Housing Market Analysis for MARTINS LANE, SO40 7GZ

Are you looking to understand SO40 7GZ 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 7GZ area, explore the SO40 7GZ Area information page.
For comprehensive crime statistics in the SO40 7GZ area, explore the SO40 7GZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO40 7GZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £521,667 median price is £482,500 Standard Deviation is £200,222 with Total Sold: 6
    • The Last 5 Year average price is £930,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FOREST MEADOW MARTINS LANE: £930,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is MELWOOD HOUSE MARTINS LANE: £450,000 (Sold on 15 Dec 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 7GZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£930,000 £5,082 1
2013£407,500 £2,925 2
2010£550,0001
2007£385,000 £2,104 1
2006£450,0001

All the Sales in the MARTINS LANE, SO40 7GZ

See the table below for more details on the sold house prices in the SO40 7GZ, New Forest postcode.

AddressSold DatePrice% Change
FOREST MEADOW MARTINS LANEDetached, FreeholdArea: 183 Sq.mtrAge: 1950-196622 Jul 2022£930,000141.56%
12 Nov 2007£385,000First Sale
PLACE HOUSE MARTINS LANEDetached, FreeholdArea: 140.68 Sq.mtrAge: 1967-197515 Feb 2013£515,000First Sale
LILRAINE MARTINS LANEDetached, FreeholdArea: 137 Sq.mtrAge: 1950-196608 Feb 2013£300,000First Sale
MELWOOD HOUSE MARTINS LANEDetached, Freehold01 Mar 2010£550,00022.22%
15 Dec 2006£450,000First Sale

Check out the sold house prices near the SO40 7GZ postcode. Properties currently for saleProperties currently for rent

MARTINS LANE, SO40 7GZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO40 7GZ 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 7GZ postcode.

  • Detached
    • The average price is around £418,170 median price is £395,000 Standard Deviation is £217,928 with Total Sold: 107
    • The Last 5 Year average price is £585,219 with Total Sold: 16
    • The most recent sale happened at this postcode is , 4 SHEPHERDS CLOSE: £450,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 BOURNE LANE: £172,500 (Sold on 01 Mar 1995)
  • Terraced
    • The average price is around £227,782 median price is £185,000 Standard Deviation is £128,059 with Total Sold: 14
    • The Last 5 Year average price is £486,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 8 PURKISS CLOSE: £382,000 (Sold on 27 Sep 2023)
    • The first recorded sale happened at this postcode is , CALTHORPE HOUSE SHEPHERDS ROAD: £95,000 (Sold on 30 Jun 1997)
  • Semi-Detached
    • The average price is around £228,116 median price is £216,000 Standard Deviation is £136,424 with Total Sold: 53
    • The Last 5 Year average price is £463,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 SHEPHERDS CLOSE: £391,000 (Sold on 25 Aug 2023)
    • The first recorded sale happened at this postcode is 1, BARTLEY MOUNT COTTAGE SHEPHERDS ROAD: £85,000 (Sold on 04 Aug 1995)
  • Other
    • The average price is around £885,000 median price is £1,100,000 Standard Deviation is £289,655 with Total Sold: 5
    • The Last 5 Year average price is £800,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MARTINS FARM SHEPHERDS ROAD: £1,150,000 (Sold on 23 Feb 2022)
    • The first recorded sale happened at this postcode is , BROADBRIDGE FARM ROSSITERS LANE: £625,000 (Sold on 17 May 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£975,000 £4,803 1
2022£678,750 £5,854 4
2021£627,500 £6,406 4
2020£440,700 £4,107 5
2019£510,000 £4,722 1
2018£957,500 £4,489 2
2017£645,250 £5,727 4
2016£530,000 £3,469 4
2015£508,333 £5,377 3
2014£477,625 £3,919 4
2013£442,143 £3,110 7
2012£335,167 £3,352 6
2011£602,500 £4,863 4
2010£572,350 £3,741 4
2009£487,500 £4,168 2
2007£500,833 £2,711 3
2006£391,929 £3,034 7
2005£447,5003
2004£393,100 £2,635 5
2003£303,6673
2002£283,500 £1,266 5
2001£305,250 £2,446 4
2000£218,042 £1,747 6
1999£139,000 £1,427 3
1998£163,667 £871 3
1997£126,667 £1,131 3
1996£145,375 £1,222 4
1995£133,750 £905 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£486,000 £5,753 2
2016£340,000 £4,595 1
2014£217,000 £2,782 1
2013£235,000 £2,374 1
2007£210,0001
2005£160,000 £2,078 1
2004£189,9833
2001£112,0001
1999£154,0001
1998£124,0001
1997£95,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£391,000 £4,031 1
2022£700,000 £4,903 1
2021£452,500 £4,448 2
2020£492,000 £5,551 1
2019£295,000 £4,836 1
2018£297,500 £3,673 1
2017£335,000 £4,085 1
2016£300,667 £3,580 3
2015£301,000 £3,230 3
2013£334,167 £2,931 3
2011£270,000 £3,312 2
2010£200,000 £2,681 1
2009£317,500 £2,345 2
2008£308,000 £2,750 1
2007£218,000 £2,451 2
2006£210,0001
2005£243,500 £2,349 2
2004£175,0001
2003£241,000 £1,939 2
2002£150,0001
2001£149,500 £2,885 3
1999£107,988 £1,117 4
1998£139,333 £1,447 3
1997£74,425 £785 4
1996£94,200 £814 5
1995£88,500 £1,090 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,150,000 £11,207 1
2020£450,0001
2017£1,100,000 £3,470 2
2016£625,000 £6,443 1

House Type in SO40 7GZ area

The most common house types in the SO40 7GZ postcode area are Detached (88), Semi-detached (19), and temporary structure (8).

Total119
Detached88
Semi-detached19
temporary structure8
Terraced4
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright76
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency8
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the SO40 7GZ have 2 people in household (55), and 1 person in household (27).

2 people in household55
1 person in household27
4 people in household23
3 people in household14
6 people in household4
5 people in household3
7 people in household1
0 people in household0
8 or more people in household0