Housing Market Analysis for MILL WAY, SO40 7JF

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

Overview of Sold House prices

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

Detached
- The average price is around £268,174 median price is £254,975 Standard Deviation is £118,564 with Total Sold: 30
- The Last 5 Year average price is £420,478 with Total Sold: 6
- The most recent sale happened at this postcode is 44 MILL WAY: £555,000 (Sold on 28 Apr 2023)
- The first recorded sale happened at this postcode is 40 MILL WAY: £416,370 (Sold on 19 Apr 2024)
Terraced
- The average price is around £168,303 median price is £162,000 Standard Deviation is £72,024 with Total Sold: 43
- The Last 5 Year average price is £277,100 with Total Sold: 5
- The most recent sale happened at this postcode is 49 MILL WAY: £350,500 (Sold on 05 Aug 2022)
- The first recorded sale happened at this postcode is 14 MILL WAY: £70,000 (Sold on 27 May 1997)
Semi-Detached
- The average price is around £185,932 median price is £199,000 Standard Deviation is £85,901 with Total Sold: 25
- The Last 5 Year average price is £321,333 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MILL WAY: £340,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 33 MILL WAY: £57,950 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 7JF 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
2023	£555,000	£4,868	1
2022	£366,000	£4,575	1
2021	£395,000	£3,459	2
2020	£395,500	£4,120	1
2018	£365,000	£3,380	1
2017	£354,950	£3,466	1
2016	£315,375	£2,445	2
2015	£365,000	£3,280	2
2013	£259,950	£2,708	1
2011	£245,000	£2,526	1
2009	£239,950	£2,343	1
2008	£337,000		1
2007	£215,000	£3,277	1
2005	£305,000	£2,364	1
2003	£231,333	£2,217	3
2002	£223,000		1
2001	£195,000		1
2000	£144,500	£1,411	1
1999	£100,938	£1,172	4
1997	£92,500	£954	1
1996	£87,000	£640	1
2024	£416,370		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£320,250	£5,333	2
2019	£248,333	£4,056	3
2018	£273,000	£4,136	1
2017	£260,000	£4,000	1
2016	£308,000	£3,121	1
2015	£269,950		1
2013	£205,667	£2,729	3
2012	£173,900	£3,134	2
2011	£186,000	£3,081	2
2010	£194,200	£2,988	1
2008	£143,000	£2,600	1
2007	£173,983	£2,993	3
2006	£153,500	£2,791	2
2005	£162,875	£2,656	4
2004	£145,500	£2,656	2
2003	£140,000	£2,566	1
2002	£126,125	£2,020	4
2001	£89,000	£1,618	1
2000	£96,000		1
1999	£67,150	£1,214	3
1998	£67,850	£936	2
1997	£64,250	£1,009	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£321,000	£4,116	2
2019	£322,000	£4,909	1
2018	£316,000	£3,582	2
2013	£225,000	£3,430	1
2011	£207,500	£3,144	1
2010	£211,000	£3,183	2
2009	£190,000	£1,847	1
2008	£210,000		1
2006	£199,667	£2,042	3
2004	£175,000	£2,129	2
2003	£167,500	£2,538	1
2002	£137,475	£2,100	2
1999	£77,000	£1,167	1
1998	£74,000	£1,121	1
1996	£67,700	£888	2
1995	£59,975	£902	2

All the Sales in the MILL WAY, SO40 7JF

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

Address	Sold Date	Price	% Change
44 MILL WAYDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	28 Apr 2023	£555,000	122.00%
44 MILL WAYDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	11 Jun 2003	£250,000	First Sale
5 MILL WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1991-1995	18 Nov 2022	£366,000	303.31%
5 MILL WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1991-1995	29 Jan 1999	£90,750	First Sale
49 MILL WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1983-1990	05 Aug 2022	£350,500	34.81%
	30 Jun 2017	£260,000	33.88%
	22 Jan 2010	£194,200	29.51%
	29 Nov 2002	£149,950	First Sale
2 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	13 May 2022	£290,000	73.65%
	14 Oct 2011	£167,000	5.03%
	26 May 2006	£159,000	78.65%
	08 Jun 2001	£89,000	28.99%
	30 Apr 1999	£69,000	11.83%
	13 Mar 1998	£61,700	First Sale
4 MILL WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1991-1995	30 Jun 2021	£340,000	70.85%
	21 Jul 2006	£199,000	First Sale
23 MILL WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	21 May 2021	£375,000	305.41%
23 MILL WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	08 Dec 1997	£92,500	First Sale
41 MILL WAYDetached, FreeholdArea: 136 Sq.mtrAge: 1991-1995	30 Apr 2021	£415,000	377.01%
41 MILL WAYDetached, FreeholdArea: 136 Sq.mtrAge: 1991-1995	09 Aug 1996	£87,000	First Sale
29 MILL WAYSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1983-1990	02 Mar 2021	£302,000	45.54%
	04 Nov 2011	£207,500	66.00%
	16 Jan 2002	£125,000	62.34%
	31 Mar 1999	£77,000	First Sale
17 MILL WAYDetached, FreeholdArea: 96 Sq.mtrAge: 1983-1990	14 Aug 2020	£395,500	52.14%
	20 Aug 2013	£259,950	130.04%
	30 Jul 1999	£113,000	First Sale
19 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	04 Oct 2019	£225,000	52.03%
19 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	03 Feb 2006	£148,000	First Sale
14 MILL WAYTerraced, FreeholdArea: 74 Sq.mtrAge: 1983-1990	08 Jul 2019	£295,000	40.48%
	04 Jan 2013	£210,000	200.00%
	27 May 1997	£70,000	First Sale
28 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	05 Jul 2019	£225,000	25.03%
	26 Oct 2007	£179,950	22.00%
	30 Jun 2005	£147,500	First Sale
26 MILL WAYSemi-Detached, FreeholdArea: 65.6 Sq.mtrAge: 1983-1990	01 Mar 2019	£322,000	43.11%
	27 Sep 2013	£225,000	4.65%
	31 Mar 2010	£215,000	First Sale
16 MILL WAYSemi-Detached, FreeholdArea: 102.89 Sq.mtrAge: 1983-1990	16 Nov 2018	£335,000	76.32%
	24 Apr 2009	£190,000	-5.00%
	26 May 2006	£200,000	First Sale
40 MILL WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1983-1990	31 Oct 2018	£365,000	-12.34%
40 MILL WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1983-1990	19 Apr 2024	£416,370	First Sale
6 MILL WAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1991-1995	04 May 2018	£297,000	75.74%
	24 Mar 2004	£169,000	150.37%
	30 Aug 1996	£67,500	First Sale
3 MILL WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	26 Jan 2018	£273,000	53.37%
3 MILL WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	30 Jun 2005	£178,000	First Sale
24 MILL WAYDetached, FreeholdArea: 102.4 Sq.mtrAge: 1983-1990	04 Aug 2017	£354,950	47.93%
	15 Oct 2009	£239,950	9.57%
	11 Jun 2003	£219,000	51.56%
	09 Jun 2000	£144,500	First Sale
21 MILL WAYDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	17 Aug 2016	£356,250	First Sale
38 MILL WAYTerraced, FreeholdArea: 98.7 Sq.mtrAge: 1983-1990	09 Aug 2016	£308,000	316.22%
	21 Aug 1998	£74,000	First Sale
39 MILL WAYDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	28 Jan 2016	£274,500	-10.00%
39 MILL WAYDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	06 Oct 2005	£305,000	First Sale
35 MILL WAYDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	16 Dec 2015	£387,000	First Sale
34 MILL WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	04 Dec 2015	£343,000	40.00%
	27 Oct 2011	£245,000	8.89%
	25 Jul 2003	£225,000	First Sale
15 MILL WAYTerraced, Freehold	03 Jul 2015	£269,950	28.55%
	12 Jun 2008	£210,000	5.00%
	06 Oct 2006	£200,000	194.55%
	22 Jul 1996	£67,900	First Sale
10 MILL WAYTerraced, FreeholdArea: 65.28 Sq.mtrAge: 1983-1990	31 Oct 2013	£190,000	5.56%
	26 Oct 2007	£180,000	First Sale
47 MILL WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1983-1990	12 Jul 2013	£217,000	19.89%
47 MILL WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1983-1990	30 Jan 2004	£181,000	First Sale
11 MILL WAYTerraced, FreeholdArea: 56 Sq.mtrAge: 1983-1990	21 Nov 2012	£171,800	18.48%
	26 Jan 2005	£145,000	119.86%
	29 Mar 1999	£65,950	First Sale
48 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	13 Aug 2012	£176,000	44.26%
	29 Jul 2002	£122,000	83.46%
	29 Jan 1999	£66,500	First Sale
18 MILL WAYTerraced, FreeholdArea: 65.6 Sq.mtrAge: 1983-1990	09 Jun 2011	£205,000	-4.65%
	26 Oct 2007	£215,000	172.15%
	15 Feb 1999	£79,000	First Sale
33 MILL WAYSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	06 Aug 2010	£207,000	257.20%
	28 Apr 1995	£57,950	First Sale
12 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	02 Dec 2008	£143,000	-1.38%
12 MILL WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	28 May 2004	£145,000	First Sale
42 MILL WAYDetached, Freehold	19 Jun 2008	£337,000	First Sale
37 MILL WAYTerraced, FreeholdArea: 54.94 Sq.mtrAge: 1983-1990	01 Jun 2007	£162,000	49.31%
	11 Jul 2002	£108,500	First Sale
36 MILL WAYTerraced, Freehold	05 Aug 2005	£181,000	First Sale
7 MILL WAYTerraced, FreeholdArea: 54.56 Sq.mtrAge: 1983-1990	10 Sep 2004	£146,000	4.29%
	17 Oct 2003	£140,000	139.32%
	18 Jul 1997	£58,500	First Sale
1 MILL WAYSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	17 Dec 2003	£167,500	126.35%
	22 Jan 1998	£74,000	19.35%
	08 Dec 1995	£62,000	First Sale
31 MILL WAYTerraced, Freehold	29 Oct 2002	£149,000	First Sale
50 MILL WAYDetached, Freehold	19 Jul 2002	£223,000	First Sale
8 MILL WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 1991-1995	21 Mar 2002	£125,000	First Sale
22 MILL WAYDetached, Freehold	30 Aug 2001	£195,000	First Sale
27 MILL WAYTerraced, Freehold	14 Jul 2000	£96,000	First Sale
45 MILL WAYDetached, Freehold	11 Jun 1999	£121,000	First Sale

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

MILL WAY, SO40 7JF Near By properties

Interactive Map

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

Detached
- The average price is around £241,355 median price is £230,000 Standard Deviation is £132,658 with Total Sold: 485
- The Last 5 Year average price is £448,224 with Total Sold: 69
- The most recent sale happened at this postcode is , 9 ROCKLEIGH DRIVE: £492,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 7 BIRCHLANDS: £84,750 (Sold on 24 Feb 1995)
Terraced
- The average price is around £139,947 median price is £135,975 Standard Deviation is £71,271 with Total Sold: 686
- The Last 5 Year average price is £258,303 with Total Sold: 80
- The most recent sale happened at this postcode is , 17 SURREY CLOSE: £176,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 21 BIRCHLANDS: £50,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £148,521 median price is £138,500 Standard Deviation is £80,570 with Total Sold: 458
- The Last 5 Year average price is £279,489 with Total Sold: 44
- The most recent sale happened at this postcode is , 75 RUSHINGTON LANE: £295,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 105 MAIN ROAD: £35,000 (Sold on 16 Jan 1995)
Flat
- The average price is around £108,900 median price is £112,500 Standard Deviation is £52,319 with Total Sold: 107
- The Last 5 Year average price is £183,150 with Total Sold: 10
- The most recent sale happened at this postcode is , 5 HAMBERT WAY: £210,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 9 HAMBERT WAY: £43,000 (Sold on 20 Jan 1995)
Other
- The average price is around £293,000 median price is £275,000 Standard Deviation is £224,002 with Total Sold: 4
- The Last 5 Year average price is £311,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 93 SPICERS HILL: £2,000 (Sold on 01 Dec 2022)
- The first recorded sale happened at this postcode is , 1 PEARTREE GARDENS: £340,000 (Sold on 16 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£423,674		5
2023	£478,125	£4,620	8
2022	£458,840	£4,647	21
2021	£435,521	£4,031	21
2020	£449,214	£3,822	7
2019	£436,857	£3,948	7
2018	£445,889	£3,887	9
2017	£379,105	£3,729	15
2016	£343,846	£3,364	12
2015	£322,154	£3,447	13
2014	£300,230	£3,098	15
2013	£278,716	£2,700	16
2012	£274,000	£2,989	10
2011	£262,688	£2,875	8
2010	£271,800	£3,080	12
2009	£234,522	£2,354	16
2008	£293,990	£2,891	5
2007	£312,527	£2,885	15
2006	£247,220	£2,605	20
2005	£251,409	£2,413	17
2004	£236,209	£2,422	11
2003	£235,122	£2,112	20
2002	£181,308	£1,828	19
2001	£170,236	£1,586	32
2000	£130,126	£1,334	21
1999	£116,562	£1,235	30
1998	£113,516	£1,180	28
1997	£97,861	£986	27
1996	£84,464	£870	24
1995	£78,607	£891	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£254,383	£4,522	9
2023	£278,700	£4,736	11
2022	£288,633	£5,222	15
2021	£242,584	£4,104	19
2020	£257,450	£4,160	10
2019	£237,247	£4,114	16
2018	£221,869	£4,219	18
2017	£228,262	£3,944	17
2016	£214,028	£3,637	16
2015	£195,605	£3,650	19
2014	£183,739	£3,329	23
2013	£180,856	£3,088	16
2012	£160,482	£3,001	14
2011	£162,100	£2,818	15
2010	£154,383	£3,099	12
2009	£158,607	£2,658	15
2008	£147,989	£2,848	9
2007	£169,570	£2,969	27
2006	£151,308	£2,886	35
2005	£151,622	£2,656	20
2004	£141,260	£2,646	29
2003	£130,110	£2,500	36
2002	£114,118	£2,013	46
2001	£97,641	£1,721	29
2000	£84,282	£1,464	34
1999	£68,988	£1,236	46
1998	£61,325	£1,093	34
1997	£54,910	£1,013	39
1996	£51,424	£936	34
1995	£51,333	£917	23

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£302,333	£3,421	3
2023	£315,619	£4,023	8
2022	£304,000	£3,902	7
2021	£255,900	£3,919	10
2020	£265,100	£3,597	5
2019	£259,371	£3,867	11
2018	£279,828	£3,855	9
2017	£262,206	£3,136	9
2016	£242,369	£3,734	8
2015	£245,795	£2,779	11
2014	£221,000	£3,051	8
2013	£194,250	£2,630	8
2012	£192,375	£2,775	8
2011	£178,804	£2,525	13
2010	£183,408	£2,773	12
2009	£163,272	£2,427	18
2008	£181,556	£2,593	9
2007	£179,970	£2,913	20
2006	£185,903	£2,378	16
2005	£166,488	£2,466	16
2004	£166,534	£2,619	19
2003	£147,583	£2,385	23
2002	£132,443	£2,053	21
2001	£98,778	£1,552	32
2000	£91,435	£1,439	20
1999	£76,594	£1,190	37
1998	£69,174	£1,082	31
1997	£57,615	£996	27
1996	£59,458	£856	20
1995	£50,239	£891	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£218,000	£4,124	3
2022	£226,000	£4,330	2
2021	£121,500	£4,060	2
2020	£160,833	£3,519	3
2018	£167,000	£3,784	3
2017	£178,990	£3,353	5
2016	£110,750	£3,702	2
2015	£179,950	£3,272	1
2014	£153,500	£2,890	3
2013	£134,533	£2,530	6
2012	£140,000	£2,711	2
2011	£147,500	£2,374	2
2010	£137,667	£2,719	3
2008	£90,250	£2,820	2
2007	£139,983	£2,867	6
2006	£125,000	£2,605	4
2005	£97,862	£2,624	4
2004	£116,142	£2,601	6
2003	£113,211	£2,348	9
2002	£105,667	£2,031	3
2001	£67,333	£1,445	3
2000	£62,430	£1,331	10
1999	£58,925	£1,123	4
1998	£42,100	£1,025	5
1997	£45,290	£844	5
1996	£33,790	£860	5
1995	£38,802	£750	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£2,000	£13	1
2020	£620,000		1
2017	£210,000	£3,387	1
2016	£340,000	£2,329	1

House Type in SO40 7JF area

The most common house types in the SO40 7JF postcode area are Detached (62), Terraced (35), and Semi-detached (24).

Total	126
Detached	62
Terraced	35
Semi-detached	24
Flat	3
Shared house	2
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 (60), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	60
Owned: Owns outright	38
Private rented: Private landlord or letting agency	23
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
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 SO40 7JF have 2 people in household (47), and 3 people in household (31).

2 people in household	47
3 people in household	31
1 person in household	25
4 people in household	17
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0