Housing Market Analysis for SOVEREIGN CLOSE, SO40 8XP

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

Overview of Sold House prices

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

Detached
- The average price is around £236,152 median price is £225,000 Standard Deviation is £91,901 with Total Sold: 49
- The Last 5 Year average price is £363,100 with Total Sold: 5
- The most recent sale happened at this postcode is 11 SOVEREIGN CLOSE: £545,000 (Sold on 05 May 2022)
- The first recorded sale happened at this postcode is 16 SOVEREIGN CLOSE: £377,500 (Sold on 12 Jan 2024)
Semi-Detached
- The average price is around £204,125 median price is £188,750 Standard Deviation is £99,891 with Total Sold: 4
- The Last 5 Year average price is £333,000 with Total Sold: 1
- The most recent sale happened at this postcode is 17 SOVEREIGN CLOSE: £270,000 (Sold on 30 Jul 2015)
- The first recorded sale happened at this postcode is 6 SOVEREIGN CLOSE: £333,000 (Sold on 05 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SO40 8XP 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
2022	£545,000	£4,542	1
2020	£257,500	£3,179	2
2016	£305,000	£3,812	1
2015	£338,500	£3,094	2
2013	£307,667	£2,750	3
2012	£261,500	£2,675	2
2010	£292,500	£2,838	2
2009	£218,000	£2,670	1
2007	£288,150	£2,721	3
2006	£254,167	£1,995	3
2005	£219,000	£2,682	1
2004	£268,750	£2,285	4
2003	£195,000	£2,482	1
2002	£199,250	£2,172	4
2001	£215,000		1
2000	£178,333	£1,563	3
1999	£143,231	£1,399	13
2023	£378,000	£4,725	1
2024	£377,500	£4,660	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£270,000	£3,437	1
1999	£106,750	£1,318	2
2024	£333,000		1

All the Sales in the SOVEREIGN CLOSE, SO40 8XP

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

Address	Sold Date	Price	% Change
11 SOVEREIGN CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1996-2002	05 May 2022	£545,000	35.91%
	30 Oct 2015	£401,000	40.70%
	17 Aug 2012	£285,000	54.89%
	17 Dec 1999	£184,000	First Sale
16 SOVEREIGN CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	20 Mar 2020	£300,000	39.53%
	24 Jan 2020	£215,000	81.43%
	29 Oct 1999	£118,500	-68.61%
	12 Jan 2024	£377,500	First Sale
3 SOVEREIGN CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	25 Nov 2016	£305,000	28.15%
	29 Jun 2012	£238,000	-0.81%
	23 Apr 2007	£239,950	38.30%
	19 Aug 2002	£173,500	52.19%
	17 Dec 1999	£114,000	-69.84%
	17 Nov 2023	£378,000	First Sale
1 SOVEREIGN CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-2002	23 Oct 2015	£276,000	16.46%
	26 Mar 2007	£237,000	103.43%
	27 Aug 1999	£116,500	First Sale
17 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 78.55 Sq.mtrAge: 1996-2002	30 Jul 2015	£270,000	13.45%
	06 Sep 2013	£238,000	22.05%
	01 Oct 2003	£195,000	77.27%
	27 Aug 1999	£110,000	First Sale
14 SOVEREIGN CLOSEDetached, FreeholdArea: 135.16 Sq.mtrAge: 1996-2002	20 Aug 2013	£320,000	16.36%
	30 Jun 2006	£275,000	-1.79%
	22 Jul 2004	£280,000	53.85%
	17 Dec 1999	£182,000	First Sale
7 SOVEREIGN CLOSEDetached, FreeholdArea: 128 Sq.mtrAge: 1996-2002	28 Mar 2013	£365,000	1.39%
	25 Mar 2010	£360,000	23.08%
	30 Aug 2002	£292,500	30.00%
	25 Feb 2000	£225,000	First Sale
4 SOVEREIGN CLOSEDetached, FreeholdArea: 78.59 Sq.mtrAge: 1996-2002	25 Jan 2010	£225,000	7.14%
	30 Jan 2004	£210,000	29.63%
	28 Mar 2002	£162,000	44.64%
	17 Dec 1999	£112,000	First Sale
15 SOVEREIGN CLOSEDetached, FreeholdArea: 81.6608 Sq.mtrAge: 1996-2002	23 Jan 2009	£218,000	-0.46%
	08 Sep 2005	£219,000	84.81%
	29 Oct 1999	£118,500	First Sale
10 SOVEREIGN CLOSEDetached, Freehold	23 Mar 2007	£387,500	78.57%
10 SOVEREIGN CLOSEDetached, Freehold	20 Dec 1999	£217,000	First Sale
2 SOVEREIGN CLOSEDetached, Freehold	31 Jul 2006	£227,500	77.73%
	23 Jun 2000	£128,000	9.40%
	27 Aug 1999	£117,000	First Sale
8 SOVEREIGN CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1996-2002	24 Mar 2006	£260,000	42.86%
	06 Jan 2000	£182,000	First Sale
9 SOVEREIGN CLOSEDetached, Freehold	05 Nov 2004	£300,000	39.53%
	22 Jun 2001	£215,000	20.79%
	17 Dec 1999	£178,000	First Sale
12 SOVEREIGN CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1996-2002	06 Aug 2004	£285,000	56.59%
	22 Dec 1999	£182,000	First Sale
18 SOVEREIGN CLOSEDetached, Freehold	28 May 2002	£169,000	50.22%
18 SOVEREIGN CLOSEDetached, Freehold	27 Aug 1999	£112,500	First Sale
5 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1996-2002	20 Dec 1999	£106,000	First Sale
6 SOVEREIGN CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1991-1995	16 Dec 1999	£107,500	-67.72%
	05 Apr 2024	£333,000	First Sale

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

SOVEREIGN CLOSE, SO40 8XP Near By properties

Interactive Map

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

Terraced
- The average price is around £148,020 median price is £149,475 Standard Deviation is £73,643 with Total Sold: 1,382
- The Last 5 Year average price is £262,514 with Total Sold: 167
- The most recent sale happened at this postcode is , 8 TREAGORE ROAD: £370,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 37 FRITHAM CLOSE: £64,000 (Sold on 26 Jan 1995)
Semi-Detached
- The average price is around £161,061 median price is £150,000 Standard Deviation is £85,820 with Total Sold: 834
- The Last 5 Year average price is £308,113 with Total Sold: 91
- The most recent sale happened at this postcode is , 4 OATFIELD GARDENS: £277,500 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 3 MELROSE COURT: £49,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £244,009 median price is £245,000 Standard Deviation is £106,379 with Total Sold: 957
- The Last 5 Year average price is £400,333 with Total Sold: 93
- The most recent sale happened at this postcode is , 51 AMEY GARDENS: £498,000 (Sold on 30 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 £85,559 median price is £78,250 Standard Deviation is £45,331 with Total Sold: 380
- The Last 5 Year average price is £150,876 with Total Sold: 37
- The most recent sale happened at this postcode is , 7 TREAGORE ROAD: £95,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 63 TREAGORE ROAD: £44,500 (Sold on 06 Jan 1995)
Other
- The average price is around £5,727,393 median price is £237,500 Standard Deviation is £12,053,541 with Total Sold: 6
- The Last 5 Year average price is £463,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 63 TREAGORE ROAD: £245,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 18 CLYDESDALE WAY: £150,000 (Sold on 31 Jul 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,867	£3,881	15
2023	£277,083	£4,146	24
2022	£282,371	£4,203	31
2021	£263,370	£3,716	47
2020	£241,918	£3,504	25
2019	£237,878	£3,377	25
2018	£237,948	£3,565	30
2017	£217,087	£3,308	39
2016	£215,939	£3,246	41
2015	£209,509	£3,195	41
2014	£188,811	£2,689	55
2013	£174,728	£2,430	51
2012	£165,622	£2,565	37
2011	£159,356	£2,317	32
2010	£169,432	£2,262	31
2009	£159,202	£2,306	24
2008	£159,875	£2,411	20
2007	£174,566	£2,464	55
2006	£156,418	£2,454	63
2005	£150,450	£2,308	46
2004	£151,883	£2,254	63
2003	£147,555	£1,997	88
2002	£118,872	£2,049	54
2001	£88,983	£1,422	64
2000	£85,096	£1,307	74
1999	£67,938	£1,036	67
1998	£62,480	£970	72
1997	£53,148	£849	64
1996	£48,675	£778	65
1995	£49,362	£784	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£326,844	£3,908	9
2023	£331,367	£4,233	15
2022	£336,218	£4,001	17
2021	£300,413	£3,609	23
2020	£285,857	£3,722	14
2019	£269,154	£3,471	13
2018	£271,062	£3,476	16
2017	£255,600	£3,447	15
2016	£266,245	£3,325	22
2015	£237,696	£2,950	20
2014	£215,497	£2,893	18
2013	£215,674	£2,544	24
2012	£189,733	£2,429	6
2011	£190,776	£2,737	19
2010	£186,082	£2,682	11
2009	£181,958	£2,191	18
2008	£190,724	£2,733	21
2007	£187,358	£2,628	45
2006	£172,239	£2,378	38
2005	£161,710	£2,321	35
2004	£170,612	£2,432	39
2003	£157,626	£2,138	44
2002	£128,624	£1,896	66
2001	£99,129	£1,451	40
2000	£95,620	£1,394	53
1999	£80,693	£1,106	59
1998	£65,012	£1,052	39
1997	£57,298	£957	37
1996	£59,162	£834	25
1995	£51,976	£736	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£435,318	£4,225	11
2023	£429,125	£4,276	12
2022	£441,818	£4,524	11
2021	£398,148	£4,010	30
2020	£354,409	£3,389	11
2019	£366,111	£3,978	18
2018	£373,775	£3,344	18
2017	£371,680	£3,499	23
2016	£369,852	£3,341	24
2015	£314,448	£2,907	29
2014	£314,045	£2,783	24
2013	£279,601	£2,788	34
2012	£293,541	£2,496	28
2011	£268,497	£2,577	18
2010	£278,933	£2,614	26
2009	£253,648	£2,444	20
2008	£249,134	£2,210	22
2007	£267,532	£2,497	38
2006	£256,582	£2,436	56
2005	£250,203	£2,339	33
2004	£250,165	£2,270	38
2003	£262,698	£2,230	88
2002	£211,942	£1,979	67
2001	£158,631	£1,603	32
2000	£155,885	£1,412	76
1999	£130,160	£1,341	70
1998	£130,115	£1,234	24
1997	£90,991	£865	28
1996	£79,848	£919	30
1995	£77,572	£768	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,750	£3,554	2
2023	£141,500	£3,610	6
2022	£148,699	£4,132	5
2021	£171,161	£3,707	9
2020	£149,000	£3,402	6
2019	£151,772	£3,613	9
2018	£146,806	£3,592	8
2017	£159,150	£3,607	6
2016	£139,625	£3,303	8
2015	£112,700	£2,743	5
2014	£117,000	£2,535	6
2013	£112,992	£2,836	6
2012	£95,625	£2,547	4
2011	£101,857	£2,518	7
2010	£109,833	£2,747	6
2009	£96,071	£2,576	7
2008	£103,390	£3,053	5
2007	£124,309	£2,911	16
2006	£118,748	£2,613	16
2005	£100,403	£2,478	23
2004	£107,500	£2,708	22
2003	£92,337	£2,365	16
2002	£80,344	£1,906	18
2001	£60,310	£1,501	40
2000	£51,108	£1,372	12
1999	£42,742	£1,103	24
1998	£41,620	£966	30
1997	£37,148	£918	20
1996	£32,846	£837	23
1995	£34,067	£812	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,000	£4,834	1
2022	£916,000	£2,776	1
2020	£230,000	£3,348	1
2017	£10,991,119	£356,560	3

House Type in SO40 8XP area

The most common house types in the SO40 8XP postcode area are Detached (92), Semi-detached (36), and Terraced (5).

Total	134
Detached	92
Semi-detached	36
Terraced	5
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (73), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	73
Owned: Owns outright	45
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SO40 8XP have 2 people in household (45), and 4 people in household (26).

2 people in household	45
4 people in household	26
1 person in household	24
3 people in household	24
5 people in household	11
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0