea: 68 Sq.mtrAge: 2003-2006	21 Dec 2006	£190,000	First Sale
15 MELVILLE GARDENSTerraced, FreeholdArea: 67 Sq.mtrAge: 2003-2006	21 Dec 2006	£200,000	First Sale
3 MELVILLE GARDENSTerraced, FreeholdArea: 58 Sq.mtrAge: 2003-2006	20 Dec 2006	£168,000	First Sale
8 MELVILLE GARDENSTerraced, Freehold	20 Dec 2006	£176,000	First Sale

Check out the sold house prices near the SO31 7LG postcode. Properties currently for saleProperties currently for rent

MELVILLE GARDENS, SO31 7LG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO31 7LG 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 7LG postcode.

Detached
- The average price is around £377,749 median price is £370,000 Standard Deviation is £185,172 with Total Sold: 493
- The Last 5 Year average price is £586,442 with Total Sold: 95
- The most recent sale happened at this postcode is , 1 ROSE BANK CLOSE: £640,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 12 STALYBRIDGE CLOSE: £90,500 (Sold on 25 Jan 1995)
Terraced
- The average price is around £201,679 median price is £214,995 Standard Deviation is £90,124 with Total Sold: 291
- The Last 5 Year average price is £300,326 with Total Sold: 46
- The most recent sale happened at this postcode is , 15 GLOUCESTER DRIVE: £335,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 10 LIND WAY: £49,995 (Sold on 13 Apr 1995)
Semi-Detached
- The average price is around £236,768 median price is £234,975 Standard Deviation is £119,190 with Total Sold: 398
- The Last 5 Year average price is £364,428 with Total Sold: 86
- The most recent sale happened at this postcode is , 37 PAINSWICK CLOSE: £411,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 18 WOODLANDS CLOSE: £62,000 (Sold on 17 Feb 1995)
Other
- The average price is around £654,655 median price is £557,500 Standard Deviation is £472,978 with Total Sold: 6
- The Last 5 Year average price is £605,586 with Total Sold: 5
- The most recent sale happened at this postcode is , 14 PINE WALK: £685,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is GROUND FLOOR PREMISES, WARWICK HOUSE BEACON BOTTOM: £900,000 (Sold on 14 Jun 2017)
Flat
- The average price is around £161,557 median price is £128,000 Standard Deviation is £76,965 with Total Sold: 37
- The Last 5 Year average price is £188,167 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 8, 1 MONTEFIORE DRIVE: £235,000 (Sold on 31 May 2022)
- The first recorded sale happened at this postcode is , 8 NEW INN COURT: £215,995 (Sold on 25 Nov 2005)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£592,857	£4,438	7
2023	£573,182	£4,468	11
2022	£631,824	£4,273	17
2021	£617,487	£4,390	30
2020	£570,408	£3,750	18
2019	£477,000	£3,673	12
2018	£509,875	£3,695	28
2017	£480,391	£3,604	28
2016	£465,305	£3,657	31
2015	£422,489	£3,015	19
2014	£388,754	£3,022	24
2013	£347,072	£2,998	20
2012	£393,254	£2,771	21
2011	£364,000	£2,768	4
2010	£307,828	£2,296	16
2009	£310,347	£3,049	17
2008	£332,500	£2,204	6
2007	£330,580	£2,708	20
2006	£324,905	£3,245	16
2005	£304,813	£2,245	11
2004	£316,250	£2,269	12
2003	£232,890	£2,042	5
2002	£257,808	£1,755	20
2001	£228,170	£1,568	21
2000	£250,898	£1,442	15
1999	£186,617	£1,033	12
1998	£116,648	£826	9
1997	£143,468	£793	17
1996	£95,977	£835	13
1995	£103,656	£747	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,000		5
2023	£290,500	£4,406	2
2022	£336,867	£4,455	15
2021	£270,125	£3,856	12
2020	£277,000	£4,207	5
2019	£277,071	£3,576	7
2018	£259,173	£3,201	11
2017	£303,150	£3,722	10
2016	£285,848	£3,784	23
2015	£234,509	£2,783	16
2014	£231,586	£2,724	15
2013	£198,742	£2,208	6
2012	£144,000	£1,886	1
2011	£188,333	£2,255	3
2010	£225,612	£2,781	8
2009	£210,030	£3,767	12
2008	£193,167	£2,788	3
2007	£209,482	£2,685	14
2006	£216,186	£2,577	24
2005	£172,944	£2,131	9
2004	£154,071	£1,843	11
2003	£149,417	£1,932	12
2002	£131,500	£1,811	4
2001	£120,556	£1,475	7
2000	£88,206	£1,237	7
1999	£68,484	£964	10
1998	£73,536	£915	7
1997	£65,000	£801	8
1996	£65,527	£871	13
1995	£60,036	£726	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£388,643	£3,802	7
2023	£354,438	£4,109	8
2022	£395,545	£4,263	11
2021	£376,698	£3,815	27
2020	£324,000	£3,572	15
2019	£355,719	£3,246	18
2018	£318,450	£3,742	10
2017	£339,369	£4,094	23
2016	£357,474	£3,840	19
2015	£274,134	£3,058	13
2014	£243,471	£3,008	17
2013	£270,676	£2,401	17
2012	£247,862	£2,337	8
2011	£245,217	£2,406	9
2010	£219,400	£2,550	5
2009	£206,265	£3,072	22
2008	£229,833	£2,740	6
2007	£227,383	£2,573	9
2006	£221,988	£2,218	19
2005	£189,167	£2,029	12
2004	£172,111	£1,656	9
2003	£160,190	£1,899	10
2002	£142,758	£1,331	12
2001	£123,488	£1,204	15
2000	£101,306	£1,140	8
1999	£86,692	£1,058	18
1998	£88,697	£1,015	15
1997	£84,167	£758	12
1996	£67,996	£703	13
1995	£68,841	£713	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£557,500	£5,394	2
2022	£1,525,000		1
2021	£37,929		1
2019	£350,000		1
2017	£900,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£235,000	£3,852	1
2021	£104,500	£1,564	1
2020	£225,000	£2,650	1
2018	£208,136	£3,085	10
2017	£282,498	£4,154	2
2016	£93,500	£1,399	1
2015	£138,750	£2,119	2
2014	£125,500	£2,837	3
2013	£101,500	£2,017	2
2012	£72,500	£1,085	1
2010	£38,750	£580	1
2009	£124,000	£2,176	5
2007	£124,750	£2,807	4
2006	£199,995	£3,284	1
2005	£192,995	£2,591	2

House Type in SO31 7LG area

The most common house types in the SO31 7LG postcode area are Terraced (49), Semi-detached (25), and Flat (25).

Total	119
Terraced	49
Semi-detached	25
Flat	25
Detached	19
Shared house	1
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 (37), and Social rented: Other social rented (28).

Owned: Owns with a mortgage or loan	37
Social rented: Other social rented	28
Social rented: Rents from council or Local Authority	27
Owned: Owns outright	19
Private rented: Private landlord or letting agency	11
Private rented: Other private 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 SO31 7LG have 2 people in household (37), and 1 person in household (27).

2 people in household	37
1 person in household	27
3 people in household	25
4 people in household	15
5 people in household	10
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0