Housing Market Analysis for PENHALE WAY, SO40 7JU

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

Overview of Sold House prices

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

Terraced
- The average price is around £129,666 median price is £111,500 Standard Deviation is £79,283 with Total Sold: 19
- The Last 5 Year average price is £261,225 with Total Sold: 2
- The most recent sale happened at this postcode is 12 PENHALE WAY: £339,950 (Sold on 15 Jan 2024)
- The first recorded sale happened at this postcode is 10 PENHALE WAY: £76,750 (Sold on 28 Jul 1995)
Detached
- The average price is around £218,380 median price is £215,250 Standard Deviation is £110,126 with Total Sold: 10
- The Last 5 Year average price is £420,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 PENHALE WAY: £420,000 (Sold on 03 May 2023)
- The first recorded sale happened at this postcode is 8 PENHALE WAY: £82,400 (Sold on 07 Feb 1997)
Semi-Detached
- The average price is around £101,200 median price is £119,500 Standard Deviation is £32,706 with Total Sold: 5
- The most recent sale happened at this postcode is 5 PENHALE WAY: £124,000 (Sold on 19 Feb 2010)
- The first recorded sale happened at this postcode is 5 PENHALE WAY: £53,000 (Sold on 14 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 7JU 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
2024	£339,950	£5,151	1
2019	£182,500	£4,451	1
2016	£199,833	£3,677	3
2014	£181,000	£3,121	1
2007	£157,100	£3,188	2
2006	£191,500		1
2004	£111,500	£2,720	1
2002	£89,000	£2,171	1
2000	£67,000	£1,634	1
1999	£79,000		1
1998	£43,000		1
1997	£54,125	£1,082	2
1996	£40,250	£982	2
1995	£76,750	£548	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£5,060	1
2017	£350,000	£4,217	1
2014	£310,000	£2,844	1
2009	£250,000	£1,877	1
2005	£250,000	£2,294	1
2001	£180,500	£1,656	1
1999	£111,950	£1,289	2
1998	£117,000	£1,073	1
1997	£82,400	£993	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£124,000	£3,024	1
2007	£137,500	£3,354	1
2004	£119,500	£2,915	1
2001	£72,000	£1,756	1
1999	£53,000	£1,293	1

All the Sales in the PENHALE WAY, SO40 7JU

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

Address	Sold Date	Price	% Change
12 PENHALE WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	15 Jan 2024	£339,950	49.10%
	05 Sep 2016	£228,000	First Sale
8 PENHALE WAYDetached, FreeholdArea: 83 Sq.mtrAge: 1991-1995	03 May 2023	£420,000	20.00%
	23 Aug 2017	£350,000	227.26%
	09 Apr 1999	£106,950	29.79%
	07 Feb 1997	£82,400	First Sale
9 PENHALE WAYTerraced, FreeholdArea: 41 Sq.mtrAge: 1983-1990	18 Jan 2019	£182,500	105.06%
	31 May 2002	£89,000	131.17%
	10 Apr 1996	£38,500	First Sale
14 PENHALE WAYTerraced, FreeholdArea: 58 Sq.mtrAge: 1991-1995	23 Nov 2016	£207,500	14.64%
	31 Jul 2014	£181,000	0.58%
	07 Dec 2007	£179,950	170.60%
	05 Dec 1997	£66,500	First Sale
5 PENHALE WAYTerraced, FreeholdArea: 41 Sq.mtrAge: 1983-1990	24 Jun 2016	£164,000	32.26%
	19 Feb 2010	£124,000	-9.82%
	30 Nov 2007	£137,500	15.06%
	11 Jun 2004	£119,500	65.97%
	25 May 2001	£72,000	35.85%
	14 Sep 1999	£53,000	First Sale
4 PENHALE WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1991-1995	20 Aug 2014	£310,000	24.00%
	22 Apr 2005	£250,000	38.50%
	24 Oct 2001	£180,500	54.27%
	26 Jun 1998	£117,000	First Sale
3 PENHALE WAYDetached, FreeholdArea: 133.2 Sq.mtrAge: 1983-1990	17 Dec 2009	£250,000	First Sale
7 PENHALE WAYTerraced, FreeholdArea: 41 Sq.mtrAge: 1983-1990	05 Apr 2007	£134,250	20.40%
	20 Feb 2004	£111,500	66.42%
	16 Jun 2000	£67,000	60.48%
	29 May 1997	£41,750	First Sale
16 PENHALE WAYTerraced, Freehold	17 Aug 2006	£191,500	142.41%
16 PENHALE WAYTerraced, Freehold	26 Mar 1999	£79,000	First Sale
2 PENHALE WAYDetached, Freehold	08 Dec 1999	£116,950	First Sale
11 PENHALE WAYTerraced, Freehold	12 Feb 1998	£43,000	First Sale
15 PENHALE WAYTerraced, FreeholdArea: 41 Sq.mtrAge: 1976-1982	05 Jul 1996	£42,000	First Sale
10 PENHALE WAYTerraced, FreeholdArea: 140 Sq.mtrAge: 1983-1990	28 Jul 1995	£76,750	First Sale

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

PENHALE WAY, SO40 7JU Near By properties

Interactive Map

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

Detached
- The average price is around £234,842 median price is £229,995 Standard Deviation is £123,408 with Total Sold: 719
- The Last 5 Year average price is £429,158 with Total Sold: 101
- 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 , 102 LACKFORD AVENUE: £67,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £157,942 median price is £149,950 Standard Deviation is £85,138 with Total Sold: 824
- The Last 5 Year average price is £296,851 with Total Sold: 92
- The most recent sale happened at this postcode is , 14 TESTBOURNE AVENUE: £375,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 2 BRONTE CLOSE: £37,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £143,336 median price is £138,000 Standard Deviation is £74,282 with Total Sold: 1,025
- The Last 5 Year average price is £261,155 with Total Sold: 119
- 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)
Flat
- The average price is around £129,232 median price is £140,000 Standard Deviation is £54,504 with Total Sold: 213
- The Last 5 Year average price is £196,185 with Total Sold: 27
- The most recent sale happened at this postcode is , 28 BRAMTOCO WAY: £215,000 (Sold on 16 Aug 2024)
- 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 £320,430 median price is £385,895 Standard Deviation is £236,121 with Total Sold: 6
- The Last 5 Year average price is £377,516 with Total Sold: 5
- 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 , 1A DEERHURST CLOSE: £35,000 (Sold on 15 Oct 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£423,674		5
2023	£453,231	£4,358	13
2022	£448,302	£4,689	27
2021	£425,035	£3,993	27
2020	£410,792	£3,746	12
2019	£401,468	£3,852	17
2018	£351,679	£3,872	14
2017	£379,848	£3,663	16
2016	£350,905	£3,314	20
2015	£315,138	£3,187	21
2014	£291,576	£2,967	19
2013	£292,698	£2,672	31
2012	£256,324	£2,933	17
2011	£270,639	£2,589	14
2010	£273,448	£2,640	20
2009	£244,871	£2,366	21
2008	£288,550	£2,872	12
2007	£268,538	£2,744	17
2006	£246,481	£2,530	35
2005	£229,040	£2,487	21
2004	£243,550	£2,360	22
2003	£230,779	£2,201	28
2002	£185,883	£1,907	29
2001	£158,389	£1,472	40
2000	£127,565	£1,377	27
1999	£120,414	£1,263	43
1998	£109,450	£1,049	33
1997	£94,323	£995	42
1996	£83,582	£894	32
1995	£82,221	£856	44

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,625	£3,500	8
2023	£309,995	£3,890	11
2022	£317,868	£4,081	19
2021	£287,157	£4,028	22
2020	£296,985	£3,667	14
2019	£270,921	£3,793	18
2018	£276,720	£3,620	20
2017	£274,362	£3,492	24
2016	£252,260	£3,942	15
2015	£242,500	£3,048	16
2014	£221,797	£3,082	15
2013	£195,974	£2,791	21
2012	£208,971	£2,539	19
2011	£197,968	£2,668	19
2010	£187,105	£2,687	20
2009	£172,708	£2,486	30
2008	£181,761	£2,828	19
2007	£185,932	£2,861	33
2006	£186,415	£2,539	31
2005	£169,440	£2,531	25
2004	£163,010	£2,549	34
2003	£146,842	£2,395	30
2002	£131,389	£2,134	40
2001	£100,773	£1,603	54
2000	£88,147	£1,368	38
1999	£78,229	£1,205	60
1998	£71,238	£1,087	51
1997	£62,035	£1,009	41
1996	£60,443	£892	38
1995	£56,097	£941	39

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,130	£4,135	15
2023	£279,747	£4,498	17
2022	£290,583	£4,744	21
2021	£246,817	£4,058	24
2020	£254,339	£3,962	18
2019	£242,327	£4,095	24
2018	£232,786	£4,032	25
2017	£241,285	£3,842	26
2016	£222,691	£3,548	28
2015	£198,458	£3,418	25
2014	£184,130	£3,314	36
2013	£177,895	£2,912	29
2012	£187,708	£2,828	24
2011	£175,058	£2,732	26
2010	£160,504	£3,233	24
2009	£156,450	£2,618	18
2008	£150,821	£2,915	12
2007	£172,542	£2,992	31
2006	£154,332	£2,777	49
2005	£152,991	£2,779	35
2004	£145,255	£2,631	43
2003	£131,736	£2,421	54
2002	£116,084	£1,987	60
2001	£96,854	£1,720	48
2000	£84,193	£1,396	50
1999	£69,265	£1,205	65
1998	£64,216	£1,101	58
1997	£54,972	£1,031	55
1996	£53,006	£893	54
1995	£53,827	£916	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,625		4
2023	£208,500	£4,124	4
2022	£221,400	£3,862	5
2021	£175,071	£3,570	7
2020	£172,100	£3,478	5
2019	£183,750	£2,436	2
2018	£197,222	£3,548	9
2017	£172,550	£3,136	9
2016	£162,795	£3,068	10
2015	£162,475	£3,284	2
2014	£156,994	£2,735	9
2013	£133,150	£2,440	8
2012	£151,472	£2,678	20
2011	£144,565	£2,517	23
2010	£147,400	£2,652	5
2008	£90,250	£2,820	2
2007	£144,238	£2,847	8
2006	£125,000	£2,454	5
2005	£106,490	£2,624	5
2004	£116,142	£2,601	6
2003	£114,368	£2,318	10
2002	£105,667	£2,031	3
2001	£77,125	£1,313	6
2000	£62,891	£1,331	11
1999	£58,440	£1,123	5
1998	£42,639	£873	9
1997	£48,869	£860	8
1996	£37,421	£818	7
1995	£41,035	£726	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£140,000	£2,786	2
2020	£620,000		1
2019	£493,790	£5,951	2
2013	£35,000	£389	1

House Type in SO40 7JU area

The most common house types in the SO40 7JU postcode area are Terraced (70), Semi-detached (38), and Detached (17).

Total	127
Terraced	70
Semi-detached	38
Detached	17
Flat	2
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 with a mortgage or loan (53), and Private rented: Private landlord or letting agency (35).

Owned: Owns with a mortgage or loan	53
Private rented: Private landlord or letting agency	35
Owned: Owns outright	26
Social rented: Other social rented	4
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SO40 7JU have 2 people in household (45), and 1 person in household (44).

2 people in household	45
1 person in household	44
3 people in household	20
4 people in household	13
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0