Housing Market Analysis for REED DRIVE, SO40 4YF

Are you looking to understand SO40 4YF 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 4YF area, explore the SO40 4YF Area information page.
For comprehensive crime statistics in the SO40 4YF area, explore the SO40 4YF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO40 4YF postcode area, The average prices are as follows,

Detached
- The average price is around £182,994 median price is £119,000 Standard Deviation is £104,317 with Total Sold: 9
- The Last 5 Year average price is £328,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 REED DRIVE: £347,000 (Sold on 21 Mar 2022)
- The first recorded sale happened at this postcode is 41 REED DRIVE: £81,500 (Sold on 02 Jun 1995)
Semi-Detached
- The average price is around £129,831 median price is £111,750 Standard Deviation is £66,570 with Total Sold: 18
- The most recent sale happened at this postcode is 25 REED DRIVE: £249,950 (Sold on 15 Feb 2017)
- The first recorded sale happened at this postcode is 45 REED DRIVE: £78,500 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 4YF 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£347,000	£4,627	1
2019	£310,000	£4,493	1
2016	£275,000	£3,056	1
2006	£248,000		1
2001	£117,500	£1,588	2
1998	£82,500	£1,100	1
1997	£67,950	£931	1
1995	£81,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£249,950	£3,731	1
2014	£213,500	£3,144	2
2006	£180,500	£2,776	2
2005	£186,000	£2,095	3
2002	£62,500	£906	1
2001	£56,000	£812	1
2000	£103,000	£1,470	3
1998	£65,000	£1,083	1
1997	£57,000		1
1996	£61,500	£891	1
1995	£65,000	£650	2

All the Sales in the REED DRIVE, SO40 4YF

See the table below for more details on the sold house prices in the SO40 4YF, New Forest postcode.

Address	Sold Date	Price	% Change
15 REED DRIVEDetached, FreeholdArea: 75 Sq.mtrAge: 1991-1995	21 Mar 2022	£347,000	191.60%
	23 Jul 2001	£119,000	44.24%
	06 Nov 1998	£82,500	First Sale
3 REED DRIVEDetached, FreeholdArea: 69 Sq.mtrAge: 1983-1990	22 Nov 2019	£310,000	First Sale
25 REED DRIVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1991-1995	15 Feb 2017	£249,950	34.38%
	19 Jul 2006	£186,000	88.83%
	30 Jun 2000	£98,500	First Sale
17 REED DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	31 Mar 2016	£275,000	First Sale
23 REED DRIVESemi-Detached, FreeholdArea: 79.23 Sq.mtrAge: 1976-1982	10 Sep 2014	£205,000	23.49%
	17 Jun 2005	£166,000	222.33%
	21 Dec 1995	£51,500	First Sale
27 REED DRIVESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-1990	25 Jun 2014	£222,000	241.54%
	11 Sep 1998	£65,000	First Sale
41 REED DRIVEDetached, Freehold	03 Oct 2006	£248,000	204.29%
41 REED DRIVEDetached, Freehold	02 Jun 1995	£81,500	First Sale
29 REED DRIVESemi-Detached, Freehold	17 Feb 2006	£175,000	207.02%
29 REED DRIVESemi-Detached, Freehold	31 Jan 1997	£57,000	First Sale
37 REED DRIVESemi-Detached, Freehold	30 Mar 2005	£192,000	124.56%
37 REED DRIVESemi-Detached, Freehold	21 Jan 2000	£85,500	First Sale
35 REED DRIVESemi-Detached, Freehold	30 Mar 2005	£200,000	60.00%
35 REED DRIVESemi-Detached, Freehold	28 Jan 2000	£125,000	First Sale
31 REED DRIVESemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1983-1990	05 Jul 2002	£62,500	11.61%
	18 Jun 2001	£56,000	-8.94%
	26 Jun 1996	£61,500	First Sale
19 REED DRIVEDetached, FreeholdArea: 73 Sq.mtrAge: 1983-1990	30 Nov 2001	£116,000	70.71%
	02 May 1997	£67,950	First Sale
45 REED DRIVESemi-Detached, Freehold	28 Jul 1995	£78,500	First Sale

Check out the sold house prices near the SO40 4YF postcode. Properties currently for saleProperties currently for rent

REED DRIVE, SO40 4YF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO40 4YF 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 4YF postcode.

Terraced
- The average price is around £141,415 median price is £138,500 Standard Deviation is £78,367 with Total Sold: 821
- The Last 5 Year average price is £241,475 with Total Sold: 109
- The most recent sale happened at this postcode is , 7 VILLAGE MEWS: £230,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 2 PEBBLE COURT: £38,750 (Sold on 06 Jan 1995)
Detached
- The average price is around £226,170 median price is £228,000 Standard Deviation is £116,375 with Total Sold: 684
- The Last 5 Year average price is £403,228 with Total Sold: 98
- The most recent sale happened at this postcode is , 9 TANGLEWOOD: £420,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 14 THE ROWANS: £89,250 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £156,373 median price is £144,700 Standard Deviation is £89,449 with Total Sold: 464
- The Last 5 Year average price is £310,753 with Total Sold: 43
- The most recent sale happened at this postcode is , 5 RIPPLEWOOD: £250,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 9 SHELL COURT: £38,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £91,582 median price is £95,000 Standard Deviation is £43,179 with Total Sold: 258
- The Last 5 Year average price is £143,576 with Total Sold: 33
- The most recent sale happened at this postcode is , 4 DAPPLE PLACE: £155,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is , 32 EVERGREEN CLOSE: £32,200 (Sold on 06 Jan 1995)
Other
- The average price is around £227,948 median price is £172,500 Standard Deviation is £214,735 with Total Sold: 6
- The Last 5 Year average price is £217,167 with Total Sold: 3
- The most recent sale happened at this postcode is , 1 DRAKE CLOSE: £450,000 (Sold on 15 Aug 2022)
- The first recorded sale happened at this postcode is LAND AT, MARCHWOOD INDUSTRIAL PARK NORMANDY WAY: £1,188 (Sold on 18 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,100	£4,765	10
2023	£246,447	£4,580	19
2022	£265,976	£4,470	23
2021	£216,722	£4,056	20
2020	£226,819	£4,233	16
2019	£225,536	£3,825	21
2018	£222,360	£3,908	20
2017	£214,675	£3,786	14
2016	£196,556	£3,537	33
2015	£190,009	£3,169	33
2014	£161,572	£3,193	27
2013	£156,875	£2,892	26
2012	£156,304	£2,802	28
2011	£150,673	£2,588	15
2010	£158,107	£2,730	22
2009	£157,188	£2,638	21
2008	£161,624	£2,667	8
2007	£161,818	£2,640	28
2006	£182,829	£3,443	39
2005	£142,257	£2,573	27
2004	£140,501	£2,585	36
2003	£128,923	£2,266	28
2002	£116,016	£1,988	38
2001	£87,479	£1,615	56
2000	£81,004	£1,362	37
1999	£67,672	£1,176	41
1998	£60,651	£1,170	31
1997	£53,558	£948	39
1996	£53,191	£829	29
1995	£46,131	£826	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£373,125	£3,832	4
2023	£454,747	£4,421	15
2022	£428,885	£4,446	24
2021	£417,168	£3,698	23
2020	£354,083	£3,677	12
2019	£353,275	£3,511	20
2018	£344,759	£3,660	17
2017	£308,571	£3,421	14
2016	£318,075	£3,373	26
2015	£299,764	£3,113	16
2014	£272,133	£2,713	15
2013	£267,393	£2,579	14
2012	£261,607	£2,447	14
2011	£270,066	£2,605	22
2010	£248,173	£2,385	22
2009	£247,330	£2,231	23
2008	£250,188	£2,383	13
2007	£238,056	£2,700	16
2006	£265,509	£2,482	22
2005	£241,606	£2,343	17
2004	£226,632	£2,332	28
2003	£216,532	£2,138	34
2002	£185,488	£1,860	31
2001	£156,033	£1,592	38
2000	£147,647	£1,393	39
1999	£106,278	£1,030	36
1998	£101,824	£984	36
1997	£90,556	£919	35
1996	£79,682	£745	31
1995	£76,765	£730	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,500		2
2023	£349,768	£4,253	11
2022	£311,227	£4,100	11
2021	£345,214	£4,219	7
2020	£257,990	£3,733	5
2019	£271,429	£3,687	7
2018	£323,840	£3,389	10
2017	£272,629	£3,332	7
2016	£231,019	£3,429	8
2015	£249,875	£2,952	4
2014	£224,968	£2,830	11
2013	£204,715	£2,673	13
2012	£190,000	£2,350	7
2011	£207,667	£2,170	3
2010	£208,769	£2,508	16
2009	£164,479	£2,594	14
2008	£186,227	£2,947	11
2007	£193,532	£2,751	19
2006	£174,096	£2,510	28
2005	£167,079	£2,390	17
2004	£169,719	£2,228	21
2003	£157,352	£2,276	28
2002	£127,027	£1,798	31
2001	£104,523	£1,515	29
2000	£90,281	£1,406	26
1999	£79,378	£1,095	21
1998	£64,029	£984	25
1997	£63,768	£927	31
1996	£63,780	£818	23
1995	£57,225	£742	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£164,500		2
2023	£134,917	£3,421	6
2022	£164,167	£3,952	6
2021	£141,750	£4,097	6
2020	£129,500	£3,429	7
2019	£142,917	£3,439	6
2018	£142,643	£3,690	7
2017	£127,667	£3,644	12
2016	£130,781	£3,687	8
2015	£119,571	£3,208	7
2014	£120,643	£2,816	7
2013	£123,500	£2,877	4
2012	£86,500	£1,993	2
2011	£112,125	£3,052	4
2010	£110,421	£2,793	7
2009	£115,333	£2,542	3
2008	£125,244	£3,058	10
2007	£126,742	£3,244	6
2006	£103,127	£3,074	11
2005	£109,556	£2,885	8
2004	£100,420	£2,583	15
2003	£97,412	£2,386	12
2002	£67,871	£2,015	14
2001	£60,377	£1,625	11
2000	£54,104	£1,391	13
1999	£41,591	£1,123	22
1998	£42,010	£1,001	15
1997	£32,386	£901	14
1996	£28,167	£822	6
1995	£30,457	£901	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£4,891	1
2021	£200,000	£3,390	1
2020	£1,500	£8	1
2018	£145,000	£2,900	1
2017	£570,000		1
2013	£1,188		1

House Type in SO40 4YF area

The most common house types in the SO40 4YF postcode area are Detached (73), Semi-detached (59), and Terraced (7).

Total	140
Detached	73
Semi-detached	59
Terraced	7
Flat	1
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 (64), and Owned: Owns with a mortgage or loan (64).

Owned: Owns outright	64
Owned: Owns with a mortgage or loan	64
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SO40 4YF have 2 people in household (55), and 3 people in household (33).

2 people in household	55
3 people in household	33
1 person in household	26
4 people in household	25
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0