Housing Market Analysis for SO40 7LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average SO40 7LT 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.

    All the Sales in the SO40 7LT

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

    AddressSold DatePrice% Change

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

    SO40 7LT Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £464,897 median price is £419,000 Standard Deviation is £409,936 with Total Sold: 19
      • The Last 5 Year average price is £500,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , STABLES COTTAGE RINGWOOD ROAD: £500,000 (Sold on 17 Dec 2021)
      • The first recorded sale happened at this postcode is , CEDARWOOD RINGWOOD ROAD: £100,000 (Sold on 11 Jan 1995)
    • Other
      • The average price is around £963,750 median price is £1,100,000 Standard Deviation is £584,935 with Total Sold: 6
      • The Last 5 Year average price is £585,833 with Total Sold: 3
      • The most recent sale happened at this postcode is PLOTS A, B AND C, LYING TO THE EAST OF PETLAKE FARM RINGWOOD ROAD: £127,500 (Sold on 23 Nov 2020)
      • The first recorded sale happened at this postcode is , BARTLEY GRANGE EADENS LANE: £1,825,000 (Sold on 21 Dec 2016)
    • Semi-Detached
      • The average price is around £237,500 median price is £237,500 Standard Deviation is £142,500 with Total Sold: 2
      • The Last 5 Year average price is £380,000 with Total Sold: 1
      • The most recent sale happened at this postcode is 4, WOODSIDE COTTAGE RINGWOOD ROAD: £380,000 (Sold on 25 Sep 2019)
      • The first recorded sale happened at this postcode is 4, WOODSIDE COTTAGE RINGWOOD ROAD: £95,000 (Sold on 18 Oct 1996)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£500,0001
    2017£633,000 £4,869 1
    2015£462,0001
    2014£740,000 £3,936 1
    2011£480,000 £2,953 2
    2007£1,016,667 £3,128 3
    2005£448,750 £3,242 2
    2004£356,000 £1,987 1
    2003£420,0001
    2001£30,0001
    1998£156,2752
    1996£186,0002
    1995£100,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£585,833 £2,400 3
    2017£1,100,000 £3,470 2
    2016£1,825,000 £3,336 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£380,000 £4,255 1
    1996£95,000 £1,064 1

    House Type in SO40 7LT area

    The most common house types in the SO40 7LT 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 7LT 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