Housing Market Analysis for PALACE LANE, SO42 7YG

Are you looking to understand SO42 7YG 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 SO42 7YG area, explore the SO42 7YG Area information page.
For comprehensive crime statistics in the SO42 7YG area, explore the SO42 7YG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO42 7YG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £1,342,222 median price is £1,325,000 Standard Deviation is £806,219 with Total Sold: 9
    • The Last 5 Year average price is £2,750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ARNWOOD HOUSE PALACE LANE: £2,750,000 (Sold on 30 Nov 2020)
    • The first recorded sale happened at this postcode is PARSONS MEAD PALACE LANE: £350,000 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SO42 7YG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£2,750,000 £6,486 1
2018£2,300,000 £6,866 1
2016£1,325,000 £4,206 1
2007£1,737,500 £4,534 2
2005£390,0001
2000£840,000 £2,507 1
1998£650,000 £1,940 1
1995£350,000 £1,045 1

All the Sales in the PALACE LANE, SO42 7YG

See the table below for more details on the sold house prices in the SO42 7YG, New Forest postcode.

AddressSold DatePrice% Change
ARNWOOD HOUSE PALACE LANEDetached, FreeholdArea: 424 Sq.mtrAge: 1930-194930 Nov 2020£2,750,00050.68%
21 Mar 2007£1,825,000First Sale
PARSONS MEAD PALACE LANEDetached, FreeholdArea: 335 Sq.mtrAge: 1900-192927 Jun 2018£2,300,000173.81%
28 Jul 2000£840,00029.23%
27 Feb 1998£650,00085.71%
04 Aug 1995£350,000First Sale
MONKSWELL HOUSE PALACE LANEDetached, FreeholdArea: 315 Sq.mtrAge: before 190003 Feb 2016£1,325,000First Sale
ROPEWAY PALACE LANEDetached, FreeholdArea: 346.41 Sq.mtrAge: 1930-194930 Mar 2007£1,650,000First Sale
THREE DIALS PALACE LANEDetached, Freehold11 Nov 2005£390,000First Sale

Check out the sold house prices near the SO42 7YG postcode. Properties currently for saleProperties currently for rent

PALACE LANE, SO42 7YG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO42 7YG 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 SO42 7YG postcode.

  • Other
    • The average price is around £2,700,000 median price is £2,700,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,700,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CARPENTERS COTTAGE DOCK LANE: £2,700,000 (Sold on 05 Feb 2024)
    • The first recorded sale happened at this postcode is , CARPENTERS COTTAGE DOCK LANE: £2,700,000 (Sold on 05 Feb 2024)
  • Detached
    • The average price is around £1,133,588 median price is £950,000 Standard Deviation is £775,435 with Total Sold: 17
    • The Last 5 Year average price is £2,375,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , KELHAM DOCK LANE: £2,000,000 (Sold on 09 Sep 2022)
    • The first recorded sale happened at this postcode is , PANS GARDEN DOCK LANE: £200,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £595,000 median price is £595,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , PEPPERBOX HOUSE, 54 HIGH STREET: £595,000 (Sold on 27 Jul 2012)
    • The first recorded sale happened at this postcode is , PEPPERBOX HOUSE, 54 HIGH STREET: £595,000 (Sold on 27 Jul 2012)
  • Semi-Detached
    • The average price is around £235,500 median price is £235,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE MALT HOUSE HIGH STREET: £235,500 (Sold on 13 Nov 1998)
    • The first recorded sale happened at this postcode is , THE MALT HOUSE HIGH STREET: £235,500 (Sold on 13 Nov 1998)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,700,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,000,000 £6,472 1
2020£2,750,000 £6,486 1
2018£2,300,000 £6,866 1
2016£1,325,000 £4,206 1
2007£1,737,500 £4,534 2
2005£720,0002
2000£895,000 £2,507 2
1999£1,286,250 £2,500 2
1998£650,000 £1,940 1
1997£340,000 £2,073 1
1995£209,500 £1,298 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£595,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£235,5001

House Type in SO42 7YG area

The most common house types in the SO42 7YG postcode area are Detached (48), Semi-detached (25), and Terraced (21).

Total121
Detached48
Semi-detached25
Terraced21
Flat20
converted building3
Shared house2
commercial building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Owned: Owns outright (28).

Private rented: Private landlord or letting agency49
Owned: Owns outright28
Social rented: Other social rented15
Private rented: Other private rented13
Owned: Owns with a mortgage or loan11
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SO42 7YG have 1 person in household (46), and 2 people in household (42).

1 person in household46
2 people in household42
4 people in household16
3 people in household11
5 people in household2
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0