Housing Market Analysis for CHEAM WAY, SO40 3PJ

Are you looking to understand SO40 3PJ 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 3PJ area, explore the SO40 3PJ Area information page.
For comprehensive crime statistics in the SO40 3PJ area, explore the SO40 3PJ Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £158,462 median price is £166,250 Standard Deviation is £66,943 with Total Sold: 26
- The Last 5 Year average price is £235,250 with Total Sold: 4
- The most recent sale happened at this postcode is 13 CHEAM WAY: £250,000 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is 45 CHEAM WAY: £43,500 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £160,366 median price is £164,950 Standard Deviation is £6,519 with Total Sold: 3
- The most recent sale happened at this postcode is 17 CHEAM WAY: £151,147 (Sold on 28 Oct 2016)
- The first recorded sale happened at this postcode is 17 CHEAM WAY: £164,950 (Sold on 29 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 3PJ 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
2023	£250,000	£3,846	1
2022	£250,000	£4,545	1
2021	£216,000	£3,857	1
2020	£225,000	£3,409	1
2017	£208,000	£3,544	3
2016	£215,000	£2,829	1
2015	£178,500	£2,660	2
2014	£170,000	£2,931	1
2013	£161,250	£2,908	2
2011	£195,500	£2,324	2
2005	£169,000	£2,309	3
2004	£152,500		1
2003	£124,000	£2,218	1
1999	£56,500	£1,017	2
1998	£59,500	£915	1
1997	£50,000	£807	2
1995	£43,500	£750	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2016	£151,147	1
2006	£165,000	1
2004	£164,950	1

All the Sales in the CHEAM WAY, SO40 3PJ

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

Address	Sold Date	Price	% Change
13 CHEAM WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1950-1966	17 Feb 2023	£250,000	320.17%
13 CHEAM WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1950-1966	01 May 1998	£59,500	First Sale
29 CHEAM WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1930-1949	24 Jun 2022	£250,000	28.21%
	10 Mar 2017	£195,000	21.88%
	26 Apr 2013	£160,000	255.56%
	03 Aug 1999	£45,000	First Sale
37 CHEAM WAYTerraced, FreeholdArea: 56 Sq.mtrAge: 1950-1966	09 Sep 2021	£216,000	First Sale
27 CHEAM WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	17 Dec 2020	£225,000	4.65%
	07 Sep 2017	£215,000	22.86%
	24 Apr 2015	£175,000	34.62%
	14 Oct 2005	£130,000	First Sale
11 CHEAM WAYTerraced, FreeholdArea: 55.9 Sq.mtrAge: 1930-1949	08 Dec 2017	£214,000	31.69%
	01 Oct 2013	£162,500	9.80%
	14 Sep 2005	£148,000	19.35%
	17 Jan 2003	£124,000	82.35%
	08 Oct 1999	£68,000	47.83%
	10 Mar 1997	£46,000	First Sale
17 CHEAM WAYSemi-Detached, Freehold	28 Oct 2016	£151,147	-8.40%
	04 Oct 2006	£165,000	0.03%
	29 Sep 2004	£164,950	First Sale
31 CHEAM WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	26 Feb 2016	£215,000	First Sale
43 CHEAM WAYTerraced, FreeholdArea: 68.2 Sq.mtrAge: 1930-1949	23 Apr 2015	£182,000	14.83%
	28 Aug 2011	£158,500	193.52%
	22 Aug 1997	£54,000	First Sale
45 CHEAM WAYTerraced, FreeholdArea: 58 Sq.mtrAge: 1930-1949	16 Jul 2014	£170,000	290.80%
45 CHEAM WAYTerraced, FreeholdArea: 58 Sq.mtrAge: 1930-1949	30 Jun 1995	£43,500	First Sale
47 CHEAM WAYTerraced, Freehold	24 Feb 2011	£232,500	1.53%
	13 Jun 2005	£229,000	50.16%
	11 Mar 2004	£152,500	First Sale

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

CHEAM WAY, SO40 3PJ Near By properties

Interactive Map

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

Detached
- The average price is around £229,274 median price is £230,000 Standard Deviation is £106,753 with Total Sold: 782
- The Last 5 Year average price is £378,893 with Total Sold: 110
- The most recent sale happened at this postcode is , 1 HAWKERS CLOSE: £340,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 24 SYLVIA CRESCENT: £63,000 (Sold on 31 Jan 1995)
Terraced
- The average price is around £154,758 median price is £156,000 Standard Deviation is £72,292 with Total Sold: 730
- The Last 5 Year average price is £252,935 with Total Sold: 104
- The most recent sale happened at this postcode is , 8 TREAGORE ROAD: £370,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 72 EWELL WAY: £45,500 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £175,841 median price is £168,000 Standard Deviation is £87,146 with Total Sold: 629
- The Last 5 Year average price is £300,950 with Total Sold: 102
- The most recent sale happened at this postcode is , 2 HERONS WOOD: £259,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 11 BY THE WOOD: £53,900 (Sold on 06 Jan 1995)
Flat
- The average price is around £112,907 median price is £117,500 Standard Deviation is £51,087 with Total Sold: 254
- The Last 5 Year average price is £161,427 with Total Sold: 39
- The most recent sale happened at this postcode is , 19 OLD DAIRY CLOSE: £94,500 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 63 TREAGORE ROAD: £44,500 (Sold on 06 Jan 1995)
Other
- The average price is around £2,248,350 median price is £252,500 Standard Deviation is £5,912,310 with Total Sold: 10
- The Last 5 Year average price is £382,500 with Total Sold: 6
- The most recent sale happened at this postcode is , 63 TREAGORE ROAD: £245,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , TESTWOOD HOTEL SALSBURY ROAD: £19,972,500 (Sold on 29 Jan 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£417,818	£4,622	11
2023	£391,800	£4,734	10
2022	£428,711	£4,804	19
2021	£364,955	£4,394	28
2020	£368,041	£3,679	23
2019	£333,421	£4,082	19
2018	£332,567	£4,133	15
2017	£317,576	£3,292	19
2016	£317,904	£3,662	27
2015	£293,887	£3,132	23
2014	£279,027	£3,099	29
2013	£254,064	£2,827	40
2012	£235,832	£2,774	30
2011	£246,767	£2,700	15
2010	£231,200	£2,785	10
2009	£229,829	£2,435	19
2008	£236,604	£2,030	12
2007	£244,685	£2,282	43
2006	£227,559	£2,577	39
2005	£230,233	£2,165	25
2004	£248,510	£2,251	55
2003	£211,294	£2,122	37
2002	£144,711	£1,457	49
2001	£144,232	£1,609	31
2000	£125,634	£1,282	29
1999	£99,912	£1,019	29
1998	£102,104	£1,045	24
1997	£86,639	£1,046	22
1996	£73,089	£944	27
1995	£70,838	£793	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,429	£3,867	7
2023	£265,625	£3,432	22
2022	£273,438	£3,767	16
2021	£250,667	£3,283	24
2020	£241,111	£3,091	18
2019	£224,497	£3,240	17
2018	£235,144	£3,021	24
2017	£226,963	£2,949	27
2016	£215,976	£2,984	21
2015	£198,964	£2,697	33
2014	£189,877	£2,414	30
2013	£172,248	£2,197	20
2012	£169,431	£2,382	16
2011	£171,206	£2,343	24
2010	£166,230	£2,099	28
2009	£152,675	£1,946	14
2008	£174,259	£2,068	17
2007	£171,458	£2,241	33
2006	£155,318	£1,943	31
2005	£150,428	£2,119	23
2004	£142,125	£2,069	29
2003	£135,411	£1,724	33
2002	£104,702	£1,313	29
2001	£90,602	£1,195	26
2000	£77,081	£1,130	27
1999	£67,995	£940	37
1998	£59,863	£804	31
1997	£52,230	£672	24
1996	£51,631	£650	27
1995	£48,382	£590	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£324,373	£3,788	11
2023	£317,250	£3,819	12
2022	£334,945	£4,092	21
2021	£303,543	£3,493	22
2020	£265,967	£3,135	15
2019	£267,640	£3,244	21
2018	£288,559	£3,226	16
2017	£261,463	£3,211	15
2016	£252,652	£3,107	22
2015	£215,962	£2,688	21
2014	£201,959	£2,764	17
2013	£200,158	£2,272	19
2012	£194,293	£2,242	14
2011	£191,554	£2,140	12
2010	£189,775	£2,219	16
2009	£184,692	£2,110	20
2008	£185,126	£2,428	17
2007	£189,474	£2,496	21
2006	£177,274	£2,006	23
2005	£171,285	£1,966	35
2004	£160,610	£1,982	25
2003	£152,311	£1,830	19
2002	£123,474	£1,610	36
2001	£107,044	£1,183	33
2000	£100,615	£863	15
1999	£79,288	£925	41
1998	£67,768	£837	19
1997	£62,248	£661	25
1996	£59,412	£653	20
1995	£54,323	£568	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,750		2
2023	£169,750	£3,352	12
2022	£165,075	£3,186	6
2021	£175,750	£3,833	4
2020	£147,371	£2,994	7
2019	£168,012	£3,190	8
2018	£177,333	£3,386	6
2017	£174,250	£3,196	4
2016	£155,778	£2,927	9
2015	£143,234	£2,939	16
2014	£132,333	£2,391	6
2013	£124,188	£2,403	8
2012	£120,000	£2,218	4
2011	£111,000	£2,372	2
2010	£129,250	£2,399	13
2009	£87,000	£2,231	1
2008	£113,900	£2,389	5
2007	£137,804	£2,603	12
2006	£123,541	£2,341	11
2005	£113,859	£2,400	11
2004	£146,795	£2,581	20
2003	£95,667	£2,199	12
2002	£82,729	£1,988	7
2001	£58,894	£1,441	18
2000	£60,990	£1,166	5
1999	£45,750	£1,081	8
1998	£40,800	£1,009	14
1997	£40,844	£867	8
1996	£37,064	£813	7
1995	£35,656	£848	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,000	£4,834	1
2023	£260,000		1
2022	£235,000		2
2019	£660,000		2
2018	£103,000	£2,193	2
2017	£10,000		1
2015	£19,972,500		1

House Type in SO40 3PJ area

The most common house types in the SO40 3PJ postcode area are Detached (76), Terraced (41), and Semi-detached (7).

Total	124
Detached	76
Terraced	41
Semi-detached	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 (70), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	26
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	5
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the SO40 3PJ have 2 people in household (55), and 1 person in household (35).

2 people in household	55
1 person in household	35
3 people in household	17
4 people in household	11
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0