Housing Market Analysis for TESTWOOD LANE, SO40 3BR

Are you looking to understand SO40 3BR 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 New Forest postcode.

For the location information and nearby amenities in the SO40 3BR area, explore the SO40 3BR Area information page.
For comprehensive crime statistics in the SO40 3BR area, explore the SO40 3BR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO40 3BR postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £238,840 median price is £264,000 Standard Deviation is £118,996 with Total Sold: 8
- The Last 5 Year average price is £358,333 with Total Sold: 3
- The most recent sale happened at this postcode is 72 TESTWOOD LANE: £375,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 68 TESTWOOD LANE: £68,000 (Sold on 26 Apr 1996)
Detached
- The average price is around £165,572 median price is £137,000 Standard Deviation is £91,384 with Total Sold: 9
- The Last 5 Year average price is £292,750 with Total Sold: 2
- The most recent sale happened at this postcode is 62 TESTWOOD LANE: £260,000 (Sold on 09 Sep 2021)
- The first recorded sale happened at this postcode is 107 TESTWOOD LANE: £137,000 (Sold on 28 Apr 1995)
Terraced
- The average price is around £179,833 median price is £119,500 Standard Deviation is £110,620 with Total Sold: 3
- The Last 5 Year average price is £335,000 with Total Sold: 1
- The most recent sale happened at this postcode is 78 TESTWOOD LANE: £335,000 (Sold on 04 Nov 2019)
- The first recorded sale happened at this postcode is 74 TESTWOOD LANE: £85,000 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 3BR 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	£387,500	£5,236	2
2019	£300,000	£3,333	1
2018	£293,000	£3,488	1
2015	£235,000	£3,176	1
2004	£167,724	£2,267	1
1997	£72,000	£800	1
1996	£68,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,000	£3,768	1
2019	£325,500	£3,014	1
2009	£210,000	£2,267	1
2006	£237,950		1
1999	£105,500		2
1998	£39,200		1
1995	£103,250	£734	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£335,000	£3,190	1
2000	£102,250		2

All the Sales in the TESTWOOD LANE, SO40 3BR

See the table below for more details on the sold house prices in the SO40 3BR, New Forest postcode.

Address	Sold Date	Price	% Change
72 TESTWOOD LANESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	28 Jul 2023	£375,000	-6.25%
	03 Apr 2023	£400,000	70.21%
	02 Apr 2015	£235,000	40.11%
	13 Aug 2004	£167,724	First Sale
62 TESTWOOD LANEDetached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	09 Sep 2021	£260,000	First Sale
78 TESTWOOD LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	04 Nov 2019	£335,000	First Sale
86 TESTWOOD LANEDetached, FreeholdArea: 108 Sq.mtrAge: 1950-1966	20 Sep 2019	£325,500	First Sale
66 TESTWOOD LANESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	20 Mar 2019	£300,000	316.67%
	27 Mar 1997	£72,000	First Sale
76 TESTWOOD LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	29 Jun 2018	£293,000	First Sale
64 TESTWOOD LANEDetached, FreeholdArea: 92.65 Sq.mtrAge: 1900-1929	24 Apr 2009	£210,000	202.16%
	08 Dec 1995	£69,500	First Sale
105 TESTWOOD LANEDetached, Freehold	06 Oct 2006	£237,950	First Sale
74 TESTWOOD LANETerraced, Freehold	01 Dec 2000	£119,500	40.59%
74 TESTWOOD LANETerraced, Freehold	30 Jun 2000	£85,000	First Sale
58 TESTWOOD LANEDetached, Freehold	26 Nov 1999	£95,000	142.35%
58 TESTWOOD LANEDetached, Freehold	16 Mar 1998	£39,200	First Sale
80 TESTWOOD LANEDetached, Freehold	08 Apr 1999	£116,000	First Sale
68 TESTWOOD LANESemi-Detached, Freehold	26 Apr 1996	£68,000	First Sale
107 TESTWOOD LANEDetached, FreeholdArea: 191 Sq.mtrAge: 1930-1949	28 Apr 1995	£137,000	First Sale

Check out the sold house prices near the SO40 3BR postcode. Properties currently for saleProperties currently for rent

TESTWOOD LANE, SO40 3BR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO40 3BR 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 SO40 3BR postcode.

Flat
- The average price is around £138,637 median price is £145,000 Standard Deviation is £52,604 with Total Sold: 429
- The Last 5 Year average price is £159,989 with Total Sold: 75
- The most recent sale happened at this postcode is FLAT 7, POPES COURT POPES LANE: £115,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 8, SPRINGDALE COURT, 16 WATER LANE: £41,500 (Sold on 18 Apr 1995)
Semi-Detached
- The average price is around £186,041 median price is £184,000 Standard Deviation is £91,946 with Total Sold: 600
- The Last 5 Year average price is £315,464 with Total Sold: 95
- The most recent sale happened at this postcode is , 18 TESTWOOD PLACE: £415,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 41 MORPETH AVENUE: £50,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £230,212 median price is £234,950 Standard Deviation is £104,734 with Total Sold: 403
- The Last 5 Year average price is £366,069 with Total Sold: 63
- The most recent sale happened at this postcode is , 2 ARUNDEL ROAD: £300,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 149 TESTWOOD LANE: £73,700 (Sold on 27 Feb 1995)
Other
- The average price is around £421,078 median price is £250,000 Standard Deviation is £557,992 with Total Sold: 23
- The Last 5 Year average price is £386,199 with Total Sold: 14
- The most recent sale happened at this postcode is , 14 WATER LANE: £130,000 (Sold on 11 Apr 2024)
- The first recorded sale happened at this postcode is , 6 COMMERCIAL ROAD: £20,000 (Sold on 07 Jul 2015)
Terraced
- The average price is around £168,886 median price is £169,000 Standard Deviation is £74,038 with Total Sold: 86
- The Last 5 Year average price is £268,222 with Total Sold: 9
- The most recent sale happened at this postcode is , 6 WATER LANE: £158,000 (Sold on 23 Aug 2022)
- The first recorded sale happened at this postcode is , 12 JENNINGS ROAD: £37,250 (Sold on 25 Oct 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,500		6
2023	£161,532	£3,385	14
2022	£157,063	£3,120	15
2021	£167,344	£5,618	16
2020	£143,383	£2,942	9
2019	£166,590	£3,225	15
2018	£164,500	£3,090	18
2017	£139,463	£2,860	15
2016	£166,033	£3,063	12
2015	£138,761	£2,765	19
2014	£113,627	£2,297	15
2013	£105,429	£2,441	14
2012	£144,027	£2,486	32
2011	£136,958	£2,644	6
2010	£126,242	£2,759	6
2009	£135,646	£2,595	13
2008	£182,848	£3,585	19
2007	£189,905	£4,166	80
2006	£118,682	£2,888	11
2005	£116,700	£2,534	10
2004	£106,650	£2,335	9
2003	£104,890	£1,931	5
2002	£86,772	£1,862	9
2001	£69,004	£1,536	25
2000	£47,733	£855	6
1999	£45,431	£1,021	8
1998	£44,893	£924	7
1997	£44,050	£867	5
1996	£36,975	£666	2
1995	£34,344	£780	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£364,625	£5,480	8
2023	£357,405	£4,236	11
2022	£315,605	£3,714	19
2021	£319,605	£3,598	30
2020	£265,115	£3,102	13
2019	£292,107	£3,572	14
2018	£284,980	£3,612	25
2017	£273,582	£3,055	26
2016	£251,364	£2,998	18
2015	£241,833	£2,856	15
2014	£242,406	£2,549	11
2013	£211,814	£2,355	25
2012	£212,923	£2,453	13
2011	£194,176	£2,387	17
2010	£202,776	£2,342	25
2009	£169,227	£2,094	11
2008	£178,895	£1,904	10
2007	£206,083	£2,343	21
2006	£182,450	£2,129	32
2005	£156,605	£1,958	22
2004	£165,322	£1,713	19
2003	£161,478	£1,742	25
2002	£132,018	£1,891	19
2001	£112,540	£1,246	24
2000	£104,046	£1,138	24
1999	£76,409	£916	30
1998	£76,397	£923	19
1997	£64,374	£670	31
1996	£56,594	£490	17
1995	£50,681	£599	26

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£368,833	£3,845	6
2023	£412,222	£4,018	9
2022	£453,845	£4,594	10
2021	£353,122	£3,699	16
2020	£342,050	£3,876	9
2019	£297,885	£3,656	13
2018	£351,300	£3,884	8
2017	£323,588	£3,885	17
2016	£320,372	£3,578	20
2015	£263,587	£3,608	15
2014	£263,406	£2,821	17
2013	£242,115	£2,595	14
2012	£239,857	£2,638	7
2011	£252,045	£2,667	11
2010	£251,450	£2,243	11
2009	£216,750	£2,245	16
2008	£248,033	£1,988	12
2007	£239,176	£2,204	19
2006	£216,168	£1,999	20
2005	£209,279	£2,215	14
2004	£204,190	£2,300	21
2003	£203,494	£2,138	9
2002	£167,762	£1,825	13
2001	£123,550	£1,127	10
2000	£126,500	£1,394	13
1999	£115,993	£1,176	22
1998	£95,838	£1,153	8
1997	£78,671	£790	14
1996	£67,728	£745	16
1995	£79,208	£887	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000		2
2023	£160,000		1
2022	£260,500	£3,300	4
2021	£680,250		4
2020	£305,000		2
2019	£493,790	£7,597	1
2018	£200,833		3
2017	£181,333	£2,911	3
2016	£1,555,750		2
2015	£20,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£217,500	£2,885	2
2021	£259,000	£3,170	3
2020	£206,000	£2,146	1
2019	£332,000	£3,142	3
2018	£220,667	£3,265	3
2017	£272,200	£2,981	5
2016	£227,000	£2,910	1
2015	£197,476	£2,648	2
2014	£210,000	£2,304	2
2012	£224,500	£2,358	10
2011	£162,000	£1,987	3
2009	£160,500	£1,750	2
2008	£174,972	£2,144	9
2007	£166,690	£2,085	5
2006	£169,167	£2,092	3
2005	£194,950		1
2004	£155,000		2
2003	£122,000	£1,992	4
2002	£151,000	£1,516	3
2001	£97,725	£1,268	4
2000	£102,250		2
1999	£84,000		2
1998	£87,500		3
1997	£55,125	£819	2
1996	£57,275	£606	8
1995	£37,250	£376	1

House Type in SO40 3BR area

The most common house types in the SO40 3BR postcode area are Detached (54), Semi-detached (45), and Terraced (25).

Total	144
Detached	54
Semi-detached	45
Terraced	25
Flat	19
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	48
Private rented: Private landlord or letting agency	16
Social rented: Other social rented	13
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SO40 3BR have 2 people in household (58), and 1 person in household (39).

2 people in household	58
1 person in household	39
3 people in household	24
4 people in household	13
5 people in household	5
6 people in household	4
7 people in household	1
0 people in household	0
8 or more people in household	0