Housing Market Analysis for SHETLAND CLOSE, SO40 8HY

Are you looking to understand SO40 8HY 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 8HY area, explore the SO40 8HY Area information page.
For comprehensive crime statistics in the SO40 8HY area, explore the SO40 8HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO40 8HY postcode area, The average prices are as follows,

Terraced
- The average price is around £128,612 median price is £85,725 Standard Deviation is £104,526 with Total Sold: 4
- The Last 5 Year average price is £305,000 with Total Sold: 1
- The most recent sale happened at this postcode is 10 SHETLAND CLOSE: £305,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is 7 SHETLAND CLOSE: £38,000 (Sold on 07 Jun 1996)
Detached
- The average price is around £222,100 median price is £235,725 Standard Deviation is £96,182 with Total Sold: 14
- The Last 5 Year average price is £340,000 with Total Sold: 3
- The most recent sale happened at this postcode is 16 SHETLAND CLOSE: £370,000 (Sold on 03 Mar 2023)
- The first recorded sale happened at this postcode is 16 SHETLAND CLOSE: £84,000 (Sold on 24 May 1996)
Semi-Detached
- The average price is around £143,514 median price is £138,500 Standard Deviation is £54,778 with Total Sold: 18
- The most recent sale happened at this postcode is 2 SHETLAND CLOSE: £220,000 (Sold on 16 Mar 2018)
- The first recorded sale happened at this postcode is 1 SHETLAND CLOSE: £51,000 (Sold on 25 Aug 1995)
Flat
- The average price is around £69,125 median price is £69,125 Standard Deviation is £34,375 with Total Sold: 2
- The most recent sale happened at this postcode is 8 SHETLAND CLOSE: £103,500 (Sold on 06 Feb 2004)
- The first recorded sale happened at this postcode is 7 SHETLAND CLOSE: £34,750 (Sold on 30 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 8HY 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	£305,000		1
2001	£104,450		1
1997	£67,000	£650	1
1996	£38,000	£776	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£370,000	£4,568	1
2021	£330,000	£3,548	1
2020	£320,000	£3,441	1
2017	£291,000	£3,619	1
2010	£325,000	£2,211	1
2008	£250,000	£1,701	1
2007	£237,500		1
2006	£233,950	£2,888	1
2004	£219,950		1
2001	£136,000	£1,629	2
1997	£88,000	£605	2
1996	£84,000	£1,037	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£247,500	£3,734	2
2013	£137,000	£2,283	1
2012	£157,750	£2,665	2
2008	£168,000	£2,857	3
2005	£176,000		1
2004	£146,500		1
2003	£155,000	£2,143	1
2002	£118,333		3
1999	£89,500		1
1998	£79,375	£1,137	2
1995	£51,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£103,500	£2,300	1
1998	£34,750	£709	1

All the Sales in the SHETLAND CLOSE, SO40 8HY

See the table below for more details on the sold house prices in the SO40 8HY, New Forest postcode.

Address	Sold Date	Price	% Change
10 SHETLAND CLOSETerraced, Freehold	23 Aug 2024	£305,000	355.22%
10 SHETLAND CLOSETerraced, Freehold	07 Feb 1997	£67,000	First Sale
16 SHETLAND CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 1983-1990	03 Mar 2023	£370,000	58.15%
	24 Nov 2006	£233,950	178.51%
	24 May 1996	£84,000	First Sale
25 SHETLAND CLOSEDetached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	10 Feb 2021	£330,000	3.12%
	18 Dec 2020	£320,000	First Sale
2 SHETLAND CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-1990	16 Mar 2018	£220,000	60.58%
	05 Jul 2013	£137,000	First Sale
22 SHETLAND CLOSESemi-Detached, FreeholdArea: 72.34 Sq.mtrAge: 1983-1990	16 Mar 2018	£275,000	77.42%
	17 Feb 2003	£155,000	88.45%
	20 Nov 1998	£82,250	First Sale
19 SHETLAND CLOSEDetached, FreeholdArea: 80.4 Sq.mtrAge: 1983-1990	19 Jan 2017	£291,000	122.14%
	01 Jun 2001	£131,000	First Sale
3 SHETLAND CLOSESemi-Detached, FreeholdArea: 58.54 Sq.mtrAge: 1976-1982	17 May 2012	£156,000	First Sale
4 SHETLAND CLOSESemi-Detached, FreeholdArea: 59.837 Sq.mtr	10 Apr 2012	£159,500	First Sale
20 SHETLAND CLOSEDetached, FreeholdArea: 147 Sq.mtrAge: 1983-1990	29 Sep 2010	£325,000	30.00%
	17 Jun 2008	£250,000	180.90%
	30 May 1997	£89,000	First Sale
9 SHETLAND CLOSESemi-Detached, Freehold	29 Aug 2008	£227,000	First Sale
6 SHETLAND CLOSESemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1983-1990	21 Feb 2008	£138,500	First Sale
5 SHETLAND CLOSESemi-Detached, LeaseholdArea: 46.2 Sq.mtrAge: 1983-1990	21 Feb 2008	£138,500	First Sale
18 SHETLAND CLOSEDetached, Freehold	31 Aug 2007	£237,500	68.44%
18 SHETLAND CLOSEDetached, Freehold	10 Aug 2001	£141,000	First Sale
21 SHETLAND CLOSESemi-Detached, Freehold	14 Oct 2005	£176,000	28.00%
	12 Jul 2002	£137,500	53.63%
	02 Jul 1999	£89,500	16.99%
	28 Jan 1998	£76,500	First Sale
23 SHETLAND CLOSEDetached, Freehold	19 May 2004	£219,950	First Sale
1 SHETLAND CLOSESemi-Detached, Freehold	15 Apr 2004	£146,500	39.52%
	22 Feb 2002	£105,000	105.88%
	25 Aug 1995	£51,000	First Sale
8 SHETLAND CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-1990	06 Feb 2004	£103,500	First Sale
15 SHETLAND CLOSESemi-Detached, Freehold	03 May 2002	£112,500	First Sale
14 SHETLAND CLOSETerraced, Freehold	01 Jun 2001	£104,450	First Sale
7 SHETLAND CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	30 Mar 1998	£34,750	-8.55%
	07 Jun 1996	£38,000	First Sale
24 SHETLAND CLOSEDetached, Freehold	18 Jul 1997	£87,000	First Sale

Check out the sold house prices near the SO40 8HY postcode. Properties currently for saleProperties currently for rent

SHETLAND CLOSE, SO40 8HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO40 8HY 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 8HY postcode.

Semi-Detached
- The average price is around £153,638 median price is £142,950 Standard Deviation is £84,173 with Total Sold: 733
- The Last 5 Year average price is £311,976 with Total Sold: 68
- The most recent sale happened at this postcode is , 9 ALFRED CLOSE: £318,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 3 MELROSE COURT: £49,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £144,027 median price is £142,950 Standard Deviation is £75,057 with Total Sold: 1,311
- The Last 5 Year average price is £263,026 with Total Sold: 147
- The most recent sale happened at this postcode is , 10 SHETLAND CLOSE: £305,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 8 KINGSLEY GARDENS: £47,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £228,852 median price is £224,800 Standard Deviation is £106,021 with Total Sold: 938
- The Last 5 Year average price is £400,425 with Total Sold: 97
- The most recent sale happened at this postcode is , 28 ROBIN GARDENS: £325,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 ROBIN GARDENS: £78,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £91,677 median price is £94,750 Standard Deviation is £44,696 with Total Sold: 436
- The Last 5 Year average price is £150,166 with Total Sold: 50
- The most recent sale happened at this postcode is , 9 RUFUS GARDENS: £94,500 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 35 ALFRED CLOSE: £25,000 (Sold on 06 Jan 1995)
Other
- The average price is around £3,863,373 median price is £165,000 Standard Deviation is £10,189,040 with Total Sold: 9
- The Last 5 Year average price is £342,400 with Total Sold: 5
- The most recent sale happened at this postcode is , HANGER FARMHOUSE AIKMAN LANE: £916,000 (Sold on 14 Feb 2022)
- The first recorded sale happened at this postcode is TELECOMMUNICATIONS SITES, UPPER HANGER FARM WESTERN TOTTON BY PASS: £85,000 (Sold on 30 Mar 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,438	£4,405	8
2023	£333,500	£4,341	11
2022	£345,077	£3,971	13
2021	£299,344	£3,671	17
2020	£286,300	£3,752	10
2019	£264,056	£3,751	9
2018	£255,955	£3,622	11
2017	£256,000	£3,575	11
2016	£278,390	£3,309	15
2015	£241,127	£3,174	15
2014	£206,119	£2,905	16
2013	£210,939	£2,536	21
2012	£177,250	£2,748	4
2011	£186,397	£2,798	17
2010	£187,245	£2,789	10
2009	£176,847	£2,372	18
2008	£186,208	£2,765	20
2007	£186,100	£2,667	39
2006	£166,423	£2,622	33
2005	£156,662	£2,356	30
2004	£168,211	£2,574	33
2003	£159,426	£2,157	44
2002	£124,260	£1,945	55
2001	£103,988	£1,582	39
2000	£95,810	£1,441	49
1999	£80,048	£1,144	52
1998	£66,674	£1,099	42
1997	£55,393	£974	37
1996	£58,806	£876	26
1995	£51,843	£749	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,700	£4,124	15
2023	£281,917	£4,298	18
2022	£282,038	£4,336	26
2021	£270,270	£3,794	46
2020	£233,921	£3,754	26
2019	£242,344	£3,597	16
2018	£236,674	£3,606	37
2017	£218,823	£3,554	33
2016	£217,802	£3,313	33
2015	£208,676	£3,363	40
2014	£188,949	£2,857	50
2013	£174,772	£2,680	43
2012	£168,368	£2,591	34
2011	£162,739	£2,407	23
2010	£170,214	£2,383	25
2009	£157,148	£2,511	20
2008	£155,386	£2,672	18
2007	£176,270	£2,655	44
2006	£158,929	£2,595	62
2005	£149,096	£2,398	45
2004	£148,753	£2,324	60
2003	£148,466	£2,182	78
2002	£119,123	£2,078	58
2001	£87,910	£1,498	71
2000	£84,268	£1,330	72
1999	£65,844	£1,088	71
1998	£63,054	£1,014	62
1997	£53,233	£905	79
1996	£49,670	£836	56
1995	£48,062	£813	50

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£402,500	£4,228	8
2023	£449,107	£4,286	14
2022	£458,333	£4,846	15
2021	£394,081	£4,001	24
2020	£362,754	£3,569	13
2019	£360,215	£4,038	23
2018	£360,945	£3,586	19
2017	£345,191	£3,661	27
2016	£361,206	£3,388	24
2015	£304,915	£3,077	23
2014	£303,783	£2,802	25
2013	£278,596	£2,826	27
2012	£276,923	£2,514	24
2011	£258,818	£2,573	14
2010	£271,473	£2,672	30
2009	£244,797	£2,646	15
2008	£235,474	£2,238	21
2007	£258,853	£2,535	39
2006	£241,399	£2,460	47
2005	£243,343	£2,449	27
2004	£224,911	£2,283	31
2003	£232,548	£2,269	57
2002	£195,582	£2,018	47
2001	£159,333	£1,703	50
2000	£153,566	£1,441	87
1999	£130,227	£1,379	88
1998	£129,466	£1,317	38
1997	£91,509	£863	28
1996	£80,340	£871	30
1995	£74,111	£784	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,500	£3,554	1
2023	£145,583	£3,482	6
2022	£148,045	£3,407	11
2021	£161,790	£3,550	10
2020	£142,429	£3,199	7
2019	£153,127	£3,449	15
2018	£142,106	£3,491	9
2017	£154,990	£3,674	5
2016	£143,219	£3,010	13
2015	£132,591	£2,899	11
2014	£117,444	£2,566	9
2013	£115,369	£2,594	8
2012	£105,495	£2,336	11
2011	£100,500	£2,454	8
2010	£115,119	£2,730	8
2009	£101,688	£2,566	8
2008	£93,333	£2,821	3
2007	£130,300	£2,964	20
2006	£123,798	£2,779	15
2005	£104,563	£2,507	29
2004	£110,780	£2,580	25
2003	£100,297	£2,399	18
2002	£80,074	£1,901	17
2001	£63,313	£1,539	31
2000	£54,417	£1,361	21
1999	£45,296	£1,104	28
1998	£43,621	£990	26
1997	£36,131	£919	21
1996	£34,015	£861	29
1995	£34,269	£820	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£916,000	£2,776	1
2021	£188,667	£4,473	3
2020	£230,000	£3,348	1
2017	£10,991,119	£356,560	3
2016	£85,000		1

House Type in SO40 8HY area

The most common house types in the SO40 8HY postcode area are Terraced (46), Semi-detached (41), and Detached (16).

Total	120
Terraced	46
Semi-detached	41
Detached	16
Flat	12
Shared house	4
temporary structure	1
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (51), and Owned: Owns with a mortgage or loan (33).

Social rented: Other social rented	51
Owned: Owns with a mortgage or loan	33
Owned: Owns outright	16
Private rented: Private landlord or letting agency	16
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	2
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 8HY have 2 people in household (51), and 1 person in household (34).

2 people in household	51
1 person in household	34
4 people in household	20
3 people in household	8
5 people in household	7
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0